Magnolia Quality Development hosted a contract signing ceremony today with True Corporation at the Siam Kempinski Hotel in Bangkok, officialising a new strategic partnership that will deliver the absolute best technology in Thailand to what will soon be the nation’s most luxurious property.
The Magnolia Waterfront Residences, ICONSIAM, currently in its presale stage will be constructed with True’s state-of-the-art technology, built right into its infrastructure. It will be the first building in Thailand to offer Gigabit Passive Optical Network, a fiber optic technology service that is more efficient, stable and secure than any other presently available.
Together, the two iconic companies will provide residents of Magnolia ICONSIAM with the most “futuristic living” in the nation. Mr. Thanawan Chiawatana, Managing Director of Magnolia told the audience, “Our aim is to offer the best facilities and cutting edge technology to our residents in order to enhance their lives, and contribute to filing their lifestyle needs by allowing them to stay connected with the world.”
An investment of 200 million baht was made in this partnership that will revolutionize the technology landscape in Thailand. With claims that the Magnolia ICONSIAM will offer technology that is ten years ahead of its time with a top speed of 2,000 Mbps, it will demonstrate the developer’s vision of continuing to set the precedent for luxury residences and achieve sustainability.
Magnolias Waterfront Residences will not only be technologically advanced but will surpass all current levels of luxury in Thailand to date. Each unit will have a monitor that will perform may functions- shopping, room service, security, and more, as well as provide the highest cellular service, regardless of how high the floor is.
Luxury and technology aside, the project is expected to change the axis of activity in Bangkok and become the most compelling “must-see” destination in the country, drawing visitors from around the world.
