- Business
- Apex Development Public Company Limited engages in the development and sale of real estate properties in Thailand and internationally, focusing on premium residential, commercial, and mixed-use projects including condominiums, villas, hotels, resorts, and land plots. The company offers core products and services such as residential condominiums and villas; hotel-condominium developments branded with international operators like Sheraton, Four Points by Sheraton, Mövenpick, and Club Med; resort properties; land development; apartment and villa rental management services for customers; and operational support for rental income generation from these assets. Key projects encompass White Sand Beach Pattaya; Four Points by Sheraton Pattaya Resort and Jomtien Bay Residences; The Residences at Sheraton Krabi Yao Beach Resort; The Residences at Club Med Krabi; and The Residences at Sheraton Phuket Grand Bay, targeting high-end tourists, investors, and residential buyers primarily in tourist destinations like Pattaya, Krabi, Phuket, and other regions in Thailand. Founded in 1988 and formerly known as Sun Tech Group Public Company Limited until its name change in August 2007, Apex Development is headquartered at 104 Soi Aree, Sukhumvit Road 26, Khlong Tan, Khlong Toei, Bangkok 10110, Thailand, following a head office relocation registered in November 2023, with approximately 143 employees and subsidiaries including Apex Asset Co., Ltd., Grand Bay Residence Co., Ltd., World Record Sailing Yacht Co., Ltd., and Apex Krabi Development Co., Ltd. Recent developments include strategic partnerships for branded resort projects such as the Club Med Krabi Resort pre-launch and ongoing Sheraton-affiliated residences, alongside operational shifts like the 2023-2024 head office address change to support continued focus on premium tourism-driven real estate amid market challenges reflected in recent financials showing net losses and low revenue activity.