MQDC Showcases Luxury Bangkok Residences in Delhi as India’s Elite Seek Prestigious “Third Home” Properties

MQDC, one of Thailand’s top property developers, is showcasing its prestigious Bangkok properties at an exclusive invitation-only event in New Delhi’s at The Imperial Janpath, New Delhi - 110001, India 30 November 2023

MQDC is known for Bangkok landmarks including ICONSIAM, a global retail and lifestyle destination. The company has had a presence in India since 2019 with its Whizdom Club, an inspiration hub and co-working space in Delhi’s fashionable Greater Kailash II district.

The company is now completing its flagship The Forestias forest district, ranked among Thailand’s largest-ever developments with an investment value of $3.8 billion. The green neighborhood spans 64 hectares, integrating homes with lifestyle, healthcare, and transport amenities.

MQDC in Delhi will present luxury properties to suit high net-worth investors amid the “third home” trend, said Ms. 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 home buyers at an exclusive showcase on 1-3 December 2023,” she said.

“Bangkok has a special appeal for high-net-worth investors. 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, having led Thailand’s property sector for 30 years, MQDC can also exceed the market in annual yields. MQDC properties average about 5-7% in annual yield, with annual capital gain of around 3% and rental return of about 5%.”

MQDC is leading the Thai property sector’s engagement with India with its youthful Whizdom brand. The company is now opening its second Whizdom Club in India at Gurugram, connecting with India’s dynamic startup community.

Thailand in 2023 targets 2 million Indian tourists, increasingly central to the country’s tourism industry. The country also has tremendous untapped potential for Indian expats, said Ms. Brenig.

“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.”

MQDC residences to be highlighted in Delhi include homes at The Forestias, an upcoming green neighborhood achieved with global expertise such as Foster + Partners.

Homes at The Forestias include “Whizdom” residences for new-gen living, “Mulberry Grove” condominiums and villas for multigeneration families, and “The Forestias Signature Series”, whose residences express in full the forest district’s distinctive concept.

All these homes at The Forestias are set amid green space in a sustainable mixed-use neighborhood that has already won 74 awards with its groundbreaking design.

The New Delhi event will also feature MQDC’s residences in other prime Bangkok locations by Sky Train stations. “Mulberry Grove Sukhumvit” is at Ekkamai amid amazing family amenities. “Whizdom Craftz Samyan” is at the heart of a buzzing university neighborhood and by malls, hospitals, with convenient transport by MTR and Expressway to ensure a high yield. 

MQDC aims to serve upscale Indian buyers amid a trend for successful business people and professionals to build a portfolio of properties including a “third home”, beyond their family and vacation properties.

“Bangkok’s luxury properties have worldwide elite appeal, combining secure ownership with outstanding quality, attractive yield and rental returns, and access to the peerless attractions of a global metropolis,” said Ms. Brenig.

“MQDC stands out for its commitment to quality of design and construction, offering an unmatched 30-year warranty on all its residences, reflecting the company’s founding commitment to ‘For All Well-Being’, our dedication to enhancing quality of life for all life.”