The company is principally engaged in the development and sale of real estate which consists of house and land development and apartments in condominiums. Typically, income is approximately 58% of total income and income from rental and service fees in office buildings and shopping centers, Charn Issara Tower Project And office buildings and shopping centers, Charn Issara Tower 2 Project, which has revenues of approximately 3-5%, revenues from hotel operations, approximately 42% and the rest is other income such as service and utilities income from real estate projects administrative fee income, interest income and other income.

Nature of business Product or service

The company operates in 4 types of business as follows:

Property development for sale

At present, the company has completed the development of the project, which is in the process of transferring the ownership to the customer and awaiting some sale and is in the process of real estate development for sale as follow.

A luxury condominium with 37 floors, 270 units near the center of business. Surrounded by nature and the view of the Chao Phraya River and Bang Krachao River, filled with the scent of culture harmonious with modernity. Help make it a suitable neighborhood to live in close to the gray line train in the future and plenty of common areas, including the Lounge, the luxurious lobby, the park, the family retreat, the Haven on the 30th floor with elements of a swimming pool. With hydrotherapy at the Therapy and a sky gym at the Sky Gym, organize a party with a banquet hall in The Space or enjoy a garden at The Garden. The Isara Sathorn isthe perfect answer for you. "Live free life in every aspect” and The Issara Sathorn received the award for Best Luxury Condo Development (Bangkok)“ by Property Guru Thailand Property Award 2023. In 2023, the Chan Issara Group received 2 awards: The Issara Sathorn project and the Sasara Hua Hin project. This project Operated on behalf of Chan Issara Development Public Company Limited. Construction is currently complete. In the process of selling and transferring ownership of the condominium.

Project a dream come true in the heart of this metropolis. “Issara Collection Sathorn” is a luxurious 7-storey residential condominium that is private and equipped with premium features. On the prime location of Sathorn Road Very comfortable and beyond your expectations. It is another project of Chan Issara Group Award-winning real estate developer in both Bangkok and resort cities. Thailand’s leading Only 33 units, consisting of 2 bedrooms, 3 bedrooms, and duplexes.

Issara Collection Sathorn is designed with family living in mind, with a spacious living room, both Western and Thai kitchens. Ceiling height higher than standard Including a usable area of over 110-249.89 square meters in each unit, creating a home-like feel for residents. There is also a private elevator in some units. for more privacy Beautifully decorated with a unique identity.

In addition, in 2017, ISSARA COLLECTION SATHORN received the award for Best Low-Rise Condo Architectural Design (Bangkok) and Best Low-Rise High End Condo Development (Bangkok) at the Thailand Property Awards from the property Guru website, which is a website. Asia’s leading real estate This project is operated under the name of Chan Issara Viphapol Company Limited, a subsidiary company. Currently, it is already sold out.

Project a super luxury detached house in the heart of the city on Rama 9 Road, area 9 rai 3 ngan, only 20 houses with a clubhouse with modern fitness equipment. 25 meter long swimming pool, separate male and female steam room and Private Linear Garden with premium social privacy and the highest safety in living. It is a reflection of the success of life given to the family. “The Infinity of Happiness in the Heart of the City” This project is operated under the name of Charn Issara Development Public Company Limited. Currently construction is completed. Only 1 unit remaining for sale.

The house is the pride of being passed down from generation to generation, Baan Issara Bangna, a luxury detached house on an area of 24 rai that perfectly conveys comfort. Based on the design of the A49 with a large, spacious clubhouse with a modern fitness facility, the shared amphitheater is used to enhance the family atmosphere and a large communal garden for relaxation and exercise. Close to shopping center leading educational institutes, hospitals, expressways connected closer to all, only 44 families could have such happiness. This project is operated on behalf of CIN Estate Company Limited which is a subsidiary company. Partially completed construction, gradually transferred the ownership to the customer and the rest are under construction.

Resort-style house, inhaling ozone from nature on the plateau, 400 meters above sea level with houses that use the innovative construction of the “Modular System” that makes the house clean, healthy and environmentally friendly. Sitawan, Pak Chong - Khao Yai, has an area of 27 rai, with both ready-to-live houses and land. Come to experience the fresh air to recharge the life at Sita Wan. This project is operated on behalf of Charn Issara Development Public Company Limited.

