True Digital Park
True Digital Park operates Southeast Asia's largest integrated tech and startup hub in Bangkok, combining office and co-working space for 250+ companies, LIFESPACE retail with 200+ shops, event venues, and business services (visas, corporate innovation) for startups, enterprises, and international professionals.
- Company typePrivate
- Founded2019
- HeadquartersBangkok, Thailand
- Headcount51–100
- GTM typeB2B
- OfferingServices
What True Digital Park does
True Digital Park Company Limited operates Southeast Asia's largest integrated tech and startup hub at 101 Sukhumvit Road, Bangkok, directly connected to BTS Punnawithi Station. Founded in 2019 and operating as a subsidiary within the True Group conglomerate, the company runs a hybrid workspace-retail-event-services complex under a 'One Roof, All Possibilities' positioning, combining office and co-working space (250+ companies), LIFESPACE retail and lifestyle venues (200+ shops and services including Virgin Active), professional event venues (Grand Hall, Auditorium, Town Hall, Workshop rooms), and a business-services desk covering Thai visas, BOI support, and corporate innovation programs.
The underlying platform is physical rather than software-based: a curated co-located ecosystem of startups, tech enterprises (e.g., Canva), venture capital firms, accelerators, universities (Chulalongkorn, Mahidol, Xi'an Jiaotong-Liverpool), and Thai government agencies (NIA, BOI, DEPA, NSTDA). Tenant and member engagement runs through a LINE-based True Digital Park Life loyalty program and the TDPK International Services division, with content marketing via the Read & Learn hub.
The business model is multi-stream and asset-heavy: recurring rental income from office/co-working space and retail tenants, event-venue hire on multi-year contracts, freemium membership/loyalty points, and higher-margin professional services for international clients. Pricing is opaque and inquiry-based, certifications (LEED Gold, ISO 9001/14001, TREES Platinum, AMVS/TMVS/TSEMS) and awards (Prime Minister's Award 2025, Asia-Pacific Stevie Bronze 2023) support premium positioning and government alignment rather than directly disclosed pricing power.
True Digital Park firmographics
Firmographics- Name
- True Digital Park
- Legal name
- True Digital Park Company Limited
- Website
- https://truedigitalpark.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- True Digital Park operates Southeast Asia's largest integrated tech and startup hub in Bangkok, combining office and co-working space for 250+ companies, LIFESPACE retail with 200+ shops, event venues, and business services (visas, corporate innovation) for startups, enterprises, and international professionals.
- Ownership category
- akta.pro rank
True Digital Park industry classification
Industry- Product category
- Co-working, Office and Innovation Hub Services
- SIC
- Services-Facilities Support Management Services (8744)
- akta.pro primary industry
- Workplace Technology & Smart Office Support (Room Booking Systems, IT/AV Liaison) (IMAIALAK)
- akta.pro secondary industry
- Convention & Exhibition Centers (Public Convention Centers, Civic Centers) (THAHAAAA)
Keywords
Where True Digital Park is headquartered
LocationHeadquarters
- HQ city
- Bangkok
- HQ country
- Thailand
- HQ region
- Asia
Offices1 record
Markets served
True Digital Park business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Marketing or Sales, Technology or R&D
Revenue model
- Office and Co-working Space Rental: True Digital Park generates revenue by leasing office spaces (4F and above) and co-working spaces (6-7F East Wing) to startups, tech companies, and enterprises. The facility offers flexible workspace solutions including private offices, hot desks, and meeting rooms on a rental basis.
- Event Space Rental: Revenue from renting event venues including Grand Hall, Auditorium & Open Space, Town Hall, Workshop Rooms, and Catering (Nest) services to corporate clients for conferences, seminars, product launches, and business events.
- Retail and Lifestyle Tenant Leasing: True Digital Park operates as a retail mall (LIFESPACE) with over 200 shops and services including dining, fashion, beauty, wellness, and fitness. Tenants include Virgin Active gym, numerous restaurants and retail stores. The company generates leasing revenue from these tenants.
- Business Services: Services include visa assistance (DTV, LTR Visa, Smart S Visa), Thailand Privilege Card, Corporate Innovation programs, and Ecosystem Tours. These services support startups and professionals relocating or establishing operations in Thailand.
- Membership and Loyalty Programs: The True Digital Park Life membership program offers points accumulation, dining vouchers, and exclusive privileges to members who spend at participating retail and dining outlets within the facility.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Office Space Rental |
| Other | Multi-year contract | Event Space Rental |
| Freemium | Pay-as-you-go | Life Member Program |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels6 records
True Digital Park product offering
Product offeringCore offering
True Digital Park operates Southeast Asia's largest integrated tech and startup hub in Bangkok, leasing dedicated office space (4F+ floors), flexible co-working desks (6–7F East Wing), and a portfolio of event venues (Grand Hall, Auditorium, Town Hall, Workshop Rooms). It also operates the LIFESPACE retail and lifestyle precinct (200+ tenants), provides workspace solutions, corporate innovation programming, an ecosystem tour, visa assistance services (DTV, LTR, Smart S), the True Digital Park Life membership, Nest catering, and the Thailand Privilege Card.
