NovAsia

AP (Thailand)

AP Thailand gives buyers a substantial public record to work with because it is a listed residential developer rather than a private project-only company. Its core business spans detached houses, semi-detached homes, townhomes, home offices and condominiums, with real-estate sales providing the large majority of revenue. The shares trade on the Stock Exchange of Thailand under ticker AP. That disclosure is useful when assessing the group, but it does not remove the need to review the specific project company, contract and unit being purchased.

Bangkok · 41 linked projects
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Track record

SET records show the company was established on 20 July 1984 and listed on 30 September 1992. A second strand of its track record is the condominium partnership with Mitsubishi Estate, which began in 2014 and has been structured through long-term joint-venture companies rather than a one-off co-development. By March 2026, AP said the partnership covered 32 condominium projects with an aggregate stated value above THB 140 billion. The scale is meaningful, but buyers should still distinguish between wholly AP-developed projects and projects sold through joint-venture entities.

Segments and prices

AP does not sit in a single price bracket. Its current website spans entry-level housing through premium and luxury products: condominium asking prices start from about THB 1.79 million, with the developer grouping many units into sub-THB 3 million, roughly THB 3–5 million and THB 6 million-plus bands depending on brand and location. Detached houses are shown across a much wider roughly THB 4–120 million range, while townhomes run from about THB 1.49–25 million. These are current advertised starting bands, not a promise that every unit is available at those prices; the actual ticket depends on project, size, floor or land plot, completion status, package and promotion.

Geography

Bangkok and the wider metropolitan area remain AP's core geography, where the majority of its developments are concentrated. The company also states that it operates in major provincial cities and in 2026 highlighted further expansion into new provinces. For an overseas buyer, the brand name therefore says less about rental demand or resale depth than the exact micro-location: those outcomes can differ sharply between central Bangkok, outer metropolitan districts and provincial markets.

Reliability and public record

AP offers a level of financial visibility that is difficult to obtain from a small private developer. Its audited 2025 results reported THB 4.317 billion in profit attributable to equity holders, down from THB 5.020 billion in 2024, with an unqualified audit opinion in the SET filing. For the first half of 2026, AP reported THB 20.324 billion in total revenue, THB 1.967 billion in net profit and THB 39.626 billion of backlog. Its investor-relations site also states that TRIS Rating affirmed an A corporate credit rating with a Stable outlook for the fourth consecutive year and that AP received an AA SET ESG Rating for 2025. Those indicators support assessment of the group as a going concern and capital-market borrower; they do not guarantee construction quality, handover timing or contractual performance on an individual unit.

What to verify

With AP, due diligence should focus less on proving that the parent group exists and more on identifying the legal wrapper around the specific development. The group uses multiple subsidiaries and joint-venture entities, particularly for condominiums developed with Mitsubishi Estate, so the sales contract, payment recipient and project company should all line up. Foreign buyers should separately confirm the remaining foreign-ownership quota in that condominium and the evidence required for offshore fund transfers. Before reserving, verify the exact unit price, fit-out and furniture package, transfer-cost allocation, common-area fees and sinking fund, handover date, defect warranty and refund mechanics for a material delay. For an off-plan purchase, specific to the project permits and environmental approvals matter; a listed parent and a familiar brand do not substitute for those documents.

Projects in the NovAsia catalogue

These are the projects currently shown in the NovAsia catalogue; the list is not a complete corporate portfolio.

