Standout developers celebrate 20 years of the PropertyGuru Thailand Property Awards

From first-time recipients to national champions, this landmark edition celebrates winners chosen by judges and consumers

BANGKOK, Thailand — 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 project 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.

Related: Hospitality visionary Kamala Sukosol wins Thailand Life Achievement Award

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.

Related: Retail powerhouse Chadatip Chutrakul named Thailand’s Real Estate Personality

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.

Related: Rising Star award debuts with Supachoke Panchasarp of Asset Five

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.”

Related: People’s Choice Awards reveal Thailand’s top developers of the year, voted by consumers

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 [email protected] 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