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39 Property Developers in Chiang Mai

39 property developers in Chiang Mai, Thailand on Georid, ranked by projects and active listings.

Catalog data as of 20 August 2026. Georid does not represent the companies listed here and is not affiliated with them: the data comes from public sources and the DBD registry.

39 Property Developers in Chiang Mai

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Catalog companies by registered capital: capital, revenue, year founded and province of registration. Source — Thai Department of Business Development registry. Click a column header to sort.
Tanboon ฿3.5 billion ฿818 million Chiang Mai
Krankanok Property ฿2.88 billion ฿1.14 billion Chiang Mai
Ornsirin Group ฿569 million ฿23.77 million Chiang Mai
North Home ฿500 million ฿400 million Chiang Mai
Niyomphanich Real Estate ฿440 million ฿16.7 million Chiang Mai
House and Land Property ฿370 million ฿108 million Chiang Mai
Koolpunt Property ฿350 million ฿183 million Chiang Mai
Chiangmai Barcelona Real Estate Development ฿250 million Chiang Mai
Palm Springs Place ฿235 million ฿274 million Chiang Mai
North Home Property ฿201 million ฿789 million Chiang Mai
Punna Development ฿200 million Chiang Mai
Royal Siam Property ฿200 million ฿291 million Chiang Mai
L.P.M. Builder ฿195 million ฿53.51 million Chiang Mai
Home Development Group ฿150 million ฿43 million Chiang Mai
Home and Pakkasem ฿100 million Chiang Mai
Rawee Waree Residence ฿100 million ฿149 million Chiang Mai
9 Morakot Property ฿100 million ฿112 million Chiang Mai
Luxury Chiangmai Land ฿80 million ฿367 million Chiang Mai
Wize Property ฿70 million Chiang Mai
Rochalia Developments ฿65 million ฿3.57 million Chiang Mai

What makes a developer reliable

A developer builds and sells its own projects, so on an off-plan purchase its reliability is the single biggest risk-reduction decision you make. An established company with a proven history is a very different risk from a new name expanding fast in one area — and the record that proves it is public. Run the checklist below before you commit.

What a foreign buyer must check

For a new build two rules are hard: a condominium is freehold only inside the building's 49% foreign-ownership quota, and the FET form (Tor Tor 3) must prove the money arrived from abroad — without it there is no freehold title and no clean repatriation on resale.

How to check a developer before buying

  1. DBD registry status active + the age of the company
  2. Delivery track record — how many projects completed on time
  3. Financial strength — a SET listing or registered capital
  4. Project legality: construction permit, EIA, land title / chanote
  5. An escrow account for off-plan payments
  6. Foreign-ownership 49% quota for freehold condominiums
  7. FET form for transferring money from abroad

Buying as a foreigner: freehold, the 49% quota and the FET form

A foreign buyer can hold a condominium unit under freehold — ownership with no time limit — within 49% of the building's total floor area. The owner's name goes on the unit title deed.

The alternative is leasehold: under Thai law a lease cannot run longer than 30 years, and the law gives no automatic guarantee of renewal.

The FET form evidences that the funds entered the country in foreign currency. The Land Department requires it to register freehold. Ask your bank for the document right after the transfer.

Frequently asked questions

How many property developers are there in Chiang Mai?

There are 39 property developers operating in Chiang Mai, Thailand, listed on Georid. The list is built from the Thai Department of Business Development (DBD) registry: each profile shows the legal entity, registration number, status, registered capital and the latest available financial year.

How do you check a developer is reliable?

Look at an active DBD registry status, a delivery track record (how many projects were completed on time), financial strength (a Stock Exchange of Thailand listing or registered capital), and project legality — construction permit, EIA and land title. These are the checks in the guide below.

Can a foreigner buy a new-build condo freehold?

Yes — inside the building's 49% foreign-ownership quota. Ask the developer how much of that quota is still free before you reserve; villas and land from a developer are normally structured as a 30-year leasehold or through a Thai company.

How are off-plan payments to a developer protected?

Before paying, ask whether an escrow account is opened for the project, and check the construction permit and EIA. Send money from abroad in foreign currency so the bank issues the FET form (Tor Tor 3) — required for a freehold title.

Reviewed by the Georid team · updated 20.08.2026

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