LPN develops urban and vacation condominiums, houses, townhomes and office or commercial property in Thailand, primarily for middle- to lower-middle-income households while serving broader income groups through its 168 and premium offerings, combining development-for-sale with related property-management and community services.
AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.
AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.
AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.
AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.
| Project | Overall | Structure & systems | Management & living |
|---|---|---|---|
| Lumpini Park Boromratchachonni SirindhornBangplad, Bangkok649 units | 9.2/ 10 | —/ 10 | 9.2/ 10 |
Google Reviews/Maps supplies the anchor at 4.7/5 from 57 reviews, converted to 9.1 before commentary. Repeated praise for quiet green surroundings and security/staff supports a modest upward adjustment; the PropertyHub result is too small to anchor or dissent, and no structural score is assigned because no building-systems rating was published. | |||
หลักฐานที่เปิดอ่านไม่ได้รายงานความเสียหายเชิงโครงสร้าง น้ำรั่ว ระบบไฟฟ้า ระบบประปา หรือลิฟต์ขัดข้องเป็นประจำ จึงไม่มีคะแนน STRUCTURE. PropertyHub มีข้อสังเกตหนึ่งรายการว่า “บางมุม บางห้องจะหันระเบียงทางทิศตะวันตก ทำให้ห้องร้อน ต้องตรวจสอบ” ซึ่งเป็นข้อควรตรวจสอบเฉพาะตำแหน่ง ไม่ใช่หลักฐานความบกพร่องของทั้งอาคาร. | รีวิว Google ที่อ่านส่วนใหญ่ชื่นชมชีวิตประจำวันว่า “เงียบสงบ” “ไม่วุ่นวาย” และมีพื้นที่สีเขียว โดยหลายความเห็นให้ 5/5 และชม รปภ.ว่าทักทายและรักษาความปลอดภัยดี. อย่างไรก็ดี รีวิววันที่ 2025-05-25 ให้ 1/5 และระบุว่า “พื้นที่ Co-Working Space ใช้งานไม่ได้จริง” ชาร์จโน้ตบุ๊กไม่ได้ แอร์เปิดตามเวลา และมีค่าใช้เพิ่มวันละ 200 บาท; นี่เป็นข้อร้องเรียนรายเดียวที่พบ ไม่ใช่ธีมที่ยืนยันว่าซ้ำหลายรีวิว. | ||
| Venue 24 RatchaphruekPak Kret, Nonthaburi169 units | 9.1/ 10 | —/ 10 | 9.1/ 10 |
Google Reviews/Maps provides the largest qualifying published review base found: 4.7/5 from 11 reviews, which converts to approximately 9.1/10 on the specified curve. The displayed written reviews are uniformly positive, with one noting numerous handover corrections and uncertainty after warranty, but no recurring or severe complaint was established, so no commentary adjustment was applied. | |||
The published review material does not provide a structural or systems rating. One five-star reviewer reported that the handover inspection found “จุดที่ต้องให้แก้ไขค่อนข้างเยอะ” (quite a lot of points needing correction), but also said the project corrected them promptly and provided updates; this is a single report, not a recurring structural failure. | The published reviews describe a generally positive day-to-day impression: one reviewer wrote that the location is convenient, near shopping and food, and that “เจ้าหน้าที่ทุกคนดูแลดีครับ” (all staff take good care). Another said sales staff, employees and project technicians were good, that corrections were completed quickly and updates were provided, while expressing uncertainty about service after the warranty ends. | ||
| PLACE 168 PinklaoBangkok Noi, Bangkok807 units | 8.0/ 10 | —/ 10 | 7.5/ 10 |
The building-specific rating page publishes 4.8/5 from five reviews, making it the only usable aggregate found, but the review base is below ten so the score is constrained to within one point of 6.5 under the stated rule. The available written evidence is positive but thin and largely construction-period or project-preview material, so no additional adjustment is justified; independent structural-condition evidence from residents remains unevidenced. | |||
No resident review reported a structural, plumbing, HVAC, electrical, waterproofing or lift failure. The developer’s 31 March 2026 progress update reported 100% completion for structure, plumbing, lifts, electrical systems and air-conditioning installation; this is a project-status statement rather than an independent resident-condition review. | The available published rating is strongly positive at 4.8/5, although it rests on only five reviews and the visible written comment is from the construction period rather than an established resident year. Independent project reviews praise the amenities, 24-hour security and lower-density single-loaded-corridor layout, while the available resident-style evidence does not report management or upkeep complaints. | ||
| Lumpini Place Chaengwatthana Pakkret StationPak Kret, Nonthaburi536 units | 7.4/ 10 | —/ 10 | 6.5/ 10 |
