MQDC announced its business direction for 2026, along with plans to deliver its completed developments. Earlier in mid-2025, The Forestias secured a 22-billion-baht project finance from Siam Commercial Bank, supporting the completion and transfer of its ongoing developments. The company also aims to expand its real estate market internationally, targeting customers in Hong Kong, Taiwan, Singapore, Vietnam, and various countries across Europe.
Mr. Suttha Ruengchaiphaiboon, Chief Executive Officer of Magnolia Quality Development Corporation Limited (MQDC), said “MQDC’s business direction remains aligned with the 2025 strategic plan. Following the mid-year approval of a 22-billion-baht project finance for The Forestias on Bangna–Trad Road, we accelerated residential construction to meet our completion target in 2026. Overall, more than 70% of the project has now been completed.”
Among the projects already ready for transfer is The Aspen Tree The Forestias, a community designed for the 50+ independent-living segment focused on preventive care and holistic wellness. Developed in collaboration with Baycrest Global Solutions, a world-leading senior-care organization from Canada with over 107 years of expertise, the project sets a new benchmark for retirement communities in Thailand. It now offers full operations across all three key components: Residences under the Aging-in-Place concept, Wellness Center, and Health & Brain Center.
Mulberry Grove The Forestias Villas, a collection of single-family homes, is expected to begin transfers in 2026. Meanwhile, Mulberry Grove The Forestias Condominiums are now ready for transfer, with residents already moving in.
The ultra-luxury villa development Six Senses Residences The Forestias, the first Six Senses city-resort residential project in Southeast Asia, features 27 units inspired by Thai architecture and Six Senses’ philosophies of wellness, community, and sustainability. Construction is progressing, with transfers expected to begin in 2026.
For new generations, the Whizdom The Forestias condominium cluster continues to drive strong transfer momentum this year. The portfolio includes: Whizdom The Forestias Mytopia, Whizdom The Forestias Destinia, Whizdom The Forestias Petopia.
Beyond The Forestias, MQDC is also advancing key developments along Sukhumvit Road. Notably, Cloud 11, a 27-rai mixed-use development connect to BTS Punnawithi and near Udomsuk Station, is nearing completion. Positioned as a “Creative Industry Hub,” Cloud 11 integrates office space, retail, learning centers, creative venues, and two hotels: Sangsan Bangkok under the Marriott International portfolio, YOTEL Bangkok, a global smart-hotel brand both are slated for full opening by 2026.
“Cloud 11 is supported by project financing from Bangkok Bank with a total project value of approximately 43 billion baht. Construction progress now exceeds 80%, with over 50% of the leasable space already secured,” Suttha added.
Another project, Mulberry Grove Sukhumvit, a super-luxury condominium in Ekkamai, is scheduled to begin transfers in Q4 2026. Located in a prime urban hub, it offers convenient access to international schools, hospitals, Ekkamai BTS Station, and expressway connections.
MQDC continues to expand its global marketing efforts and organize international roadshows to strengthen partnerships and reach prospective buyers across key regions: Asia: Hong Kong, Taiwan, Singapore, Vietnam, Malaysia Europe: United Kingdom, Germany Middle East: United Arab Emirates, Qatar and United States.
MQDC has remained over 30 years committed to sustainability, advancing its mission to create living environments that benefit all life forms. Its proprietary MQDC Standard is driven by research centers such as RISC (Research & Innovation for Sustainability Center) and FutureTales Lab by MQDC, which explore the future of living over the next 40 years.
Their insights guide the design of both current and future developments and support the sharing of sustainability knowledge at national and international levels.
