Discover siam piwat milestones

Discover the milestones of innovations and events that have made Siam Piwat a thought leader in retail and real estate development


Every great story has a beginning

Bangkok Inter-Continental Hotels Co., Ltd. was established
with registered capital of 8 million baht.


The becoming years

Registered and paid-up capital was increased to 35 million baht.


The first
property project

Siam Inter-Continental Hotel was opened as the first 5-star international hotel in Thailand, and the first property project of the company.


The First
shopping mall

Siam Center opened as the first international standard shopping mall in Thailand and introduced shopping mall business to Thai retail market.


The next step

Registered and paid-up capital was increased to 174 million baht to facilitate business expansion.


The first lifestyle
shopping mall

Siam Discovery opened as the first lifestyle shopping mall, with the opening of Loft, the first renowned Japanese specialty store in Thailand, and Siam Piwat Tower, grade A office buiding at Pathumwan intersection in the same year.



The company was renamed as Siam Piwat Company Limited on 28 January 2003.


Siam Paragon:
world-class luxury shopping center

Siam Paragon was opened as the first world-class luxury shopping center in Thailand with the highest private investment at the time, which helped restore foreign investor confidence to the country after economic crisis.


The world-class venue

Royal Paragon Hall was launched as the world-class venue for all types of events in every scale that is strategically located in the heart of Bangkok, on the 5th floor of Siam Paragon.


A major
renovation of
Siam Center

Siam Center underwent a major renovation and reopened with a revolutionary concept as Siam Center – the Ideaopolis, an arena of limitless imagination and creativity where art, fashion, technology and lifestyle converge.


“Siam Piwat Academy”

The launch of Siam Piwat Academy”, Thailand’s first institution that transfer knowledge and experience in shopping mall and property facility management to the interested public.

Siam Piwat has also collaborated with Chulalongkorn University and Thammasat University, to introduce Thailand’s first specific courses of facility management.


The new discovery

Siam Discovery re-launched as Siam Discovery – the Exploratorium, the first and biggest lifestyle specialty store in Thailand, to deliver novel experiences and open opportunities for visitors to discover their true selves with this project, Siam Piwat’s role as a retailer has advanced to another level and become one of managing visitors’ experiences and emotions at the destination, rather than just one of managing products, categories and displays.


the icon of Thailand: ICONSIAM

Opening of ICONSIAM, a megaproject recognized at a world-class destination and the icon of Thailand’s prosperity by the Chao Phraya River. In the same year, Siam Piwat increased its registered and paid-up capital to 274 million baht.


first true premium
outlet experience

Siam Premium Outlets Bangkok was opened to bring the first true premium outlet experience with the world’s most recognized and popular brands to Thailand.


a universe of
ONLINE experiences

The launch of ONESIAM SuperApp, a smart platform that brings together experiences beyond expectations and exclusive privileges in one place and fuses the offline and online worlds into a universe of experiences that offers beyond shopping experience but also delivers diverse content based on latest trends and user interests.