- Business
- Sammakorn Public Company Limited operates as a real estate development company primarily engaged in the development and sale of residential properties in Thailand. Its core products include single detached houses, townhomes, home offices, and condominiums under brands such as "Sammakorn S9" for high-rise condominiums and "Providence Lane" for luxury low-rise residential projects. The company also develops mixed-use properties, including community shopping centers under the "Sammakorn Place" brand, located strategically on Rangsit-Klong 2 Road, Ramkhamhaeng Road, and Ratchaphruek Road, contributing to a steady rental income stream. In addition, it expands its geographic footprint beyond Bangkok and its metropolitan area with projects like "Barnyard Khao Yai" in Nakhon Ratchasima Province. Beyond property development, Sammakorn diversifies into related services such as real estate management and food and beverage operations, operating restaurant and bakery businesses through its subsidiaries.
Founded in 1970 and headquartered in Bangkok, Thailand, Sammakorn targets various market segments by offering a broad price range of residential products, from affordable townhomes and home offices to super luxury detached houses like the "Park Heritage" project in central Bangkok. The company emphasizes delivering high-quality finished homes and condominiums with stringent quality controls and customer service programs to enhance customer satisfaction.
Recent major developments include the continued expansion of its rental business with increased tenancy in locations such as the Sammakorn Muang-Ake Market and a significant revenue increase in its street food business at Sammakorn Ramkhamhaeng. Sammakorn has launched the "Home from Hearing" brand campaign in 2024, highlighting its 50+ years of industry experience and customer-focused approach. The company also established a new subsidiary, Sammakorn-JV4 Company Limited, in 2023 to develop the Providence Lane Lasalle project. Operational improvements include the adoption of technology to enhance after-sales services and improved communication with residents. Sammakorn's strategic focus remains on expanding both residential sales and rental services while maintaining high standards of product quality and customer satisfaction.
Sammakorn operates through four main business segments: Real Estate Development, Rental, Service, and Restaurant and Bakery. It serves a diverse customer base ranging from middle-class homebuyers to luxury property clients, primarily in Thailand's Bangkok metropolitan area and select provincial markets. The company is chaired by Bibit Bijaisoradat, with Napon Janetumnugul serving as CEO, and employs around 286 people. Its comprehensive approach integrates property development, community building, and complementary business ventures to sustain growth and resilience in the real estate sector.