- Business
- Villa Kunalai Public Company Limited Villa Kunalai Public Company Limited engages in property development for sale in Thailand, focusing on residential and mixed-use projects in the Bang Bua Thong area of Nonthaburi province. The company develops single houses, twin houses, townhomes and commercial buildings under brands including Kunalai Parco Bang Bua Thong, Kunalai Daisy Bang Bua Thong, Kunalai Begins 2 Bang Bua Thong, Kunalai Purra Bang Bua Thong and Kunalai Courtyard Phase 2 Bang Bua Thong, which combines living spaces with commercial areas up to 200 square meters; its subsidiary, Villa Vanich Company Limited, supports real estate development activities. Villa Kunalai targets middle-income homebuyers seeking quality family-oriented housing with functional designs that foster relationships, operating primarily in greater Bangkok suburbs through projects emphasizing modern aesthetics and livability.
Founded in 2007 and listed on the Stock Exchange of Thailand in December 2019, the company maintains headquarters at 819 Moo 7, Pimonrat, Bang Bua Thong, Nonthaburi 11110, with CEO Praweerat Dheva-aksorn overseeing operations alongside a lean team of 36 employees. Recent financials reflect trailing twelve-month revenue of THB647.19 million and net income of THB36.96 million as of late 2024, with quarterly earnings growth of 3% year-over-year and a dividend ex-date in May 2025; the firm executed a 26:25 stock split in May 2025 to enhance liquidity. No major acquisitions, partnerships or new project launches surface in the past 1-2 years, though ongoing project phases like Kunalai Courtyard Phase 2 sustain its pipeline amid a high long-term debt profile and modest revenue growth of 7% in the latest quarter.