Culmination of the 2025 PropertyGuru Asia Property Awards series distinguishes the best in asia with over 90 Marks of Excellence

The 20th edition of the PropertyGuru Asia Property Awards series has culminated in spectacular style at its Grand Final, distinguishing sublime real estate achievements across the region.

After a landmark journey through 13 property markets, the 2025 PropertyGuru Asia Property Awards Grand Final set apart Asia’s outstanding developers, developments, and designs in ceremonies today at The Athenee Hotel, a Luxury Collection Hotel, Bangkok.

Commemorating 20 years of recognising achievements in real estate, the PropertyGuru Asia Property Awards Grand Final featured over 90 categories celebrating the “Best in Asia,” in line with PropertyGuru’s vision of powering communities to live, work, and thrive in tomorrow’s cities. Finalists were chosen from the PropertyGuru Asia Property Awards’ series of galas and events across the region.

Henderson Land Development Company Limited from Hong Kong brought home the prestigious golden statuette of Best Developer (Asia). The Legacy – 8 Castle Road, Mid Levels, Henderson Land Development Company Limited’s ultra-luxurious joint venture with leading developer New World Development Company Limited, achieved a double victory in the development and design categories.

One Central Macau Revamp by Properties Sub F, Limited, a joint venture of Hongkong Land Group and Shun Tak Development Limited, also won and represented the Chinese special administrative regions. Design innovation from Mainland China was prominently recognised this year, with wins for top design practices Benoy, CAN Design, J&A Design, and Lead8.

With a total of 17 Best in Asia titles, Malaysia was the top-performing country at the 2025 PropertyGuru Asia Property Awards Grand Final. JLand Group emerged victorious as Best Industrial Developer (Asia), winning for its township development Bandar Dato’ Onn. MTD Properties and Faire Development were named Best Affordable Residential Developer (Asia) and Best Breakthrough Developer (Asia), respectively.

Malaysia’s honours were spread across diverse developments emphasising connectivity, sustainability, multi-generational flexibility, and premium living experiences. Other winning companies included Armani Group; Astaka Kimlun Sdn Bhd; City Motors Group; Exal (Malaysia) Sdn Bhd; Gunung Impian Development Sdn Bhd; IIB Land Sdn. Bhd.; Malton Berhad; Perbadanan Kemajuan Negeri Selangor (PKNS); Platinum Victory; R&F Development Sdn Bhd; Sime Darby Property; and TRX City Sdn Bhd.

Indonesia followed closely with 15 wins for developers across the archipelago. Winners demonstrated their prowess in building live-work-play communities, with Paramount Land named Best Township Developer (Asia) and Sinar Mas Land winning for the townships BSD City and Grand Wisata. Sinar Mas Land also scored a joint win with Hongkong Land for Botanic Villa at NavaPark.

PT. Putragaya Wahana, hailed Best Commercial Developer (Asia), earned multiple wins for the superblock Thamrin Nine, home to Indonesia’s tallest buildings. Winning projects by Mandiri Land, Masgroup, Summarecon Group, and Triniti Land set high benchmarks for affordable, mid-end, high-end, and eco-conscious living, as well as hospitality.

With 14 wins, developers from Vietnam rose as another formidable force at the Grand Final, led by CapitaLand Development (Vietnam), winner of Best Sustainable Developer (Asia) and multiple honours for the projects Orchard Grand, Orchard Mansion, The Fullton, and The Orchard. Gamuda Land Vietnam won Best Community Developer (Asia), reinforced by projects such as Central Park and Springville. Nomura Real Estate Vietnam, awarded Best International Partner Developer (Asia), was additionally recognised for The Komorebi. Projects from Ecopark Founder and KD Investment Joint Stock Company rounded out the elite winners from Vietnam.

Singapore developers received 11 wins, including Best Residential Developer (Asia) for UOL Group Limited. Parktown Residence, a venture of CapitaLand Development, UOL Group Limited, and Singapore Land Group Limited, scored three wins while Upperhouse at Orchard Boulevard delivered a joint win for UOL Group Limited and Singapore Land Group Limited. IOI Properties Singapore meanwhile achieved three wins across the projects IOI Central Boulevard Towers and W Residences Marina View. Honours for Allgreen Properties and The Assembly Place further underscored real estate excellence in the city-state.

Developers across the Philippines won 10 Best in Asia titles. Robinsons Land received four titles, including the Best Luxury Developer (Asia) award and wins for The Mall | NUSTAR; The Victor at Bridgetowne; and work.able GBF Center 1. Robinsons Hotels and Resorts was named Best Hospitality Developer (Asia) while RLC Residences, a Robinsons Land subsidiary, won for Sync and The Residences at The Westin Manila. Winning developments from Aboitiz Economic Estates, Aboitiz Land, Inc., and FIESTA Communities Incorporated showcased the Philippines’ impressive progress in industrial development and housing connectivity.

Thailand developers earned seven Best in Asia wins, led by Reignwood Group, winner of Best Luxury Mega Township Development (Asia) for Reignwood Park. Thailand’s wins underlined development innovations and architectural excellence throughout the kingdom, exemplified by luxurious homes and coastal residences by AP (Thailand) Public Company Limited, Pruksa Real Estate Public Company Limited, Triya, and Tropical Life Real Estate Co., Ltd. Solidifying Thailand’s stature as a premier retail destination, Lead8 was honoured for its design on Parade at One Bangkok.

Supaluck Umpujh, chairwoman of The Mall Group, received the PropertyGuru Icon Award from the editorial team of Property Report by PropertyGuru. The 2017 Thailand Real Estate Personality of the Year returned to the PropertyGuru Asia Property Awards in recognition of her recent iconic achievements in mixed-use and retail development, including the award-winning EM District in Bangkok.

Eterno Property Group represented Australia’s enduring cross-border appeal to property seekers with wins for its projects Munro House and The Newlands. Eve Residences by Homecorp was recognised for its impressive views along the Australian coast.

From Japan, JY Suites Tsutenkaku by Jean Yip Developments won the Best Affordable Condo Development (Asia) award while Four Seasons Hotel Osaka by Curiosity won Best Hospitality Interior Design (Asia).

Representing Sri Lanka, Home Lands Group of Companies was named Best Lifestyle Developer (Asia) while Pentara Model Apartment by Urbanspace Interiors Pvt Ltd. won Best Condo Interior Design (Asia).

From the Middle East, The Chedi Private Residences, Sheikh Zayed Road, Dubai, United Arab Emirates by Chedi Hospitality won Best Branded Residential Development (Asia).

Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “We conclude the landmark 20th edition of the PropertyGuru Asia Property Awards series on a highly positive note, echoing industry resilience in over 600 awards across 13 distinct real estate markets that continue to overcome headwinds and capitalise on strategic opportunities in the current cycle. This year’s Best in Asia winners showcase record-setting skyscrapers, large-scale townships, transit-oriented developments, premium and affordable homes, flexible spaces, and urban landmarks, designed with ambition for long-term value and guided by environmental and social considerations. We look forward to the new standards of sustainable development that developers in Asia will deliver over the next 20 years.”

Thien Duong, chairperson of the Grand Final jury and general director, GroupGSA (Vietnam), said: “The distinguished winners of the 20th PropertyGuru Asia Property Awards Grand Final have expertly answered the regional demand for experiential living, wellness integration, and future-proofed design. From integrated live-work-play communities to ultra-luxurious addresses and immersive sales galleries, the collective momentum is toward more sustainable, people-centric, and technologically adaptive projects. Our awardees demonstrate that exceptional master-planning, architecture, interior design, and landscaping can be achieved at any scale, ultimately driving tenant retention, buyer attraction, and the creation of civic assets that enrich the urban fabric. Congratulations to the Best in Asia.”

The winners were selected by a jury comprising the head judges of participating markets in the Awards: Thien Duong; Ajai A Kapoor, CEO, 360 degrees – Real Estate Services (India); Cyndy Tan Jarabata, president of TAJARA Leisure & Hospitality Group Inc. (Philippines); Doddy A. Tjahjadi, managing director, PTI Architects (Indonesia); Eddie Guillemette, CEO, Midori no Ki (Japan); Datuk Ar. Ezumi Harzani Ismail, president, Malaysian Institute of Architects: 2020-2022 (Malaysia); Ivan Lam​, executive director, international business, Charter Keck Cramer (Australia); Ken Ip, chairman, Asia MarTech Society (Mainland China); Dr. Nirmal De Silva, director and CEO, Paramount Realty (Sri Lanka); Paul Tse, president, Macao Association of Building Contractors and Developers (Hong Kong and Macau); Roy Ling, CEO, board director, and adjunct professor, FollowTrade (Singapore); and Suphin Mechuchep, strategic real estate advisor (Thailand).

HLB, the global network of independent professional accounting firms and business advisers, upheld the integrity of the awards. Paul Ashburn of HLB International Real Estate Group and Sakanphon Fueangwong of HLB Thailand oversaw the selection process.

The PropertyGuru Asia Property Awards Grand Final is supported by platinum sponsor Sub-Zero & Wolf SEA; official portal partner PropertyGuru; official magazine Property Report by PropertyGuru; media partners Bridges, BusinessWorld, d+a Magazine, Detik.com, Hot Magazine, Inquirer Property, Kompas.com, Kopi and Property, Luxury Society of Asia, Manila Bulletin, Niaga Times, Penang Property Talk, Prop2morrow, REm Thailand, SquareRooms, Tatler Asia Homes, TerraBKK, The Grid, The Malaysia Voice, The Philippine Star, and Top10 of Asia; official courier EZY Express; and official supervisor HLB.

For more information, email awards@propertyguru.com or visit the official website: AsiaPropertyAwards.com.

