Bangkok housing scheme to be Thailand’s largest

• 23 December 2019
• Property Focus
• 4344 Views

Thai property company Magnolia Quality Development (MQDC) will expand the Forestias residential project on the outskirts of Bangkok to create the largest residential project in Thailand.

The expansion will be funded with an investment of US$1.2 billion in addition to the US$3billion already invested. The project size will also increase by 16 hectares from 48 hectares to 64 hectares.

Located some 15km southeast of central Bangkok, Forestias will consist of villas and condominiums based around a 4.8ha forest, along with retail and office units, a sports complex, a five-star hotel, a theatre, and a “Family Life Centre”, which will have “edutainment” facilities. There will also be a 1.6km elevated walkway connecting these elements together.