NovModern 15 Co., Ltd.
Modern 15 Co., Ltd. is an active Thai company registered in Chonburi on 18 January 2017. Thailand's Smart EIA Plus database identifies the company as the project owner of Avenue Boutique Condominium in Pattaya. That official link is more useful to a buyer than inconsistent developer labels on property portals, but the contracting seller and payment beneficiary should still be checked against the actual sale documents.
A company name is not a recommendation. Check the project company, contract and selected unit before reservation.
Overview
Modern 15 Co., Ltd. is an active Thai company registered in Chonburi on 18 January 2017. Thailand's Smart EIA Plus database identifies the company as the project owner of Avenue Boutique Condominium in Pattaya. That official link is more useful to a buyer than inconsistent developer labels on property portals, but the contracting seller and payment beneficiary should still be checked against the actual sale documents.
Track record
The public record for Modern 15 as a legal entity is relatively thin. Smart EIA Plus associates it with two approved reports, Avenue Boutique Condominium and Grand Avenue Hotel. That establishes documented involvement in more than one property, but it is not evidence of a completed residential delivery record. Marketing claims that connect individual promoters with other Pattaya developments should not automatically be treated as projects completed by Modern 15 itself.
Segments and prices
The verified offer is currently concentrated in a central-Pattaya low-rise condominium rather than a broad multi-segment portfolio. Avenue Boutique's official sales site lists studios from THB 2.9 million, one-bedroom units from THB 3.7 million and two-bedroom units from THB 6.81 million, with layouts extending from about 25.65 sq m to 84.50 sq m. These are marketing prices observed on the access date, so buyers should request the live unit sheet and a complete fee schedule before reserving.
Geography
Modern 15's verifiable footprint is local to Pattaya in Chonburi. Avenue Boutique is recorded on Soi Buakhao 15 in Bang Lamung, while the company's registered address is also in Nong Prue, Bang Lamung. The available evidence does not support presenting Modern 15 as a nationwide Thai developer.
Reliability and public record
The strongest evidence is regulatory rather than promotional: Smart EIA Plus names Modern 15 as Avenue Boutique's project owner, records EIA approval dated 17 June 2025 and shows the project as approved/permitted for construction and under construction. The caution is that Modern 15 has a limited publicly verifiable completion history under its own legal name, while some property portals attribute the development to Cosy Beach View. Buyers should therefore rely on the transaction documents, current construction evidence and contractual protections rather than brand reputation alone.
What to verify
Before paying a reservation, verify the seller's and developer's full legal names and registration details in the contract, the payment-account beneficiary, land title and encumbrances, EIA documentation and the relevant construction approval. A foreign buyer also needs to confirm that foreign freehold quota remains available: under the current condominium rules, foreign ownership is capped at 49% of the condominium's aggregate unit area. The contract should clearly cover instalments, handover timing, delay remedies, unit specifications, defect handling, common-area fees and sinking-fund charges. The foreign-ownership certificate should be checked again before title transfer.
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.
ThailandAvenue Boutique Condominium
Frequently asked questions
Is Modern 15 actually the developer behind Avenue Boutique Condominium?
Smart EIA Plus officially records Modern 15 Co., Ltd. as the project owner of Avenue Boutique Condominium. That is the strongest public evidence linking the company to the development. Some listing portals use Cosy Beach View instead, so the sale contract should still be checked for the exact seller, signatory and payment beneficiary.
Does Modern 15 have a verified record of completed projects?
Public evidence is not strong enough to publish a confident list of completed residential projects under this legal entity. The government database links Modern 15 to Avenue Boutique Condominium and Grand Avenue Hotel, but an approved report is not the same as proof of completed delivery. Buyers assessing track record should ask for completed-project references supported by handover or completion documents.
Can a foreign buyer own an Avenue Boutique unit freehold?
A foreign buyer can own a unit in a registered Thai condominium if the statutory conditions are met and foreign quota is still available. Foreign ownership is limited to 49% of the condominium's total unit area. Quota availability for the specific purchase should be confirmed before committing and checked again before transfer.
What does the project's EIA approval tell a buyer?
It confirms that Avenue Boutique passed the applicable environmental-impact review, and Smart EIA Plus also shows the development as approved/permitted for construction and under construction. This is useful regulatory evidence, but it does not guarantee the completion date, build quality, developer finances or performance of an individual sale contract.
Sources
Sources are named for independent checking. NovAsia does not publish outbound links.
- Office of Natural Resources and Environmental Policy and Planning (ONEP) · Smart EIA Plus — Modern 15 Co., Ltd. project-owner record · 27.08.2026
- Office of Natural Resources and Environmental Policy and Planning (ONEP) · Smart EIA Plus — Avenue Boutique Condominium, report 256801-19 · 27.08.2026
- Avenue Boutique Official · Avenue Boutique Official — project specifications, unit types, pricing and payment terms · 27.08.2026
- Thailand.go.th / Government Public Relations Department · Thailand Government — foreign ownership of a condominium unit · 27.08.2026
- Keller Henson · Keller Henson — Avenue Boutique listing naming Modern 15 · 27.08.2026
- FazWaz · FazWaz — Avenue Boutique listing with alternative Cosy Beach View attribution · 27.08.2026