Capstone Asset: Phuket Developer and Projects
Capstone Asset, a luxury developer from Bangkok founded in 2019, is making its Phuket debut with PEYLAA. Our catalogue features one of its projects — PEYLAA Phuket, Autograph Collection Residences in Bang Tao, priced from THB 7.9M. Below: what is known about the company and what to check before you buy.
Projects in our catalog: 1
About Capstone Asset
Founded in Bangkok in 2019, luxury developer Capstone Asset has completed eight projects worth more than THB 14 billion, every one sold out and handed over. Among them are Cooper Siam, Tonson One Residence and the Quarter series of urban villas in Bangkok. With PEYLAA in Bang Tao the company enters Phuket for the first time, and the project is the debut of Marriott's Autograph Collection Residences in the Asia Pacific region.
Capstone Asset projects in our catalogue
Our catalogue features PEYLAA Phuket, Autograph Collection Residences: a condominium in Bang Tao (Bang Tao), in pre-sale, priced from THB 7.9M.
Capstone Asset reviews: what to check before buying
Check which legal entity signs the contract and who holds the land title and the building permit: projects are often run by a separate project company rather than the parent brand. For off-plan units, check the building permit (and the EIA for larger complexes), the stage-based payment schedule, the completion date and delay penalties, and exactly what the price includes — furniture, appliances, parking.
Legally, a condo can be owned freehold within the building's 49% foreign quota, with funds sent from abroad (FET certificate). The company's experience outside Phuket helps, but ask separately about local issues — the rainy season, drainage and rental management — since it has no completed Phuket projects in our catalogue yet. We request these documents before you reserve and go through them with you.