COMPLETE LIST OF WINNERS

20th PropertyGuru Asia Property Awards Grand Final

DEVELOPER AWARDS

Best Developer (Asia)

• Henderson Land Development Company Limited – China – Hong Kong and Macau (WINNER)
• Eterno Property Group – Australia
• Home Lands Group of Companies – Sri Lanka
• Jean Yip Developments – Japan
• JLand Group – Malaysia
• Robinsons Land – Philippines
• Summarecon Group – Indonesia

Best Township Developer (Asia)

• Paramount Land – Indonesia (WINNER)
• Phu Long Real Estate Corporation – Vietnam

Best Luxury Developer (Asia)

• Robinsons Land – Philippines (WINNER)
• Allgreen Properties Limited – Singapore
• Skyland Group – Australia

Best Commercial Developer (Asia)

• PT. Putragaya Wahana – Indonesia (WINNER)
• Robinsons Offices – Philippines

Best Industrial Developer (Asia)

• JLand Group – Malaysia (WINNER)
• Aboitiz Economic Estates – Philippines

Best Hospitality Developer (Asia)

• Robinsons Hotels and Resorts – Philippines (WINNER)

Best Lifestyle Developer (Asia)

• Home Lands Group of Companies – Sri Lanka (WINNER)
• Jean Yip Developments – Japan

Best Sustainable Developer (Asia)

• CapitaLand Development (Vietnam) – Vietnam (WINNER)
• Berinda Group – Malaysia
• Robinsons Land – Philippines
• UOL Group Limited – Singapore

Best Residential Developer (Asia)

• UOL Group Limited – Singapore (WINNER)

Best Affordable Residential Developer (Asia)

• MTD Properties – Malaysia (WINNER)
• FIESTA Communities Incorporated – Philippines
• Kim Oanh Land – Vietnam

Best Community Developer (Asia)

• Gamuda Land Vietnam – Vietnam (WINNER)

Best Breakthrough Developer (Asia)

• Faire Development – Malaysia (WINNER)
• Apex Asia Development Pte. Ltd. – Singapore

Best International Partner Developer (Asia)

• Nomura Real Estate Vietnam – Vietnam (WINNER)

DEVELOPMENT AWARDS

Best Mega Township Development (Asia)

• BSD City by Sinar Mas Land – Indonesia (WINNER)
• Kota Baru Parahyangan by PT Belaputera Intiland – Indonesia

Best Luxury Mega Township Development (Asia)

• Reignwood Park by Reignwood Group – Thailand (WINNER)

Best Township Development (Asia)

• Bandar Dato’ Onn by JLand Group – Malaysia (WINNER)
• One Era by Hoa Lan Township JVC – Vietnam
• Summarecon Bandung by Summarecon Group – Indonesia
• Summarecon Serpong by Summarecon Group – Indonesia

Best Mixed Use Development (Asia)

• Tun Razak Exchange by TRX City Sdn Bhd – Malaysia (WINNER)
• Avia Estate by Alsons Development and Investment Corporation – Philippines
• Highwood – 70 To Kwa Wan Road by Henderson Land Development Company Limited – China – Hong Kong and Macau
• Parktown Residence by CapitaLand Development, UOL Group Limited, & Singapore Land Group Limited – Singapore

Best Completed Mixed Use Development (Asia)

• Thamrin Nine by PT. Putragaya Wahana – Indonesia (WINNER)

Best Industrial Development (Asia)

• LIMA Estate by Aboitiz Economic Estates – Philippines (WINNER)
• Industropolis Batang SEZ by PT Kawasan Industri Terpadu Batang – Indonesia

Best Lifestyle Commercial Development (Asia)

• Agora at Thamrin Nine by PT. Putragaya Wahana – Indonesia (WINNER)
• Odeon by UOL Group Limited – Singapore

Best Green Commercial Development (Asia)

• One Central Macau Revamp by Properties Sub F, Limited (Joint Venture of Hongkong Land Group & Shun Tak Development Limited) – China – Hong Kong and Macau  (WINNER)
• GBF Centers 1 & 2 by Robinsons Offices – Philippines

Best Eco Friendly Commercial Development (Asia)

• Teras Lakon at Summarecon Serpong by Summarecon Group – Indonesia (WINNER)

Best Office Development (Asia)

• IOI Central Boulevard Towers by IOI Properties Singapore – Singapore (WINNER)
• Luminary Tower at Thamrin Nine by PT. Putragaya Wahana – Indonesia
• Yokohama Symphostage by Obayashi Corporation – Japan

Best Retail Development (Asia)

• JLC by CAN Design – Mainland China (WINNER)
• Jakarta Premium Outlets by Genting Simon Group – Indonesia

Best Lifestyle Retail Development (Asia)

• The Mall | NUSTAR by Robinsons Land – Philippines (WINNER)

Best Hospitality Development (Asia)

• Holiday Inn Resort Bintan Lagoi Beach by Mandiri Land – Indonesia (WINNER)

Best City Hotel Development (Asia)

• Holiday Inn KL Bangsar by City Motors Group – Malaysia (WINNER)
• Fili Hotel Bridgetowne by Robinsons Hotels and Resorts – Philippines
• Social on Outram by The Assembly Place – Singapore

Best Ultra Luxury Condo Development (Asia)

• Armani Hallson KLCC by Armani Group – Malaysia (WINNER)
• W Residences Marina View – Singapore by IOI Properties Singapore – Singapore

Best Luxury Condo Development (Asia)

• Upperhouse at Orchard Boulevard by UOL Group Limited & Singapore Land Group Limited – Singapore (WINNER)
• Pentara Residencies – Thummulla Handiya “The Address in Colombo” by Home Lands Group of Companies – Sri Lanka

Best Condo Development (Asia)

• Parktown Residence by CapitaLand Development, UOL Group Limited, & Singapore Land Group Limited – Singapore (WINNER)
• 33-47A Elgin Street by Henderson Land Development Company Limited – China – Hong Kong and Macau

Best Completed Ultra Luxury Condo Development (Asia)

• The Legacy – 8 Castle Road, Mid Levels by Henderson Land Development Company Limited & New World Development Company Limited – China – Hong Kong and Macau (WINNER)

Best Completed Luxury Condo Development (Asia)

• The Residences at The Westin Manila by RLC Residences – Philippines (WINNER)

Best Completed Condo Development (Asia)

• Munro House by Eterno Property Group – Australia (WINNER)
• Santorini Resort Apartments & Residencies, Negombo by Home Lands Group of Companies – Sri Lanka

Best Waterfront Condo Development (Asia)

• Central Park by Gamuda Land Vietnam – Vietnam (WINNER)
• Bayfonte Marina Resort Apartments & Villas, Negombo by Home Lands Group of Companies – Sri Lanka
• Chapter Charoenkrung Riverside by Pruksa Real Estate Public Company Limited – Thailand
• Wanda View by 16MC Developments – Australia

Best Lifestyle Condo Development (Asia)

• W Residences Marina View – Singapore by IOI Properties Singapore – Singapore (WINNER)
• The Zenith by Xiangyuan Property Development Limited – China – Hong Kong and Macau

Best Mid End Condo Development (Asia)

• Sync by RLC Residences – Philippines (WINNER)

Best High End Condo Development (Asia)

• Orchard Grand by CapitaLand Development (Vietnam) – Vietnam (WINNER)

Best Connectivity Condo Development (Asia)

• Linkar 52 by Perbadanan Kemajuan Negeri Selangor (PKNS) – Malaysia (WINNER)

Best Luxury Lifestyle Condo Development (Asia)

• Arden Serviced Residence by Astaka Kimlun Sdn Bhd – Malaysia (WINNER)

Best Oceanview Condo Development (Asia)

• Eve Residences by Homecorp – Australia (WINNER)

Best Affordable Condo Development (Asia)

• JY Suites Tsutenkaku by Jean Yip Developments – Japan (WINNER)

Best Investment Condo Development (Asia)

• R&F Princess Cove Phase 2 – Seine Region by R&F Development Sdn Bhd – Malaysia (WINNER)

Best Multigeneration Living Condo Development (Asia)

• PV22 Residences by Platinum Victory – Malaysia (WINNER)

Best Ultra Luxury Housing / Landed Development (Asia)

• Botanic Villa at NavaPark by PT. Bumi Parama Wisesa (Hongkong Land & Sinar Mas Land) – Indonesia (WINNER)

Best Luxury Housing / Landed Development (Asia)

• The Fullton by CapitaLand Development (Vietnam) – Vietnam (WINNER)
• Ardea at Summarecon Serpong by Summarecon Group – Indonesia
• Matera Signature by Paramount Land – Indonesia
• Sango Project by Sango Construction Co., Ltd. – Japan

Best Housing / Landed Development (Asia)

• Orchard Mansion by CapitaLand Development (Vietnam) – Vietnam (WINNER)
• Narra Park Residences Avia by Alsons Development and Investment Corporation – Philippines
• Springleaf Collection by The Assembly Place – Singapore
• University Road Developments by Jean Yip Developments – Singapore

Best Affordable Housing / Landed Development (Asia)

• Areum Parc Bogor by Masgroup – Indonesia (WINNER)
• Sunnyhomes by SMDC Symphony Homes – Philippines

Best Waterfront Housing / Landed Development (Asia)

• Seafront Residences by Aboitiz Land, Inc. – Philippines (WINNER)

Best High End Housing / Landed Development (Asia)

• Bukit Impian Residence by Gunung Impian Development Sdn Bhd – Malaysia (WINNER)

Best Mid End Housing / Landed Development (Asia)

• Vanica Residence at Summarecon Crown Gading by Summarecon Group – Indonesia (WINNER)
• baé by Faire Development – Malaysia

Best Luxury Lifestyle Housing / Landed Development (Asia)

• The Palazzo Pinklao – Borom by AP (Thailand) Public Company Limited – Thailand (WINNER)

Best Lifestyle Housing / Landed Development (Asia)

• European Island, Eco Central Park by Ecopark Founder – Vietnam (WINNER)
• Giva at The Kaia by Sinar Mas Land – Indonesia
• Ponderosa Vista by Berinda Group – Malaysia

Best Completed Housing / Landed Development (Asia)

• The Orchard by CapitaLand Development (Vietnam) – Vietnam (WINNER)

Best Eco Friendly Housing Development (Asia)

• Elmina Ridge 1 by Sime Darby Property – Malaysia (WINNER)

Best Oceanview Housing / Landed Development (Asia)

• Nathee/Thawee by Tropical Life Residence by Tropical Life Real Estate Co., Ltd. – Thailand (WINNER)

