Lalin Property Public Company Limited was established on September 8, 1988 with an initial registered capital of 20 million baht by Mr. Taweesak. Watcharakkawong and Mr. Chaiyan Chakarakul is a major shareholder. The Company operates a housing estate business under the slogan "A home grown on good intentions" by launching the townhouse project as the first project Under the project name, Lully Ville, in 2 areas, namely Srinakarin Road and Thuptemi, totaling 800 units, with a total area of 88 rai, with a total project value of 1,100 million baht. At present, the project has been closed. In the past, the company There has been a continuous operation of housing projects. even during the economic crisis since 1997
During the crisis of the real estate business, the Company was the initiator of marketing for many new housing projects, such as the Friend get Friend project and the adoption of an Escrow Account system to build confidence for customers, etc.
, which made the Company It is just one of the few companies in the real estate business. that does not have to enter into debt restructuring plans with financial institutions. and land as collateral for non-performing debt (NPL) of various financial institutions. Including the purchase from the auction of assets from the Organization for Reform of the Financial Institutions System (FOR) to develop the project further. As a result, the company Able to develop projects continuously and has increased sales every year as well as having operating costs that can compete with competitors in today's fierce competition
The company has continually increased its registered capital to support the expansion of development projects. until now The company has a total paid-up capital of 825 million baht and changed its status to a public company on September 3, 2002.