Market Insights

Top Property Developers in Thailand

Considering to invest in Thailand property, and which condominium projects should we chose? Which are trusted developers? Here is a guideline of top real estate developers in Thailand. All of them are the public company listed in Thailand stock exchange.

1) Sansiri

Source: XT Phayathai

Sansiri is one of the Thailand oldest with over 35 years of experience and hundreds of projects across Thailand. It leads Sansiri to be the top -5 leading developer of quality condominiums, houses, and townhouses. For the condominium, Sansiri classifies projects in few categories as follows:

  • Entry-Level Brand: dcondo
  • Mid-Range Brands: THE BASE, HAUS, XT
  • Luxury Brands: The Monument, THE LINE
  • Notable Projects: Sari by Sansiri, 98 Wireless, Sukhumvit 77, PYNE

2) Noble Development

Source: Noble Ploenchit

Noble Development founded in 1991 with 20 projects in Thailand. In term of the project quantities, the company might be less than other developers; however, many of Noble’s condominiums located in the heart of Bangkok and very prime area such as Noble Ploenchit. The company targets a mid-to-high-end.

  • Notable Projects: Noble Ploenchit, BE 19, BE33, Revolve Ratchada 1 & 2, Nue Srinakarin

3) Singha Estate

Source: THE ESSE SINGHA COMPLEX

Singha Estate is the real estate company which commits to provide the best in class of project quality. The company has an experience to develop the residential business both high rise and low-rise projects, starting form single detached house, townhomes, home offices and condominiums. One of the Singha’s big project is SINGHA COMPLEX, a mixed-use development that creates the new definition of luxury living. The project combines a luxury condominium, a lifestyle mall and Grade A office.

  • Notable Projects: SINGHA COMPLEX, THE ESSE ASOKE, THE ESSE SUKHMUVIT 36

4) Asian Property (AP)

Source: Life Asoke

AP Thailand is the experience of top-5 developers in Thailand. The company offers a wide range of properties such as condominiums, townhouses, detached houses, and semi-detached houses. Generally, each development project of AP located near the CBD area, which easily to commute. For condominium brand under AP comprises of few main segments as follows:

  • Entry-Level Brands: Life, Aspire
  • Mid-Range Brand: Rhythm
  • Luxury Brand: The Address
  • Notable Projects: Vittorio

5) Land & Houses (LH)

Source: The Room Sukhumvit 38

Land & Houses is the property development company which very well known in Thailand as the oldest large developer founded in 1973. The company business focuses on house, townhome, and condominium in Bangkok, and other provinces such as Chiangmai, Hua Hin, Phuket.  Many of Land & Houses projects sold under the Quality Houses (QH) brand.

  • Entry-Level Brand: The Key
  • Mid-Range Brand: The Room
  • Luxury Brand: The Bangkok

6) Ananda Development

Source: Ashton Silom

Compare to other brands, Ananda development is the new real estate developer but growing fast to be one of the most respected real estate company. Ananda projects present futuristic style and modern, which match with its target – young and urban professionals. Moreover, most of the projects located in prime locations with very close distance to BTS and MTR stations. Ananda classifies the condominium into the main 3 segments as follows:

  • Mid-Range Brands: Ideo Mobi, Elio, Unio
  • Luxury Brands: Ideo Q, Ashton
  • Notable Project: Ashton Morph 38

7) SC Asset

Source: Saladang One (Silom)

SC Asset is one of the leading real estate developers by offering professional design and build quality. The condominium projects mainly located in prime areas such as Saladang and Thonglor.  

  • Mid-Range Brands: Centric, Chambers
  • Luxury Brands: The Crest
  • Notable Projects: Saladang One, 28 Chidlom, BEATNIQ

8) Origin

Source: Park Origin Thonglor

Origin Property is the brand-new company which founded in 2009. The company specializes in condominiums, detached homes, and hotels across Bangkok and EEC area. Even it’s a young brand but it is a trusted brand with many joint ventures project, e.g. Nomura Real Estate Holdings from Japan.

  • Origin Projects: Park Origin, Kensington, Knightsbridge, Nothing Hill

9) Pruksa

Source: The Reserve 61 Hideaway (Thonglor-Ekamai)

Pruksa is the Thailand largest developer in term of revenue. The company projects consist of more houses and townhomes rather than condominiums. Most of Pruksa projects focus on the entry-level, but also offers the luxury condominium brands such as The Reserve.

  • Entry-Level Brands: Fuse, plum condo
  • Mid-Range Brands: Chapter One, The Tree
  • Luxury Brands: The Reserve, Ivy, Urbano

10) Supalai

Source: Supalai City Resort Sukhumvit 107 Like Pruksa, Supalai focuses most projects on the entry to the middle segment. The company founded in 1989 with a strong reputation for local Thai people. Up to now, it delivered over a hundred projects across Thailand.  For the luxurious brand under Supalai are Elite, Premier, and Oriental.

  • Entry-Level Brands: Park, Monte, Vista
  • Mid-Range Brands: Wellington, Lite, Loft
  • Luxury Brand: Elite, Premier, Oriental

Apart from these 10 brands, Thailand also has many reputational developers such as LPN, Fragrance Group, All Inspire Development, Siamese Asset Company, Chewathai, Major Development, etc.

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