Best Multigeneration Living Housing / Landed Development (Asia)

• SÓL Estate Prime by Exal (Malaysia) Sdn Bhd – Malaysia (WINNER)

Best Connectivity Housing / Landed Development (Asia)

• FIESTA Communities Aguso by FIESTA Communities Incorporated – Philippines (WINNER)

Best Townhouse Development (Asia)

• Springville by Gamuda Land Vietnam – Vietnam (WINNER)
• Aludra Residensi by Perbadanan Kemajuan Negeri Selangor (PKNS) – Malaysia

Best Branded Residential Development (Asia)

• The Chedi Private Residences, Sheikh Zayed Road, Dubai, United Arab Emirates by Chedi Hospitality – Middle East (WINNER)

Best Wellness Residential Development (Asia)

• The Komorebi by Nomura Real Estate Vietnam – Vietnam (WINNER)

Best Nature Integrated Development (Asia)

• The Newlands by Eterno Property Group – Australia (WINNER)
• The Hood at Summarecon Serpong by Summarecon Group – Indonesia

Best Serviced Apartment Development (Asia)

• Park Green Pavilion Bukit Jalil by Malton Berhad – Malaysia (WINNER)

DESIGN AWARDS

Best Township Masterplan Design (Asia)

• Grand Wisata by Sinar Mas Land – Indonesia (WINNER)
• Taman Impian Emas by Gunung Impian Development Sdn Bhd – Malaysia

Best Mixed Use Architectural Design (Asia)

• Nanjing Alibaba Center by Benoy – Mainland China (WINNER)
• Menara Jakarta by ASRI – ( subsidiary of ASG ) Agung Sedayu Group – Indonesia

Best Office Architectural Design (Asia)

• IOI Central Boulevard Towers by IOI Properties Singapore – Singapore (WINNER)
• GBF Center 2 by Robinsons Offices – Philippines

Best Retail Architectural Design (Asia)

• Shanghai Qianwan Incity MEGA by Lead8 – Mainland China (WINNER)
• K Mall at Menara Jakarta by ASRI – ( subsidiary of ASG ) Agung Sedayu Group – Indonesia
• Kato Knife Gallery and Workshop by BAUM Ltd. – Japan
• Parade at One Bangkok by Lead8 – Thailand
• SKP Wuhan by Sybarite Architects – Mainland China
• The Mall | NUSTAR by Robinsons Land – Philippines

Best Hospitality Architectural Design (Asia)

• Hotel Indigo Bintan Lagoi Beach by Mandiri Land – Indonesia (WINNER)
• ILUVIO Resort Motobu by K2-Design Architect & Associates Co., Ltd. – Japan

Best Luxury Condo Architectural Design (Asia)

• Promenade Peak by Allgreen Properties Limited – Singapore (WINNER)

Best Condo Architectural Design (Asia)

• Parktown Residence by CapitaLand Development, UOL Group Limited, & Singapore Land Group Limited – Singapore (WINNER)

Best Ultra Luxury Housing / Landed Architectural Design (Asia)

• Triya Panwa by The Element by Triya – Thailand (WINNER)

Best Luxury Housing / Landed Architectural Design (Asia)

• The Reserve Villas Sukhumvit 89/1 by Pruksa Real Estate Public Company Limited – Thailand (WINNER)
• Xandari at Summarecon Bandung by Summarecon Group – Indonesia

Best Housing / Landed Architectural Design (Asia)

• La Tiên Villa Subdivision – Libera Nha Trang by KD Investment Joint Stock Company – Vietnam (WINNER)
• The City Ratchapruek – Phrannok by AP (Thailand) Public Company Limited – Thailand

Best High End Housing / Landed Architectural Design (Asia)

• Sequoia Hills – Cluster Harvest Ville by Triniti Land – Indonesia (WINNER)

Best Affordable Housing / Landed Architectural Design (Asia)

• Areum Parc Bogor by Masgroup – Indonesia (WINNER)

Best Townhouse Architectural Design (Asia)

• Wawari West Park Homes by IIB Land Sdn. Bhd. – Malaysia (WINNER)

Best Sales Gallery Architectural Design (Asia)

• Galeria SA Sentral by Perbadanan Kemajuan Negeri Selangor (PKNS) – Malaysia (WINNER)
• Summarecon Bogor by Summarecon Group – Indonesia
• W Residences Marina View – Singapore by IOI Properties Singapore – Singapore

Best Retail Interior Design  (Asia)

• Parade at One Bangkok by Lead8 – Thailand (WINNER)
• Kato Knife Gallery and Workshop by BAUM Ltd. – Japan
• Living World Kota Wisata Cibubur by PT Sahabat Kota Wisata (JV between Kawan Lama Group & Sinar Mas Land) – Indonesia
• Nanjing Jinling Place by Lead8 – Mainland China
• The Mall | NUSTAR by Robinsons Land – Philippines

Best Office Interior Design (Asia)

• Shanghai Midea Global Innovation Park by J&A Design – Mainland China (WINNER)
• GBF Center 2 by Robinsons Offices – Philippines

Best Hospitality Interior Design  (Asia)

• Four Seasons Hotel Osaka by Curiosity – Japan (WINNER)
• 25hours Hotel The Oddbird Jakarta by ASRI – ( subsidiary of ASG ) Agung Sedayu Group – Indonesia
• ILUVIO Resort Motobu by K2-Design Architect & Associates Co., Ltd. – Japan
• W Singapore – Marina View by IOI Properties Singapore – Singapore

Best Ultra Luxury Condo Interior Design (Asia)

• The Legacy – 8 Castle Road, Mid Levels by Henderson Land Development Company Limited & New World Development Company Limited – China – Hong Kong and Macau (WINNER)
• W Residences Marina View – Singapore by IOI Properties Singapore – Singapore

Best Luxury Condo Interior Design (Asia)

• Upperhouse at Orchard Boulevard by UOL Group Limited & Singapore Land Group Limited – Singapore (WINNER)

Best Condo Interior Design (Asia)

• Pentara Model Apartment by Urbanspace Interiors Pvt Ltd. – Sri Lanka (WINNER)

Best Housing / Landed Interior Design (Asia)

• Beon Kaset – Nawamin by AP (Thailand) Public Company Limited – Thailand (WINNER)
• Royale Residence by DM Projects Group – Indonesia

Best Commercial Landscape Design (Asia)

• Hotel Indigo Bintan Lagoi Beach by Mandiri Land – Indonesia (WINNER)

Best Condo Landscape Design (Asia)

• Parktown Residence by CapitaLand Development, UOL Group Limited, & Singapore Land Group Limited – Singapore (WINNER)

Best Housing / Landed Landscape Design (Asia)

• The Fullton by CapitaLand Development (Vietnam) – Vietnam (WINNER)
• Centro Sathorn – Suksawat by AP (Thailand) Public Company Limited – Thailand

Best Townhouse Landscape Design (Asia)

• Springville by Gamuda Land Vietnam – Vietnam (WINNER)
• Wawari West Park Homes by IIB Land Sdn. Bhd. – Malaysia

Best Landmark Design (Asia)

• The Victor at Bridgetowne by Robinsons Land – Philippines (WINNER)

Best Co Working Space (Asia)

• work.able GBF Center 1 by Robinsons Land – Philippines (WINNER)

Best Co Living Space (Asia)   

• Serene Living, managed by The Assembly Place – Singapore (WINNER)

INDIVIDUAL AWARD

PropertyGuru Icon Award

• Supaluck Umpujh, Chairwoman, The Mall Group (WINNER)

Thailand’s real estate trailblazers are laying the groundwork for how we’ll live, work, and thrive in the years ahead

The days of a home being just a place to crash are over. Today, Thai developers are rethinking what it means to build a home, focusing on what people truly want: lifestyle-centric spaces where they can work, recharge, and connect, all within self-contained environments.

This shift isn’t limited to residential projects. Some of the most influential contributions to Thailand’s evolving real estate landscape are also happening in the commercial and hospitality sectors, led by developers who were recognised at the PropertyGuru Thailand Property Awards 2025. Through bold ideas and thoughtful innovation across residential, commercial, and hospitality sectors, they offer a glimpse into what the future of living could look like.

Greener homes, smarter choices

Eco-awareness is no longer niche, especially among Gen Z Thai consumers. Today’s homebuyers care about what their homes are made of, how efficiently they run, and whether the air inside is as clean as the air outside. Post-pandemic, the push for healthier spaces hasn’t slowed. If anything, it’s picking up speed.

Thailand’s more progressive developers are responding in kind, putting sustainability at the core of how they build.

One of them is Khun Supachoke Panchasarp, CEO of Asset Five Group Public Company Limited (Rising Star). Under his leadership, ESG is not merely an afterthought but a critical part of the company’s DNA. Asset Five’s guiding vision, “A Better Planet for Sustainable Living,” includes bold targets: achieving carbon neutrality by 2050 and sourcing 80% of all building materials sustainably by 2030.

The signs are promising as to whether Thailand can sustain this momentum. Consumers are more willing than ever to pay a premium for green homes and expect developers to walk the talk. With pioneers like Asset Five setting the pace — and more buyers demanding homes that align with their values — it’s safe to say the future is looking cleaner, greener, and far more intentional.

Tech-powered comfort, from Chiang Mai to coastal retreats

Smart homes were once considered the domain of tech enthusiasts. Today, smart tech integration is fast becoming a must-have for anyone keen to future-proof their space. Increasingly, buyers — even those who aren’t particularly tech-savvy — are factoring in features such as automation, energy-efficient systems, and integrated security when making property decisions.

Globally, the smart home market is projected to exceed USD 633 billion by 2032, according to Fortune Business Insights. That’s thanks in part to rising demand for seamless digital experiences and sustainable living. In Thailand, developers are making sure their properties don’t fall behind.

Chiang Mai, for example, offers more than just a scenic alternative to Bangkok’s fast pace. It’s a city where laid-back living meets digital convenience. Projects like Thera Thamm: Wang Tan (Winner, Best Housing Development – Chiang Mai) by Thera Asset make this intersection clear. The development is composed of only 49 homes, but it’s packed with modern perks: a peaceful, well-connected community that’s minutes away from schools, hospitals, and the airport, and yes, smart home integrations that make everyday living easier.

