On June 26th, 1989, a group of experienced personnel and experts in land development including architects, engineers, and scholars jointly founded the Supalai Corporation Limited, a real estate development company for both residential and commercial purposes, with a registered capital of 100 million baht. In the early stages, the company operated mainly on building housing estate projects with residential single detached houses and townhouses. In later years, the company has expanded its business to development of condominiums, office buildings, resorts, and hotels for commercial purposes, which then became the heart of the company’s missions, including:
Develop all forms of land including housing estates and condominiums for residential purpose, office buildings, and all-in-one shopping centers, etc. The company also deals in trades with both land and real estate properties, as well as offering rental and/or leasing services for real estate, while always upholding the goal in developing society both directly and indirectly
In 1992, the third year of our business, the shareholders' meeting voted to convert the company into a public company and increased the company’s registered capital to 1,000 million baht under the new name of Supalai Public Company Limited. On November 17th, 1993, the company had its common shares listed on the Stock Exchange of Thailand for the first time using the abbreviation of SUPALI (since changed to SPALI) for official trading purposes in the Stock Exchange of Thailand until the present day. Our company has since maintained our working policy as a leading expert in residential estates with expansive development experience in real estate, including single detached houses, townhouses, condominiums, office buildings, resorts, and hotels for more than 30 years.
Overview of business operations of the Company and its subsidiaries
Supalai Public Company Limited and its subsidiaries (group of companies) operate real estate development projects for living and commercial purposes. Our projects are conceptualized with the idea of a quality living place for quality community of “Supalai residents”. We always develop our housing models with carefully selected materials that meet our ideal standards. Our pre and after delivery services are diligently supervised to foster a safe and friendly community for our clients’ utmost satisfaction. The Company and our subsidiaries operate and own the following housing projects: detached houses, duplex houses, townhouses and condominiums in a variety of areas throughout Bangkok and peripheries including other provinces. This is to respond to the need of the market and our many clients who have different preferences and goals, and are primarily those who are middle to high income earners. Our priority is to focus on the completion of our current housing projects and deliver them by deadlines to create the brand awareness of “Supalai.” This name will be used as a leading name for every project, followed by specific name of each project to fit in with different project formats and the target market. Moreover, the Company is also the developer of offices for rent in the commercial districts, while the subsidiaries operates real estate project management as well as the management of hotels and resorts. Currently, the Company and its subsidiaries have grown to become one of the leading companies in real estate business.