NovAsia

AssetWise

AssetWise gives buyers a level of corporate visibility that is not available with many smaller private developers: its financial statements, exchange filings and corporate history can be checked independently of project marketing. AssetWise Public Company Limited is a holding company whose subsidiaries and joint ventures develop condominiums as well as houses, townhomes and home offices, and its shares have traded on the Stock Exchange of Thailand under the ASW ticker since 28 April 2021. The business dates back to 2005 and was converted into a public limited company in 2020. That disclosure framework is useful due-diligence material, but it does not replace checking the specific legal entity named in a project's sale contract.

Pattaya, Bangkok · 15 linked projects
Sections 6

A company name is not a recommendation. Check the project company, contract and selected unit before reservation.

Track record

AssetWise has a track record that can be reconstructed through dated corporate disclosures rather than only through its current sales catalogue. Its official history records, among other milestones, the 2020 launches of Modiz Rhyme Ramkhamhaeng and Modiz Launch, while the company's current website states that the group has created more than 80 residential projects over 21 years; the latter is a company-reported portfolio figure rather than an independent count. The scale is also visible in reported financials: consolidated 2025 revenue was THB 9,465.86 million and profit attributable to owners of the parent was THB 1,077.66 million. Reviewed results for the first six months of 2026 reported attributable profit of THB 792.47 million.

Segments and prices

AssetWise is best known for a multi-brand condominium business rather than a single product tier. TRIS Rating has described the company as strengthening its position in the middle- to lower-priced condominium segments and specifically noted the KAVE, ATMOZ and MODIZ brands among products gaining traction with university students and young professionals. There is nevertheless no meaningful group-wide price band: current marketing spans campus-oriented units advertised from THB 1.39 million through to Aquarous Jomtien Pattaya, shown on AssetWise's website from THB 4.21 million on 24 August 2026, with larger and more specialised units priced materially higher. A quoted starting price should therefore be treated as a snapshot of current inventory and promotions, not as a stable benchmark for the brand.

Geography

Bangkok and its metropolitan area remain the historical core of AssetWise, with projects built around university districts, transit corridors and established residential locations. The group has also expanded into Thailand's Eastern Economic Corridor and Pattaya: Aquarous Jomtien Pattaya in Chonburi is an AssetWise development comprising two high-rise buildings and 606 residential units. At group level the footprint extends further through Rhom Bho Property Public Company Limited, the subsidiary behind the TITLE business in Phuket. Buyers should keep the distinction between group geography and project-level contracting entities in mind, because the consumer-facing brand, project company and entity receiving purchase funds are not necessarily the same.

Reliability and public record

AssetWise offers several independently checkable indicators of corporate transparency: the ASW listing on the Stock Exchange of Thailand, recurring financial disclosures and audited annual accounts. Its 2025 financial statements carried an unqualified audit opinion, while Q2 and H1 2026 figures were released as reviewed interim results. On 13 July 2026, TRIS Rating upgraded AssetWise's corporate credit rating from BBB- to BBB and moved the outlook from Positive to Stable, an action also recorded by the Thai Bond Market Association. These are useful signals when assessing the group, but neither a stock-exchange listing nor a credit rating guarantees completion timing, construction quality, rental performance or the buyer's contractual remedies on an individual project.

What to verify

For an AssetWise purchase, the first specific to the project question is which legal entity actually develops the property and signs the sale agreement. The group operates through numerous subsidiaries, joint ventures and project companies, so the AssetWise name used in marketing may not be the contractual counterparty. On an off-plan purchase, compare the contractual handover date with the project's permits, environmental approval where applicable and published construction progress. A foreign buyer should also confirm that the selected condominium unit is available within the foreign ownership quota and obtain clear instructions for the remittance evidence required at transfer. Before paying a reservation, check what the quoted price includes, common-area and sinking-fund charges, cancellation terms, delay remedies, specification of the delivered unit and the contractual basis of any rental or management promise.

Projects in the NovAsia catalogue

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

Atmoz Oasis OnnutThailand
Condominium

Atmoz Oasis Onnut

Bangkok
AssetWise
Based on developer materialCompleted
Low-rise residential condominium · 8 floors · 1108 units
From 1,744,000 THBAvailability and price confirmed personallyFrom THB 1.744M at the lower end of current DDproperty and PropertyHub asking prices as of 28 Aug 2026. This is a resale-market anchor, not a project-wide price; the seller, unit availability and full transaction terms need separate confirmation.
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Atmoz Season LadkrabangThailand
Condominium

Atmoz Season Ladkrabang

Bangkok
AssetWise
Based on developer materialCompleted
Low-rise residential condominium · 8 floors · 706 units
From 1,590,000 THBAvailability and price confirmed personallyFrom THB 1.59M under AssetWise's official terms checked on 28 August 2026. The price is tied to promotional one-bedroom units C0728 and C0827; the exact unit, final price, discounts and transfer terms need to be confirmed separately.
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Atmoz Tropicana BangnaThailand
Condominium