A few well-known developers, such as Proud Real Estate (People’s Choice Award), are putting real tech into their residences. For instance, its VI Ari project features smart home systems that boost comfort for residents. Even Major Development (People’s Choice Award) is experimenting with tech-driven amenities, such as the high-end golf simulator in its Marque Sukhumvit project. While not every development is fully smart, moves like these suggest that many developers are heading towards a more tech-focused approach to modern living.

The city as your living room

Whether it’s for everyday errands or weekend strolls, retail and lifestyle spaces continue to shape how communities connect. That’s why many developers are reimagining retail hubs not just as commercial zones, but as vibrant extensions of home life.

Few have done this more impactfully than Chadatip Chutrakul, CEO of Siam Piwat Group (Real Estate Personality of the Year). Under her leadership, the company has introduced landmark destinations such as ICONSIAM, Siam Paragon, and Siam Premium Outlets. These projects combine retail, culture, art, and entertainment into fully realised lifestyle districts. They are places where the line between commerce and community blurs, creating spaces that show how people actually move about in the city.

Asset World Corporation (Winner, Best Hospitality Developer) has also helped redefine what urban life can look like. Its recent projects — from Phenix, a dining destination spotlighting Thailand’s culinary scene, to EA Rooftop, a skyline F&B hub atop The Empire — are all designed with a sense of place, purpose, and experience. Even its Okura Cruise, a floating Kaiseki and teppanyaki restaurant, demonstrates how far lifestyle design has come. What ties them all together is bold architecture, luxurious features, and the idea that city living should mean enjoying everything it has to offer.

Aesthetics can elevate the everyday

Condo living has long appealed to those seeking convenience, security, and location. This explains why today’s most desirable condominiums are turning into self-sustaining living environments where stunning architecture, interiors, and shared spaces all contribute to a heightened lifestyle experience. 

Aesthetics in this context aren’t just surface-level. Good design can evoke calm, spark joy, and shape a home that aligns with how residents want to feel every day.

The Riviera Group (Winner, Best Developer – Eastern Seaboard) is one developer dialed into this mindset. Its project, The Riviera Monaco, is as much a statement of lifestyle as it is of design. Black-and-white interiors balance vintage textures with sleek materials, while the architectural details, including an 8-metre cantilevered pool, inject dramatic vertical flair. Facilities are equally considered, from lush sky gardens to water play areas.

The same philosophy when it comes to aesthetics can be found in the world of hospitality. Sukosol Hotels, led by Khun Kamala Sukosol (Life Achievement Award), has long championed the idea that aesthetics and atmosphere are just as important as comfort and excellent service. With properties such as Siam Bayshore Resort and Wave in Pattaya, the brand combines Thai heritage, eclectic design, and a personal touch.

Today’s most exciting residential and retail spaces are built to anticipate how we want to live, work, and shop in a changing world

Living in a home that’s smart, stylish, and sustainable may once have sounded like wishful thinking, but in Thailand, it’s definitely within reach.

As buyer preferences evolve, developers are meeting the moment with projects that combine design, innovation, and purpose. Mixed-use developments double as cultural hubs, residential communities come with high-concept architecture and interiors, and green-certified spaces are being designed with both the planet and the resident in mind.

A good starting point for what’s possible in today’s market is the PropertyGuru Thailand Property Awards 2025. The winners may be up-and-coming, but together they offer a clear picture of where Thai real estate is heading, and what the next generation of living and retail spaces should look like.

Design that thinks ahead

Many smart homes today are more than a showcase of tech capabilities. Rather, they’re carefully designed residences where every detail supports how people actually live. One such example is Land and Houses’ VIVE New Krungthep Kreetha (Winner, Best Luxury Lifestyle Housing Architectural Design – Bangkok). This three-storey development comprises just 73 detached homes, each equipped with smart home automation, digital door locks, and surveillance systems. Private lifts come standard, offering everyday convenience with a luxurious touch. Every feature creates a sense of cohesion that feels tailored rather than mass-produced.

And while every family’s preferences differ, many share similar needs, such as maximising space, future-proofing, and supporting multigenerational living. AP (Thailand) PCL’s THE CITY Ratchapruek – Phrannok (Winner, Best Housing Architectural Design – Bangkok) takes this into account. Inspired by Modern Tudor architecture, the project includes ground-floor bedrooms with en-suites, ideal for aging parents or live-in guests. The homes are also equipped with home automation systems, EV chargers, air filtration, and solar-ready infrastructure.

These homes capture what modern buyers want today, with technical systems and design touches that will stand the test of time.

Luxury that looks good and lives better

For discerning homeowners and ultra-luxury buyers, elegance alone no longer cuts it. Although there’s no denying that a striking spiral staircase or a layout designed around nature are impressive, for many people, style becomes even more valuable when it serves how they live.

AP (Thailand)’s BEON Kaset – Nawamin (Winner, Best Luxury Housing Interior Design – Bangkok) development is a good example. Designed by architecture firm Atforty, the project blends fluid curves with clean lines, warm tones with cool materials. But it’s the lived-in details that elevate the interiors: a sweeping spiral staircase, floating mezzanine lofts, and integrated banquette seating. These features combine architectural drama with comfort and utility. In addition, shared spaces such as the family room, lounge, and fitness area are treated as integral extensions of the home, not afterthoughts.

PHYLL PHUKET II by Central Pattana (Winner, Best Condo Architectural Design – Phuket) takes opulent design cues from its coastal backdrop. Inspired by the natural topography of Phuket’s surrounding islands, the condo buildings are arranged around a central garden and pool, with common areas positioned to echo island clusters. Architectural curves soften the buildings’ silhouettes, while corner units are designed to make the most of views with a stylish touch that enhances the living experience: curved glass panels.

Some projects achieve elegance through restraint. AP (Thailand’s CENTRO Sathorn – Suksawat (Winner, Best Housing Landscape Design – Bangkok), the landscape draws from the Japanese chaniwa or tea garden tradition. Instead of flashy elements, the development is all about simplicity and calm, characterised by sculptural trees, thoughtfully placed stepping stones, and curated planting palettes that encourage a slower, more mindful interaction with the space. 

These developments — either through bold architectural statements or quiet sophistication — show that true style should always be backed by substance.

Design that nurtures the planet and the people who live on it

Style may be visible in the finer details, but sustainability often works behind the scenes. While eco-friendly details such as green rooftops or solar panels are easy to spot, others are embedded into a project’s materials, construction methods, and even the lives of those who help build them.

Frasers Property (Thailand) Public Company Limited, this year’s Best Developer awardee, exemplifies this deeper commitment. For instance, the company reports a 10.5% improvement in key quality-of-life indicators for workers living in its construction camps, an often-overlooked aspect of social sustainability. That same care can be seen in developments like THE GRAND Riverfront Ratchapruek – Rama 5 (Winner, Best Green Residences), where homes are designed to high sustainability standards. From eco-friendly construction materials to ERV (Energy Recovery Ventilation) systems that support indoor air quality, every detail is proof of an eco-conscious approach.

Equally thoughtful is Parade at One Bangkok (Winner, Best Retail Architectural Design; Best Retail Interior Design), a retail space designed by Lead8. The project is noteworthy for how it embraces a more nuanced expression of biophilic design. Terraces, balconies, and elevated gardens are conceived not just as aesthetic flourishes but as active ecosystems that foster biodiversity and enhance visitors’ well-being. The façade invites pedestrian interaction with a flowing sequence of shaded, semi-open spaces, while the interiors blend natural timber, stone, and organic textures.

These projects show that sustainability doesn’t have to be loud or flashy to be impactful. Sometimes, it’s built quietly into the walls, the walkways, and the lives that pass through them.

Wellness, privacy, and quiet sophistication are becoming as valuable as traditional markers of prestige 

The concept of modern luxury in real estate is arguably becoming less about opulence and more about cultivating a lifestyle that balances elegance with comfort. These values are evident in the details: high-end finishes, distinctive design choices, and the seamless integration of smart technology.  

Those considering a new home—whether in Bangkok, Phuket, or elsewhere—are still drawn to prestige and beauty. Many buyers, however, are increasingly looking past traditional symbols of grandeur in favor of wellness, privacy, and quiet sophistication. This shift in outlook can be seen in many of Thailand’s most exciting new developments, some of which were recognised at the PropertyGuru Thailand Property Awards 2025. 

A rarity worth having

Exclusivity fulfills a deep desire for status, privacy, and singularity, and luxury brands know that. They have long mastered the art of making consumers feel like part of an elite circle, whether through limited access or exclusive ownership. In real estate, this principle of controlled exclusivity doesn’t just create desire but also elevates value. 

Asset Five Group Public Company Limited understands this well. Their project, CINQ ROYAL The Eighteen Bangna KM.7 (Winner, Best Housing Development – Thailand), is a decidedly luxurious residence. Its “Majestic Residences” concept offers expansive spaces for just 18 families. Every detail signals elevated living, from the high-grade Euro-standard materials to carefully selected brands. 

Even in a high-density area like Thonglor in Bangkok, exclusivity can still be achieved. One standout example is SCOPE Thonglor by SCOPE COMPANY LIMITED (Winner, Best Ultra Luxury Condo Interior Design – Bangkok), a development designed to be a well-kept secret—but not for long. Touted as Bangkok’s first all-penthouse ultra-luxury condominium, it consists of only 18 full-floor residences. 

Of course, simply branding a property as exclusive doesn’t make it so. Scarcity must be paired with desirability to become truly aspirational. And in the case of SCOPE Thonglor, that aspiration is well-earned: expansive layouts, a refined blend of Scandinavian minimalism and Thai elegance, smart home tech, and high-end amenities. 

The luxury of choice 

In many areas of life, a lack of choice can feel limiting. That’s why the freedom to choose, especially in something as personal as a home, is its own kind of luxury. After all, not everyone dreams of a house lifted from the pages of a Victorian Gothic novel. But for those who do, having the option to make that vision real is a privilege in itself. 

