At a glance
- Company Name: Alisha Property Co., Ltd.
- Primary Market: Residential villas in Phuket, Thailand.
- Ownership: Privately held.
- Group Affiliation: Marketed as part of "Alisha Group," which also includes Alisha Grand Co., Ltd., Alisha Management Co., Ltd., and Alisha Home Service Co., Ltd.
- Stock Listing: Not listed on the Stock Exchange of Thailand (SET) or other major exchanges.
Heritage and ownership
Alisha Property Co., Ltd. is a private Thai company described as part of the Alisha Group, a small collection of entities focused on real estate development and services in Phuket. The precise corporate structure and shareholding relationships between the group companies are not documented in publicly available sources. The group is said to have over 15 years of experience, but a specific founding year for Alisha Property Co., Ltd. has not been verified.
The company is privately held, and the names of its shareholders, directors, and key leadership are not available in the provided research materials. It is important not to confuse this Phuket-based entity with a similarly named Indian company, "Alisha Projects Pvt Ltd." The developer does not maintain a verifiable corporate website, and its primary presence is through listings on third-party real estate portals.
Phuket portfolio
Alisha Property and its affiliated group companies focus on low-density villa developments, primarily in the Thalang and Mueang Phuket districts. The group is associated with approximately seven projects in the region.
- Alisha Sea View Villas: A completed development of eight hillside pool villas in Ko Kaeo, Mueang Phuket. The project, featuring 4-6 bedroom units, was reportedly finished in 2023 and is explicitly attributed to Alisha Property Co., Ltd.
- Alisha Forest Thalang Phuket: A house and villa project located in Si Sunthon, Thalang. While not explicitly attributed to a specific legal entity in all listings, its branding and location place it within a cluster of other "Alisha" projects. Its completion was anticipated around mid-2024.
- Alisha Grand: A residential villa estate in the Bang Tao area of Thalang, offering 3-5 bedroom villas on large plots. This project is attributed to the broader "Alisha Group." Launch and completion dates are not specified in available sources.
What buyers should know
In late 2025, multiple mainstream Thai and English-language news outlets reported on serious complaints from a group of Thai and foreign buyers concerning an unfinished luxury pool-villa project in Phuket.
According to these reports, buyers alleged they collectively lost over 100 million baht on the project. They claimed that an agent, who represented himself as the owner of "Alicha Grand" and "Alisha Property," sold them villas for which construction later stalled, leaving only partial structures. The buyers also alleged that they later discovered the project land was not owned by the agent or the companies, but by a local politician.
The buyers' legal representative publicly characterized the case as showing signs of public fraud and stated his intention to escalate the complaints to national-level authorities, citing a lack of progress with local police. The reports note that the property companies involved were allegedly linked to relatives of a provincial official, though this required further verification.
It is important to note that these are allegations detailed in news reports. The provided research did not contain information about any formal court judgments, criminal convictions, or regulatory sanctions issued against Alisha Property Co., Ltd. or its associated companies in relation to these claims.
Source notes: see citations below.