At a glance
- Company Name: Andaman Asset Solution Co., Ltd. (บริษัท อันดามัน แอสเซท โซลูชั่น จำกัด)
- Founded: December 2020
- Headquarters: Cherng Talay, Thalang, Phuket, Thailand
- Business Focus: Luxury pool villa development and real estate consulting
- Primary Market: Phuket, with a concentration in the Cherngtalay and Thalang areas
- Ownership: Private limited company, not publicly listed
Heritage and ownership
Andaman Asset Solution Co., Ltd. is a Thai private limited company registered on 21 December 2020. The company's registered office is located in Cherng Talay, Thalang District, Phuket. It operates as a privately held entity with no verifiable public market listing on the Stock Exchange of Thailand (SET) or other exchanges. Based on available public records, there is no evidence of a parent company or a disclosed holding group structure.
The company's official website presents its focus as luxury villa development and real estate consulting in Phuket. While the company has stated an internal goal of pursuing an Initial Public Offering (IPO) by 2028, it is not currently a listed entity. Key leadership positions such as directors or CEO have not been identified from the publicly available sources reviewed. The company's scale appears to be that of a small-to-mid-sized local developer focused on the Phuket market, rather than a large national player.
Phuket portfolio
Andaman Asset Solution's development activity is concentrated in the Thalang district of Phuket, particularly in and around the Cherngtalay area, which includes popular zones like Bang Tao and Layan. The developer specializes in pool villa communities. While a complete and authoritative list of all projects is not available from a single source, several developments are consistently attributed to the company across its own website and third-party real estate portals.
Confirmed projects include:
- The Residence by Andaman Asset Solution: A low-rise housing or villa project located in Thalang, Phuket. The total number of units has been cited as 24 or 28 in different listings, with a completion year noted as 2022 in one source, though this is not consistently verified across all platforms.
- The Trinity Village: A pool villa development located in Si Sunthon, an inland subdistrict of Thalang that serves the broader Cherngtalay area. A specific completion year for this project is not clearly stated in available sources.
- The Trinity Prime: A pool villa project in Thalang, described as featuring a Contemporary Thai style. Third-party listings indicate a completion year of 2024 for its four units.
Another project named "The Residence Prime" is also located in Phuket, but its direct attribution to Andaman Asset Solution could not be definitively verified from the provided source material.
What buyers should know
A review of public records, including Thai corporate databases, regulatory announcements, and mainstream media, did not reveal any documented legal issues, regulatory enforcement actions, or significant public controversies associated with Andaman Asset Solution Co., Ltd. or its named projects. Searches in English-language media and property forums did not surface a clear pattern of serious, corroborated buyer complaints regarding issues like non-delivery, systematic construction defects, or title deed problems.
This absence of negative public information suggests no high-profile or widespread issues have been reported through these channels. However, it is important to note that not all property disputes in Thailand become public record or receive media coverage, especially if resolved privately.
For any potential investment, standard due diligence is essential. Prospective buyers are advised to engage a qualified Thai property lawyer to conduct independent checks. Key steps should include:
- Verifying the company's current registration status and authorized signatories directly with the Department of Business Development (DBD).
- Conducting a thorough title search on the specific land plot (chanote) to check for any mortgages, liens, or other encumbrances.
- Confirming that all necessary building permits, environmental clearances, and EIA approvals (where applicable) are in place for the project.
- Carefully reviewing the terms of the sale and purchase agreement, along with any associated management or rental program contracts.
Requesting a list of completed projects for reference and evidence of construction insurance can provide additional layers of assurance.
Source notes: see citations below.