Atmoz Tropicana Bangna

Bangkok
AssetWise
Based on developer materialCompleted
Low-rise residential condominium · 8 floors · 1101 units
From 1,590,000 THBAvailability and price confirmed personallyFrom THB 1.59M in PropertyHub's live sale feed on 27 August 2026. This is a resale asking-price anchor, not a verified transaction price. The specific unit, seller, availability, condition and transfer terms need to be checked separately with a specialist.
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IVORY Ratchada–LadpraoThailand
Condominium

IVORY Ratchada–Ladprao

Bangkok
AssetWise
Based on developer materialCompleted
Low-rise residential · 8 floors · 204 units
From 2,290,000 THBAvailability and price confirmed personallyFrom THB 2.29M in active resale inventory checked on 28 August 2026. The lowest-priced unit is about 24.9 sqm, and one current listing at that level is being sold with a tenant in place until 31 October 2026. This is a market anchor rather than a project-wide fixed price; the selected unit, legal status, availability and final terms need separate confirmation.
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KAVE Ally ChaengwattanaThailand
Condominium

KAVE Ally Chaengwattana

Bangkok
AssetWise
Based on developer materialUnder construction
Low-rise campus condominium · 8 floors · 447 units
From 1,790,000 THBAvailability and price confirmed personallyFrom THB 1.79M in a published review dated 1 August 2026. This is a lower public reference only; availability, price and terms for the selected unit need separate confirmation before reservation.
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Maroon Ratchada 32Thailand
Condominium

Maroon Ratchada 32

Bangkok
AssetWise
Based on developer materialCompleted
Low-rise residential condominium · 8 floors · 353 units
From 1,957,000 THBAvailability and price confirmed personallyFrom THB 1.957M in a PropertyHub listing refreshed on 26 Aug 2026. This is the lower visible listing-market anchor, not an AssetWise price; availability, condition, seller and terms for the selected unit require separate confirmation.
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Modiz Rhyme RamkhamhaengThailand
Condominium

Modiz Rhyme Ramkhamhaeng

Bangkok
AssetWise
Based on developer materialCompleted
High-rise residential condominium with lifestyle retail · 30 floors · 546 units
From 2,590,000 THBAvailability and price confirmed personallyFrom THB 2.59M on DDproperty, checked on 28 Aug 2026. This is a lower anchor from current resale listings; the selected unit, seller, availability, ownership form and final terms need separate confirmation with a specialist.
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Modiz Sukhumvit 50Thailand
Condominium

Modiz Sukhumvit 50

Bangkok
AssetWise
Based on developer materialCompleted
Three-tower high-rise residential condominium · 582 units
From 2,300,000 THBAvailability and price confirmed personallyFrom THB 2.3M in a live PropertyHub listing updated on 24 August 2026. This is a lower resale-market anchor, not one project-wide asking price: the specific unit, seller, availability, condition, foreign-quota status and transaction terms need to be checked separately. AssetWise also publishes its own 2026 terms for selected remaining units, so developer stock and resale stock should not be treated as one inventory pool.
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Modiz Vault Kaset–SripatumThailand
Condominium

Modiz Vault Kaset–Sripatum

Bangkok
AssetWise
Based on developer materialCompleted
Two-building residential condominium with pet-friendly low-rise building · 21 floors · 798 units
From 2,550,000 THBAvailability and price confirmed personallyFrom THB 2.55M on PropertyHub for a 23.12 sqm one-bedroom unit, with the listing refreshed on 27 Aug 2026. This is the lowest clean full-price market anchor found among current listings that could be opened and checked. Lower headline figures around THB 2.09M–2.17M in some posts refer to older contract positions, down-payment assignments or the remaining amount due at transfer, so they are not treated as comparable full purchase prices. Stock, deal structure and the final amount for a selected unit need separate confirmation.
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Atmoz Palacio Ladprao–WanghinThailand
Condominium

Atmoz Palacio Ladprao–Wanghin

Bangkok
AssetWise
Based on developer materialCompleted
Residential low-rise · 8 floors · 757 units
From 1,990,000 THBAvailability and price confirmed personallyFrom THB 1.99M on AssetWise’s live project page as of 30 August 2026. This is a published developer entry price, not a promise that a particular unit remains available; the selected residence, price, foreign quota status and transaction terms need to be reconfirmed. Current ready-unit listings marked for foreign quota are appearing from roughly THB 2.57M.
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Kave Luminous BangmodThailand
Condominium

Kave Luminous Bangmod

Bangkok
AssetWise
Based on developer materialCompleted
Low-rise residential condominium near KMUTT · 8 floors · 516 units
From 2,330,000 THBAvailability and price confirmed personallyFrom THB 2.33M in a current PropertyHub sale listing refreshed on 29 August 2026. This is a lower public resale-market anchor, not a guaranteed developer price; the exact unit, availability, condition, ownership form and final terms need a separate check.
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Kave Playground Ladprao–BodindechaThailand
Condominium

