Thailand's largest private sector property development project 'The Forestias' amasses 42 global awards
BANGKOK, Jan. 26, 2022 /PRNewswire/ -- Magnolia Quality Development Corporation (MQDC), one of Thailand's leading property developers, announced, today, that the company's 'The Forestias' mixed-use development project in eastern Bangkok has received 42 global awards recognising the project's outstanding aspects, and that sales of residential units within the 64-hectare community has topped US$ 520 million, as at January 2022.
- The Forestias is Thailand's largest private sector property development project, valued at approximately US$ 3.8 billion, and is located in the country's rapidly developing Eastern Economic Corridor.
- Mr. Kittiphun Ouiyamaphun, Project Director The Forestias, MQDC,said, "We're humbled by the global recognition accorded our project.
- Submissions were from around 80 countries and The Forestias is the only project from Thailand to be recognised by the awards this year.
- Among other organisations recognizing The Forestias are the Outstanding Property Award London, the International Property Awards, the International Federation of Landscape Architects, the Muse Design Awards, the Dot Property Award, the Eldercare Innovation Awards, and the Asian Property Awards.