ASPIRE Onnut StationThailand
Condominium

ASPIRE Onnut Station

Bangkok
AP Thailand
Based on developer materialCompleted
High-rise condominium · 37 floors · 696 units
From 3,482,000 THBAvailability and price confirmed personallyFrom THB 3.482M in a current PropertyHub listing checked on 28 August 2026. AP’s own sales page simultaneously advertises direct stock from THB 3.59M. This is a lower market anchor rather than a single project-wide price; the chosen unit, seller, availability, foreign quota and transaction terms need to be confirmed separately.
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GOOD DAY More BangmodThailand
Condominium

GOOD DAY More Bangmod

Bangkok
AP Thailand
Based on developer materialEarly stage
Low-rise condominium · 8 floors · 731 units
From 2,190,000 THBAvailability and price confirmed personallyFrom THB 2.19M as of 28 August 2026. This is the project's entry price, not a promise that every available unit can be bought at that figure; the exact unit, floor, outlook, stock, furniture package and transaction terms need to be confirmed before reservation.
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LIFE Phahon-LadpraoThailand
Condominium

LIFE Phahon-Ladprao

Bangkok
AP Thailand
Based on developer materialCompleted
High-rise residential condominium · 41 floors · 598 units
From 3,900,000 THBAvailability and price confirmed personallyFrom THB 3.9M in current PropertyHub resale listings dated 26 Aug 2026. This is a lower market anchor for resale stock; the specific unit, condition, availability, ownership form and transfer costs need separate confirmation. AP Thailand’s official page showed remaining units from THB 4.19M on 28 Aug 2026.
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LIFE Sukhumvit–Rama 4Thailand
Condominium

LIFE Sukhumvit–Rama 4

Bangkok
AP (Thailand)
Based on developer materialUnder construction
High-rise residential condominium · 46 floors · 1054 units
From 3,490,000 THBAvailability and price confirmed personallyFrom THB 3.49M on AP’s current project page as of 27 Aug 2026. This is the developer’s current public starting point; the selected unit, price and availability need separate confirmation.
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ASPIRE Huai KhwangThailand
Condominium

ASPIRE Huai Khwang

Bangkok
AP (Thailand)
Based on developer materialUnder construction
High-rise condominium · 35 floors · 1274 units
From 2,990,000 THBAvailability and price confirmed personallyFrom THB 2.99M on AP (Thailand)'s current project page as of 29 August 2026. This is a developer starting-price anchor; the exact unit, remaining stock, final price and transaction terms need to be confirmed before reservation.
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ASPIRE Sukhumvit 103Thailand
Condominium

ASPIRE Sukhumvit 103

Bangkok
AP Thailand
Based on developer materialUnder construction
Pet-friendly low-rise residential condominium · 8 floors · 1126 units
From 2,436,000 THBAvailability and price confirmed personallyAround THB 2.436M from a DDproperty listing published on 8 August 2026, while AP Thailand currently advertises the project from THB 2.59M. This is a lower market listing anchor, not a guaranteed developer price; the seller, outstanding instalments, live availability and foreign quota for the selected unit need separate confirmation.
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LIFE Charoennakhon-SathornThailand
Condominium

LIFE Charoennakhon-Sathorn

Bangkok
AP (Thailand)
Based on developer materialCompleted
High-rise residential condominium · 28 floors · 580 units
From 3,533,000 THBAvailability and price confirmed personallyFrom THB 3.533M in an active DDproperty listing refreshed on 27 August 2026. This is a lower market anchor, not a guaranteed developer price: the exact unit, foreign-quota availability, furniture package and final terms need to be checked separately. AP (Thailand)'s current direct project page starts from THB 3.89M.
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LIFE Rama 4–AsokeThailand
Condominium

LIFE Rama 4–Asoke

Bangkok
AP (Thailand)
Based on developer materialCompleted
High-rise condominium · 39 floors · 1237 units
From 3,650,000 THBAvailability and price confirmed personallyFrom THB 3.65M in a current PropertyHub listing refreshed on 28 Aug 2026. This is a lower secondary-market asking-price anchor, not a guaranteed project price: AP’s official page simultaneously advertises the project from THB 4.49M and shows a specific available 26.7 sqm unit at THB 3.99M. The exact unit, availability, tenure and final transaction terms need separate confirmation.
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LIFE Ratchada–Rama 9Thailand
Condominium