Some homebuyers may gravitate toward grand, classically inspired residences such as THE PALAZZO Pinklao – Borom by AP (Thailand) Public Company Limited (Winner, Best Luxury Lifestyle Housing Development – Bangkok). Inspired by European architectural heritage, the development features dramatic façades, with hip-and-gable rooflines that create a striking central form. For those who romanticise classical proportions and historic flourishes, this is the dream realised. 

Others might seek sustainability and a vibrant, multi-generational community. Reignwood Park by Reignwood Group (Winner, Best Luxury Mega Township Development) is just that: a massive township surrounded by expansive green spaces, communal gardens, and wellness-focused infrastructure such as bike paths, a running track, and a full sport complex. Residents here don’t have to choose between modern comforts and environmental responsibility either, as the development features a wastewater management system and a solar power generator. 

For those who value both privacy and city access, The Reserve Villas Sukhumvit 89/1 (Winner, Best Luxury Housing Architectural Design – Bangkok) by Pruksa Real Estate is a standout choice. Located just 400 metres from the heart of Sukhumvit Main Road, it offers a rare combination of urban connectivity and residential seclusion. The villas are surrounded by top international schools, world-class hospitals, luxury retail, and lifestyle amenities. In this case, the luxury lies in not having to choose between convenience and calm—you can have both. 

A world of one’s own

Privacy has long been a cornerstone of luxury living, and few property types embody that better than the pool villa. The appeal lies in the experience it offers: personalised service, complete seclusion, and the freedom to enjoy your space entirely on your terms. Unlike even the most attentive luxury hotels, a pool villa offers the same five-star feel but without having to share it with anyone else. 

In Thailand, pool villas aren’t limited to beach towns or weekend getaways. They’ve become a statement of luxury in both urban and suburban settings. One striking example is NANTAWAN POOL VILLA Rama 9 – New Krungthep Kreetha Road by developer Land and Houses (Winner, Best Ultra Luxury Housing Architectural Design – Bangkok). This development brings European-inspired architecture to life. It also offers easy access to surrounding parks and quiet roads, which reinforces the sense of retreat, even in the heart of the city. 

On the Eastern Seaboard, D Space 3 by A35 Estate Corporation (Winner, Best Ultra Luxury Housing / Villa Development – Eastern Seaboard) offers a fresh take on the traditional pool villa. The architecture favours large open windows, seamless indoor-outdoor transitions, and framed views that pull nature in. The development overlooks Mabprachan Reservoir and sits adjacent to a serene public park, offering peaceful seclusion and easy accessibility. 

While pool villas are fantastic for privacy, a condo development can deliver its own unique brand of enviable seclusion. Take AESTIQ Thonglor by REAL ASSET DEVELOPMENT CO. LTD (Winner, Best Luxury Lifestyle Condo Development – Bangkok), for example, where privacy is built into every detail. Each unit features a private lift, so residents never have to share their entryway. Add to that a sky infinity-edge pool with sweeping views of the Bangkok skyline, and you have a condominium where privacy and panoramic indulgence go hand in hand. 

In Phuket, VIVE Phuket by Land and Houses Public Company Limited (Winner, Best Luxury Housing Architectural Design – Phuket) takes a distinct design approach to luxury and privacy. Inspired by the geometry of a diamond, the project’s angular, minimal-modern architecture is paired with layered security: double gates, underground wiring, and green buffers that create visual and physical separation between villas. 

Such projects give residents room to breathe, recharge, and disappear into their own private world. 

Coastal prestige all year-round

There’s a reason oceanfront homes are almost universally seen as highly desirable. The views alone are enough to elevate the everyday, but what truly sets it apart are the rhythm of the waves, the abundance of natural light, and the ever-present sense of escape.  

Phuket, with its breathtaking coastline and lifestyle appeal, is home to some of the country’s most desirable ocean-facing residences. 

That was the vision behind CANVAS Cherngtalay by SANSIRI PUBLIC COMPANY LIMITED (Winner, Best Luxury Condo Architectural Design and Best Luxury Condo Architectural Design – Phuket), a residential development that evokes the charm of a luxury cabana tucked away on a private beach. The buildings are arranged around a large, organically shaped pool that mirrors the curves of coral reefs. Hidden walkways, lush landscaping, and layered greenery create a living environment that feels like a permanent resort escape. 

Then there’s Triya Panwa by The Element by Triya (Winner, Best Ultra Luxury Oceanview Villa Architectural Design – Phuket), a villa development that perfectly pairs dramatic architecture with its coastal setting. Inspired by the curves of Cape Panwa and the energy of the Andaman Sea, the homes feature sweeping double-volume living areas, rooftop mini-golf spaces, and expansive infinity pools.

Wellness features, smart technology, and thoughtful design have become essentials on many buyers’ must-have lists 

When searching for a home, buyers have clear priorities and are willing to hold out for features such as a prime location, wellness-focused amenities, or an EV charger in the garage. Fortunately, Thai developers are stepping up to meet these expectations.  

Many of the country’s most forward-thinking projects—celebrated at the PropertyGuru Thailand Property Awards 2025—are making it easier than ever to find homes that support healthier, smarter living. 

Healthy homes, happy buyers

Wellness sells, and properties with wellness features—such as sprawling outdoor spaces, complete gym facilities, or interiors flooded with natural light—are highly sought after. These elements are especially important for senior citizens and families with specific health needs.  

Many homebuyers, however, are looking for much more, such as direct access to a hospital system, as seen in PINE Wellness Residence Prachachuen by Pruksa Real Estate (Winner, Best Wellness Developer). The project is a multi-generational wellness home that offers telemedicine, health monitoring, and concierge services through a partnership with ViMUT Hospital, a well-regarded name in Thai healthcare. For buyers seeking that level of support, it doesn’t get much better. 

This kind of seamless access to medical care meets the needs of homeowners who place wellness above all else. Naturale Phuket Luxury Pool Villas (Winner, Best Luxury Housing / Villa Development – Phuket) by AAG Development Co., Ltd. is proof that these offerings aren’t limited to urban condos, either. With a built-in communication system connected to BDMS Phuket, the project provides residents with direct links to an emergency button, health monitoring, ambulance services, consultations, and doctor appointments. 

These kinds of wellness integrations appeal to a wide range of buyers, and Thai developers are attuned to these needs, delivering homes that rise to the occasion. 

Designed for pets, designed for well-being  

Pets are known to ease stress, encourage physical activity, and help form stronger connections between fellow pet-loving neighbours. But the benefits of human-animal bonds go beyond having cute companions; pets are genuinely good for our well-being. 

And yet, in Thailand, pet-friendly housing is still relatively hard to come by. Developers like Origin Vertical Co., Ltd. are helping change that. With projects such as Knightsbridge Space Sukhumvit Rama 4 (Winner, Best Connectivity Condo Development – Bangkok) and Origin Plug & Play E22 Station (Winner, Best Pet-Friendly Condo Development – Bangkok), the search for a home that welcomes furry companions is becoming a little easier. 

At Knightsbridge Space, pet owners can enjoy indoor common areas where their cats and dogs are free to relax and roam in comfort. The development also accounts for those who may not be as keen to be around animals by including a separate pet elevator and a designated entrance. 

Similarly, L.P.N. Development PCL ‘s BAAN 365 Sukhumvit 77 (Winner, Best High End Housing Development – Bangkok) includes a generously sized, pet-friendly central garden designed to be safe, comfortable, and easy to maintain. Its units are thoughtfully designed for multigenerational living, offering ground-floor bedrooms and built-in lifts in select models, which enhance accessibility for senior residents. 

The healing power of water views

Blue spaces, or areas near bodies of water such as rivers or coastlines, have been linked to improved respiratory health, lower stress levels, and enhanced mental well-being. The benefits of living near water, however, depend on several key factors, such as air quality and infrastructure. 

In Thailand, those who understand and seek out these advantages won’t have to think twice about choosing a waterfront home. One such option is ASSETWISE’s CHANN The Riverside Borommaratchachonnani (Winner, Best Waterfront Housing / Villa Development), a riverside development that places residents within reach of restorative, natural surroundings. 

Likewise, Chapter Charoenkrung Riverside (Winner, Best Waterfront Condo Development) by Pruksa Real Estate is located along the Chao Phraya River and offers serene views and understated luxury. With its minimalist design philosophy and indoor-outdoor integration, the development is designed to bring calm into residents’ everyday lives. 

Those who prefer a short-term stay by the sea, Tropical Life Real Estate Co., Ltd.’s (Winner, Best Developer – Samui) NATHEE/THAWEE (Winner, Best Oceanview Housing/Villa Development – Samui) offers a compelling alternative. This upcoming villa project is set to rise amid serene mountain views and lush coconut groves, sitting just 200 metres from the sparkling shoreline of Crystal Beach. SUNTREE (Winner, Best Residential Development – Samui), also by Tropical Life, offers hybrid villas for both medium- to long-term stays. With sustainability as a key principle, the project preserves as much of the surrounding tropical forest and coconut palms as possible. 

There’s something undeniably restorative about being near water, and these homes are designed to make the most of it. 

When smart meets healthy

With climate change and Thailand’s recurring bouts of air pollution, having access to fresh, clean indoor air can feel like unattainable luxury. Keeping a home healthy often turns into a full-time job involving deep cleaning, filtering, and more. This is why an Energy Recovery Ventilator (ERV) system is a game-changer. Utilising a heat exchanger, an ERV circulates clean, filtered air while balancing heat and moisture between two airflows. 

Britania PCL understands this need and addresses it with its Belgravia Exclusive Ratchaphruek – Rama 5 (Winner, Best Lifestyle Housing Development) development. Inspired by the elegance of England’s Belgravia, the development combines architectural finesse with health-conscious innovation. The homes are equipped with an ERV system and Nanoe™ technology that helps inhibit airbourne germs throughout nearly every part of the house. 

Not all buyers are looking for advanced ventilation systems, as some simply want smart home essentials. Think smart lighting, app-connected kitchen appliances, or intelligent sensors that automate daily tasks. While the range of options can be overwhelming, many buyers know exactly what they’re after: security. 

