At a glance
- Developer Name: Rungtiva Condominium Co., Ltd. (บริษัท รุ่งทิวา คอนโดมิเนียม จำกัด)
- Legal Form: Private limited company, incorporated in Thailand.
- Headquarters: Songkhla Province, Thailand.
- Key Markets: Songkhla (Hat Yai), Phuket.
- Stock Listing: Not publicly listed on any stock exchange.
Heritage and ownership
Rungtiva Condominium Co., Ltd. is a privately owned Thai real estate developer registered in Songkhla province under company number 0905555000521. The company's registered activities include the purchase, sale, and rental of real estate, including land, buildings, and condominiums. Public records do not indicate that it is part of a larger listed conglomerate, and details such as its founding year and key leadership are not available in summarized public data.
Historically, the company's business has been concentrated in the Songkhla region of southern Thailand. Its portfolio consists of local condominium and low-rise residential projects. The most clearly attributed project is The Peony Condominium in Bang Klam, Songkhla. Other local projects, such as the Baan Rungtiva Park townhome development in Hat Yai, are strongly associated with the group by name, though direct linkage to the specific legal entity is not always verified in public listings.
As a private, unlisted company, Rungtiva does not disclose financial statements or project delivery statistics publicly. Based on its visible portfolio and lack of a national presence, it is characterized as a small, regional developer. The group has also diversified its business interests, noting an expansion into biomass energy through a related entity, Rungtiva Biomass Co., Ltd., established in 2018.
Phuket portfolio
The Rungtiva group has expanded its operations to Phuket, operating under the names Rungtiva Asset Co., Ltd. and "Rungtiva Phuket." This expansion marks a move into the island's luxury villa market.
The sole verifiable residential project by the group in Phuket is Rungtiva Private Pool Villas. Marketed under various names including "Rungtiva Villas" and "Rungtiva Luxury Villas," this is a low-density development of modern tropical pool villas located in the Thep Krasattri area of Thalang district. The project consists of 18 private villas and is positioned in a growing residential zone with convenient access to Bang Tao and Layan beaches. According to property portals, the project is scheduled for completion in December 2026. The precise launch year is not publicly stated.
There is no evidence in the public domain of other distinct residential projects, such as condominiums, being developed by Rungtiva Condominium Co., Ltd. or its associated entities on Phuket island. The company's own marketing materials list its historical projects as being located exclusively in Hat Yai, Songkhla.
What buyers should know
A review of publicly accessible mainstream media, court records, and regulatory announcements in both Thai and English did not reveal any documented legal issues, regulatory sanctions, or significant clusters of customer complaints involving Rungtiva Condominium Co., Ltd. or its associated entities.
A profile by a Phuket-based real estate agency specializing in the developer's Phuket project noted "no reported delays, legal disputes, or compliance issues across their project history." While this is positive, it should be considered secondary commentary from a marketing partner rather than an official legal or regulatory statement.
Buyers should note that smaller, private developers often have a limited public footprint. The absence of negative reports in mainstream channels does not constitute a full legal guarantee but indicates no widespread, publicly visible controversies. It is also important to distinguish between the different legal entities used by the group, such as Rungtiva Condominium Co., Ltd. for its Songkhla operations and Rungtiva Asset Co., Ltd. for its Phuket expansion. For definitive due diligence, consulting the official company file from Thailand's Department of Business Development (DBD) or seeking local legal counsel is recommended.
Source notes: see citations below.