Differentiator
Problem solved
Functional benefit
Brands
- True Digital Park Life: Loyalty membership program with point collection and redemption system
- TDPK International Services
- LIFESPACE
- WORKSPACE
Products and services
- Office Space (4F+) Dedicated private office floors above the 4F level at True Digital Park in Bangkok, leased to tech startups, SMEs and corporate teams as their primary workspace, with access to the LIFESPACE retail precinct, event venues and True Group ecosystem.
- Co-working Space (6–7F East Wing) Flexible co-working desks and shared workspace on the 6–7F East Wing at True Digital Park, marketed to startups, freelancers, international professionals and remote teams needing Bangkok workspace access on monthly or short-term terms.
- Meeting Rooms Bookable meeting rooms at True Digital Park for internal team sessions, client meetings and small-group workshops, available to resident tenants and visiting professionals.
- Event Spaces (Grand Hall, Auditorium, Town Hall, Workshop Rooms) Large-format event venues at True Digital Park — Grand Hall, Auditorium, Town Hall and Workshop Rooms — hired by enterprises, mid-market firms and event organisers for conferences, product launches, corporate town halls and partner events in Bangkok's tech district.
- LIFESPACE Retail and Lifestyle Precinct The retail, dining, fitness and lifestyle precinct at True Digital Park hosting 200+ tenants, providing F&B, shopping and wellness amenities to resident companies, on-site professionals and visitors.
- Corporate Innovation Program A corporate innovation engagement program at True Digital Park that connects enterprise clients with the resident startup community for partnerships, pilots and innovation scouting.
- Ecosystem Tour A guided tour offering for visitors, delegations and corporate groups to experience True Digital Park's tech and startup ecosystem, facilities and resident companies.
- Visa Services (DTV, LTR, Smart S) Visa assistance covering Thailand's DTV, LTR and Smart S programmes, helping international founders, executives and professionals relocate to or work in Bangkok from True Digital Park.
- True Digital Park Life Membership A membership programme providing members with workspace access, member privileges at LIFESPACE tenants, event invitations and benefits tied to True Digital Park's innovation community.
- Nest Catering On-site catering service from the Nest brand at True Digital Park, serving corporate clients, event organisers, residents and visitors at offices, co-working areas and event venues.
- Thailand Privilege Card (co-brand) A co-branded Thailand Privilege Card offering privileges, promotions and lifestyle benefits at True Digital Park's LIFESPACE tenants and partner merchants, targeted at international professionals, executives and cardholders.
- Workspace Solutions An overarching workspace solutions package offered to clients of True Digital Park covering office, co-working, meeting room and ancillary services under tailored contracts for startup, SME and enterprise tenants.
Quantifiable outcome
- Southeast Asia's largest tech and startup hub
- +2 more outcomes
Companies that use True Digital Park
Customer profileNamed customers2 records
Segments6 records
Ideal customer profiles3 records
True Digital Park technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
AI capability5 records
True Digital Park partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- CanvacorePartnership reflects shared vision to democratize access to design and technology, empowering the next generation of Thai creators and entrepreneurs to unlock boundless creativity at Southeast Asia's largest tech and startup hub.
- Chulalongkorn University (Faculty of Architecture)coreMOU signed between True Digital Park and Chulalongkorn University's Faculty of Architecture and Academic Service Center to study and decode world-class innovation district models from the Netherlands, UK, and Singapore. First workshop held on 'From Strategy to Districts: Enabling Innovation at Scale' to develop Thailand's startup ecosystem.
- FinTechSpace TaiwancoreMOU formalizes fintech ecosystem connectivity between Thailand and Taiwan, focusing on international expansion, business matching, and unlocking regional opportunities for startups under the 'HELLO: Connecting for New Possibilities' campaign.
- CP Group and Xi'an Jiaotong-Liverpool UniversitycoreLaunch of 'Syntegrative Education Center' at True Digital Park, connecting education, business and innovation to infuse learning with real-life practicality.
- Technology Promotion Association (Thailand-Japan) / TPAminorTPA29 opening marks milestone for Thai-Japan innovation ecosystem collaboration. TDPK attended ceremony supporting 'HELLO, connecting to new possibilities' campaign. Previously collaborated on Remote Calibration Center feasibility for industrial measurement instruments.
- Tech Corporate Partners (50+ logos)coreExtensive network of tech corporations including Ascend Group (True Money, Ascend Commerce), CP Group companies, True Group, and other tech companies forming the tech startup ecosystem.
- Government & Association Partners (15+ logos)corePartnership with government agencies and associations including NIA, BOI, DEPA, NSTDA, CEA, FDA, and various industry associations supporting Thailand's innovation ecosystem.
- Startup & Support Service Partners (70+ logos)coreExtensive network of startups, accelerators, incubators, and support services including Techsauce, Thai Startup Association, Bangkok Startup Association, New Energy Nexus Thailand, Nebula by MQDC.
