6th April 2023

4 new residential projects to be launched in Thailand～The number of residential units in overseas exceeds 50,000 units ～Hankyu Hanshin Properties Corp. (Head office: Kita-ku Osaka, President: Morotomi Ryuichi) and the local
developer SENA development (Head office: Bangkok, CEO: Theerawat Thanyalakpark, hereinafter “SENA”) ismoving forward to develop 4 new residential projects [(tentative name) Charoen Nakorn 2 project], [(tentativename) Samrong project], [(tentative name) Bangchan project], [(tentative name) Bangpu project] in Thailand.

[(tentative name) Samrong project][(tentative name) Charoen Nakorn 2 project][(tentative name) Bangchan project][(tentative name) Bangpu project]

For illustrative purposes only1

● [(tentative name) Charoen Nakorn 2 project] is a condominium project with a total of approximately 710
units. This project is located close to the center of Bangkok and is approximately 15 minutes away by car
or motorcycle from Bangkok’s premier business district, Silom/Sathorn. In addition, the project is surroundedby commercial facilities and hospitals, which is expected to generate demand for housing for these workers.
● [(tentative name) Samrong project] is a condominium project with a total of approximately 1,450 units. This
project is located in southeast of central Bangkok and is approximately 20 minutes away by train from thenearest railway station to central Bangkok. In addition, as this project is surrounded by commercial facilities
and hospitals, the housing demand for these workers is expected.
● [(tentative name) Bangchan project] is a condominium project with a total of approximately 900 units. This
project is located in northeast of central Bangkok and is approximately a 40-minute drive by car from
central Bangkok. In addition, as this project is located near the Ban Chang Industrial Estate, the demand for
housing for these workers is expected.
● [(tentative name) Bangpu project] is a townhouse project with a total of approximately 180 units. This
project is located in southeast of central Bangkok and is approximately a 50-minute drive by car from
central Bangkok. In addition, as this project is located near the Bang Phu Industrial Estate, the demand for
housing for these workers is expected.
*Townhouse: terraced house. In Thailand, 2-3 storey is common.

Together with the 4 projects stated above, our Company’s total number of residential projects in Thailand willbe 34 (approx. 28,040 units), and the total number of overseas residential projects will be 49 (approx. 50,120units).
◆Overview of Overseas Residential Business
Our Company is currently making efforts to strengthen the real estate business in ASEAN countries. We haveresidential business in five countries: Thailand, Vietnam, Philippines, Indonesia and Malaysia.

Overseas Business Locations
Thailand
VietnamPhilippines
Indonesia
MalaysiaNumber of Projects
34 projects
6 projects
5 projects
3 projects
1 project

Number of Units
approx. 28,040 units
approx. 13,990 units
approx. 4,220 units
approx. 3,020 units
approx. 850 units

Total49 projects

approx. 50,120 units

2◆Overview of [(tentative name) Charoen Nakorn 2]【Type】

Condominium【Location】

Thon Buri, Bangkok【Site area】

6,120㎡【Completion year】

2025 (estimation)【Total units】

Approx. 710 units【Total sales】

Approx. 1.78 billion baht (approx. 6.76 billion yen) (estimation)◆Overview of [(tentative name) Samrong project]【Type】

Condominium【Location】

Mueang Samut Prakan, Samut Prakan【Site area】

14,402㎡【Completion year】

Sequentially from 2025 (estimation)【Total units】

Approx. 1,450 units【Total sales】

Approx. 2.89 billion baht (approx. 10.98 billion yen) (estimation)◆Overview of [(tentative name) Bangchan project]【Type】

Condominium【Location】

Min Buri, Bangkok【Site area】

13,459㎡【Completion year】

2026 (estimation)【Total units】

Approx. 900 units【Total sales】

Approx. 1.54 billion baht (approx. 5.85 billion yen) (estimation)◆Overview of [(tentative name) Bangpu project]【Type】

Townhouse【Location】

Mueang Samut Prakan, Samut Prakan【Site area】

38,688㎡【Completion year】

Sequentially from 2023 (estimation)【Total units】

Approx. 180 units【Total sales 】

Approx. 790 million baht (approx. 3 billion yen) (estimation)※1 baht = 3.8 yen3◆Location map●indicates our Company’s residential project (all of the projects are joint venture
project with SENA Development)© OpenStreetMap contributors (opendatacommons.org) (partially edited)※Newly engaged projects are highlighted in orange.
4◆Hankyu Hanshin Properties Corp. Outline【Company Name】

Hankyu Hanshin Properties Corp.

【Head Office】

Hankyu Terminal Building, 1-1-4 Shibata, Kita-ku, Osaka【Representative】

Morotomi Ryuichi【Paid-in Capital】

12.4 billion yen【Revenue】【Lines of Business】

122.3 billion yen (as of March 2022)
Leasing of office and commercial facilities, real estate development, areamanagement, real estate funds, sales of condominiums・landed properties・
residential land plots, brokerage, refurbishment, rental management, land useoptimization and others【Number of Employees】

Approx. 870 (as of Feb 2023)◆SENA Development Outline【Company Name】

SENA Development Public Company Limited【Head Office】

448 Ratchadapisek Road,Samsen-nok,Huaykhwang,Bangkok,10310【Representative】

Theerawat Thanyalakpark【Paid-in Capital】

Approx. 1,442 million baht (approx. 5.5 billion yen)

【Revenue】

Approx. 4,192 million baht (approx. 15.9 billion yen) (as of Dec 2022)【Lines of Business】

Sales of condominium・landed house・townhouse, development and leasing ofcommercial facilities and office building, operation of solar energy
business事【Number of Employees】

Approx. 1,219 (as of Dec 2022)*News Releases written in Japanese are treated as official releases.

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