PropertyHub is the only specific-building published aggregate located: 5.0/5 from one review, whose direct review evidence is positive. Because the rating has fewer than 10 reviews, the score is kept within one point of the required 6.5 low-confidence band rather than adopting the raw 10/10 conversion; no structural score is assigned because no resident review reported physical-system performance. | |||
no notes returned no links returned | The only resident-style review describes the condominium as “เงียบสงบ” (“quiet and peaceful”), and praises the availability of several co-working rooms. It also specifically highlights the saltwater pool and the fitness facility’s view from the 26th floor; no operational complaint was published in the review read. | ||
| Maison 168 MuangthongPak Kret, Nonthaburi235 units | 7.3/ 10 | —/ 10 | 7.3/ 10 |
The 4.1/5 building-level aggregate from 11 reviews is the only published rating found that reaches the 10-review anchor threshold, converting to 7.3/10 on the specified curve. The visible written comments include one operational complaint, but it is a single minor report rather than a recurring theme, so no commentary adjustment is applied; structural evidence is insufficient for a structure score. | |||
no notes returned no links returned | The building page publishes an overall 4.1/5 from 11 reviews, but the visible written feedback is sparse and mixed. One reviewer wrote “ยามช้าๆมาก” (“the guard is very slow”), while another said “แค่แวะมาดู” (“just stopped by to look”) and rated the visit 4/5; the latter is not a substantive resident-living assessment. | ||
| Lumpini Place Rama 3 - RiverineYan Nawa, Bangkok | 7.2/ 10 | —/ 10 | 7.5/ 10 |
PropertyHub is the only located platform publishing a building-specific aggregate: 5.0/5 from 2 project reviews, which converts to 10 under the stated curve but must remain within one point of 6.5 because the review base is below 10. The resulting 7.5 anchor is reduced to 7.0 for the separately reported fatal crane-collapse incident during construction; resident evidence is sparse and does not establish post-completion structural performance. | |||
A January 23, 2019 report stated that a construction crane at the project collapsed, killing four workers and initially injuring four others; this was a construction-site event, not evidence of a post-completion resident building defect. The reviewed resident material contains no post-completion reports about plumbing, HVAC, leaks, electrical systems or finished structural performance. | The only resident-style review read says, in translation, that the room is attractive, the price is reasonable and the common facilities are good: “ห้องสวยดี ราคาไม่แพง ระบบส่วนกลางดี โดยรวมถือว่าโอเครเลย.” The second entry is promotional rather than operational feedback, and no published review read here reports management delay, staff hostility, security problems or poor upkeep. |
LPN and Nye agreed to establish Dolsiri Development Co., Ltd. to develop, rent out and manage an office and commercial building project on Rama 4 Road.
Treekacha owns the Rama 4 Road land and agreed to rent it for 55 years to Dolsiri Development, the LPN subsidiary established for the project.
LPN and Nye Estate Co., Ltd. (“Nye”) are real estate developers.
The Company has set up a joint venture with another company with the investment proportion of more than 10% of the paid-up capital of the joint-stock company.
Both companies have thus decided to establish a joint-stock company to develop an office and commercial building project on a rented plot of land on Rama 4 road which is owned by Treekacha Co., Ltd.
which is owned by Treekacha Co., Ltd.
which is owned by Treekacha Co., Ltd.
Treekacha Co., Ltd. has agreed to rentout a plot of land with the size of 3 rai and 7.5 sq.wa located on Rama 4 road, Prakhanong sub-district, Klongtoei, Bangkok for the period of 55 years to Dolsiri Development Co., Ltd
| COMPANY NUMBER | 0107537002303 Department of Business Development, Thailand · TH · Operating |
| Thailand | active 10 projects tracked |
| Residential, for sale | 10 of 10 |
| Office | 1 of 10 |
- LL.B. (Honors), Thammasat University
- LL.B. (Honors), Thammasat University
- Barrister-at-Law, Lincoln’s Inn, London
- Barrister-at-Law, Lincoln’s Inn, London
Mr. Amornsuk Noparumpa Chairman of the Board of Directors and Independent Director
1998 - present • Independent Director, Chairman of Audit Committee and Nomination, Corporate Governance and Sustainability Committee Member, RCL Public Co., Ltd.