Smart locks, for instance, allow homeowners to lock and unlock their doors remotely via a mobile app or voice command. For many, intelligent locks and surveillance systems are nonnegotiable. PNP Real Estate Co., Ltd. (Winner, Best Developer – Hua Hin) caters to this demand with its La Felice Exclusive Villa Hua Hin (Winner, Best Housing / Villa Development – Hua Hin) project, which comes fully equipped with a smart home function that puts safety and convenience first. Residents can monitor who enters and exits their home and control key functions through their phone or tablet, giving them peace of mind, even from afar. 

While some homebuyers put air quality and energy efficiency above all else, others turn to smart home technologies for safety, convenience, or even just the satisfaction of having a home that runs itself.

[PR News] From first-time recipients to national champions, this landmark edition celebrates winners chosen by judges and consumers.

The PropertyGuru Thailand Property Awards celebrated its historic 20th anniversary edition today at a black-tie ceremony held at the recently reopened Dusit Thani Bangkok, where the kingdom’s finest real estate achievements took centre stage across more than 40 categories.

A total of 26 development companies and design practices brought home the gold during the presentation of the 20th Annual PropertyGuru Thailand Property Awards in the heart of the Thai capital.

Frasers Property (Thailand) Public Company Limited triumphed with its first-ever win for Best Developer. The company behind the award-winning One Bangkok project also won for its new green project, The Grand Riverfront Ratchapruek-Rama 5.

Developers also excelled in vibrant property markets beyond Bangkok. Tropical Life Real Estate Co., Ltd. won Best Developer (Samui), elevated by wins for its projects Nathee/Thawee by Tropical Life Residence and Suntree by Tropical Life Residence. PNP Real Estate Co., Ltd. prevailed as Best Developer (Hua Hin), supported by its winning proect La Felice Exclusive Villa Hua Hin, while The Riviera Group won Best Developer (Eastern Seaboard).  

Pruksa Holding Public Company Limited was recognised as Best Wellness Developer, with Pruksa Real Estate Public Company Limited winning golden statuettes for the projects Chapter Charoenkrung Riverside and The Reserve Villas Sukhumvit 89/1.

Real Asset Development Co., Ltd. won two golden statuettes for Aestiq Thonglor, including the sought-after title of Best Condo Development (Thailand). Cinq Royal The Eighteen Bangna KM.7 by Asset Five Group Public Company Limited was named Best Housing Development (Thailand).

Ultra-luxury homes nationwide were also recognised, including Cinq Royal The Eighteen Bangna KM.7; D Space 3 by A35 Estate Corporation Co., Ltd; Nantawan Pool Villa Rama 9-New Krungthep Kreetha Road by Land and Houses Public Company Limited; Scope Thonglor by Scope Company Limited; and Triya Panwa by The Element by Triya.

Land and Houses Public Company Limited also won for its luxury projects Vive New Krungthep Kreetha and Vive Phuket, bringing its haul this year to four golden statuettes.

Also receiving four wins, AP (Thailand) Public Company Limited garnered accolades for the housing developments Beon Kaset-Nawamin; Centro Sathorn-Suksawat; The City Ratchapruek-Phrannok; and The Palazzo Pinklao – Borom.

In Greater Bangkok, Reignwood Group won Best Luxury Mega Township Development for the vast multi-generational community Reignwood Park. Innovative, imaginative retail projects throughout the metropolis also garnered golden statuettes: Hatch Dome-Asiatique The Riverfront Destination by Asset World Corporation and Parade at One Bangkok by Lead8.

Origin Vertical Co., Ltd. won for the well-connected and pet-friendly projects Knightsbridge Space Sukhumvit Rama4 and Origin Plug & Play E22 Station. Baan 365 Sukhumvit 77 by L.P.N. Development PCL.; Belgravia Exclusive Ratchaphruek – Rama5 by Britania Public Company Limited; and Chann The Riverside Borommaratchachonnani by AssetWise rounded out the diverse slate of winning projects in metropolitan Bangkok.

Upscale condominium and landed developments also represented southern Thailand, led by Canvas Cherngtalay by Sansiri Public Company Limited; Naturale Phuket Luxury Pool Villas by AAG Development Co., Ltd.; and Phyll Krabi and Phyll Phuket II, both by Central Pattana. Thera Asset Co., Ltd. represented northern Thailand with a win for the housing development Thera Thamm: Wang Tan.

A trio of accomplished leaders in Thai real estate also received special recognitions at the gala. Kamala Sukosol, president of Siam Hotels & Resorts, received the inaugural Life Achievement Award of the PropertyGuru Thailand Property Awards, celebrating her distinguished legacy in Thai hospitality alongside the Sukosol Group and her contributions to responsible tourism and the kingdom’s cultural fabric.

Chadatip Chutrakul, chief executive officer of Siam Piwat Group, was honoured as Real Estate Personality of the Year for her transformative leadership in the retail segment, as exemplified by shopping institutions such as IconSiam and Siam Paragon.

Supachoke Panchasarp, chief executive officer of Asset Five Group Public Company Limited, received the inaugural Rising Star award for blazing new trails in development, filling a market gap for consumers seeking self-built homes.

In addition to competitive categories, the latest PropertyGuru Thailand Property Awards gave consumers a platform to recognise the kingdom’s top developers through the People’s Choice Awards, with the support of the country’s leading property platforms, DDproperty and Think of Living.

The winners of the 2025 People’s Choice Awards in Thailand are Areeya Property Public Company Limited; AssetWise; Central Pattana Residence; Frasers Property (Thailand) Public Company Limited; L.P.N. Development PCL.; Land and Houses Public Company Limited; Major Development; Pruksa Real Estate Public Company Limited; Sansiri Public Company Limited; and SC Asset Corporation Public Company Limited​.

As part of the 20th anniversary celebrations, the ceremony also paid tribute to construction workers in Thailand through an initiative supported by Dao Ethical Gifts, with the participation of Baan Dek Foundation.

Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “As Thailand’s longest-running real estate awards, we’ve proudly set the gold standard for the industry, showcasing the limitless opportunities in property development, across all its forms.

Over the years, this journey has given us a unique perspective—and a deep appreciation for spaces that are resilient, sustainable, and built to endure.

What began as a modest ceremony honouring thoughtful design and quality development has grown into a celebration of real estate excellence across Southeast Asia and beyond. And it all started here in Thailand—a tourism powerhouse that’s also one of the region’s most desirable places to live, work, and thrive.”

He added: “From Bangkok’s striking skylines to the relaxed lifestyle of Phuket, our awardees continue to prove that Thai real estate is a world-class proposition. As we mark the 20th PropertyGuru Thailand Property Awards, we congratulate all our winners for bringing home the gold—and for making history at the same time.”

Suphin Mechuchep, Strategic Real Estate Advisor and chairperson of the PropertyGuru Thailand Property Awards, said: “Even after two decades, the PropertyGuru Thailand Property Awards continue to raise the bar for property development and design across the kingdom. The judges and I have been privileged to experience firsthand the country’s most exceptional properties over the years.

It is reassuring for us to witness the PropertyGuru Thailand Property Awards’ evolution into a holistic platform for excellence, celebrating a diverse range of properties from vast townships and commercial developments to luxurious residences and resort projects.

And now, with our People’s Choice Awards, it’s not just the judges who decide; the public also has its say in recognising the country’s finest developers. Congratulations to all the winners of the PropertyGuru Thailand Property Awards—these recognitions are richly deserved.”

The independent panel of judges consists of Suphin Mechuchep; Chaivut Saengaram, Ph.D, managing director, Chuchawal-Royal Haskoning, Dutch Design & Engineers Consulting Firm; Chaiyuth Pete Thirangoon, director, Akatan Company Limited; Choong Peng Leong, advisor, Mentabuild Limited, Thailand; Marciano Birjmohun, managing director, Marciano Advisory Co., Ltd.; Nicha Assarattanakul, director, Conexus Studio Company Limited; Paul D. Volodarsky, partner, head of regional real estate practice, head of hospitality sector, DFDL Legal and Tax; Dr. Phongthon Tharachai, CEO, Project Planning Service Public Company Limited; and Wasan Khongchantr, president, Thai Real Estate Sales and Marketing Association.

Expert panels of judges from the Eastern Seaboard, Hua Hin, Phuket, and Samui also contributed to the selection process: Bobby Brooks, founder/director/advisor director, Bobby Brooks Property Advisor Co. Ltd.; Clayton Wade, managing director, Premier Homes Real Estate Co., Ltd.; George Willoughby, managing director, Form Property; Kanitta Thongsanoe, managing director, SEA Property Group; Mesa Wongsida, managing director, North Shore Property Co., Ltd.; Michelle Hawryluk, director, Hawryluk Legal Advisors Co Ltd; Norbert Witthinrich, founder MD, SEA Property Group; Piti Suebwonglee, attorney & managing partner, Expat Pro; Rob Metha, founder, Kinaree Venture Company; Russ Downing, managing director, Hot Hua Hin Co. Ltd.; and Sumitha Soorian, chief marketing officer, The Headland.

As official supervisor of the PropertyGuru Thailand Property Awards, the team of HLB International Real Estate Group and HLB Thailand, led by Paul Ashburn and Sakanphon Fueangwong, upheld the fairness, transparency, and credibility of the selection process.

Established in Thailand in 2005, the PropertyGuru Asia Property Awards series has expanded over the decades to dynamic real estate markets such as the Middle East, Australia, Cambodia, Mainland China, Hong Kong, Macau, India, Indonesia, Japan, Malaysia, the Philippines, Singapore, Sri Lanka, and Vietnam.

Top winners from the PropertyGuru Thailand Property Awards will advance to the PropertyGuru Asia Property Awards Grand Final on 12 December 2025 to compete for the Best in Asia titles.

Organised by PropertyGuru Group, Southeast Asia’s leading PropTech company, the 20th Annual PropertyGuru Thailand Property Awards are supported by official portal partner DDproperty; official magazine Property Report by PropertyGuru; official publicity partner Infinity Communications; media partners Hot Magazine, Luxury Society Asia, Prop2morrow, REm, TerraBKK, Think of Living, and Top 10 of Thailand; and official supervisor HLB.