Find superior living among nature. Enjoy a variety of vacation activities that can be tailored to suit the needs of everyone in the family. Because here is The Issara Chiang Mai, a condominium on an area of over 3 rai, consisting of 2 7-story buildings, a total of 265 units, ready to move in. Each unit is intelligently designed to make the most of the space. Ready to enjoy the utmost relaxation. Enjoy an atmosphere of pleasure and comfort with complete decorations and amenities. You can choose your happiness in 1-2 bedrooms, size 35-70 sq m, and find inspiration every morning at the swimming pool and private pool. Or cool off in the Jacuzzi. Get fit and condition your body to the fullest in the spacious fitness room. With a well-designed green area. Allowing you to live your life close to nature to the fullest at “The Issara Chiang Mai” in a potential location that connects every aspect of life to the business and tourism center perfectly. With maximum privacy On the space of pride for those who own it. This project is carried out on behalf of Chan Issara Wipapon Company Limited, a subsidiary company.

“Baba Beach Club Natai” villa Project and a luxury beach club style hotel located on Natai Beach, Phang Nga Province, on an area of 42 rai, just 20 minutes from Phuket International airport, offering panoramic views of the Andaman Sea with a view of the sunset. Consisting of a villa 6 beach front residence 5 bedrooms villa for 18 units, 2 bedrooms pool villa, and beach club style hotels. These include 8 Gabana villas, 4 pool suites and 4 baba suites and complete activities, fitness, spa, restaurant, beachside swimming pool, beach club and many nearby attractions. It aims to blend the individuality as a hotel and beach club for music lovers. Was designed and decorated in the style of Chino Portuguese of Phuket with beautiful colors in the Shanghai Tang style, it creates an interesting Chino Portuguese Tang style.

“Baba Beach Club Natai” is managed and developed by the team behind the internationally acclaimed luxury pool villa “Sri Panwa”. This project is operated on behalf of Charn Issara Junfa Company Limited, a subsidiary.

Project “Sri Panwa” villa project and a luxury pool villa hotel located on a private beach. At the end of Cape Panwa, south-east of Phuket Island, on an area of 85 rai, the villa of Sri Panwa hidden among the trees and a private atmosphere. It also opens to see the beautiful sea of the Andaman Sea with the surrounding islands. All villas have their own private pool. Sri Panwa has been selected as one of the top five resorts in Thailand and has also been selected to be one of the most charming hotels in the world. The villa is designed in a contemporary tropical style. Located above sea level 40-60 meters high and many recreational activities include spa, yoga, fitness, tennis courts, swimming pool on the beach.

Year 2020, there are new pool villas zone that have been completed, ready for sale and open for customers to book. It uses blue color and differs from the original which id four of orange. Sri Panwa offers another 24 Pool Suite rooms in the Yaya & Convention zone, which can accommodate up to 400 people and 24 pool suites, expected to be completed in 2022.

With the splendid achievement of Baan Thew Talay Aquamarine (Phase 1), which received 2 international real estate awards: Best Condominium and Best Leisure. Development of Thailand Issara Ruam Co., Ltd. has launched “Baan Thew Talay Blue Sapphire” (Phase 2), one of the quality landmarks projects. Beachfront condominium in Aquatic Contemporary style, next to private beach. Combining design inspiration from the turquoise sea and soft white sandy beach, giving you a warm atmosphere to relax your body and mind. Ready to receive the most special in every unit with a private balcony, you can experience the beautiful atmosphere of the sky spreading across the sea and the interior of the room with concept from the blue sea and sand on the beach. As if to relax on the beach all the time to fulfill life completely and close to nature. Surrounded by landscaped gardens and lush vegetation. Interspersed with a beautiful lotus pond moreover, the project area is surrounded by a natural garden that provides shade and freshness. There are also amenities that are suitable for the whole family. It comes with a 100-meter free-form swimming pool and a seaside beach club, fitness center, steam room, BBQ area, kids’ zone and library. With the place of rest for the whole family on the area of 15 rai beach front with two 4-storey buildings and 15-storey buildings with 1-, 2- and 3-bedroom rooms, size 36-158 square meters. Ready to move in. This project is operated by Issara United Co., Ltd., a subsidiary company.