LIFE Ratchada–Rama 9

Bangkok
AP Thailand
Based on developer materialUnder construction
Low-rise condominium · 8 floors · 851 units
From 3,890,000 THBAvailability and price confirmed personallyFrom THB 3.89M on AP Thailand's official project page as of 29 Aug 2026. This is a current lower unit-price anchor; the selected unit, availability, foreign quota and transaction terms need separate confirmation.
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LIFE Sathorn–Narathiwas 22Thailand
Condominium

LIFE Sathorn–Narathiwas 22

Bangkok
AP Thailand
Based on developer materialCompleted
Low-rise residential condominium · 8 floors · 416 units
From 3,310,000 THBAvailability and price confirmed personallyFrom THB 3.31M in a current market listing updated on 26 August 2026, while AP’s official project page currently advertises direct prices from THB 3.49M. The lower figure is an anchor from a specific market offer, not a developer-wide promise; seller, availability, ownership route and final terms must be checked for the selected unit.
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LIFE Udomsuk StationThailand
Condominium

LIFE Udomsuk Station

Bangkok
AP Thailand
Based on developer materialUnder construction
High-rise residential condominium · 38 floors · 1004 units
From 3,840,000 THBAvailability and price confirmed personallyFrom THB 3.84M in a live market listing checked on 29 Aug 2026. AP's official page simultaneously quotes a THB 4.29M starting price; the selected unit, availability, contract status and final price require separate confirmation.
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RHYTHM Charoennakhon IconicThailand
Condominium

RHYTHM Charoennakhon Iconic

Bangkok
AP Thailand
Based on developer materialCompleted
Luxury high-rise · 29 floors · 577 units
From 5,190,000 THBAvailability and price confirmed personallyFrom THB 5.19M in a PropertyHub listing refreshed on 28 Aug 2026 for a 35 sqm one-bedroom unit on the 6th floor. This is a lower market anchor, not the developer's price; seller status, availability, condition, ownership form and final price need to be checked for the selected unit. For comparison, AP Thailand's current project page starts from THB 5.9M.
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The Address Siam–RatchathewiThailand
Condominium

The Address Siam–Ratchathewi

Bangkok
AP (Thailand)
Based on developer materialCompleted
High-rise residential condominium · 50 floors · 880 units
From 7,590,000 THBAvailability and price confirmed personallyFrom THB 7.59M on AP (Thailand)'s official project page as of 29 August 2026. This is the developer's advertised lower entry point for current stock; the exact unit, availability, fit-out and final terms need to be confirmed before reservation.
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ASPIRE Arun PrivéThailand
Condominium

ASPIRE Arun Privé

Bangkok
AP Thailand
Based on developer materialCompleted
Low-rise condominium · 5 floors · 119 units
From 3,550,000 THBAvailability and price confirmed personallyFrom THB 3.55M in a LivingInsider resale listing for a 35 sqm unit marked 23 Feb 2026. The page was found during the 30 Aug 2026 check, but the listing itself needs a fresh availability check. AP Thailand now marks the project as fully sold out, so this is a secondary-market asking-price anchor rather than a developer price; the exact unit, condition, foreign quota and transaction terms need separate confirmation.
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ASPIRE Itsaraphap StationThailand
Condominium

ASPIRE Itsaraphap Station

Bangkok
AP Thailand
Based on developer materialCompleted
Low-rise condominium, 2 buildings (5 and 8 floors) · 8 floors · 270 units
From 3,054,000 THBAvailability and price confirmed personallyFrom THB 3.054M on FazWaz as of 30 Aug 2026. This is a lower public market anchor; AP's current project page simultaneously starts from THB 3.29M. The selected unit, availability, ownership form and final terms need separate confirmation.
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ASPIRE Pinklao–Arun AmmarinThailand
Condominium

