Who Is Supalai? Bangkok's Trusted Property Developer Since 1989
Supalai Public Company Limited (SET: SPALI) is one of Thailand's most established and respected real estate developers. Founded on June 26, 1989, by a team of experienced architects, engineers, and real estate specialists, the company was built on a single promise: to deliver quality homes to Thai families and, increasingly, to international buyers.
Listed on the Stock Exchange of Thailand in November 1993, Supalai has spent over three decades developing a portfolio that spans Bangkok and its surrounding provinces, as well as key regional markets across Thailand. Its name, meaning "good house" in Thai, reflects its founding philosophy — a commitment to well-designed, durable, and fairly priced residential properties.
Supalai's Real Estate Portfolio: More Than Just Condominiums
While Supalai condominiums in Bangkok remain the brand's flagship product, the developer operates across a broad range of real estate segments:
- High-rise condominiums — from entry-level city residences to luxury towers in Sathorn, Sukhumvit, and along the Chao Phraya River
- Detached houses and villas — for families seeking space in Bangkok's suburbs and major Thai cities
- Townhouses and duplex homes — designed for middle-income buyers looking for affordability without sacrificing quality
- Commercial real estate — office buildings, shopping centers, hotels, and resorts developed by Supalai and its subsidiaries
- Hotel and hospitality management — through a dedicated subsidiary focused on resort and hotel operations
This diversified approach means that Supalai can respond to different buyer profiles and market cycles, making it one of the most resilient developers in the Thai property landscape.
Supalai Condominium Projects in Bangkok: Key Developments
Supalai has developed dozens of residential projects across Bangkok's most desirable neighborhoods. Here are some of the most notable:
Supalai Icon Sathorn
A 56-storey luxury tower in the prestigious Sathorn business district, Supalai Icon Sathorn offers stunning views of the Chao Phraya River. Located near BTS Surasak and ICONSIAM, it combines high-end amenities — rooftop pool, fully equipped fitness center — with one of the city's most coveted addresses.
Supalai River Place
A 42-floor high-rise in the Charoen Nakhon area, developed in a distinctive Modern Oriental style. Its Y-shaped layout gives residents panoramic views of the Chao Phraya River. With units starting from 2.9 million THB, it represents accessible luxury with strong investment potential.
Supalai Premier Ratchathewi
Located steps from Ratchathewi BTS station, this 36-floor, 575-unit development is a benchmark for Supalai's mid-market condominium formula: excellent public transport access, comprehensive facilities, and competitive pricing.
Supalai Parc Ekkamai-Pattanakarn
One of Supalai's major upcoming completions, this 30-floor, 1,642-unit project is scheduled for delivery in December 2026. Positioned in Suan Luang, close to Thonglor, Ekkamai, and Sukhumvit Road, it offers over five distinct unit layouts and a French-style garden spanning over 1 km of jogging track, an Olympic-sized pool, fitness room, and game room.
Supalai Wellington (Huai Kwang)
Two phases — Wellington 1 and Wellington 2 — deliver over 2,000 units in the Huai Khwang district, catering to buyers seeking value in a central Bangkok location with easy access to MRT Phra Ram 9 and Thailand Cultural Centre.
Buying a Supalai Condominium as a Foreign Investor
One of the most common questions from international buyers is whether they can purchase a Supalai condominium legally. The answer is yes — under Thai condominium law, foreign nationals can hold freehold ownership of up to 49% of the total salable area in any registered condominium project. This is known as the foreign quota.
At Supalai developments, units under foreign quota can be owned outright, in the buyer's name, with full title deed (Chanote). Buyers should confirm current quota availability directly with Supalai's sales team or a licensed property agent before committing.
Why Invest in a Supalai Project in 2025–2026?
The Bangkok property market in 2025–2026 is navigating a period of careful adjustment, with developers focusing on inventory management and competitive pricing. Supalai's management has acknowledged a softer market in 2025, while expressing cautious optimism for a stabilization in 2026.
Several factors make Supalai projects particularly attractive for investors during this period:
Brand stability — Over 35 years of uninterrupted development activity, including successful navigation of the 1997 Asian financial crisis, demonstrates the company's financial resilience.
BTS and MRT proximity — The majority of Supalai's Bangkok condominiums are located within walking distance or a short drive from Skytrain (BTS) or Metro (MRT) stations, a critical factor for both rental appeal and long-term capital appreciation.
Price-to-quality ratio — Supalai is known for delivering above-average build quality at mid-market pricing, making its units competitive against both smaller developers and larger luxury-focused brands.
Strong rental market — Bangkok's international community, expat workforce, and growing digital nomad population sustain consistent rental demand, particularly in districts like Sathorn, Sukhumvit, Ratchathewi, and Ekkamai where Supalai has a significant presence.
Supalai by the Numbers
- Founded: 1989
- Listed on SET: 1993 (ticker: SPALI)
- Project types: Condominiums, detached houses, townhouses, commercial, hotel and hospitality
- Geographic reach: Bangkok, surrounding provinces, and key Thai regional cities
- Segments: Mid-market to luxury residential, with entry prices typically from 2–4 million THB
Finding the Right Supalai Project for You
Whether you are looking for a primary residence in the heart of Bangkok, a holiday apartment in a riverside tower, or a buy-to-let investment ahead of the 2026 delivery wave, Supalai offers options across different budgets and lifestyles. Use the project listings on this page to explore available units, compare floor plans, and connect with advisors who can guide you through the purchase process — from reservation to title transfer.