Thailand property developer Magnolia Quality Development and True Corporation Group have joined forces to bring the world’s most advanced communications technology to the high-end luxury development, Magnolias Waterfront Residences.
Magnolias Waterfront Residences will be the first residence in Thailand to use ‘Fiber to Home (GPON)’, a groundbreaking technology with an internet speed rating of 2,000 Mbps.
With an investment value of THB200 million, this milestone sets new global standards for luxury residence connectivity and the ultimate in convenience for residents.
Thanawan Chaiwatana, Managing Director, Magnolia Quality Development Corporation Ltd., explained: “Our aim is to offer the best facilities and cutting edge technology to our residents in order to enhance their lives, and also contribute to fulfilling their lifestyle needs by allowing them to stay connected with the world.”
Kachorn Chiaravanont Group Executive Director, Corporate Affairs, TRUE Corporation, said, “True Corporation Group is very proud for being chosen as part of the most exclusive project that meticulously pays attention to every detail. The project reflects the unique taste and distinctive lifestyle of the residents of the Magnolias Waterfront Residences.
Magnolias Waterfront Residences is in a strategic location by the Chao Phraya River with Iconsiam’s 50-rai (20-acre) plot having one of the longest river frontages in central Bangkok of more than 400 meters.
Iconsiam is being developed through a partnership between three of Thailand’s most successful and highly reputable businesses. The development partners are Siam Piwat – the owner and operator of globally renowned prestigious retail developments including Siam Paragon, Siam Center and Siam Discovery; Magnolia Quality Development Corporation, the high-profile developer behind a number of holistic innovations for top-end residential developments, including Magnolias Ratchadamri Boulevard; and the multinational conglomerate, Charoen Pokphand Group.
Pictured from left to right: Thanomsak Kaeokhiao, Deputy Chief Operating Officer, Magnolia Quality Development Corporation Ltd.; Visit Malaisirirat, Chief Social Contribution Officer, Magnolia Quality Development Corporation Ltd.; Thanawan Chaiwatana, Managing Director, Magnolia Quality Development Corporation Ltd.; Kachorn Chiaravanont Group Executive Director, Corporate Affairs, True Corporation; Boonsearm Treeratanajaru, Deputy Director, Property sector, True Corporation; Jirawut Thana, Deputy Director, Property sector, True Corporation.
Andrew Batt, International Group Editor of PropertyGuru Group, wrote this story. To contact him about this or other stories email andrew@propertyguru.com.sg
