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The company was founded by acquirring a small housing project and renamed as “Ornsirin 1” with a starting capital of 10 million Baht. With in only one year, the company was able to close the first housing project sale. - 2006
2007 – 2009 During these years, Thailand’s property boom has benefited our company’s sales revenue. The sales was gradually increased and the company developed another project; Ornsirin 2.
2010 – 2011 The Company expanded exponentially; 5 projects (namely Ornsirin 3, Ornsirin 4, Ornsirin 5, Ornsirin Townhome 1 and The Next Condominium 2) where our first townhouse project and condominium project were launched during these years. The company’s sales revenue started to grow steadily.
2012 The company increased the registered capital to 500 million baht, preparing for expansion of new property development projects. The total capital of the conpany and subsidiaries were at 700 million baht, where 6 new projects (Ornsirin 6, Business Center 1, Business Center 2, The Next Condominium 1 and The Next Condominium 3) were launched during this year.
2013 – 2014 Ornsirin saw big potential in luxury property market, The ASTRA Condominium (one of the biggest residential condominiums with over 60,000 sqm. of construction area in Chiangmai) was launched. Four low-rise projects were also launched; namely Business Center 4, Business Center 5, Ornsirin 11 and Ornsirin 14, which eventually pushed the toal project value to 8,600 million baht.
2015 During this year, Ornsirin has gone through series of improvements which including restructuring the management of the organization, recruiting real-estate professionals, introducing the Quality Management System (ISO 9001) into the company working system and preparing for listing in Thailand Stock Market in the future. The company mission and vision of being a leading proprty developer in Northern Thailand focusing on building a better living for home buyers and all stakeholders under a good governance were enrooted into our employee’s minds. Parenting company, Ornsirin Holding, was established for enhancing the structure for the company future expansion. Four other subsidiaries were also founded, including of North Home company (focus on high-rise condominium project), North Home property company (focus on low-rise condominium project), Ornsirin Group company (focus on commercial property) and Ornsirin Property company (focus on housing property).
2016 New commercial building of shophouse was launched. Urban Myx was our 19th project on the pipeline.
2017 On Febuary 2017, Five subsidiaries were amalgamated into “Ornsirin Property company”, which operated under “Ornsirin Holding company” in order to preparing to be listed in Thailand stock market later on.
2018 Under our vision of to be a leading property developer in Northern Thailand, Ornsirin is prepared to launch 3 more projects which are a single house project, a modern style townhouse project and resort-style condominium project.
The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure.
In Thailand non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years and most developers will offer 3 terms for a total of 90 years.
A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years.
Prior to purchasing a leasehold property it is important to secure a copy of the lease agreement or get further clarity on these three points.
#1 - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.
#2 - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)
#3 - Is there a succession clause in the lease agreement that will allow inheritance of the lease?
After you have found the right property at Belive Sansai - Maejo you have to follow these steps:
Unit selection and agreement of terms and conditions
Sales and Purchase Agreement
1st Contract Payment
Belive Sansai - Maejo is conveniently located just 600 m from 7-eleaven 7-eleven Mae Jo market, which can be reached within 7 mins. by foot.
There are many other shops situated in the area of Belive Sansai - Maejo, the 3 closest being:
- Amporn Fai Fai Shop Maejo Market Branch is 740 m away (about 9 mins. by foot)
- Waraporn is 1.2 km away (an approx. drive of 3 mins.)
- W Smile Center is 1.6 km away (an approx. drive of 3 mins.)
The surrounding area, where Belive Sansai - Maejo is situated, offers a wide variety of restaurants. See the closest of them below:
- Mummy Meal is 330 m away (a walk of about 4 mins.)
- City Food - Khun Nu's Kitchen is 430 m away (a walk of about 5 mins.)
- Urban symptoms - Khun Nu Mae Jo's kitchen is 430 m away (a walk of about 5 mins.)
Maejo Rescuers is the nearest health facility, which is 600 m away (you can walk there in 7 mins.) from the project, while the closest schools in the proximity of Belive Sansai - Maejo are:
- Noinah Tutor Crew is 590 m away (about 7 mins. by foot)
- Ban Mae Jo School is 830 m away (about 10 mins. by foot)
- Sufficiency Economy Learning Center, Mr. Sing Kham Khehang is 1.7 km away (an approx. drive of 4 mins.)
Chiang Mai International Airport is located 20.0 km from Belive Sansai - Maejo and it takes about 34 mins. by car or taxi (depending on the traffic) to get there.