AP (Thailand) Public Company Limited) was established in 1991 by Mr. Anuphong Assavabhokhin and Mr. Pichet Vipavasuphakorn to develop residential projects in Bangkok Metropolitan Area (BMA). In mid-2000, the company merged with PCM Public Company Limited (PCM) and has changed its name to "Asian Property Development Public Company Limited (APD)". Prior to the merger, PCM - precast concrete floor producer - was majority owned by Land and Houses (LH) and has been listed on the Stock Exchange of Thailand (SET) since 22 September 1992.
Since the merger between Asian Property and PCM in year 2000, Asian Property Development set a new company called PCM Construction Material Company Limited (PCMC), 100% owned, manufacturing precast concrete floors. Meanwhile, Asian Property Development Plc. has continued to develop many kinds of residential projects.
In early-2004, Asian Property Development Plc. sold out PCMC to Pre-built Public Company Limited which is a contractor. Meanwhile, APD increased its stake in
Pre-built Plc. from 19.8% to 64.73%.
At this moment, AP (Thailand) Public Company Limited) develops and launches many types of residential projects - townhouses, Single Detached Houses and condominiums -under brands of Baan Klang Krung, Baan Klang Muang, The City and CitiSmart Condo.
Townhouse projects in the past included Baan Butsakorn, Baan Pichada, Baan Monrada, Baan Rom Ngao Mai, Monvadee Park, Monvadee Green Park,
Baan Klang Muang (Rama 9), Baan Klang Muang (Ladprao 71), Baan Klang Muang
(Ratchada - Mengjai 1, 2 and 3), Baan Klang Muang (Mengjai - Ladprao 80), Baan Klang Muang (Rama 9 - Srinakarin), Baan Klang Muang (Ladprao - Chokchai 4), Baan Klang Muang (Ratchada - Ladprao 25) ,Baan Klang Muang (Ladprao - Yotinpattana),
Baan Klang Krung (Sathorn - Yen arkat), Baan Klang Krung (British Town - Thonglor),
Baan Klang Krung (Sathorn - Chan Road), Baan Klang Krung (Sathorn - North South Road), Baan Klang Krung
(Sathorn - Naratiwas).
Single Detached House projects included Nunnalin (Pinklao), Baan Klang Krung (Rama 9), Place and Park, The City (Pinklao), The City (Pinklao - Rama 5)
Condominium projects included Baan Sukhumvit 77, Patumwan Resort, CitiSmart Condo (Sukhumvit 18)
APD's subsidiary Pre-built Plc., founded in 1995, was held by Mr. Viroj Charoentra,
Asian Property Company Limited, and Quest Capital. This contractor company is well recognized by public and private clients and focuses on small to medium size construction.
In 1997, Pre-built Plc. developed and utilized prefabrication technology called Pre-cast
Concrete System from Australia for its construction in order to reduce the period of housing construction. At present, Pre-built Plc. has registered capital of 200 million Baht.