ASPIRE Pinklao–Arun Ammarin

Bangkok
AP (Thailand)
Based on developer materialCompleted
Low-rise residential condominium · 5 floors · 395 units
From 3,700,000 THBAvailability and price confirmed personallyFrom THB 3.7M on a PropertyHub listing updated on 23 Jul 2026. That listing does not state its foreign-quota status; among recent FazWaz offers, the lowest Thai Quota unit was THB 3.85M and the lowest Foreign Quota asking price found was THB 4.0148M. Availability, final price and ownership status must be confirmed for the specific unit.
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ASPIRE Sathorn–Taksin PrivaThailand
Condominium

ASPIRE Sathorn–Taksin Priva

Bangkok
AP Thailand
Based on developer materialUnder construction
High-rise condominium · 22 floors · 381 units
From 2,490,000 THBAvailability and price confirmed personallyFrom THB 2.49M on AP Thailand’s official project page as of 30 August 2026. This is the project’s starting price; the selected unit, availability and current terms need to be confirmed separately.
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ASPIRE Sukhumvit–Rama 4Thailand
Condominium

ASPIRE Sukhumvit–Rama 4

Bangkok
AP Thailand
Based on developer materialCompleted
High-rise residential condominium · 38 floors · 1323 units
From 2,690,000 THBAvailability and price confirmed personallyFrom THB 2.69M as of 30 August 2026. This is the developer's published entry point for current stock; the exact unit, availability, foreign-quota ownership and final transaction terms need separate confirmation.
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ASPIRE Vibha–VictoryThailand
Condominium

ASPIRE Vibha–Victory

Bangkok
AP (Thailand)
Based on developer materialCompleted
High-rise residential condominium · 29 floors · 593 units
From 3,179,600 THBAvailability and price confirmed personallyFrom THB 3,179,600 in live market inventory checked on 30 Aug 2026 for a 26.59 sqm unit advertised in the foreign quota. This is a lower asking-price anchor, not a guaranteed developer price: the exact unit, availability, quota status and final terms need a fresh check. AP's official page showed a public starting price of THB 3.49M on the same date under a limited promotion.
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GOOD DAY Sukhumvit 93Thailand
Condominium

GOOD DAY Sukhumvit 93

Bangkok
AP (Thailand)
Based on developer materialCompleted
Low-rise residential condominium · 8 floors · 604 units
From 1,890,000 THBAvailability and price confirmed personallyFrom THB 1.89M on the developer's live project page as of 30 August 2026. This is a public starting anchor, not a promise that every available unit is sold at that figure; the exact unit, furniture package, seller, foreign quota status and transfer costs need a fresh check.
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LIFE Sathorn SierraThailand
Condominium

LIFE Sathorn Sierra

Bangkok
AP (Thailand)
Based on developer materialCompleted
High-rise residential condominium · 40 floors · 1971 units
From 2,590,000 THBAvailability and price confirmed personallyFrom THB 2.59M based on a current DDproperty listing rechecked on 30 Aug 2026. This is a lower market anchor for a specific unit, not a project-wide price: availability, condition, floor, view, foreign quota and transaction terms need to be checked separately. AP's current project page lists remaining developer stock from THB 3.69M for a large one-bedroom unit.
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Aspire Rama 9Thailand
Condominium

Aspire Rama 9

Bangkok
AP Thailand
Based on developer materialCompleted
Residential high-rise · 25 floors · 663 units
From 3,100,000 THBAvailability and price confirmed personallyFrom THB 3.1M based on a current PropertyHub resale listing updated on 29 August 2026. As of 1 September 2026 this is a lower public secondary-market anchor, not a developer price; availability, unit condition, seller, tenure and final transaction terms need to be confirmed for the selected unit.
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Rhythm RatchadaThailand
Condominium

