In 1963, the Company started with a store that sold construction materials in Lad Prao area. With honesty and fairness at the core, the Company had gained recognition and was widely accepted in the real estate development industry. In 1981, the Company had gathered lands with high growth potential and proper infrastructures in the Northern Bangkok and the surrounding areas for the future development according to consumer needs. N.C. Housing Public Company Limited, a subsidiary of N.C. Group under the brand “Baan Fah”, was established on February 2nd 1994 by Mr. Namchai Tanthathoedtham to carry on a business in the real estate development industry. Starting off with 20 million baht registered capital; the Company then increased the capital to 200 million baht later in the year 1994 and again in the beginning of year 2008 to 1.
2 billion baht to reflect the Company’s investment plan. At present, N.C. Housing Public Company Limited is considered one of Thailand’s leading real estate developers.