Rhom Bho Property (TITLE)
For a Phuket buyer, the most useful distinction is that The Title is backed by a listed company rather than an opaque private developer. Rhom Bho Property trades under the ticker TITLE and publishes regular financial and corporate disclosures. Its core business remains residential development in Phuket, while its 2026 company snapshot also includes property management and hospitality activities. As of 28 April 2026, 39 Estate Co., Ltd. held 68.87% of the shares; 39 Estate is part of the AssetWise group. That disclosure framework gives buyers more material to examine, but it should not be treated as a guarantee of delivery, build quality or contract terms.
A company name is not a recommendation. Check the project company, contract and selected unit before reservation.
Overview
For a Phuket buyer, the most useful distinction is that The Title is backed by a listed company rather than an opaque private developer. Rhom Bho Property trades under the ticker TITLE and publishes regular financial and corporate disclosures. Its core business remains residential development in Phuket, while its 2026 company snapshot also includes property management and hospitality activities. As of 28 April 2026, 39 Estate Co., Ltd. held 68.87% of the shares; 39 Estate is part of the AssetWise group. That disclosure framework gives buyers more material to examine, but it should not be treated as a guarantee of delivery, build quality or contract terms.
Track record
Rhom Bho Property states that it was established in 1989. TITLE began trading on mai on 2 November 2017. In July 2023, AssetWise subsidiary 39 Estate acquired 57.79% of Rhom Bho Property; its holding had risen to 68.87% by 28 April 2026. On 30 January 2026, SET approved TITLE's transfer from mai to the main SET market. The company's 6M2026 snapshot reported 19 projects with an aggregate stated value of THB 51.693 billion and 7,439 residential units. The expansion cycle from 2023 onward includes developments such as The Title Legendary Bang-Tao, The Title Heritage Bang-Tao and The Title Serenity Naiyang.
Segments and prices
The Title has historically been centred on resort-oriented condominiums, but by 2026 Rhom Bho Property had also moved into standalone villas and hospitality-related businesses. On the official project website at the access date, selected condominium schemes were advertised from roughly THB 3.8 million at The Title Serenity Naiyang, THB 4.4 million at The Title Heritage Bang-Tao and THB 6.8 million at The Title Legendary Bang-Tao. These are specific to the project advertised starting points, not a company-wide price band; actual pricing varies by building, layout and unit. The official sources reviewed do not provide one consolidated current price range for the villa portfolio.
Geography
Rhom Bho Property remains a Phuket-focused developer. Its current official catalogue spans several distinct parts of the island, including Nai Yang, Bang Tao, Kamala, Surin, Kata, Rawai and Koh Kaew. Buyers therefore need to compare individual Title projects by micro-location rather than treating the brand as a single uniform product: the airport side of Nai Yang, the Bang Tao and Kamala west-coast market, Rawai in the south and Koh Kaew each serve different owner-occupier, rental and resale use cases. The company has a Bangkok office, but its exchange disclosures still describe Phuket as the core residential market.
Reliability and public record
TITLE offers a level of disclosure that is uncommon among local Phuket developers: SET filings, shareholder data and reviewed or audited financial statements are publicly accessible. For 6M2026, Rhom Bho Property reported THB 2.004 billion of revenue and THB 292.96 million of net profit, with THB 21.943 billion of assets and THB 19.877 billion of liabilities. Its debt-to-equity ratio increased to 9.62 from 7.06 at year-end 2025. The Q2 2026 reviewed statements carried an unqualified opinion. For a property buyer, this means there is unusually good visibility into the company, but the leverage level makes project-level financing, land encumbrances and the release process at transfer worth examining carefully.
What to verify
For a specific purchase, verify the legal entity that owns the land, signs the sale agreement and receives the money rather than relying on the The Title brand name alone. Given the group's high leverage, ask how the project is financed, whether the land is mortgaged and how any encumbrance will be released for the buyer's unit at transfer. TITLE's 6M2026 snapshot states a policy of collecting 75% of contract and down-payment amounts before transfer to reduce customer default risk, so the payment schedule, refund provisions and construction-linked milestones deserve close reading in the actual contract. Foreign buyers should also confirm that foreign-quota capacity is available for the chosen unit; the Thai government states that foreign ownership may not exceed 49% of the aggregate unit area in a registered condominium. For an off-plan purchase, verify the current EIA, construction-permit and completion-status documents for that project rather than inferring them from the developer's public-company status.
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.
ThailandThe Katabello
ThailandThe Modeva Bang-Tao
ThailandThe Title Adora Rawai
ThailandThe Title Artrio Bang-Tao
ThailandThe Title Balcony Naiyang
ThailandThe Title Cielo Rawai
ThailandThe Title Coralina Kamala
ThailandThe Title Heritage Bang-Tao
ThailandThe Title Sierra
ThailandThe Title Vivi Bang-Tao
ThailandThe Title Legendary Bang-Tao
ThailandThe Title Serenity Naiyang
ThailandThe Title Biancana
ThailandThe Title Vivana Kamala
ThailandCasa de Monte
Frequently asked questions
Are The Title and Rhom Bho Property the same company?
The Title is the main residential brand; the listed corporate entity behind it is Rhom Bho Property Public Company Limited, ticker TITLE. A buyer should still check the exact seller or project entity named in the contract.
Is Rhom Bho Property owned by AssetWise?
Control is held through AssetWise subsidiary 39 Estate Co., Ltd. It acquired 57.79% of Rhom Bho Property in July 2023 and held 68.87% as of 28 April 2026.
Does TITLE develop only condominiums?
Condominiums are still the core product, but the 2026 disclosures also include villa projects, property management and hospitality. The business has broadened, while Phuket leisure-oriented residential property remains central.
What price segment does The Title target?
There is no single price band. At the access date, the official website showed starting prices of roughly THB 3.8 million to THB 6.8 million across several current condominium schemes, while the company is also developing villas. Those figures should not be treated as a current portfolio-wide price list.
Does SET listing make a property purchase safer?
It provides more transparency because buyers can review financial statements, shareholders and formal disclosures. It does not replace due diligence on the contract, permits, project financing, foreign quota or transfer conditions for the specific unit.
Sources
Sources are named for independent checking. NovAsia does not publish outbound links.
- Rhom Bho Property Public Company Limited · Rhom Bho Property — General Information · 24.08.2026
- Rhom Bho Property Public Company Limited / The Stock Exchange of Thailand · SET Announcements: TITLE admitted to mai trading on 2 November 2017 · 24.08.2026
- AssetWise Public Company Limited · AssetWise History: acquisition of 57.79% of Rhom Bho Property in July 2023 · 24.08.2026
- Rhom Bho Property Public Company Limited · Rhom Bho Property Major Shareholders as of 28 April 2026 · 24.08.2026
- The Stock Exchange of Thailand / Rhom Bho Property Public Company Limited · TITLE Listed Company Snapshot — 6M2026 · 24.08.2026
- The Stock Exchange of Thailand · TITLE Q2 2026 Financial Performance · 24.08.2026
- The Title Residence / Rhom Bho Property Public Company Limited · The Title Official Project Catalogue and Advertised Starting Prices · 24.08.2026
- Thailand.go.th · Foreign Condominium Ownership in Thailand: 49% Limit · 24.08.2026