NovCapstone Asset
Capstone Asset is a Bangkok-based Thai real estate developer and investor founded in 2019, with activity across residential, hospitality and commercial property. Its key current Phuket development is PEYLAA Phuket, Autograph Collection Residences. The project materials identify a separate project company, Capstone Asset Phuket Cherngtalay Co., Ltd., registration no. 0105566213897, as PEYLAA’s legal developer.
A company name is not a recommendation. Check the project company, contract and selected unit before reservation.
Overview
Capstone Asset is a Bangkok-based Thai real estate developer and investor founded in 2019, with activity across residential, hospitality and commercial property. Its key current Phuket development is PEYLAA Phuket, Autograph Collection Residences. The project materials identify a separate project company, Capstone Asset Phuket Cherngtalay Co., Ltd., registration no. 0105566213897, as PEYLAA’s legal developer.
Track record
The clearest independently corroborated corporate track record is Tonson One Residence in Bangkok, launched as a joint development between Capstone Asset and Asset Five in 2019. Capstone’s own portfolio also features Canvas Ploenchit, Cooper Siam, Vana Residence, the Quarter Collection, Kimpton Kitalay Samui and PEYLAA. Buyers should distinguish the incorporated company’s record from broader team or partnership experience, because some portfolio items shown by Capstone pre-date the company’s 2019 incorporation.
Segments and prices
Capstone’s positioning is concentrated in premium and luxury residential property, branded residences and mixed-use development, alongside hospitality and commercial assets. As specific to the project reference points, Tonson One Residence launched from THB 20 million in 2019, while CBRE quoted PEYLAA Phuket from THB 7.2 million in June 2026. Those figures are dated project prices rather than a standing developer-wide price range.
Geography
Capstone Asset is headquartered in Bangkok. Its published portfolio spans Bangkok and resort markets including Koh Samui and Phuket. PEYLAA is being developed in the Bang Tao–Cherngtalay area of Thalang, Phuket, so buyers should assess the Phuket scheme on its own project-company, construction and operating documents rather than assuming the Bangkok track record automatically transfers to it.
Reliability and public record
Capstone has an identifiable Thai company, named management and a documented partnership track record. PEYLAA also has a separately identified project entity: Thailand’s Smart EIA Plus database links Capstone Asset Phuket Cherngtalay Co., Ltd. to two PEYLAA Cherngtalay environmental-review records, one marked approved and the other as a final report received into the system. CBRE independently confirms the 408-residence scheme, active sales and a Q4 2027 completion target, while the project site publishes August 2026 construction updates. The limitation is disclosure depth: Capstone is not a listed developer with the same mandatory reporting burden, and PEYLAA remains under construction. Autograph Collection branding should not be confused with Marriott being the developer or seller; the project states that the trademarks are used under license.
What to verify
Before paying a reservation, match the seller and developer named in the sale-and-purchase agreement to the project company and confirm its relationship with Capstone Asset Co., Ltd.; PEYLAA’s materials name Capstone Asset Phuket Cherngtalay Co., Ltd. Buyers should also verify land title and current encumbrances with the Land Office, permits and environmental approval, the construction timetable and contractual remedies for delay. Foreign purchasers need unit-specific foreign-quota confirmation and a payment trail that supports freehold registration. For a branded residence, review the term and termination mechanics of the Autograph Collection license, Marriott’s actual management scope, which services depend on the later hotel phase, and all common-area, sinking-fund, management and rental-program charges.
Projects in the NovAsia catalogue
This list is assembled from the project registry by the developer identifier; it is not a claim of a complete corporate portfolio.
ThailandPEYLAA Phuket, Autograph Collection Residences
Frequently asked questions
Is Capstone Asset the same legal entity as the PEYLAA developer?
No. Capstone Asset is the developer group and brand, while PEYLAA’s materials identify Capstone Asset Phuket Cherngtalay Co., Ltd., registration no. 0105566213897, as the legal project developer. The project-company and contractual seller details are the ones a buyer should verify before payment.
Does Marriott develop or sell PEYLAA Phuket?
No. PEYLAA is part of the Autograph Collection Residences portfolio and is planned to have Marriott-linked residential management, but the project disclaimer states that Marriott is not the owner, developer, promoter or seller. The project company uses the Autograph Collection trademarks under license.
How much of Capstone Asset’s track record is independently verifiable?
Capstone publishes a sizeable portfolio across team-led and partnership developments, but not every item is equally easy to attribute to the incorporated company on a standalone basis. Tonson One Residence is clearly corroborated by both Capstone and Asset Five. For PEYLAA, the stronger due-diligence approach is to focus on the project company, approvals, construction progress and sale contract rather than relying on a headline portfolio figure.
Sources
Sources are named for independent checking. NovAsia does not publish outbound links.
- Capstone Asset · Capstone Asset — company history, team and published portfolio · 26.08.2026
- DataForThai · Capstone Asset Co., Ltd. — registration details and incorporation date · 26.08.2026
- PEYLAA Phuket · PEYLAA Phuket, Autograph Collection Residences — official project site, developer, branding and construction updates · 26.08.2026
- PEYLAA Phuket / Capstone Asset · PEYLAA Phuket — official brochure: project entity, project details and brand-license disclaimer · 26.08.2026
- Office of Natural Resources and Environmental Policy and Planning (ONEP) · Capstone Asset Phuket Cherngtalay Co., Ltd. — project-owner record in Thailand’s public environmental-review database · 26.08.2026
- CBRE Thailand · CBRE Thailand — PEYLAA Phuket launch, 408 residences, pricing and completion target · 26.08.2026
- Asset Five Group Public Company Limited · Asset Five — joint launch of Tonson One Residence with Capstone Asset · 26.08.2026
- Marriott International · Autograph Collection Residences — PEYLAA Phuket in the official Marriott Residences portfolio · 26.08.2026