A beachfront condominium in Cha-am - Hua Hin, part of the mixed-use project Thew Talay World, which received the Highly Recommended for Best Condo Development (Cha Am - Hua Hin) award. The design emphasizes on the Stylish Beachfront Resort style to meet every need with full facilities such as Chic Lobby, 24-hour security system, fitness with modern equipment, private steam room, Atoll Oasis free-form swimming pool with Sunken lounge that makes you feel like swimming in the blue sea. The project is located on an area of 7 rai with a 21-storey building, 491 condominium units with sizes of 30 - 60 square meters. Affordable price and ready to move in today. This project is operated by Issara United Co., Ltd., a subsidiary company.

A luxury pool villa project located in Thew Talay World project, Cha-am-Hua Hin, on an area of 110 rai with a beachfront of over 160 meters long, designed in Neo-Colonial style architecture that perfectly combines Western and local styles, emphasizing privacy, responding to every aspect of life with complete facilities. In addition, the Rental Program is managed by the Sri Panwa Hotel team, making Baba Beach Club Residences Phase 1 closed for sale within 1 year after construction was completed. The project has launched Phase 2, consisting of 7 houses, with a usable area of 167.5 square meters and a land area of 63-66 square wah, which still maintains the identity of Baba Beach Club Residences Hua Hin, designed with an emphasis on the privacy of residents to match the luxurious relaxation atmosphere of a boutique hotel. This project is operated by Issara United Co., Ltd., a subsidiary company.

“Baba Beach Club Hua Hin” is an exclusive beach club hotel and residence in the concept of Music Lovers Hotel on the beach in Chaam-Hua Hin, managed by Sri Panwa. It stands out with its beachfront swimming pool and exclusive beach club, emphasizing guests’ relaxation by the sea with music. It is designed and decorated in a combination of Hua Hin’s Neo-colonial and modern styles, creating an interesting style. It is located on a 12-rai area in Tiw Talay World, with a beachfront stretching over 160 meters, 2 hours from Bangkok and close to major tourist attractions. It offers 18 panoramic sea view rooms with private swimming pools and 18 luxury pool villas. Baba Beach Club Hua Hin is surrounded by beautiful scenery of the Gulf of Thailand coastline, providing 5-star service and facilities such as a premium fitness center, Cool Spa, swimming pool, beachfront restaurant and bar, Baan Chok, a white house restaurant & cafe by the sea, and an event venue. Beachfront event, managed by Sri Panwa Management Co., Ltd. In late 2021, it opened as a new 12-storey hotel zone with 47 rooms and full facilities, including a large convention room. This project is operated by Issara United Development Co., Ltd., a subsidiary company.

Thew Talay world, has transformed 6 rai of land into a stop for check-in, taking pictures and enjoying it before entering Hua Hin town. Distinctive with the Super Shell Station that is uniquely designed in the world. Featuring a stylish car wash and EV Charger, Lawson 108 Convenience Store, Taco Shell Mexican Restaurant, you can also stop by for coffee and homemade ice cream at I-Tim Station, an Art Deco-inspired train cafe. Comes with a photo shoot corner for you to share on social media, also for the children. You can run and play outdoors on the Giant Play Around area and enjoy the fun baby developmental toys all day long. As for those who love pets, you can bring your dog to relax in the green area, Doggy Dog Park allows your dog to run and play with ease.

You can also continue to enjoy marine activities and horse riding along the beach in front of Baan Chok. There are also various relaxing corners such as the Tropical Desert Garden on the large courtyard. Experience the scent of the desert from the tropical plants or be the Art Park, a wall of artists from P7 that spark creativity and learning for the whole family. With the distinctive identity that we create atmosphere into a variety of photo spots for you to pass happiness to everyone. Also, enjoy the night market that gathers restaurants and shopping EAT - FUN - CHILL every Friday and Saturday at the Hua Hin One Night Market @ Hua Hin One. This project is operated by Issara Associates Co., Ltd., a subsidiary company.

Super luxury beach front project with only 110 units, located in front of the beautiful Khao Takiab Beach that stretches for more than 8 kilometers. The project is designed as a Low Rise Residence with 4 floors and 5 buildings on area more than 5 rai, designed by Habita Co., Ltd., a leader in luxury hotel and resort design in Asia, under the concept of "The Art Of Escape", reflecting the aesthetics of endless relaxation, surrounded by beautiful pristine nature and the perfect community culture of Local Fishery Neighborhood in line with the dynamic lifestyle. Enjoy various types of swimming pools in various styles, Beach Club Pool Club and a wide beachfront area that can create beach activities all year round. The project is safe and has high privacy. Currently, construction has been completed and is in the process of selling and transferring condominium ownership. Operated under the name of Issara United Co., Ltd., a subsidiary company.