Rhythm Ratchada

Bangkok
AP (Thailand)
Based on developer materialCompleted
High-rise residential condominium · 881 units
From 3,000,000 THBAvailability and price confirmed personallyFrom THB 3.0M based on an active PropertyHub resale listing visible on 31 August 2026. This is a lower secondary-market anchor, not a developer price; the specific unit, availability, condition and terms need separate confirmation.
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Baan Klang Muang Rama 9-OnnutThailand
Townhouse

Baan Klang Muang Rama 9-Onnut

Bangkok
AP (Thailand)
Based on developer materialCompleted
3-storey townhome community · 3 floors · 209 units
From 3,540,000 THBAvailability and price confirmed personallyFrom THB 3.54M in active PropertyHub listings refreshed on 31 August 2026. This is a lower resale-market anchor, not a developer price; availability, condition and deal terms need confirmation for the selected house.
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Baan Klang Muang Srinakarin-OnnutThailand
Townhouse

Baan Klang Muang Srinakarin-Onnut

Bangkok
AP Thailand
Based on developer materialCompleted
Three-storey townhouse community · 3 floors · 157 units
From 4,700,000 THBAvailability and price confirmed personallyFrom THB 4.7M in the current DDproperty resale range as of 3 September 2026. The developer has sold out the project, so this is a lower secondary-market anchor rather than a new-home price; the exact house, condition, furniture, transfer costs and final price need to be checked separately.
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The Centro RamindraThailand
Villa

The Centro Ramindra

Bangkok
AP Thailand
Based on developer materialCompleted
Detached house community · 2 floors · 296 units
From 4,990,000 THBAvailability and price confirmed personallyFrom THB 4.99M in active DDproperty resale listings checked on 4 September 2026. This is a lower resale-market anchor rather than a developer price; the selected house, condition, furniture, land title and final transaction terms require a separate check.
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Citi Smart Sukhumvit 18Thailand
Condominium

Citi Smart Sukhumvit 18

Bangkok
AP (Thailand)
Based on developer materialCompleted
Completed central Bangkok high-rise condominium · 20 floors · 192 units
From 10,000,000 THBAvailability and price confirmed personallyFrom THB 10M based on a PropertyHub resale listing updated on 3 September 2026. This is a lower resale-market anchor, not a developer price; the exact unit, availability, condition, ownership status and final terms need to be confirmed before a transaction.
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District Sukhumvit 77Thailand
Mixed-use

District Sukhumvit 77

Bangkok
AP Thailand
Based on developer materialCompleted
Semi-detached home-office · 26 units
From 24,900,000 THBAvailability and price confirmed personallyFrom THB 24.9M on AP Thailand’s official project page as of 6 September 2026. This is the project’s current entry price, not a quote for every house: the available plot, land size, specification, tenure structure and final terms need to be confirmed for the selected unit.
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Life JJ InterchangeThailand
Condominium

Life JJ Interchange

Bangkok
AP Thailand
Based on developer materialUnder construction
Urban low-rise condominium · 8 floors · 552 units
From 3,200,000 THBAvailability and price confirmed personallyAround THB 3.2M in current public offers checked on 7 September 2026. This is a lower asking-price anchor rather than a fixed developer price; the selected unit, availability, incentives and payment terms need to be reconfirmed.
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Centro Suksawat-Rama 3Thailand
Villa

Centro Suksawat-Rama 3

Bangkok
AP Thailand
Based on developer materialCompleted
2-storey single-detached house in gated community · 2 floors · 256 units
From 5,440,000 THBAvailability and price confirmed personallyFrom THB 5.44M on an active PropertyHub resale listing refreshed on 6 September 2026. This is a lower secondary-market asking-price anchor, not a developer price; availability, house condition, actual plot size and transaction terms must be checked for the selected property.
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Rhythm Sukhumvit 36-38Thailand
Condominium