Director, Audit Committee Member, Executive Director, Nomination, Remuneration and Human Resources Development Committee and advisor to the Executive Committee, Thai Airways International Public Co., Ltd.
Chairman of the Board of Directors, Krungsri Securities Public Co., Ltd.
Chairman of the Board of Directors, Siam Realty and Services Co., Ltd.
Independent Director, Energy Absolute Public Co., Ltd.
Vice President, Bank of Ayudhya Public Co., Ltd.
2015 - present • Chairman of the Board of Directors and Independent Director, L.P.N. Development Public Co., Ltd.
Director, Audit Committee Member, Executive Director, Nomination, Remuneration and Human Resources Development Committee and advisor to the Executive Committee, Thai Airways International Public Co., Ltd. - Chairman of the Board of Directors, Siam Realty and Services Co., Ltd. - Chairman of the Board of Directors, Krungsri Securities Public Co., Ltd. - Vice President, Bank of Ayudhya Public Co., Ltd.
Chairman of the Board of Directors and Independent Director
Chairman of the Board of Directors and Independent Director
- LL.B. (Honors), Thammasat University
- Barrister-at-Law, Lincoln’s Inn, London
- Vice President, Bank of Ayudhya Public Co., Ltd.
- 1998 - present • Independent Director, Chairman of Audit Committee and Nomination, Corporate Governance and Sustainability Committee Member, RCL Public Co., Ltd.
Chairman of the Board of Directors and Independent Director
- Master of Business Administration (MBA), Ramkhamhaeng University
- Master of Business Administration (MBA), Ramkhamhaeng University
Mr. Chanyuth Chatpiriyaphan Vice Chairman of the Board of Directors and Risk Management Committee Member
- 2025 - Present • Director, LPP Property Management Co., Ltd.
- 2019 - Present • Chairman of advisors, Kaihuad Chan Hatairat Co., Ltd.
- 2019 - Present • Chairman of advisors, Metal Copper Co., Ltd.
- 2019 - Present • President of the Thai Recyclers Trade Association
- 2019 - Present • Chairperson of the Committee of Rattanakosinsompoch Bangkhen School
- Director, Kamala Senior Living Co., Ltd.
- 2025 - Present • Vice Chairman of the Board of Directors and Risk Management Committee Member and Chairman of The financial Transactions, The Registration and Legal Procedures Associated with Land, Condominiums and Housing Projects Committee
- 2025 - Present • Vice Chairman of the Board of Directors and Risk Management Committee Member and Chairman of The financial Transactions, The Registration and Legal Procedures Associated with Land, Condominiums and Housing Projects Committee
Vice Chairman of the Board of Directors and Risk Management Committee Member
Vice Chairman of the Board of Directors and Risk Management Committee Member
- Master of Business Administration (MBA), Ramkhamhaeng University
Ms. Daranee Chatphiriyaphan and her group, hold about 20% of the shares and she is now the CEO.
- 2019 - Present • President of the Thai Recyclers Trade Association
- 2025 - Present • Director, LPP Property Management Co., Ltd.
Vice Chairman of the Board of Directors and Risk Management Committee Member
- Bachelor degree in Business Administration, majoring in Finance and Banking, Assumption University, Thailand
- Bachelor degree in Business Administration, majoring in Finance and Banking, Assumption University, Thailand
- Beijing Chinese Language and Culture College, Beijing, Chin
Miss Daranee Chatphiriyaphan Director, Nomination, Remuneration, Good Corporate Governance and Sustainability Committee Member and Risk Management Committee Member and Chief Executive Officer
Daranee Chatphiriyaphan - LPN Development PCL. Daranee Chatphiriyaphan. Chief Executive Officer at LPN Development PCL.
- 2024 - Present • Director and Acting Managing Director, Pornsanti Co., Ltd.
- 2024 - Present • Director, Dolsiri Development Co., Ltd.
Deputy Managing Director, Kaihuad Chan Warehouse Co., Ltd.
Managing Director, Kaihuad Chan Hatairat Co., Ltd.
Deputy Managing Director, METAL COPPER COMPANY LIMITED
2025 - Present • Director, Nomination, Remuneration, Good Corporate Governance and Sustainability Committee Member and Risk Management Committee Member and Chief Executive Officer, L.P.N. Development Public Co., Ltd.
