Asset Wise

Projects: 9 · Units: 31 · Apartments from 2,910,000 ฿ (≈ $88,900)

assetwise.co.th

Asset Wise is a Bangkok-based developer founded in 2005. Since 2021 its shares have traded on the Stock Exchange of Thailand (SET) under the ticker ASW: financial reports are published quarterly and are publicly available. The company has completed more than 80 residential projects in Bangkok and its suburbs and on Phuket. In Pattaya it entered the market with Aquarous Jomtien: two towers with 606 residences, 500 metres from Jomtien Beach.

🏢 About Asset Wise

The company was founded on 19 January 2005 in Bangkok. On 5 May 2020 it was converted into a public company — AssetWise Public Company Limited. It builds more than just condominiums: the portfolio also includes houses, townhouses and home office formats. More than 80 residential projects have been completed, and the total portfolio value exceeds 132.8 billion baht.

📊 Reporting on the exchange

Since 28 April 2021 the company's shares have traded on the Stock Exchange of Thailand under the ticker ASW. Most Thai developers are private companies, and a buyer judges them by what the sales office says. Here it works differently: • financial reports are published quarterly and are freely available in the investor relations section • the figures are audited and filed with the exchange • revenue, profit and debt levels are visible — the things that carry construction through to handover You can see how the business is run before you commit money for several years. That is not a guarantee, but it is a verifiable fact instead of a promise.

🗺 Where the company builds

• Bangkok and its suburbs: Ladprao, Sukhumvit, Phahonyothin, Ratchada, Ramkhamhaeng • Phuket: the resort brand The Title. The merger with Rom Pho Property added 12 resort projects worth about 38.7 billion baht to the portfolio • Pattaya: the company's debut on the coast — Aquarous Jomtien The company works across several Thai markets at once, and we add its projects to the catalogue as they go on sale.

🏷 Brands and formats

The line-up includes Modiz, Atmoz, Kave, Kave Town, Brown, The Honor, Episode, Wynn, ESTA, The Title, Glam and H2. The brands cover different budgets and formats: The Title is the resort line on the coast, the rest are city brands, from student housing next to universities to premium developments. One developer handles city condominiums, houses and townhouses, and resort complexes alike. For a buyer that means Aquarous in Jomtien is not a one-off move to the coast but part of a large portfolio.

🌊 Aquarous Jomtien

• two 47-storey towers, 606 residences • a 9,600 m² plot, 500 metres to Jomtien Beach • 5,500 m² of facilities with 33 amenities: a water park, a beachfront pool, a library lounge, a tea lounge, an aroma garden • 81 layouts — from studio formats to three-bedroom residences At launch, prices started from 3,890,000 ฿ — that was the opening price at the time, not today's. The current price, sizes, completion date and construction stage are given in the project card and in the unit cards: those fields update automatically.

⚓ First project in Pattaya

Aquarous Jomtien is the first Asset Wise project in Pattaya. Before it the company built in Bangkok, the capital's suburbs and on Phuket. What stands behind the debut: • more than 80 completed residential projects — a track record built over years, and the finished buildings are there to walk through • listed status: the company's financial position is set out in audited reporting, not in a sales pitch • on Phuket the company has already delivered the resort format under The Title brand, and that is much closer to Jomtien than building in the capital The company has no completed buildings in Pattaya itself yet — that is the honest downside of buying at this stage, and we say it before you book, not after.

💳 Purchase terms

Foreign Freehold quota: • 30% within 30 days of the booking • 20% in equal instalments every six months over the construction period • 50% at handover Thai quota: • 20% after the booking • 15% in equal monthly instalments • 65% at handover A sinking fund of 500 ฿ per m² and a registration fee of 1% of the price are payable on top. The payment schedule is tied to the construction period of the particular building, so the exact dates come from the contract.

📐 Foreign Freehold quota

In a Thai condominium no more than 49% of a building's residential area can be registered to foreigners — this is Foreign Freehold, full ownership with no time limit. The rest belongs to the Thai quota. The foreign quota is capped by area, so the choice of layouts left in it turns over faster than in the Thai quota. Ask us what is available in the project you are considering.

🤝 Working with Realty 51

We have worked in Pattaya since 2011 and have closed more than 1,000 deals in that time. The commission is paid by the developer; for the buyer the price is the same as in the sales office. What we take on: • matching the layout and floor to your plan — to live in, to rent out or to hold • going through the contract and confirming the quota status before you place a booking • support with payments, transferring money from abroad and the handover inspection

❓ Common questions

• Can I check the developer's finances myself? Yes. The company is public, the ticker is ASW on the Stock Exchange of Thailand, and reports come out quarterly in the investor relations section of the company website. • How long has the company been in business? Since 2005 — founded in Bangkok on 19 January 2005, converted into a public company in 2020 and listed on the exchange in 2021. • Does the developer have completed projects? More than 80 residential projects, mostly in Bangkok and its suburbs and on Phuket. In Pattaya the company debuted with Aquarous Jomtien. • Can a foreigner get full ownership? Yes, within the foreign quota — up to 49% of a building's residential area. • Where do I find the price and the completion date? In the project card and in the unit cards: those fields update automatically and are deliberately left out of the page text. • Is it more expensive to buy through an agency? No. The commission is paid by the developer, and the price for the buyer does not change. • What if I need a different city? The company's main markets are Bangkok and its suburbs, Pattaya and Phuket. Tell us which market you are looking at and we will suggest a project from the company's portfolio, or an alternative.

Under construction

Completed projects

Apartments by this developer

See also