Economy
Plus Property Expands Luxury Management Portfolio in Thailand
Plus Property reports steady growth in the property management sector, focusing on luxury branded residences and integrated building services.
According to a report by Khaosod Online Thailand on July 30, 2026, Plus Property, a subsidiary of Sansiri, is expanding its footprint in the luxury real estate management market. Suwannee Mahanarongchai, Managing Director of Plus Property, stated that the company continues to see growth driven by demand from both new property developments and existing projects seeking to upgrade their management standards to remain competitive.
As part of this expansion, the company has secured the management contract for The Standard Residences in Phuket. Beyond standard facility management, Plus Property is diversifying its service ecosystem to include specialized building engineering, concierge services, and smart parking solutions. The company emphasizes that these services are designed to maintain long-term property value and enhance the living experience for residents, including catering to specific consumer trends such as pet-friendly living.
For residents and property investors, this shift highlights a growing trend toward professionalized, high-end management services in Thailand’s luxury sector, which may influence property maintenance standards and service quality in premium developments. While the company has confirmed its growth targets for the first half of the year, specific financial figures regarding the new contracts and the long-term impact of these service expansions on overall market pricing remain to be confirmed.
Translated from Thai.
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