A new stylish beach condomidium, a modern luxury style project that meets the needs of every generation who desires a new type of relaxation. The project is located in Soi Ao Hua Don near the beach and golf course on a land area of 3 rai 3 ngan, and 89.4 sq.w. It is a 7-storey building, 3 buildings, and 254 units under the concept of "The GEM Of Escape", a true gem of relaxation. Enjoy the view of the golf course that stretches across the sky and sea, reflecting the nature of relaxation. Each building is conveniently connected to the central garden, offering a Foreground view of the golf course, a Middle ground view of the white sandy beach with pine trees, and a Background view of the sea and sky. The condos are designed with wide fronts in various styles, especially the Penthouses and Duplex rooms, which are designed like a house in a hotel with a Stair Hall and a Mini courtyard inside the room, allowing wind and sunlight to flow in, creating an airy, spacious, and comfortable atmosphere. At the same time, it also takes into account the Senior living function and creates privacy with a Single corridor. This project is operated on behalf of Issara United Co., Ltd., a subsidiary company. Currently, the project is under construction.

A world-class luxury pool villa project with only 4 units, each unit is designed to have its own unique identity. The project is located on over 2 rai of land, the last plot in the Sri Panwa hotel area. The villa building has a starting usable area of 1,200 sq.m. with a private swimming pool with an exclusive design under the Modern Natural concept, emphasizing the unique Sri Panwa identity by the leading architect, Habita Co., Ltd., Highlighting the location as a landmark with a panoramic view of both the sea and the sky, surrounded by large, lush green trees, inspired by the world-famous Baba Nest design, which has been reduced to a smaller size for all 4 residences. The project is currently under construction and operated by Charn Issara Residence Co., Ltd., a subsidiary company.

Located in the Cherngtalay-Bangtao area with an area of over 60 rai, it is a mixed-use project in the form of a Luxury Branded Residence consisting of Pool Villas surrounding a large lagoon of over 20 rai with a lifestyle community on the new lake in the heart of Phuket. The atmosphere of living close to nature and friendly service to visitors. This project will draw out the identity of Sri Panwa in terms of design inspired by the local atmosphere of Phuket. Chino-Portuguese architecture was designed by Habita, the designer of the first Sri Panwa project in Cape Panwa. The project is located on Cherngtalay Soi 1, next to a new 4-lane road or about 20 meters wide, which is both beautiful with mountain views along the way and convenient, only 1.5 km from Boat Avenue. It is considered a prime location near many 5-star hotels, many pool villa projects and condos, including Bangtao Beach, Layan Beach and close to amenities such as restaurants, international schools, shopping areas and many more. The project development plan will be divided into several phases. There are residential areas, a hotel, restaurants, and Baba Lake Club, ensuring that Sri Panwa Lagoon Phuket will grow into a community that attracts groups of tourists and investors, both Thai and foreign, and creates value in terms of investment in the future. You can experience the actual atmosphere of the project at the Sales Gallery on Cheang Talay Road, Soi 1, Phuket Province. The project is scheduled to construct the first phase within 2025, operated by Issara Naporn Co., Ltd., a subsidiary company.

Long-term rental sales business and rental of office buildings and shopping centers

Charn Issara Tower at Rama IV and Charn Issara Tower II at New Petchaburi, is an office building and a shopping center that is convenient for traveling. It is the center of business. There are suites ranging in size from 25 square meters - 1,700 square meters to accommodate leading shops and businesses.

