At a glance
Tri Property Co., Ltd. (บริษัท ไตร พร็อพเพอตี้ จำกัด) is a privately-held real estate development company registered in Thailand in March 2009. The company operates with a registered capital of 175 million THB and is classified under the business category of buying and selling self-owned residential real estate. Its primary business objective is the development and sale of condominium units. The company is known for its 'Proud' brand condominiums in Bangkok and its 'Zcape' (or 'Scape') brand projects in Phuket.
Heritage and ownership
Registered as TRI PROPERTY COMPANY LIMITED (Registration No: 0105552025538), the company was established to focus on developing residential condominiums for sale in the Bangkok metropolitan area. By 2018, the company had developed six projects under its 'Proud' and 'Zcape' brands, with a combined value of approximately 3 billion THB.
In 2018, Tri Property announced an expansion of its business structure through the establishment of a subsidiary, Ana Development Co., Ltd. (บริษัท อาณา ดีเวลลอปเมนท์ จำกัด), with a registered capital of 100 million THB. This new entity was created to pursue condominium developments in other provinces, as well as to enter the hotel and senior care sectors. The first project announced under Ana Development was SPACE Condominium Phuket.
Phuket portfolio
Tri Property's presence in Phuket is primarily defined by its 'Zcape' series of low-rise condominium projects located in the Cherng Talay / Laguna area. Based on available documentation, the company developed at least three projects under this brand:
- Zcape I: A condominium project in the Laguna area, launched around January 2014. It was reported as a 7-storey building with 198 units.
- Zcape X2: A 7-storey low-rise condominium in Cherng Talay with 191 residential units. The project's sales launch was confirmed for December 2013, with completion also in 2013.
- Zcape 3: An 8-floor condominium with 417 units, reported as completed in 2015.
While other projects in Phuket have been associated with similar branding, these three Zcape developments are the most directly attributable to the legal entity Tri Property Co., Ltd. based on the provided research.
What buyers should know
Based on a review of publicly accessible records, mainstream media, and regulatory filings, there are no documented legal issues, regulatory sanctions, or significant public controversies specifically involving Tri Property Co., Ltd. or its Phuket developments. The company is privately held and not listed on the Stock Exchange of Thailand (SET), meaning it is not subject to the same public disclosure requirements as listed developers.
Research did not find any links between Tri Property and unrelated property scandals, such as the 'ghost permit' issues investigated on Koh Samui. The absence of negative public records is a positive indicator, but it does not entirely preclude the possibility of private disputes or unrecorded complaints. As with any property transaction, prospective buyers should conduct their own specific due diligence on individual units, including checks on title deeds, building permits, and the status of the juristic person (condominium management).
Source notes: see citations below.