NovNoble Development
Noble Development has a corporate history that extends well beyond the projects currently being marketed. The company was established in 1991 and its shares have traded on the Stock Exchange of Thailand since 12 June 1997 under ticker NOBLE. Its core activities are residential property development, supported by rental, service and property-related businesses. For a buyer, the main practical benefit of listed-company status is disclosure: financial statements and material announcements are publicly available, although a SET listing is not a guarantee that every individual development will be delivered without delay or defects.
A company name is not a recommendation. Check the project company, contract and selected unit before reservation.
Overview
Noble Development has a corporate history that extends well beyond the projects currently being marketed. The company was established in 1991 and its shares have traded on the Stock Exchange of Thailand since 12 June 1997 under ticker NOBLE. Its core activities are residential property development, supported by rental, service and property-related businesses. For a buyer, the main practical benefit of listed-company status is disclosure: financial statements and material announcements are publicly available, although a SET listing is not a guarantee that every individual development will be delivered without delay or defects.
Track record
Noble's corporate overview records 66 residential projects launched by the end of 2022. Eight were launched before 2002 with an aggregate project value of THB 4.877 billion, while another 58 were launched from 2002 through 2022 with an aggregate value of THB 127.933 billion; the mix included condominiums, detached houses, townhouses and land plots. In 2019 Noble entered its first development joint venture with Hongkong Land for a Wireless Road residential scheme valued at more than THB 10 billion. This history demonstrates experience across both wholly controlled and partnership structures, but buyers should still identify the exact project company and contractual counterparty for the unit they are considering.
Segments and prices
Noble describes its residential strategy as spanning affordable through high-end housing, and its current catalogue reflects a broad price ladder. Official listings include NUE-branded units advertised from roughly THB 1.19–1.79 million, while Noble Form Thonglor was running an August 2026 promotion at THB 165,000 per sq.m. with a specified one-bedroom configuration starting at THB 7.79 million. These figures are project- and campaign-specific rather than a single Noble price band. Eligibility also matters: the current Form Thonglor promotion is stated to be for Thai citizens, while Noble Create's advertised offer is available to Thai buyers and foreigners holding a Thai work permit.
Geography
Noble's active footprint is concentrated in Bangkok and the wider metropolitan corridors around it. Its current directory spans central districts such as Thonglor and Ari, major commercial or transit areas including Rama 9, Bangna, Srinakarin and Don Mueang, and outer-market locations such as Khu Khot and Ratburana. That matters because projects under the same developer name can sit in very different rental and resale markets. The official catalogue also lists Noble Sonsamran Hua Hin, so the group is not exclusively a Bangkok developer, even though Bangkok remains the core of its current residential offering.
Reliability and public record
Noble has one due-diligence advantage that many private developers do not: a long public reporting trail and mandatory stock-exchange disclosures. The group reported 2025 net profit of THB 593.14 million on revenue of THB 7.59 billion, but for the first six months of 2026 it reported a net loss of THB 369.03 million on revenue of THB 2.63 billion. It is therefore more accurate to treat financial strength as something buyers can monitor rather than label Noble simply 'reliable'; the latest trend is mixed and deserves attention for large off-plan commitments. Buyers should also remember that an individual project may be owned by a subsidiary or joint-venture vehicle rather than Noble Development Public Company Limited itself.
What to verify
Start by identifying the legal entity that owns the land, signs the sale contract and receives the buyer's money. That is particularly relevant with Noble: Noble Create is owned and operated by Majestic Park Company Limited, while Noble Form Thonglor is registered by Noble Development Public Company Limited, and the group also uses joint-venture structures with outside partners. For an off-plan or recently completed condominium, verify condominium registration, key permits, the project's land encumbrance and how that encumbrance is released before title transfer; Noble's own project disclosures state when land or units are subject to financing obligations. Foreign buyers should also obtain written confirmation that the chosen unit and promotion are actually available to them, because current advertised campaigns can be restricted by nationality or work-permit status.
Frequently asked questions
Is Noble Development a listed company?
Yes. Noble Development Public Company Limited has traded on the Stock Exchange of Thailand under ticker NOBLE since 12 June 1997. That gives buyers access to regular public disclosures, but it does not replace project- and contract-level due diligence.
Will my contract always be directly with Noble Development?
No. The legal structure varies by project: Noble Create, for example, is held by Majestic Park Company Limited, while other developments may use joint-venture entities. Buyers should therefore match the marketing brand to the legal seller named in the contract.
What price segment does Noble target?
The group does not operate in a single price tier. Its official catalogue includes more accessible NUE projects advertised from roughly THB 1.19–1.79 million as well as higher-priced central Bangkok developments; the current Noble Form Thonglor campaign quotes THB 165,000 per sq.m. and THB 7.79 million for a specified one-bedroom type. Buyers should compare the actual project and unit rather than treating Noble as one uniform segment.
Can a foreign buyer assume the advertised price applies?
Not necessarily. Current campaign terms differ by project: Noble Form Thonglor states that its promotion is for Thai citizens, while Noble Create extends its offer to Thai citizens and foreigners with a Thai work permit. A foreign buyer should obtain written confirmation of both unit price and campaign eligibility before paying a reservation fee.
What do Noble's latest financial results show?
The picture is mixed. Noble reported net profit of THB 593.14 million for 2025, followed by a net loss of THB 369.03 million for January-June 2026. For a property buyer this is not an automatic reason to walk away, but it is a reason to review current financial disclosures alongside the status and payment schedule of the specific development.
Sources
Sources are named for independent checking. NovAsia does not publish outbound links.
- Stock Exchange of Thailand · NOBLE Factsheet — Stock Exchange of Thailand · 24.08.2026
- Noble Development Public Company Limited · Noble Development — Company Overview · 24.08.2026
- Noble Development Public Company Limited · Noble Development — Financial Highlights · 24.08.2026
- Stock Exchange of Thailand · Financial Performance Q2 and 6M 2026 · 24.08.2026
- Noble Development Public Company Limited · Noble — Current Condominium Project Directory · 24.08.2026
- Noble Development Public Company Limited · Noble Form Thonglor — Pricing, Registration and Project Terms · 24.08.2026
- Noble Development Public Company Limited · Noble Create — Project Entity, Terms and Status · 24.08.2026
- Noble Development Public Company Limited · Noble Development and Hongkong Land Joint Venture on Wireless Road · 24.08.2026
- Noble Development Public Company Limited · Noble Development — Vision and Mission · 24.08.2026