Lalin Property Pcl (Thailand)

Lalin Property Pcl is a Thailand-based company located in Bangkok, Special Governed District of. It was established on September 8, 1988, with an initial registered capital of 20 million baht. The major shareholders are Mr. Taweesak Watcharackawong and Mr. Chaiyant Chakornkul. The company is primarily engaged in property development and operates in the real estate development business. The company has launched various housing projects, including Lally Ville in two locations: Srinakarin Road and Thuptemi Incense. The project consisted of 800 units with a total area of 88 rai and a project value of 1,100 million baht. The company has also implemented marketing initiatives such as the Friend get Friend program and introduced an escrow account guarantee system to build customer confidence. Lalin Property Pcl has been able to navigate through economic crises, including the real estate crisis in 1997, without entering into a debt restructuring plan with financial institutions. The company has been a leader in implementing project and land procurement strategies, including collateral for non-performing debt (NPL) of financial institutions and purchasing from asset auctions from the Organization for Financial Institution Reform (OIC) for further project development. The company's properties include Baan Lalil The PrestigeOnnut, Lanceo CRIB Ring Road Rangsit - Klong 4, Baan Lalil The PrestigeRing, Lanceo Crib 2Suksawat-Pracha Uthit 90, Lalin Town Lanceo CRIB Lamlukka-Klong 2, Lanceo Crib Rattanathibet-Westgate, Lanceo CRIB 2 Pinklao-Rama 5, Lalin Town Lanceo CRIB Chaiyaphruek-Sai Noi, Lanceo CRIB 2Rattanathibet, Lanceo CRIB Srinakarin-Theparak, Lalin Town Lanceo CRIB 3Bangna, Lalin Town Lanceo CRIBBANGNA, Lalin Town Lanceo CRIBTheparak, Lalin Town Lanceo CRIB Rangsit-Klong 2, Lanceo CRIB Ring Road-Lamlukka Klong 4-5, Lanceo CRIB Ring Road-Lamlukka Klong 6, Lanceo PRIDE Bangyai-Westgate, Lanceo PRIDE Bangyai-Westgate, Lanceo CRIB Phetkasem 81, Lanceo CRIB Phetkasem - Om Yai, Lanceo Ramintra-Watcharapol, and Lanceo Ramintra-Nawamin.