For more information, email awards@propertyguru.com or visit the official website: AsiaPropertyAwards.com.

COMPLETE LIST OF WINNERS

20th PropertyGuru Thailand Property Awards

DEVELOPER AWARDS

Best Developer

• WINNER: Frasers Property (Thailand) Public Company Limited

Best Developer (Samui)

• WINNER: Tropical Life Real Estate Co., Ltd.

Best Developer (Hua Hin)

• WINNER: PNP Real Estate Co., Ltd.

Best Developer (Eastern Seaboard)

• WINNER: The Riviera Group  

Best Wellness Developer

• WINNER: Pruksa Holding Public Company Limited

DEVELOPMENT AWARDS

Best Luxury Mega Township Development

• WINNER: Reignwood Park by Reignwood Group

Best Luxury Lifestyle Condo Development (Bangkok)

• WINNER: Aestiq Thonglor by Real Asset Development Co., Ltd.

Best Waterfront Condo Development

• WINNER: Chapter Charoenkrung Riverside by Pruksa Real Estate Public Company Limited

Best Connectivity Condo Development (Bangkok)

• WINNER: Knightsbridge Space Sukhumvit Rama4 by Origin Vertical Co., Ltd.

Best Pet Friendly Condo Development (Bangkok)

• WINNER: Origin Plug & Play E22 Station by Origin Vertical Co., Ltd.

Best Luxury Condo Development (Phuket)

• WINNER: Canvas Cherngtalay by Sansiri Public Company Limited

Best Condo Development (Krabi)

• WINNER: Phyll Krabi by Central Pattana

Best Ultra Luxury Housing Development (Bangkok)

• WINNER: Cinq Royal The Eighteen Bangna KM.7 by Asset Five Group Public Company Limited

Best Luxury Lifestyle Housing Development (Bangkok)

• WINNER: The Palazzo Pinklao – Borom by AP (Thailand) Public Company Limited

Best High End Housing Development (Bangkok)

• WINNER: Baan 365 Sukhumvit 77 by L.P.N. Development PCL.

Best Waterfront Housing / Villa Development

• WINNER: Chann The Riverside Borommaratchachonnani by AssetWise

Best Lifestyle Housing Development

• WINNER: Belgravia Exclusive Ratchaphruek – Rama5 by Britania Public Company Limited

Best Ultra Luxury Housing / Villa Development (Eastern Seaboard)

• WINNER: D Space 3 by A35 Estate Corporation Co., Ltd

Best Luxury Housing / Villa Development (Phuket)

• WINNER: Naturale Phuket Luxury Pool Villas by AAG Development Co., Ltd.

Best Oceanview Housing/Villa Development (Samui)

• WINNER: Nathee/Thawee by Tropical Life Residence by Tropical Life Real Estate Co., Ltd.

Best Housing / Villa Development (Hua Hin)

• WINNER: La Felice Exclusive Villa Hua Hin by PNP Real Estate Co., Ltd.

Best Housing Development (Chiang Mai)

• WINNER: Thera Thamm: Wang Tan by Thera Asset Co., Ltd.

Best Residential Development (Samui)

• WINNER: Suntree by Tropical Life Residence by Tropical Life Real Estate Co., Ltd.

Best Green Residences

• WINNER: The Grand Riverfront Ratchapruek – Rama 5 by Frasers Property (Thailand) Public Company Limited

DESIGN AWARDS

Best Landmark Retail Architectural Design

• WINNER: Hatch Dome – Asiatique The Riverfront Destination by Asset World Corporation

Best Retail Architectural Design

• WINNER: Parade at One Bangkok by Lead8

Best Luxury Condo Architectural Design (Phuket)

• WINNER: Canvas Cherngtalay by Sansiri Public Company Limited

Best Condo Architectural Design (Phuket)

• WINNER: Phyll Phuket II by Central Pattana

Best Ultra Luxury Housing Architectural Design (Bangkok)

• WINNER: Nantawan Pool Villa Rama 9 – New Krungthep Kreetha Road by Land and Houses Public Company Limited

Best Luxury Housing Architectural Design (Bangkok)

• WINNER: The Reserve Villas Sukhumvit 89/1 by Pruksa Real Estate Public Company Limited

Best Luxury Lifestyle Housing Architectural Design (Bangkok)

• WINNER: Vive New Krungthep Kreetha by Land and Houses Public Company Limited

Best Housing Architectural Design (Bangkok)

• WINNER: The City Ratchapruek – Phrannok by AP (Thailand) Public Company Limited

Best Ultra Luxury Oceanview Villa Architectural Design (Phuket)

• WINNER: Triya Panwa by The Element by Triya

Best Luxury Housing Architectural Design (Phuket)

• WINNER: Vive Phuket by Land and Houses Public Company Limited

Best Ultra Luxury Condo Interior Design (Bangkok)

• WINNER: Scope Thonglor by Scope Company Limited

Best Luxury Housing Interior Design (Bangkok)

• WINNER: Beon Kaset – Nawamin by AP (Thailand) Public Company Limited

Best Retail Interior Design

• WINNER: Parade at One Bangkok by Lead8

Best Housing Landscape Design (Bangkok)

• WINNER: Centro Sathorn – Suksawat by AP (Thailand) Public Company Limited

BEST OF THAILAND

Best Condo Development (Thailand)

• WINNER: Aestiq Thonglor by Real Asset Development Co., Ltd.

Best Housing Development (Thailand)

• WINNER: Cinq Royal The Eighteen Bangna KM.7 by Asset Five Group Public Company Limited

INDIVIDUAL AWARDS

Life Achievement Award

• WINNER: Kamala Sukosol, President, Siam Hotels & Resorts

Real Estate Personality of the Year

• WINNER: Chadatip Chutrakul, Chief Executive Officer, Siam Piwat Group

Rising Star

• WINNER: Supachoke Panchasarp, Chief Executive Officer, Asset Five Group Public Company Limited

PEOPLE’S CHOICE AWARDS

• WINNER: Areeya Property Public Company Limited
• WINNER: AssetWise
• WINNER: Central Pattana Residence
• WINNER: Frasers Property (Thailand) Public Company Limited
• WINNER: L.P.N. Development PCL.
• WINNER: Land and Houses Public Company Limited
• WINNER: Major Development
• WINNER: Pruksa Real Estate Public Company Limited
• WINNER: Sansiri Public Company Limited
• WINNER: SC Asset Corporation Public Company Limited

The PropertyGuru Thailand Property Awards return for their landmark 20th edition by giving property seekers a voice in celebrating the kingdom’s finest real estate developers, with the People’s Choice Awards in Thailand opening the public voting on 8 August 2025 (00:00 Indochina Time) and closing on 22 August (23:59 Indochina Time).

Thai residents and citizens are invited to cast their vote in the 2025 People’s Choice Awards, recognising the most trusted property developers in the kingdom. Consumers will choose their trusted developers based on satisfaction, brand reputation, and project excellence. All votes and results will be independently verified and audited by HLB, the official balloting partner of the People’s Choice Awards.

Winners of the People’s Choice Awards will be revealed during the annual gala celebration of the 20th PropertyGuru Thailand Property Awards on 12 September at the newly reimagined Dusit Thani Bangkok, alongside winners of competitive categories and special recognitions.

Voting will be promoted through DDproperty, Thailand’s leading property portal, and media partner ThinkofLiving.com. Thirty lucky voters will get a chance to win Central e-vouchers worth THB1,000 each through an online raffle, with winners announced on 3 September.

To vote and learn more about the People’s Choice Awards, visit: https://peopleschoiceawards.asia/en/thailand/

Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “While we trust our panel of experts to be excellent judges of quality in real estate, we’re also confident in the ability of consumers to discern the best properties for their needs and the companies capable of providing these solutions.

We’re glad to welcome voters to the latest edition of our People’s Choice Awards in Thailand, following a successful launch last year. We hope that this year’s awards will continue to represent the desires and preferences of Thai consumers, in line with PropertyGuru’s mission empowering people to make confident property decisions.”

Initially launched in Malaysia, the People’s Choice Awards have since been introduced to other markets covered by the PropertyGuru Asia Property Awards series. This year, the People’s Choice Awards will also be held for the first time in Vietnam.

The awards programme continues to expand its platform and impact around the region. Celebrating 20 years since its inception in Thailand in 2005, the PropertyGuru Asia Property Awards series now covers the Middle East, Australia, Cambodia, Mainland China, Hong Kong, Macau, India, Indonesia, Japan, Malaysia, the Philippines, Singapore, Sri Lanka, and Vietnam.

Top winners of competitive categories from Thailand will advance to the prestigious 20th PropertyGuru Asia Property Awards Grand Final in December 2025, where they will vie for prestigious Best in Asia honours.

Organised by PropertyGuru Group, Southeast Asia’s leading PropTech company, the 20th Annual PropertyGuru Thailand Property Awards are supported by official portal partner DDproperty; official magazine Property Report by PropertyGuru; official publicity partner Infinity Communications; media partners Hot Magazine, Luxury Society Asia, Prop2morrow, REm, TerraBKK, Think of Living, and Top 10 of Thailand; and official supervisor HLB.

For more information, email awards@propertyguru.com or visit the official website: AsiaPropertyAwards.com.

Thailand’s longest-running real estate awards programme introduces additional categories as new buying and renting trends emerge.

The 20th edition of the PropertyGuru Thailand Property Awards programme has officially launched, convening distinguished experts to discuss emerging opportunities in one of Southeast Asia’s most dynamic real estate markets. 

The 2025 cycle of the PropertyGuru Thailand Property Awards launched today at the Renaissance Bangkok Ratchaprasong Hotel where industry stakeholders shared the latest insights on the kingdom’s property seekers.