- Academy, Incubator & Accelerator Partners (25+ logos)corePartnerships with universities, incubators, and accelerators including Chulalongkorn University, Mahidol University, and various startup support organizations.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
True Digital Park competitors and assessment
Company assessmentDirect peers
- WeWork: Global coworking and flex-office operator with ongoing SEA presence. Directly comparable to TDPK on core workspace leasing, target tenants (startups to enterprise), and recurring revenue model; differs by being far larger and lacking TDPK's integrated retail and MICE venue.
- JustCo: Singapore-headquartered coworking operator (now under CapitaLand) with substantial Bangkok and SEA flex-office locations. Closest regional direct peer on workspace model, tenant mix, and Bangkok operations; differs from TDPK by lacking an integrated retail mall and event venue complex.
- The Hive Bangkok: Bangkok-headquartered boutique coworking brand operating across major Asian cities. Directly competes for the same Bangkok startup and SME tenant pool as TDPK with similar community-led positioning; lacks TDPK's integrated MICE venue and 200+ retail shop scale.
- The Working Capitol: Singapore-based integrated innovation hub combining workspace, community, and corporate partnerships. Closely comparable to TDPK's 'One Roof, All Possibilities' positioning, ecosystem curation, and startup–enterprise bridge role; differs by geography (Singapore vs. Bangkok) and absence of large retail mall component.
Broad incumbents
- IWG plc (Regus / Spaces / HQ): World's largest flexible workspace operator under multiple brands including Regus and Spaces. Overlaps with TDPK on flex-office leasing and enterprise-grade tenant base; differentiated by global scale, primarily executive and corporate (rather than startup) focus, and absence of integrated retail/MICE infrastructure.
- Common Ground: Malaysia-anchored coworking and managed-office operator with SEA expansion. Competes with TDPK on the workspace-as-ecosystem positioning and design-led flex-office model; differs by primarily single-stream coworking focus and Malaysia-centric footprint.
- ServCorp: Listed global provider of executive offices, virtual offices, and coworking with Bangkok operations. Comparable premium flexible-office tenant base and recurring revenue model; differs by targeting mostly enterprise/C-suite clients rather than the startup–enterprise bridge TDPK emphasizes.
Emerging players
- BLOCK71 Singapore: Singapore-founded startup and innovation hub operated by NUS Enterprise. Closely comparable to TDPK's startup ecosystem builder identity, university/government alignment, and corporate-partnership model; differs by being a non-profit innovation hub without TDPK's commercial retail and event venue scale.
- Mission Control Bangkok: Bangkok coworking operator with multiple locations targeting startup and creative tenants. Direct local competitor in the same geography and tenant pool as TDPK; differs by smaller scale, no retail mall or MICE venue footprint, and a more community/single-stream positioning.
Regional players
- IMPACT Exhibition Management Co., Ltd. Largest exhibition and MICE venue complex in Bangkok/Thailand, holding AMVS/TMVS certifications. Directly comparable to TDPK's event-space rental revenue stream and ASEAN MICE bid-list positioning; differs by being a single-purpose MICE venue rather than an integrated hub with coworking and retail.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
True Digital Park social profiles
Digital presenceTrue Digital Park financial estimates
Financial estimateRevenue estimate
Valuation estimate
True Digital Park leadership team
Management profileNumber of profiles
Profiles2 records
True Digital Park funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
True Digital Park M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about True Digital Park
What does True Digital Park do?
True Digital Park operates Southeast Asia's largest integrated tech and startup hub in Bangkok, leasing dedicated office space (4F+ floors), flexible co-working desks (6–7F East Wing), and a portfolio of event venues (Grand Hall, Auditorium, Town Hall, Workshop Rooms). It also operates the LIFESPACE retail and lifestyle precinct (200+ tenants), provides workspace solutions, corporate innovation programming, an ecosystem tour, visa assistance services (DTV, LTR, Smart S), the True Digital Park Life membership, Nest catering, and the Thailand Privilege Card.
Is True Digital Park a public or private company?
True Digital Park is a private company. It is classified as corporate owned and is currently operating.
When was True Digital Park founded?
True Digital Park was founded in 2019. It employs 51 to 100 people.
Where is True Digital Park based?
True Digital Park is headquartered in Bangkok, Thailand, in the Asia region.
How does True Digital Park make money?
Five revenue lines are on record. Office and Co-working Space Rental is the primary driver. The others are event Space Rental, retail and Lifestyle Tenant Leasing, business Services and membership and Loyalty Programs.
Who are True Digital Park's main competitors?
Direct peers on record are WeWork, JustCo, The Hive Bangkok and The Working Capitol. Broad incumbents are IWG plc (Regus / Spaces / HQ), Common Ground and ServCorp. Emerging players are BLOCK71 Singapore and Mission Control Bangkok. IMPACT Exhibition Management Co., Ltd. is listed as a regional player.
Does True Digital Park have an API?
No public API is recorded for True Digital Park.
What industry is True Digital Park in?
True Digital Park's product category is Co-working, Office and Innovation Hub Services. Its primary akta.pro industry code is IMAIALAK, Workplace Technology & Smart Office Support (Room Booking Systems, IT/AV Liaison), with a secondary code of THAHAAAA, Convention & Exhibition Centers (Public Convention Centers, Civic Centers). Its SIC code is 8744.