Supalai Navigates a Challenging Year, Maintains “A” Credit Rating for 12 Consecutive Years
Reaffirming Strong Financial Strength and Stability

Supalai Public Company Limited continues to reinforce its strong financial position and credibility as one of Thailand’s leading real estate developers, having maintained its corporate credit rating at “A” with a Stable outlook from TRIS Rating Co., Ltd. for the 12th consecutive year. This reflects the Company’s solid business fundamentals, effective management, and robust financial structure.

Mr.Tritecha Tangmatitham Managing Director of Supalai Public Company Limited, stated that 2025 is considered one of the most challenging years for Thailand’s real estate market in recent times due to multiple negative factors. Nevertheless, the Company believes the market continues to benefit from key supporting factors that help stabilize conditions and create future opportunities. These include the expected reduction in policy interest rates, easing of loan-to-value (LTV) measures, and government initiatives to reduce transfer and mortgage registration fees. Such measures are expected to stimulate purchasing power and restore confidence in the housing market, particularly in the mid-range housing and condominium segments where genuine demand remains.

The continued “A” credit rating from TRIS Rating for the 12th consecutive year underscores Supalai’s strong operating performance, healthy profitability, efficient financial management, and commitment to transparent and sustainable corporate governance. With a low financial debt burden, well-managed liquidity, and a strong market position, the Company remains well prepared to pursue ongoing investments both domestically and internationally. Supalai continues to expand its project portfolio in a balanced manner across Bangkok, metropolitan areas, and regional provinces to diversify risk and generate stable long-term income. The Company also develops quality projects across all segments, including single detached houses, semi-detached houses, townhomes, and condominiums, to meet the diverse needs of customers.

The “A” credit rating with a Stable outlook further reinforces confidence among investors, financial institutions, and customers in Supalai’s ability to consistently deliver solid performance while operating under ESG principles to achieve sustainable growth for shareholders, customers, and society over the long term.

For 2025, the Company plans to launch 23 new projects with a total value of approximately THB 32,560 million, targeting presales of THB 32,000 million and total revenue of THB 30,000 million. In the fourth quarter, Supalai plans to launch 8 new projects with a combined value of THB 14,160 million, comprising 5 low-rise projects and 3 condominium projects, which are expected to support performance growth in line with the Company’s targets.