At a glance
- Developer Name: Royal Lee Asset (รอยัล ลี แอสเสท)
- Corporate Status: Privately held entity; not listed on the Stock Exchange of Thailand (SET).
- Core Activity: Residential condominium development.
- Primary Market: Phuket, Thailand.
- Known Project: Royal Lee The Terminal Phuket, a condominium in the Thalang district.
- Public Profile: Information regarding the company's history, leadership, and corporate structure is not widely available in public sources.
Heritage and ownership
Royal Lee Asset is identified in Thai property market portals as a real-estate developer, but its corporate history and structure are not well-documented in publicly accessible records. The precise legal entity name, founding year, and registered headquarters location cannot be verified from available information. While its development activity is confirmed in Phuket, it is unclear if its formal headquarters is based there or in another city such as Bangkok.
The company appears to be a privately held entity. Extensive searches of Stock Exchange of Thailand (SET) and other regional exchange rosters show no evidence of a public listing, and no stock ticker is associated with the name. Furthermore, there is no verifiable information linking Royal Lee Asset to a larger parent group, either a listed Thai conglomerate or a foreign entity. Details regarding its ownership structure, major shareholders, or key leadership figures such as directors and executives are not available in public records like corporate filings or an official website.
Attempts to locate an official corporate website for Royal Lee Asset have been unsuccessful. The company's primary online presence is through its project listings on third-party real-estate portals, which do not provide in-depth corporate information.
Phuket portfolio
Based on available public data, Royal Lee Asset's development portfolio is centered on a single known project in Phuket.
Royal Lee The Terminal Phuket
This is the only project where property portals directly name “Royal Lee Asset – รอยัล ลี แอสเสท” as the developer. Located in Sakhu, Thalang District, near Phuket International Airport, the project is a condominium component within a larger 75-rai mixed-use development that also includes a hotel, retail, and office space. The condominium is a freehold property with buildings of 7-8 storeys. Sources provide conflicting completion dates, placing it within the 2016–2017 timeframe.
It is important to note a discrepancy in developer attribution across different platforms. While DDproperty lists Royal Lee Asset as the project owner, other sources like Hipflat attribute the development to “Phuket Sirinath Property Co., Ltd.” This suggests a potentially complex corporate structure where Royal Lee Asset could be a branding or holding entity, while Phuket Sirinath Property acts as the specific project-level developer. Without official records, the exact relationship between these two entities remains unclear.
No other residential projects, whether condominiums or villas in other popular Phuket locations like Bang Tao, Layan, or Kamala, can be confidently and consistently attributed to Royal Lee Asset based on verifiable public sources.
What buyers should know
An integrity and due diligence review based on publicly accessible information did not uncover any documented legal issues, regulatory sanctions, or significant controversies associated with Royal Lee Asset or its Royal Lee The Terminal Phuket project. Searches of mainstream Thai and English news archives, court dockets, and announcements from regulatory bodies such as the Securities and Exchange Commission (SEC) and the Office of the Consumer Protection Board (OCPB) did not yield any adverse findings.
The absence of negative reports in public records suggests a lack of high-profile or systemic litigation or regulatory problems. However, this does not preclude the existence of smaller, unpublicized disputes. The limited public information about the company's corporate identity and structure is a key consideration. For any significant transaction, prospective buyers or investors should conduct enhanced due diligence. Recommended steps include engaging a Thai legal advisor to verify the developer's exact registered name and corporate details with the Department of Business Development (DBD) and to perform targeted searches of local court and land office records in Phuket to confirm permits, licenses, and the project's legal standing.
Source notes: see citations below.