Rhythm Sukhumvit 36-38

Bangkok
AP Thailand
Based on developer materialCompleted
High-rise residential condominium · 25 floors · 496 units
From 3,290,000 THBAvailability and price confirmed personallyFrom THB 3.29M based on a live resale listing checked on 8 September 2026. This is a lower market anchor for one specific unit, not a fixed project price; availability, condition, furnishings, foreign-quota eligibility and final transaction terms need to be checked separately.
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The City Rama 2-PhutthabuchaThailand
Villa

The City Rama 2-Phutthabucha

Bangkok
AP Thailand
Based on developer materialCompleted
Two-storey detached house community · 2 floors · 112 units
From 8,990,000 THBAvailability and price confirmed personallyFrom THB 8.99M in an active resale listing refreshed on 8 September 2026. This is the lowest market asking price found, not developer inventory; the selected house, condition, inclusions, transfer costs and final price need to be reconfirmed for the actual transaction.
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The City Sukhumvit-Onnut 2Thailand
Villa

The City Sukhumvit-Onnut 2

Bangkok
AP Thailand
Based on developer materialCompleted
Two-storey single-detached house community · 2 floors · 62 units
From 21,900,000 THBAvailability and price confirmed personallyOn AP's official project page checked on 10 September 2026, a completed 422 sqm house identified as J05 was shown at THB 21.9M, reduced from THB 26.9M, while the same page quoted the project's current headline range at THB 25.9M–40M. Treat this as a dated price anchor rather than a promise of stock: the specific plot, fit-out, availability and final commercial terms need to be confirmed for the selected house.
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The Palazzo SrinakarinThailand
Villa

The Palazzo Srinakarin

Bangkok
AP Thailand
Based on developer materialCompleted
Gated single-detached house community · 2 floors · 52 units
From 38,900,000 THBAvailability and price confirmed personallyFrom THB 38.9M based on an active resale listing checked on 10 September 2026. The listing is for a four-bedroom house offered with an existing tenant, while the developer's project sales are closed. This is the lowest current market anchor we found, not a developer price list; availability, house condition, tenancy terms and the final deal price must be checked for the selected property.
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THE SONNE Srinakarin - BangnaThailand
Villa

THE SONNE Srinakarin - Bangna

Bangkok
AP Thailand
Based on developer materialCompleted
Three-storey semi-detached duplex home · 3 floors · 56 units
From 10,000,000 THBAvailability and price confirmed personallyFrom THB 10.0M in active resale listings checked on 10 Sep 2026. This is a lower asking-price anchor, not a developer price; the individual house, plot size, condition, furnishing, registered rights and transaction terms need separate verification.
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Baan Klang Muang Ratchada - Mengjai 1Thailand
Townhouse

Baan Klang Muang Ratchada - Mengjai 1

Bangkok
AP (Thailand)
Based on developer materialCompleted
Urban townhouse community · 200 units
From 5,300,000 THBAvailability and price confirmed personallyFrom THB 5.3M in DDproperty's current resale results, based on a listing published on 28 July 2026. This is a lower secondary-market anchor rather than a developer price; availability, house condition and the final negotiated figure need to be checked for the selected property.
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Baan Klang Muang S-Sense Onnuch-WongwanThailand
Townhouse

Baan Klang Muang S-Sense Onnuch-Wongwan

Bangkok
AP (Thailand)
Based on developer materialCompleted
Gated townhome community · 338 units
From 2,530,000 THBAvailability and price confirmed personallyFrom THB 2.53M based on an active PropertyHub resale listing refreshed on 11 September 2026. This is a lower current-market anchor for one specific house, not a developer price or a promise that comparable stock is available; condition, plot, title documents, seller and final price need to be checked for the selected property.
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Baan Klang Muang S-Sense Rama 9-LadpraoThailand
Townhouse

Baan Klang Muang S-Sense Rama 9-Ladprao

Bangkok
AP (Thailand)
Based on developer materialCompleted
Three-storey urban townhouse community · 3 floors · 303 units
From 6,000,000 THBAvailability and price confirmed personallyFrom THB 6.0M in a recent resale listing refreshed on 7 September 2026. This is a lower verified asking-price anchor in the current secondary market, not a developer price; availability, condition and deal terms must be checked for the specific house.
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Life Asoke Rama 9Thailand
Condominium