Hotel Operation Business

Around the third quarter of 2006, Charn Issara Residences Co., Ltd., a subsidiary company, began operating a hotel business in the Sri Panwa project, Phuket Province. It is a Boutique Hotel under the name of Sri Panwa Hotel. The hotel has been licensed and operated by 11 Pool Villas comprising of 18 bedrooms and 23 additional construction in the third phase which was completed in 2009. To both Thai customers and foreigners, it is popular with foreigners in a satisfactory level. Later in 2013, the company has sold parts of the Sri Panwa Hotel. It comprises of land of approximately 21 rai 2 ngan 55 square wah, including buildings, which are Pool Villa, Family Suite and Luxury Pool Villa, total 38 units and Pool Suite rooms, 7 units with various facilities and the operation of Sri Panwa Hotel to Property Fund, Sri Panwa Hotel. The Company holds approximately 30% of the investment units in the mutual fund and rents the Sri Panwa Hotel to return to management for a period of 15 years with fixed rental as agreed. Currently, Sri Panwa Hotel Property Fund converted to a trust under the name of Real Estate Investment Trust for Sri Panwa Hotel. In December 2016, the construction of HABITA Hotel, which has 30 additional Pool Suite and Penthouse rooms and X29 villas, is also sold to a real estate investment trust for Sri Panwa Hotel. In December 2016 as well, worth approximately 1,300 million baht and completed the construction of 4 pool villas worth 200 million baht, which was completed in 2019.

In the fourth quarter of 2017, the company has provided two additional hotels, BABA BEACH CLUB HUA HIN, a hotel project located in the same area as the luxury villas on the beach front of Hua Hin - Cha-am. It is part of Thew Talay Estate, a Pool Villa and Pool Suite.

BABA BEACH CLUB NATAI is located in the same area as BABA BEACH CLUB NATAI, Natai Beach, Khok Kloi Sub-district, Takua Thung District, Phang Nga Province. 16 Pool Suit rooms with amenities such as BEACH CLUB, restaurant, and large swimming pool. Beach front nature park beautiful and secluded, with a 200-meter-wide beach and perfect sand and sea quality. At present, Sri panwa Phuket opens a new Pool Suite in the name of Yaya & Convention, which has 24 rooms and a large banquet room with a capacity of 400 people, overlooking the sea parallel to the banquet hall and the end. Of the year Soul cafe and Tu Bar were opened to increase the outlet of the hotel. In addition, Baba Beach Club Hua Hin Phase 2, which we call the Habita Seaview zone, is a 12-storey building. There are 47 rooms with a large Convention room for organizing seminars, weddings and events, along with Kid Club, Cool spa, and Fitness rooms to provide complete service to customers and at Baba Beach Club Hua Hin, we have a home restaurant. Luck and Soul Food as well.

Managing office buildings, juristic condominiums / housing estates and real estate project management business

The company was appointed by the Issara Real Estate Investment Trust to be a real estate manager and property manager of the fund. These include condominiums in Charn Issara Tower and Charn Issara Tower II with a total area of 30,687.68 square meters since 2002 including project management of International Research Development Company Limited.

For the management of condominium or housing juristic person, the company and its affiliates manage the condominiums, various housing estates that the Company and affiliates have developed projects such as Issara @ Forty Two Sukhumvit, The Issara Ladprao, Baan Sitawan, Pak Chong-Khao Yai, Issara Collection Sathorn and resort condominiums in project Thew Talay Estate, etc.

The Company’s revenue can be classified as follow

Unit : Million Baht

Type of Revenues 2024 2023 2022
Revenue % Revenue % Revenue %
Sales of real estate income 1,705.16 57.98 794.19 35.29 1,150.40 52.88
Rental and service income 82.62 2.81 81.07 3.60 65.01 2.99
Hotel operation income 924.60 31.44 947.43 42.09 672.34 30.9
Sales of product income 66.77 2.27 65.47 2.91 67.85 3.12
Administrative fee income 42.95 1.46 38.20 1.70 31.28 1.44
Other's income 118.66 4.04 324.40 14.41 188.62 8.67
Total 2,940.76 100.00 2,250.76 100.00 2,175.50 100.00

Business Objectives

The company continues to emphasize maintaining quality standards for housing developments, vacation homes, residential condominiums, 6-star hotels, office buildings, and service quality, which the company considers key factors in its past success. The company aims to further develop its business in residential projects, residential condominiums, vacation homes, and hotel operations, as it recognizes that demand for real estate, particularly residential properties, will continue to grow steadily. Additionally, residential projects can be developed both horizontally and vertically at price levels that generate profitable returns. However, for office buildings, rental rates are not aligned with the current costs of constructing new buildings, so the company has not expanded its office rental business but has instead expanded into residential business.

The company therefore aims to develop areas in key resort cities such as Hua Hin, Cha-am, Chiang Mai, or Phuket, as well as urban areas, particularly locations with convenient transportation, city center proximity, and moderate size. The focus is on working-age customers with middle to high income who have distinctive lifestyles.