- CEO
- Ronnarith Thitisuriyarax
- Full Time Employees
- 59
- Sector
- Real Estate
- Industry
- Real Estate - Development
- Address
- 662/45 Rama 3 Road Bangkok Thailand 10120
- IPO Date
- Feb 8, 2023
- Business
- Sivarom Real Estate Public Company Limited engages in horizontal real estate development in Thailand, merchandising land through detached houses, semi-detached houses, townhomes, commercial buildings, and condominiums not exceeding eight floors; the company offers projects such as Sivarom Nature Plus (Sukhumvit-Bangpu), featuring luxury American Cottage-style houses with facilities including communal gardens, clubhouses, saltwater swimming pools, and 24-hour CCTV security; Sivarom Park (Sukhumvit-Bangpu), providing British Cozy Vintage-inspired detached houses with similar amenities on a prime location near hospitals, universities, and stadiums; and Sivarom City (Nikhom Phatthana-Rayong), affordable housing starting at 1.09 million baht emphasizing smart living surrounded by nature. Founded in 2017 and headquartered at 662/45 Rama 3 Road, Bang Phong Phang subdistrict, Yannawa, Bangkok, the company operates primarily in Thailand with a focus on suburban and emerging markets like Sukhumvit-Bangpu, Rayong, Phutthamonthon, Bangkae-Sathorn, Pracha Uthit, and Bangkruai-Sai Noi; it wholly owns subsidiaries Siam Pattana Real Estate Company Limited and To Be Bright Precast Company Limited for development and prefabricated structures, respectively, and holds 51% of Sivarom China Company Limited for overseas real estate activities. Recent developments include robust first-quarter 2024 revenue of 20.3 billion baht from launches like Sivarom Park (Wongwaen-Pracha Uthit 83) valued at 200 million baht and Sivarom Village (Wongwaen-Chaiyapruek) at 7.6 billion baht; planned 2024 project rollouts exceeding 500 billion baht in value, such as Sivarom Park (Pracha Uthit 76) at 600 million baht with standalone houses from 50 million baht, Sivarom Village (Wongwaen-Chaiyapruek) semi-detached and townhomes priced 20-30 million baht, Sivarom Hide (Bangkae-Sathorn) luxury houses at 100-160 million baht, Sivarom Hyde (Phutthamonthon Sai 2), Grand Sivarom 3 (Sukhumvit-Bangpoo), and Sivarom Nature Plus (Bangpoo 2567) Bergen-style townhomes; a joint venture with Putthapornmongkol group via a new entity; CEO Taweekiat Nuntaekkapong's resignation in May 2025; and Q3/nnine-month 2025 earnings reports alongside 35% projected annual revenue growth targeting high-end segments amid government stimulus like reduced transfer and mortgage fees.