MQDC, renowned as one of Thailand's top property developers, is set to showcase its prestigious Bangkok properties at an exclusive invitation-only event at The Imperial Janpath in New Delhi. Known for iconic landmarks in Bangkok, including the globally acclaimed ICONSIAM, MQDC has been a presence in India since 2019 with its Whizdom Club, an inspiration hub and co-working space located in Delhi's fashionable Greater Kailash II district.
The company is currently in the final stages of completing its flagship development, The Forestias forest district, ranking among Thailand's largest-ever projects with a staggering investment value of $3.8 billion. Spanning 64 hectares, The Forestias is a green neighborhood integrating homes with lifestyle, healthcare, and transport amenities.
MQDC in Delhi will present luxury properties tailored for high net-worth investors, aligning with the growing trend of a "third home," according to Ta Wilawan Brenig, Vice President of International Market Development.
“MQDC has a unique offering within Bangkok's property market that we're thrilled to be presenting to India’s high-end homebuyers at an exclusive showcase on 1-3 December 2023,” she said.
Brenig emphasized Bangkok's special appeal for high-net-worth investors, stating, “Working to exacting standards for a discerning global market, MQDC can offer the style and impact that Indian buyers seek in a prestige ‘third home’ reflecting their status and achievement."
As a sophisticated mixed-use developer with three decades of leadership in Thailand's property sector, MQDC boasts annual yields that surpass the market standard. Brenig highlighted MQDC's properties, averaging about 5-7% in annual yield, with an annual capital gain of around 3% and rental return of about 5%.
MQDC is at the forefront of Thai property sector engagement with India through its youthful Whizdom brand. The company is opening its second Whizdom Club in India at Gurugram, connecting with India’s dynamic startup community. Thailand aims to attract 2 million Indian tourists in 2023, playing a central role in the country’s tourism industry. Brenig also pointed out the tremendous untapped potential for Indian expats.
“MQDC sees India as offering unmatched potential amid Bangkok's cosmopolitan expat mix, drawn by the city’s amazing amenities, fabulous service culture, and world-class education and healthcare,” she said. “MQDC is eager to connect deeper with a country where youthful demographics and a dynamic business culture offer such potential. We can also offer Indian buyers expert support to meet their lifestyle and investment goals, helping ensure secure ownership and the ideal locations and amenities.”