Sahaviriya City Public Company Limited
Sahaviriya City Public Company Limited
24th Floor, SV City Office Tower C1
Bang Pong Pang, Bangkok
Bangkok 10120
Thailand
Sahaviriya City Public Company Limited is a property development company based in Bangkok, Thailand. It is best known for its flagship project, SV City Rama 3, a large-scale mixed-use complex located in the Bang Phong Phang area of Yan Nawa District, Bangkok. This development comprises several high-rise residential towers totaling 1,125 units and includes a range of amenities such as a swimming pool, fitness center, tennis courts, and commercial spaces.
Public information about the company’s organizational structure and other projects is limited. However, Sahaviriya City Public Company Limited appears to be affiliated with the Sahaviriya Group, a major Thai industrial conglomerate that also owns Sahaviriya Steel Industries Public Company Limited (SSI)—the largest hot-rolled steel sheet producer in Southeast Asia, with an annual capacity of 4 million tons.
Notably, Sahaviriya City Public Company Limited faced significant financial difficulties in the past. In the mid-1990s, the company defaulted on $400 million worth of bond interest payments used to finance the SV City Rama 3 project. This incident was one of the most notable defaults in Thailand's property sector during that period.