The black-tie gala dinner and presentation of the 2025 awards will be held at a new venue, the iconic Dusit Thani Bangkok. Key dates for the 2025 edition are:

• 11 July 2025 – Entries Close
• 4-22 August 2025 – Site Inspections
• 8-22 August 2025 – People’s Choice Awards Voting Period
• 22 August 2025 – Final Judging
• 12 September 2025 – Gala Dinner and Awards Ceremony in Bangkok, Thailand
• 12 December 2025 – Regional Grand Final Gala Dinner and Awards Presentation in Bangkok, Thailand 

Established in 2005, the PropertyGuru Thailand Property Awards represent the longest-running real estate awards programme in the kingdom. It is part of the PropertyGuru Asia Property Awards series, organised by PropertyGuru Group, Southeast Asia’s leading property technology company, to celebrate the Gold Standard in real estate.

Opportunities and trends

The Thai property market presents a variety of opportunities amid new consumer behaviours and trends, according to insights from DDproperty.com, the official portal partner of the awards.

According to DDproperty.com, the demand for rental properties remains higher than the demand for properties for sale. This is evident in the platform’s visitor data from July 2024 to February 2025, which shows that 52% of users chose to rent properties while 48% opted to buy.

Among buyers, 54% bought for personal or family use while 47% bought for investment. The relatively balanced proportion between these buyer segments implies that a significant segment of investors are partly drawn to attractive rental returns for both short-term and long-term leases.

New categories for 2025

The trends emerge as the 20th PropertyGuru Thailand Property Awards further recognise real estate excellence with new categories for 2025. These new titles are Best Construction Company; Best Custom Home Builder; Best Mega Township Development; Best Township Development; Best Completed Mixed Use Development; Best Oceanview Condo Development; Best Oceanview Housing Development; Best Multigeneration Living Condo Development; Best Multigeneration Living Housing Development; Best Smart Commercial Development; Best Renovated Commercial Development; and Best Renovated Residential Development.

The newly introduced categories reflect the shifting needs of property seekers and aim to reward innovation in Thailand’s real estate sector.

This year, the People’s Choice Awards will continue empowering residents to recognise Thailand’s finest developers based on reputation, track record, timely project delivery, and overall quality.

Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “Two decades ago, the PropertyGuru Thailand Property Awards set out to recognise quality real estate at a time when very few other awards existed. Our inaugural gala event featured a limited number of categories-this year, we will present more than 100 accolades, recognising the diverse elements in Thailand’s dynamic property sector.”

He added: “Over the years, the PropertyGuru Thailand Property Awards have grown to become the longest-running awards programme in the country. This growth extends beyond price categories to include geographical regions, acknowledging emerging Thai markets that offer quality spaces on a par with those in established investment hubs like Bangkok and Phuket.

Our dedication to defining the Gold Standard of real estate continues to drive us forward every year. As we celebrate the 20th edition of our awards, we aim to instil more confidence in Thailand’s real estate industry and pave the way for continued progress in the decade ahead.”

Suphin Mechuchep, chairperson of the independent panel of judges of the PropertyGuru Thailand Property Awards, said: “As we embark on our landmark 20th year of recognising excellence in Thai real estate, we are proud to introduce new award categories that reflect the market’s diversifying demands and the industry’s expanding spectrum of supply.

From expansive townships to thoughtfully designed multigenerational spaces, the 2025 awards closely align with market trends in Thailand and elevate developments that cater to the increasingly complex needs of investors, agents, consumers, and communities.

We encourage developers to seize this opportunity to present their exceptional projects and innovations-not only to Thailand but to the broader Asia-Pacific market-and play a bigger role in setting benchmarks for design, development, and sustainability in the region’s property sector.”

Jules Kay and Suphin Mechuchep were joined at the Bangkok launch event by Wittaya Apirakviriya, general manager, DDproperty, Marketplaces (Developer) and Think of Living, and Paul Ashburn, co-managing partner, HLB Thailand.

The independent panel of judges comprises consultants and experts in many segments of the real estate and construction sectors. As the official supervisor, HLB Thailand, part of “2024 Network of the Year” winner HLB International, will maintain the fairness, transparency, and credibility of the selection process.

Thailand real estate as the Best in Asia

Recipients of the PropertyGuru Thailand Property Awards may compete for the prestigious Best in Asia titles against peers in other markets at the 20th PropertyGuru Asia Property Awards Grand Final in December 2025.

This year’s PropertyGuru Asia Property Awards series has expanded to include markets such as the Middle East, Mainland China, Hong Kong, Macau, Japan, Australia, India, Sri Lanka, Cambodia, Indonesia, Malaysia, the Philippines, Singapore, Vietnam, and Thailand.

In 2024, outstanding developers represented Thailand at the Grand Final with Best in Asia titles for projects by Sansiri Public Company Limited and AP (Thailand) Public Company Limited.

Organised by PropertyGuru Group, the 20th Annual PropertyGuru Thailand Property Awards are supported by official portal partner DDproperty; official magazine Property Report by PropertyGuru; official publicity partner Infinity Communications; media partner Think of Living; and official supervisor HLB.

For more information, email awards@propertyguru.com or visit the official website: AsiaPropertyAwards.com.

Every landlord hopes for a long-term tenant who treats their property with care, as this not only fosters a positive relationship but also enhances rental yields.  

However, life can be unpredictable, and tenants may find themselves in situations where breaking their rental contracts becomes necessary, particularly in today’s fluctuating economic landscape.  

For foreign home seekers in Thailand, understanding the implications of such decisions is vital, especially if they are unfamiliar with local laws.

Understanding the Nuances of Rental Agreements in Thailand 

In Thailand, most rental agreements are for 12 months, and tenants must pay rent for the entire period.  

Yet circumstances such as job loss or relocation can prompt tenants to consider breaking their lease early. Before making any decisions, it is essential to review the rental agreement for a break clause that might allow for early termination with proper notice.

What Happens If You Break a Lease in Thailand? 

If your lease lacks a break clause, there are still options available. One promising approach is to negotiate with your landlord. Given the current rental market dynamics, landlords may be open to reducing the rent rather than risking a vacant property. This can be a win-win situation and help maintain a good relationship. 

Should you decide to move out regardless, consider proposing to find a replacement tenant. This involves finding someone who meets the landlord’s criteria, getting their application approved, and ensuring they sign a new lease.

This helps fulfill your lease obligations and demonstrates goodwill towards your landlord. If only a few months remain on the lease, having a new tenant sign a fresh 12-month agreement can stabilize both parties. 

Key Thai Rental Laws 

Understanding your rights as a tenant under Thai law is crucial. As of Oct 31, 2019, new regulations classify residential leasing as a contract-controlled business for landlords with five or more properties. These laws offer significant protection for tenants: 

– Notice Period: Tenants can terminate the lease before the contract period ends, but they must have resided for at least half of the contracted period and must give at least 30 days’ written notice. 

– Security Deposits: Security deposits or advance rent can be confiscated if it is the tenant’s fault. 

– Utility Charges: Landlords cannot charge more than actual utility costs and cannot impose fees for everyday wear and tear. This includes minor scuffs on the walls, small carpet stains, or loose door handles. 

These regulations are designed to ensure fair treatment of tenants and protect their rights.

Breaking Rental Contracts: A Tenant’s Guide 

If you find yourself needing to break your rental contract, consider these steps: 

– Review Your Lease Agreement: Look for clauses regarding early termination and understand your obligations. 

– Communicate with Your Landlord: Discuss your situation and explore options like reduced rent or finding a replacement tenant. 

– Document Everything: Keep records of all communications related to your lease termination to avoid future disputes. 

– Understand Your Rights: Familiarize yourself with Thai rental laws to ensure you are treated fairly and know what you are entitled to.

Differences between the Old and New Rental Contract Laws

For now, Thais are using the New Rental Contract Control Law (2019). To clarify the differences, please refer to the comparison table of the old and new laws. Any changes that benefit or disadvantage tenants will be noted in parentheses.

In conclusion, while breaking a rental contract in Thailand may seem intimidating, being informed about your rights and options can simplify the process.  

If you’re uncertain about legal aspects, seeking advice from local real estate professionals or legal experts specializing in Thai property law can be a source of reassurance.  

By taking these informed steps, you can effectively navigate your rental situation and minimize potential repercussions from breaking your lease.

Successfully renting a house in Thailand can be challenging for newcomers. However, you can simplify the process with the right approach and resources. Here’s a clear guide on renting a property in Thailand and finding a property to rent.

Why Use a Real Estate Agent? 

A local real estate agent is your best ally when searching for rental properties. They have in-depth knowledge of the area and can assist you in navigating the local rental market. It’s advisable to choose an agent who specializes in the region where you wish to live. 

Steps to Prepare Before Hiring an Agent 

Before you engage an agent, consider these critical steps: 

1. Identify Locations: Research neighborhoods that interest you. 

2. Set Your Budget: Determine your price range and the apartment size you need. 

3. Decide on Furnishings: Specify whether you want a furnished or unfurnished place. 

4. Choose a Reliable Agent: Find an agent with good reviews and local expertise. 

Once you hire an agent, they will help you find properties that match your criteria.

Key Considerations When Renting 

When meeting landlords, keep these points in mind: 

1. Negotiable Rent: Rent prices are typically negotiable and may not change during your lease. 

2. Contract Length: Cheaper apartments often require longer contracts (3-6 months). Negotiate for the best rates. 

3. Security Deposits: Expect to pay 1-2 months’ rent as a deposit, which may increase if the furniture is new or you have pets. This deposit is refundable if the property is undamaged at the end of your lease. 

4. Rent Adjustments: Landlords must notify tenants of rent increases before lease renewal. 

5. Payment Timing: Rent is paid at the beginning of each month. 

6. Utility Bills: Confirm whether utilities like electricity and internet are included in your rent. 

7. Early Termination: Ending your lease early may result in losing your deposit unless a diplomatic clause is included (subject to landlord approval). 

8. Eviction Risks: If you breach the contract, landlords can take legal action, including eviction. 

9. Tenant Rights: Tenant protections are limited in Thailand, so understanding your lease agreement is crucial.

Differences between the Old and New Rental Contract Laws

For now, Thais are using the New Rental Contract Control Law (2019). To clarify the differences, please refer to the comparison table of the old and new laws. Any changes that benefit or disadvantage tenants will be noted in parentheses.

Renting a house in Thailand can be straightforward if you are well-prepared and informed. Using a local agent and understanding the rental process, you can find a suitable home that meets your needs.