MQDC launches luxury complex in Bangkok’s prime Ratchadamri district
- Magnolias Ratchadamri Boulevard includes the Southeast Asian debut for Waldorf Astoria
- The luxury development comprises hotels, offices and luxury condominiums with investment opportunities for potential buyers
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For second home buyers and property investors in Hong Kong and across Southeast Asia, the property market in Thailand is ripe with opportunity as the post-pandemic rebound gathers pace.
While limited travel during the pandemic meant many purchasers decided to wait before buying, there are now clear indications that high-net-worth individuals (HNWI) are returning in numbers to take advantage of favourable market conditions.
These include the relaxation of travel restrictions, government incentives for foreigners to obtain visas and the ongoing gradual expansion of the economy. Bangkok in particular remains a key business hub with seamless access to other regional and global hubs, while the luxury property market still offers considerable value for money.
Magnolia Quality Development Corporation (MQDC) is one of Thailand’s leading property developers and continues to build on its reputation as a trusted partner for thousands of international purchasers.
The company’s property portfolio includes influential and award-winning landmarks on the Bangkok skyline, including the latest addition, Magnolias Ratchadamri Boulevard. Ratchadamri is well known as Bangkok’s most luxurious neighbourhood, a prime location in the central business district with fine shopping, dining and entertainment on the doorstep.