- Bachelor degree in Business Administration, majoring in Finance and Banking, Assumption University, Thailand ... - Assistant Chief Financial Officer, L.P.N. Development Public Co., Ltd. - Deputy Managing Director, Kaihuad Chan Warehouse Co., Ltd. - Managing Director, Kaihuad Chan Hatairat Co., Ltd. - Deputy Managing Director, METAL COPPER COMPANY LIMITED
and Chief Executive Officer
Bachelor degree in Business Administration, majoring in Finance and Banking
Bachelor degree in Business Administration, majoring in Finance and Banking, Assumption University, Thailand
Ms. Daranee Chatphiriyaphan and her group, hold about 20% of the shares and she is now the CEO.
Director, Nomination, Remuneration, Good Corporate Governance and Sustainability Committee Member
Director, Nomination, Remuneration, Good Corporate Governance and Sustainability Committee Member and Risk Management Committee Member and Chief Executive Officer
Graduated with a master's degree Business Administration from Sasin Graduate Institute of Business Administration of Chulalongkorn University
Bachelor of Business Administration Department of Banking and Finance Faculty of Commerce and Accountancy Chulalongkorn University
Bachelor of Business Administration Department of Banking and Finance Faculty of Commerce and Accountancy Chulalongkorn University
10.Mr. Apichart Kasemkulsiri Director and Risk Management Committee Member
Senior Executive Vice President Industrial and Commercial Bank of China (Thai) Public Company Limited.
executive director and Executive Vice President, Treasury and Banking Operations Group, ICBC Bank (Thai) Public Company Limited
Company Director Sin Asia Securities Co., Ltd. and ICBC (Thai) Leasing Co., Ltd.
Company Director Sin Asia Securities Co., Ltd. and ICBC (Thai) Leasing Co., Ltd.
Chief Financial Officer of Samart I-Mobile Public Company Limited
Mr. Apichart Kasemkulsiri, Chairman of the Executive Committee
Has special expertise in financial management
position of Chief Executive Officer
Graduated with a master's degree Business Administration from Sasin Graduate Institute of Business Administration of Chulalongkorn University
from Sasin Graduate Institute of Business Administration of Chulalongkorn University
executive director and Executive Vice President, Treasury and Banking Operations Group, ICBC Bank (Thai) Public Company Limited
Chief Financial Officer of Samart I-Mobile Public Company Limited
10.Mr. Apichart Kasemkulsiri Director and Risk Management Committee Member
- Master of Business Administration, Ramkhamhaeng University
- Master of Business Administration, Ramkhamhaeng University
- Bachelor of Architecture, Rangsit University
- Bachelor of Architecture, Rangsit University
Mr. Sombat Chanyutthakorn Director, Risk Management Committee Member and Deputy Chief Executive Officer
- 2019 - 2024 • Senior Director of Business Development, Noble Development Public Co., Ltd.
- Managing Director, Arbor Property Co., Ltd.
- Executive, Pre-Construction Management LPS Project Management Co., Ltd.
- 2026 - Present • Risk Management Committee Member, The Financial Transactions, The Registration and Legal Procedures Associated with Land, Condominiums and Housing Projects Committee Member and Deputy Chief Executive Officer L.P.N. Development Public Co., Ltd.
- 2024 - 2024 • Executive Director, Risk Management Committee Member and Managing Director L.P.N. Development Public Co., Ltd. - 2019 - 2024 • Senior Director of Business Development, Noble Development Public Co., Ltd.
Deputy Chief Executive Officer
- Master of Business Administration, Ramkhamhaeng University
- Bachelor of Architecture, Rangsit University
- 2019 - 2024 • Senior Director of Business Development, Noble Development Public Co., Ltd.
- Managing Director, Arbor Property Co., Ltd.
- Executive, Pre-Construction Management LPS Project Management Co., Ltd.
Director, Risk Management Committee Member and Deputy Chief Executive Officer
Education - Bachelor of Economics, Ramkhamhaeng University
Education - Bachelor of Economics, Ramkhamhaeng University
Certificate of Advanced Accounting, Pitman Examination Institute
Certificate of Advanced Accounting, Pitman Examination Institute
Name: Mrs. Yupa Techakraisri Age: 75 years Type of Director to be Appointed: Director
1989 – Present - Director, T. Krungthai Industries Public Co., Ltd.
2001 - Present - Director, Chadsan Phansuan Co., Ltd.
1996 - Present - Director, T. Thai Snack Foods Co., Ltd.
1988 - Present - Director, SSA Industries Co., Ltd.
1973 - Present - Director, S.S.A. Group Co., Ltd.
