Bann Krongthong

What Bann Krongthong does

Bann Krongthong Co., Ltd. is a private Bangkok-based residential real estate developer operating since at least 2017. The company is headquartered at 100 Soi Ladprao 73 (Lamthong), Wang Thonglang, Bangkok, and employs 51-100 people. It focuses on developing condominium and single-family home projects across Bangkok suburban corridors including Ladprao, Sukhumvit, Rama 9, and Srinagarindra, with its current active project, The Grass Pattaya, marking its first expansion into the Pattaya market.

The company's product portfolio consists of mid-market residential projects. Eight past projects (The Leaf Pattanakarn, Pavilion Ladprao 71, The Private Sukhumvit-Bangchak, The Private Sukhumvit 77, Tropical Ladprao 101, Tropical Rama 9, Villa Park Rama 9-Srinagarindra, and Pavilion Srinakarin) have been completed and sold out. Each project has a dedicated microsite under the bkthome.com domain. The company's value proposition centers on 'right-fit' unit sizing and community design for specific client segments, though no proprietary technology, smart-home features, or PropTech integrations are disclosed.

Bann Krongthong operates a direct-to-consumer sales model via project showrooms and direct inquiries, supported by organic presence on Facebook, LINE, Instagram, YouTube, and project-specific websites. Pricing is not publicly disclosed. The company is affiliated with the AtMind Group ecosystem of related entities (AtMind Sukhumvit, AtMind Premier Suites, AtMind Exclusive), with The Grass Pattaya co-promoted across these affiliate brands. No institutional investors, public listing, or external funding rounds are disclosed.

Name

Bann Krongthong

Legal name

บริษัท บ้านกรองทอง จำกัด (Bann Krongthong Co.,Ltd.)

Website

https://bkthome.com

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Short description

Bann Krongthong is a private Bangkok-based residential real estate developer building mid-market condominiums and houses across Bangkok and Pattaya for individual buyers, having completed 8+ sold-out projects since 2017.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

New Housing For-Sale Builders (236117)

SIC

Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

akta.pro secondary industry

Spec Home / Production Homebuilding (Tract & Volume Builders) (IMAFABAD)

Keywords

• Residential property development
• Condominium development
• Villa development
• Housing projects
• Real estate sales

Headquarters

HQ city

Bangkok

HQ country

Thailand

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Property Sales: Primary revenue from developing and selling residential real estate including condominiums and houses. Properties are sold as completed units with title deeds transferred to buyers.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Bann Krongthong develops and sells residential real estate in Bangkok and Pattaya, Thailand, building condominium and villa projects that it markets directly to individual buyers. The current actively selling project is The Grass Pattaya condominium; eight prior Bangkok projects (The Leaf Pattanakarn, Pavilion Ladprao 71, The Private Sukhumvit-Bangchak, The Private Sukhumvit 77, Tropical Ladprao 101, Tropical Rama 9, Villa Park Rama 9-Srinagarindra, and Pavilion Srinakarin) have been completed and sold out. Units are sold as completed physical properties with title deeds transferred to buyers via project showrooms and dedicated project websites.

Product overview

Bann Krongthong Co., Ltd. is a real estate development company based in Bangkok, Thailand. The company specializes in residential properties including condominiums and villas across various locations in Bangkok and Pattaya. The product portfolio consists of a mix of current/new projects and past sold-out projects. The current project is The Grass Pattaya, a condominium development. The past sold-out projects include The Leaf Pattanakarn, Pavilion Ladprao 71, The Private Sukhumvit-Bangchak, The Private Sukhumvit 77, Tropical Ladprao 101, Tropical Rama 9, Villa Park Rama 9 - Srinagarindra, and Pavilion Srinakarin. The company focuses on creating living spaces with appropriate space utilization for different client groups, prioritizing client benefits and value in decision-making.

Differentiator

Problem solved

Functional benefit

Products and services

• The Grass Pattaya (เดอะกราซ พัทยา) A residential condominium development located in Pattaya, Thailand, currently available for purchase from Bann Krongthong, targeted at individual buyers and families seeking a second-home, primary residence, or investment property in the Pattaya market.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered minor.

• AtMind GroupminorOthersRelated company under the same corporate group. Referenced in logo section and cross-promoted on the company's promotion pages. The Grass Pattaya project appears to be a shared or co-branded development between Bann Krongthong and AtMind Group.
• AtMind SukhumvitminorOthersAffiliate company under the same corporate group, referenced in logo section.
• AtMind Premier SuitesminorOthersAffiliate company under the same corporate group, referenced in logo section.
• AtMind ExclusiveminorOthersAffiliate company under the same corporate group, referenced in logo section.
• The Grass PattayaminorOthersCurrent new project development, co-promoted with AtMind Group through shared website thegrasscondo.com and cross-linked on AtMind Group platforms.

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

Direct peers

• Origin Property: Thai residential developer known for branded mid-market condominium projects in Bangkok's growth corridors, often near transit lines. Closely comparable in product positioning (mid-rise condos targeting end-user buyers) and project naming/branding style to Bann Krongthong.
• Major Development (MJD): Thai developer focused on mid-market residential projects with attention to functional design and community living — value proposition parallels Bann Krongthong's emphasis on well-proportioned spaces and community-oriented projects.
• L.P.N. Development: Long-established Thai listed developer focused primarily on mid-market condominiums in Bangkok and provincial cities, with similar value-driven, function-over-luxury positioning. Comparable project type and target buyer segment to Bann Krongthong.
• Noble Development: Thai developer focused on mid-rise and high-rise residential condominiums in central Bangkok locations. Highly comparable condominium product mix and Sukhumvit/Ploenchit-area focus similar to Bann Krongthong's The Private and Pavilion series.

Broad incumbents

• Supalai: Major Thai listed developer with a wide portfolio spanning high-rise condos, low-rise condos, and detached houses across Bangkok and nationwide. Comparable residential product range (including landed houses like Bann Krongthong's Villa Park), though at materially larger scale.
• Sansiri: Thailand's largest publicly listed residential developer with a broad condominium and housing portfolio across Bangkok and key provincial cities. Directly comparable product category (mid-rise to high-rise condos, single-family homes) though at a vastly larger scale than Bann Krongthong.
• Ananda Development: Thai listed developer historically focused on transit-adjacent mid- to high-end condominiums in Bangkok. Operates in the same Bangkok corridors (Sukhumvit, Rama 9) as Bann Krongthong with comparable condo product, though at much larger scale and with institutional capital structure.
• AP (Thailand) Public Company: Major Thai listed developer focused on residential condominiums and townhouses, particularly in mid-market segments adjacent to BTS/MRT corridors. Highly comparable product offering to Bann Krongthong's mid-market condos, though much larger scale.
• Assetwise (formerly Pruksa Real Estate): One of Thailand's largest residential developers covering detached houses, townhomes, and condominiums across Bangkok and regional Thailand. Comparable in combining landed (Villa Park-equivalent) and condominium formats, though at significantly larger scale than Bann Krongthong.

Regional players

• Raimon Land: Thai developer with luxury condominium portfolio in Bangkok and Pattaya. Comparable to Bann Krongthong in Pattaya exposure and residential condo format, though Raimon's positioning skews more luxury/upper-mid market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat2 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/bann-krongthong-co-ltd

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bann Krongthong