Magnolia Quality Development Corporation Limited

Magnolias Ratchadamri Boulevard completed to 80%, residences set to become a luxury living benchmark in the heart of Bangkok

Foreword by Thanawan Chaiwatana, Managing Director, Magnolias Finest Corporation Co., Ltd. Happy Chinese New Year to all of our Magnolias Ratchadamri Boulevard residents! For 2016, it is expected to be much more of a positive year for Thailand, according to recent CBRE Research. The key themes going forward for the real estate market will be an improving e-commerce environment, growth in tourism, and a continued rise in prime asset prices. Buyers will continue to be willing to buy premium properties, assuming it is the right product in the right location. CBRE Research also anticipates that prime land prices in Bangkok will continue to increase and that the land price record will be broken as early as the first half of this year. During the first quarter of 2016, I'm delighted to advise that construction of Magnolias Ratchadamri Boulevard has constantly progressed according to our earliest estimates, and both you and I can now look forward to the successful completion of this international benchmark for luxury in the heart of Bangkok. Construction update Construction has progressed rapidly. The overall progress for the Waldorf Astoria Bangkok development is 68%, with the residences now complete to around 80%, so we're very pleased with the progress thus far. Soon we will be able to enjoy the incredible form of those architectural Magnolia petals blossoming beautifully against the city's glorious skyline. Construction on Zone A is complete to Floor 16, and work on the hotel's swimming pool area, as well as the framework for the inverted umbrella design aesthetic, continues apace. Zone B is complete to Floor 59, whilst Zone C is under construction on floor 5, with work currently focused on facilities, green areas and residences swimming pool. Finally, Zone D is complete to the 12th floor. Work has begun on the Waldorf Astoria Bangkok Hotel Ballroom. Last but not least …. Located in the epicentre of the exclusive Ratchadamri neighbourhood including a dynamic dining, entertainment and retail district, Magnolias Ratchadamri Boulevard is fast-becoming a stunningly beautiful and architecturally impressive landmark. Our development team is working to provide ever-more buyer value in terms of safety, comfort and convenience for our residents, and a more luxurious final form. Thank you for your support! For more information, please contact us at, Tel : +66 (2)-652-2111 or [email protected]