NovAsia

Eastern Star Real Estate

Eastern Star Real Estate is a Thai public property developer founded in 1989 and listed on the Stock Exchange of Thailand since 1994. It began in Ban Chang, Rayong, then expanded into Bangkok and the surrounding metropolitan area from 2004. NovAsia currently links one Bangkok project to the company, Quintara MHy'GEN Ratchada–Huai Khwang, but the developer itself has a much longer operating history.

Bangkok

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

Overview

Eastern Star Real Estate is a Thai public property developer founded in 1989 and listed on the Stock Exchange of Thailand since 1994. It began in Ban Chang, Rayong, then expanded into Bangkok and the surrounding metropolitan area from 2004. NovAsia currently links one Bangkok project to the company, Quintara MHy'GEN Ratchada–Huai Khwang, but the developer itself has a much longer operating history.

Track record

The company's official history records its Rayong origins in 1989, its move into Bangkok development in 2004 and the launch of the Quintara residential brand in 2018. Eastern Star has worked across both condominium and low-rise housing formats, while the Huai Khwang project has its own developer page and a separate record in Thailand's government EIA database. For a buyer, the useful point is that key parts of the developer's history and project trail can be checked outside the sales presentation.

Segments and prices

For Quintara MHy'GEN Ratchada–Huai Khwang, the developer's current project page advertises prices from THB 2.59 million. The scheme has 383 units across two eight-storey buildings, with layouts from 21 to 42 sq m, and Home.co.th showed the same starting price in its 28 May 2026 update. By entry price, this project sits toward the more accessible end of Bangkok's urban condo market, but that should not be treated as the price profile of every Eastern Star development; live stock and unit pricing still need to be reconfirmed.

Geography

Eastern Star's original base is Ban Chang in Rayong, where the company grew alongside development of Thailand's Eastern Seaboard. It has also developed in Bangkok since 2004. Quintara MHy'GEN sits on Ratchadaphisek Soi 12 in Huai Khwang, with the developer stating a distance of about 350 metres to Huai Khwang MRT.

Reliability and public record

Eastern Star remains a public company with a current SEC profile and ongoing regulatory filings, which improves corporate transparency but does not guarantee the quality of any individual property purchase. Thailand's government EIA database names Eastern Star Real Estate Public Company Limited as the owner of Quintara MHy'GEN and records approval dated 18 February 2022. The developer's project page reported structural, architectural and building-systems work at 100% as of 21 September 2024, while Home.co.th marked the project completed in May 2026; buyers should still verify condominium registration and the documents for the specific unit.

What to verify

For a 2026 purchase at Quintara MHy'GEN, first establish whether the unit is being sold directly by Eastern Star or as a resale, and confirm that the seller named in the sale agreement matches the title and project documents. A foreign buyer should separately verify the remaining foreign freehold quota for the chosen unit, payment route, transfer conditions, taxes and fees, common-area charges and any one-off building fund contribution. Because the last construction-progress date shown on the developer page is 21 September 2024, request current condominium registration, unit title, encumbrance and handover documents rather than treating a 100% construction figure as proof that the transfer file is complete.

Frequently asked questions

Is Eastern Star Real Estate a one-project developer?

No. The single project refers only to NovAsia's current catalogue entry for this profile. The company's documented history dates to 1989, and it has been developing in Bangkok since 2004.

Is Quintara MHy'GEN Ratchada–Huai Khwang completed?

Eastern Star's project page shows structural, architectural and building-systems work at 100% as of 21 September 2024. Home.co.th, updated on 28 May 2026, marks the development as completed. For a purchase, that is not the end of due diligence: confirm condominium registration, the specific unit title and transfer-ready documentation.

Does Eastern Star's listed-company status make a purchase safe?

No. Public-company status makes corporate filings and disclosures easier to check, but it does not replace due diligence on the sale agreement and the chosen unit. Foreign quota, encumbrances, payment terms and transfer conditions remain transaction-specific.

Sources

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

  1. Eastern Star Real Estate PCL · Eastern Star Real Estate — company history and business activities · 26.08.2026
  2. Eastern Star Real Estate PCL · Quintara MHy'GEN Ratchada–Huai Khwang — official project page · 26.08.2026
  3. Securities and Exchange Commission, Thailand · Eastern Star Real Estate Public Company Limited company profile · 26.08.2026
  4. Office of Natural Resources and Environmental Policy and Planning — Smart EIA Plus · Government EIA record for Quintara MHy'GEN Ratchada–Huai Khwang · 26.08.2026
  5. Home.co.th · Quintara MHy'GEN Ratchada–Huai Khwang — project profile updated 28 May 2026 · 26.08.2026
  6. Stock Exchange of Thailand · Eastern Star Real Estate — ESTAR listed-company profile · 26.08.2026