A new oxidized heptene, 7‐benzoyloxy‐4‐hydroxy‐1‐ethoxy‐2E,4Z‐heptadiene‐1,6‐dione, namely siamheptene A (1), together with eight known compounds (2–9), were isolated from the leaves of Uvaria siamensis. Their structures were identified by detailed analysis of spectroscopic (IR, 1D and 2D NMR) and mass spectrometric data. Compound 9 is reported for the first time from Uvaria genus. Siamheptene A was evaluated for cytotoxicity against HeLa (cervical cancer cells), A549 (lung cancer cells), and Vero cells using the MTT assay and screened for antibacterial activities. In addition, isolated compounds (1–7, and 9) were investigated for their antioxidant (DPPH, FRAP and ABTS assays), anti‐glycation, and anti‐tyrosinase properties. Based on our results,compound 1 had mild cytotoxicity against Hela and A549 cancer cell lines, with IC50 ranging from 31.09 to 31.67 μg/mL. Compound 1 also showed antioxidant activities in all tasted assays. However, it showed no detectable activity (> 128 μg/mL) against various bacterial strains, and it has no inhibitory effects on tyrosinase enzymes. Among of all tested compounds, chrysin (5), showcased highest anti‐glycation and anti‐tyrosinase activities. This comprehensive analysis provides highlighting the potential of 1 as a lead compound for further structural modification and development of cytotoxic or antioxidant agents.