Life Asoke Rama 9

Bangkok
AP (Thailand)
Based on developer materialCompleted
Completed twin-tower high-rise condominium · 46 floors · 2248 units
From 3,040,000 THBAvailability and price confirmed personallyFrom THB 3.04M on DDproperty as of 15 Sep 2026. This is a lower anchor from active resale listings, not a developer price; availability, condition, ownership eligibility and unit-specific terms require separate confirmation.
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Aspire RatchayothinThailand
Condominium

Aspire Ratchayothin

Bangkok
AP Thailand
Based on developer materialCompleted
Low-rise urban condominium · 8 floors · 633 units
From 3,185,000 THBAvailability and price confirmed personallyFrom THB 3.185M based on an active DDproperty asking listing dated 15 Aug 2026. This is a lower resale-market anchor, not developer inventory: AP Thailand now marks the project sold out. The exact unit, condition, ownership quota and final deal terms need to be checked separately.
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Life Asoke HypeThailand
Condominium

Life Asoke Hype

Bangkok
AP Thailand
Based on developer materialCompleted
Residential high-rise · 40 floors · 1253 units
From 3,370,000 THBAvailability and price confirmed personallyFrom THB 3.37M in an active DDproperty resale listing posted on 15 Sep 2026 and checked on 20 Sep 2026. This is a lower secondary-market asking-price anchor, not a developer price; availability, unit condition, foreign-quota eligibility and transaction terms must be confirmed for the selected unit.
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Frequently asked questions

Is AP Thailand a listed company?

Yes. AP (Thailand) Public Company Limited is listed on the Stock Exchange of Thailand under ticker AP; SET records its listing date as 30 September 1992.

Are all AP condominiums developed with Mitsubishi Estate?

No. AP reports both its own condominium projects and joint-venture condominiums as separate categories. The buyer should check the legal project company for the exact development rather than assume Mitsubishi Estate is involved in every AP condo.

What budget does an AP property require?

The range is broad. As of 24 August 2026, AP's website showed condominiums from about THB 1.79 million, townhomes from about THB 1.49 million and detached houses from about THB 4 million, with premium houses reaching many tens of millions of baht. The relevant number is the live price of the selected unit, not the lowest brand-level headline price.

Does AP operate only in Bangkok?

No. Bangkok and its metropolitan area are the core market, but AP also reports developments in major provincial cities and further provincial expansion.

Does AP's stock-market listing make a purchase low-risk by itself?

No. Listing, audited accounts and a credit rating improve group-level transparency, but the buyer still carries specific to the project risks around contract terms, construction, handover quality and the resale or rental depth of the chosen location.

Sources

Sources are named for independent checking. NovAsia does not publish outbound links.

  1. The Stock Exchange of Thailand · AP Factsheet — issuer and listing information · 24.08.2026
  2. AP (Thailand) Public Company Limited · AP (Thailand) Investor Relations — 1H2026 performance highlights · 24.08.2026
  3. The Stock Exchange of Thailand · Financial Performance Yearly 2025, F45, audited · 24.08.2026
  4. AP (Thailand) Public Company Limited · AP Thailand and Mitsubishi Estate: 12 years of partnership · 24.08.2026
  5. AP (Thailand) Public Company Limited · AP Thailand: corporate strategy and 32 joint-venture condominium projects · 24.08.2026
  6. AP (Thailand) Public Company Limited · AP condominiums: current starting prices and segments · 24.08.2026
  7. AP (Thailand) Public Company Limited · AP detached houses: current price bands · 24.08.2026
  8. AP (Thailand) Public Company Limited · AP townhomes: current price bands · 24.08.2026