Assetwise Public Company LimitedASW benefits from Phuket high-season tourism demand and plans two new Phuket projects, with a 38.18bn baht backlog and record 26.76bn baht of project deliveries.
AssetWise Public Company Limited, or ASW, is preparing to launch two new projects in Phuket province in November 2026, in the Kata and Kamala beach areas, after benefiting from the arrival of the high-season tourism period and the global success of Nene Royal, winner of America's Got Talent season 21, who is from Phuket and has helped raise awareness of Phuket as a tourism destination. Kromchet Vipanpong, Chief Executive Officer of ASW, told Than Hoon that at the end of the second quarter of 2026 the company had a backlog of sales awaiting revenue recognition worth more than 38.181 billion baht, of which projects in Phuket province accounted for more than 20 billion baht, with the remainder in projects in Bangkok and its vicinity, which will gradually recognize revenue through 2028. The company remains confident it will meet its target of combined revenue of 12.5 billion baht for ASW and its affiliate Rompho Property Public Company Limited, or TITLE, according to plan. This year ASW plans to deliver 11 completed projects with a total value of more than 26.76 billion baht, a record high in its history. As for third-quarter 2026 operating results, although the period falls in the low tourism season, the company adjusted its marketing and sales strategy and achieved sales higher than the same period last year, and it expects the fourth quarter of 2026 to be the period with the highest sales and ownership transfers of the year. In addition, in the second half of September 2026 the company will launch the KAVE Bloom Kaset condominium project near Kasetsart University in the Bangkok area.
Assetwise Public Company LimitedASW benefits from Phuket high-season tourism demand and plans two new Phuket projects, with a 38.18bn baht backlog and record 26.76bn baht of project deliveries.
Rhom Bho Property Public Company LimitedASW remains confident of meeting the combined 12.5bn baht revenue target for ASW and its affiliate TITLE.