1989 – Present - Director, L.P.N. Development Public Co., Ltd.
Shareholding - 14,669,499 shares (including spouses) 1.01% of the total shares sold in the Company (Information as of 31 st December 2025) ... Field Expertise - Accounting, Finance and Management
1989 – Present - Director, L.P.N. Development Public Co., Ltd.
Field Expertise - Accounting, Finance and Management
Year of appointment as the Company’s Director 1989 – 2025 (Total 36 years.)
14,669,499 shares (including spouses) 1.01% of the total shares sold in the Company
Non-listed companies: 2001 - Present - Director, Chadsan Phansuan Co., Ltd. 1996 - Present - Director, T. Thai Snack Foods Co., Ltd. 1988 - Present - Director, SSA Industries Co., Ltd. 1973 - Present - Director, S.S.A. Group Co., Ltd.
Type of Director to be Appointed: Director
0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.
| Project | Location | Type | Units | Floors | Area | Cost | Payment plan | Launched | Construction start | Original target | Handover | Delay | Confidence | Status |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PLACE 168 Pinklao | Bangkok, Thailand Bangkok Noi | residential for sale | 8071 | 28, 23, 27, 27; 9; 2 | — | — | — | 2022 | 2022 | Jan 2026 – Mar 2026 | Mar 2026 | +1.0 mo (0.0 to +2.0) | estimated | completed |
| EARN by LPN | Chonburi, Thailand Mueang District | residential for sale | 1,7961 | 8; 6 | — | THB 2.1bn gdv | — | 2025 | 7-8 มิ.ย.นี้ | Oct 2025 – Dec 2025 | Oct 2025 | −1.0 mo (−2.0 to 0.0) | estimated | completed |
| Baan Lumpini Kaew In | Nonthaburi, Thailand Bang Yai | residential for sale | — | — | 187 m² | THB 600m gdv | — | 2025 | 21-22 June 2025 | — | Jan 2025 – Dec 2025 | — | not scorable | completed |
| Lumpini Park Boromratchachonni Sirindhorn | Bangkok, Thailand Bangplad | residential for sale | 6491 | 23, 22, 24; 9 | — | — | — | 2018 | 30 June 2018 | Feb 2020 | Jul 2024 | +53.0 mo (+53.0 to +53.0) | sourced | completed |
| Lumpini Place Chaengwatthana Pakkret Station | Nonthaburi, Thailand Pak Kret | residential for sale | 5361 | 26 | — | — | — | 2022 | 23-24 Apr. | Feb 2024 | May 2024 | +3.0 mo (+3.0 to +3.0) | sourced | completed |
| Lumpini Place Rama 3 - Riverine | Bangkok, Thailand Yan Nawa | residential for sale | — | — | — | — | — | 2017 | 9 ธ.ค. นี้ | Sep 2019 | Mar 2024 | +54.0 mo (+54.0 to +54.0) | sourced | completed |
| Lumpini Condo Town Ekachai 48 | Bangkok, Thailand Bang Bon | residential for sale | 1,7841 | 8 | — | — | — | 2020 | November 2020 | Oct 2021 – Dec 2021 | Jan 2023 – Dec 2023 | +19.5 mo (+13.0 to +26.0) | sourced | completed |
| Maison 168 Muangthong | Nonthaburi, Thailand Pak Kret | residential for sale, office | 2351 | 3.5; 4; 3 | 190 m² | — | — | 2023 | August 2023 | Jan 2023 – Dec 2023 | Jan 2023 – Dec 2023 | 0.0 mo (−11.0 to +11.0) | sourced | completed |
| Venue 24 Ratchaphruek | Nonthaburi, Thailand Pak Kret | residential for sale | 1691 | 2 | — | — | — | — | — | Sep 2024 | Jan 2023 – Dec 2023 | more than 9 months early | estimated | completed |
| Villa 168 Westgate | Nonthaburi, Thailand Bang Bua Thong | residential for sale | 201 | 2 | — | — | — | 2023 | 2023 | Jan 2023 – Dec 2023 | Jan 2023 – Dec 2023 | 0.0 mo (−11.0 to +11.0) | sourced | completed |
| TRIS Rating | BBB- negative outlook · 2 December 2025 |
| TRIS Rating | BB+ negative outlook · 2 December 2025 |
| Coverage | active |
| Tracked since | October 11, 2026 |
| Last checked | October 12, 2026 this month |
| Profile last researched | October 12, 2026 |
| Claim |