- Business
- Chewathai Public Company Limited (CHEWA.BK) is a Thailand-based real estate developer focused on residential properties for middle- to high-income segments; it develops, sells, and rents high-rise and low-rise condominiums, townhomes, detached houses, home offices, commercial shophouses, and ready-built factories. The company operates primarily in Bangkok and Greater Bangkok, with additional projects in regions such as Phuket and Rayong; it also engages in second-hand housing through its Chewa Renue brand. Founded in 2008 and headquartered in Bangkok, Chewathai is a subsidiary of Chartchewa Company Limited and manages subsidiaries including Chewathai Interchange Company Limited, Chewa Heart Company Limited, Chewa Renew Company Limited, Chewathai Estate Company Limited, and Chewa Work Industry Company Limited for real estate development and factory rentals. Recent developments include the establishment of subsidiary Chewathai Estate Co., Ltd. in September 2023 with full ownership for real estate projects and joint venture Chewa Work Industry Co., Ltd. with 70% ownership for factory rentals; in May 2025, the company announced an asset acquisition transaction and formation of a new subsidiary. Other key changes encompass multiple debenture issuances in 2023-2025 to fund operations, such as No. 1/2025 in February 2025, project launches like Chewarom - New Ratchaphruek single houses in December 2023, and full acquisition of Chewa Renew Co., Ltd. (formerly Chewathai Hup Soon) in November 2022, alongside a 25% stake in Kamala Senior Living Company Limited for premium senior living in Phuket.