Kave Playground Ladprao–Bodindecha

Bangkok
AssetWise
Based on developer materialUnder construction
Campus low-rise condominium · 8 floors · 515 units
From 2,390,000 THBAvailability and price confirmed personallyFrom THB 2.39M: this figure was still carried by public project coverage updated in 2026 and matches AssetWise's advertised launch level. It is a lower public price anchor, not confirmation that stock remains at that price on 30 August 2026; the chosen unit, availability, final price and terms require a fresh check.
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Modiz Voyage SrinakarinThailand
Condominium

Modiz Voyage Srinakarin

Bangkok
AssetWise
Based on developer materialUnder construction
High-rise condominium with residential, business and retail units · 37 floors · 813 units
From 2,390,000 THBAvailability and price confirmed personallyFrom THB 2.39M, used here as the lower public price anchor seen in 2026 project materials and the current AssetWise project catalogue. Checked on 30 Aug 2026. The exact unit, remaining stock, ownership form and final transaction terms need a fresh confirmation.
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Atmoz Ladprao 71Thailand
Condominium

Atmoz Ladprao 71

Bangkok
AssetWise
Based on developer materialCompleted
Low-rise residential condominium · 8 floors · 740 units
From 1,450,000 THBAvailability and price confirmed personallyFrom THB 1.45M in active resale listings checked on 20 Sep 2026. This is a lower asking-price anchor from the open market, not a confirmed transaction price; the specific unit, availability, condition, ownership status and transfer terms need to be checked separately.
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Aquarous Jomtien Pattaya, PattayaThailand · renderDeveloper materials
Condominium

Aquarous Jomtien Pattaya

Pattaya
AssetWise
Based on developer materialUnder construction
High-rise twin-tower residential condominium · 606 units
From 4,190,000 THBAvailability and price confirmed personallyFrom THB 4.19M based on a current DDproperty listing for a 34.7 sqm one-bedroom unit checked on 15 August 2026. This is a lower market anchor, not a guaranteed foreign-quota price. AssetWise's own current terms separately show THB 4.21M for four specified one-bedroom units and explicitly state that this offer is for the Thai quota only. Availability, quota status and the final price of the selected unit need to be confirmed before reservation.
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Frequently asked questions

Is AssetWise a publicly listed developer?

Yes. AssetWise Public Company Limited has been listed on the Stock Exchange of Thailand since 28 April 2021 under ticker ASW. The listing provides access to exchange filings and financial statements, but buyers still need to review the individual project's contract and developer entity.

Are AssetWise and TITLE the same developer?

Not exactly. Rhom Bho Property Public Company Limited, associated with the TITLE developments in Phuket, is identified in current AssetWise disclosures as a subsidiary of the group. For a purchase, the specific project company and contractual counterparty matter more than group branding alone.

Does AssetWise develop only in Bangkok?

No. Bangkok and the metropolitan area remain central to the business, but AssetWise has also expanded into the Eastern Economic Corridor and Pattaya. The wider group additionally has a substantial Phuket presence through TITLE.

What price segment does AssetWise target?

There is no single price tier across the group. A substantial part of AssetWise's condominium business has historically competed in affordable and mid-market segments, while the company also develops higher-ticket products such as Aquarous Jomtien Pattaya. Buyers will get a more useful comparison from the specific project, unit size and current inventory than from the group name alone.

Does the SET listing make an AssetWise purchase automatically safe?

No. The SET listing makes the group's finances and material corporate events more transparent, but a buyer's rights still depend on the sale agreement, project company and property documentation. Those items require separate project-level due diligence.

Sources

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

  1. The Stock Exchange of Thailand · ASW Factsheet: business type, establishment and listing dates, financial-reporting status · 24.08.2026
  2. AssetWise Public Company Limited · AssetWise corporate history: establishment, public-company conversion and development milestones · 24.08.2026
  3. AssetWise Public Company Limited · AssetWise group structure and business activities · 24.08.2026
  4. The Stock Exchange of Thailand · 2025 results: revenue, profit and audited financial reporting · 24.08.2026
  5. The Stock Exchange of Thailand / AssetWise Public Company Limited · Q2 and H1 2026 operating results · 24.08.2026
  6. AssetWise Public Company Limited / Thai Bond Market Association · AssetWise corporate credit rating upgraded to BBB with Stable outlook, 13 July 2026 · 24.08.2026
  7. AssetWise Public Company Limited · Aquarous Jomtien Pattaya: project specifications, location and construction progress · 24.08.2026
  8. AssetWise Public Company Limited · Current AssetWise project catalogue and advertised starting prices · 24.08.2026