Thailand's independent property consultants specializing in international standard valuation, survey, research and information services while
refraining from real estate brokerage and self-interest property development to avert a potential conflict of interest, thereby ensuring the integrity of our valuation and research work.
The Company
Established
1982 as a division of Thai Engineering and Management
Development Co. Ltd.
1991 as a privately-owned company
Dr.Pornchokchai has been AREA President since 1991. He is an experienced valuer and researcher in Thailand and the ASEAN Region. Prior to starting AREA, he was a consultant to the ESCAP, UN-Habitat, International Labour Organization and other international organizations. He gained a Ph.D. in land and housing from the Asian Institute of Technology (AIT) and had further property valuation training from LRTI-Lincoln Institute of Land Policy and in housing development from Katholieke Universeit Leuven (Belgium).
Currently, Dr.Pornchokchai is the President of the Thai Appraisal Foundation which is a principal member of the FIABCI, the Director of the Thai Real Estate Business School, IAAO representative to Thailand and an international advisor to the Appraisal Foundation established by the US Congress. His research master pieces include the discovery of 1,020 slums (1985), CAMA (computer-assisterd mass appraisal) modeling (1990), forecast of 300,000 unoccupied housing units (1995 and 1998), study for property information centre (2000), land value modeling (2002), the roadmap for valuation profession (Ministry of Finance Vietnam, 2006) and the consultancy service to Ministry of Finance, Indonesia (2008).
Mr.Khongchantr has been involved
with real estate consultancy since 1988 and has been AREA's
Deputy Managing Director of Valuation since 1991. His academic
background is in geography and he is part of the AREA team
developing a digital map for valuation and research purposes.
He earned a Master Degree in Property Investment and Development
from Thammasat University, Certificate of Appraisal from the
LRTI-Lincoln Institute of Land Policy and a Diploma of Valuation
from the joint Thammasat University/University of South Australia.
He has written several papers
on real estate valuation, translates articles from leading
foreign valuation journals for Thai valuers and is helping
develop the Thai valuation profession to meet international
standards of practice. He was a very popular guest speakers
in TV or radio on real estate. Currently he is also the editor
of the ThaiAppraisal which is an official journal of the Thai
Appraisal Foundation
Ms.Chantranukul, a certified
valuer, has been with AREA since 1991. In addition to her
role of co-ordinating the company's marketing activities,
she is responsible for developing AREA's digital map for valuation
and research purposes. She holds a degree in finance from
Bangkok University and a Certificate of Appraisal from the
LRTI-Lincoln Institute of Land Policy.
advisory board
Dr.Nopanant Tapananont
Professor, Faculty of Architecture, Chulalongkorn University
Mr.Prasarn Marukpitak
Chairman, Business Life (Business Training Centre)
Mr.Sa-nga Charyavanith
Director, Condominium Dept., National Housing Authority
Mr.Wason Pongsupradit
President, Manpower Management Training Institute