Property sales
Sammakorn plans and develops housing projects, such as detached homes, townhomes, and condominiums, then sells units to buyers.
Customers and revenue model
S
Sammakorn PCL
SET:SAMCO
Sammakorn PCL
SET:SAMCO
Price:
0.66
THB
-4.35%
Market Closed
Market Cap:
฿423.6m
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Company Overview
Business Description
- Sector
- Real Estate
- Headquarters
- Thailand TH
- IPO date
- Jun 2, 1993
Sammakorn PCL is a Thai property developer best known for building houses, townhomes, and condominium projects for homebuyers. It also develops some community retail space and rental properties, which gives it a mix of residential sales and recurring property income. Its business is centered on creating planned neighborhoods and housing projects aimed at middle-income families and people looking for ready-to-live homes.
The company makes money mainly by selling completed homes and condo units to end users, as well as earning rent from the commercial spaces and other properties it holds. Its customers are mainly individual buyers, while its rental properties serve small businesses and local tenants. In simple terms, Sammakorn sits in the middle of the property value chain: it buys land, develops projects, builds homes and neighborhood assets, and then sells or rents them out.
What makes Sammakorn’s business model different is the way it combines home development with long-term property ownership. That mix can make its income less dependent on one type of property market. For beginner investors, it is useful to think of Sammakorn as a real estate company that sells homes to Thai households and also keeps some properties to generate ongoing rental income.