Home sales
SC Asset develops and sells residential properties such as single houses, townhomes, and condominiums. It plans the projects, builds them, and transfers the units to buyers after sale.
Customers and revenue model
S
SC Asset Corporation PCL
SET:SC
SC Asset Corporation PCL
SET:SC
Price:
1.95
THB
0.52%
Market Cap:
฿8.3B
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Company Overview
Business Description
- Sector
- Real Estate
- Headquarters
- Thailand TH
- Employees
- 1 061
- IPO date
- Nov 13, 2003
SC Asset Corporation PCL is a Thai property developer that builds and sells homes and condominiums, mainly in Bangkok and nearby areas. Its products range from detached houses and townhomes to low-rise and high-rise residential projects, with a smaller presence in office and rental property. The company’s main customers are homebuyers looking for a place to live, especially middle- to upper-income buyers who want branded housing in well-located neighborhoods.
SC Asset makes money mostly by selling completed homes and condominium units, with additional income from rental properties and property-related services. Like other developers, it earns most of its revenue when it transfers ownership of a unit to the buyer, so its business depends on land acquisition, project planning, construction, and marketing. It also uses partnerships and project design to manage risk and keep a steady pipeline of homes.
What makes SC Asset’s business model distinct is that it focuses on residential property rather than being a broad construction company. It competes by choosing sites, creating housing brands, and packaging homes around lifestyle and location, which matters a lot in Thailand’s housing market. In simple terms, it is a developer that turns land into homes people can buy, while also earning some recurring income from properties it keeps and rents out.