- Business
- Lalin Property Public Company Limited (LALIN.BK) engages in real estate development in Thailand, focusing on low-rise residential housing projects including single detached houses, twin houses, townhomes, and townhouses under brands such as Baan Lalil The Prestige, Lanceo CRIB, Lio, and Lalin Town. The company develops projects in key regions around Bangkok and its vicinity, including greater Bangkok areas like Rangsit-Bangpoon, Tiwanon-Rangsit, Phetkasem-Om Noi, Theparak-Bangna, Wongwaen Rangsit-Klong 4, Lamlukka-Klong 2, and Ratchaburi; specific ongoing and new launches encompass Lio 2 Ring Ring-Pinklao, Baan Lalil The Prestige Ratchaburi, Lio Rangsit-Bangpoon 2, Lio BLISS Rangsit-Klongluang 2, Lio Wongwaen-Lamlukka Klong 4-5, and Lalin Town Lio Ring Lamlukka-Klong 6. Founded in 1988 and headquartered at 222/2 Srinakarin Road, Huamark Sub-District, Bangkapi District, Bangkok 10240, the company listed on the Stock Exchange of Thailand in 2002 with paid-up capital of 825 million baht. Recent strategic initiatives include plans to launch 8-12 new projects valued at over 7-8 billion baht in 2024-2025 to replace completing developments and support business expansion, alongside introduction of innovative concepts like Lalin Miracle Space flexible-function homes and LANCIO Prestige single-house projects in eastern Bangkok. The company maintains subsidiaries such as Prosper Property and Prosper Precast, targets middle-income buyers in the Bt2-6 million price range, and reported second-quarter 2025 earnings with a quarterly profit of 128.7 million baht while proposing cash dividends for the July-December 2024 period payable in May 2025.