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Magnolias and TRUE invest 200M Baht in vision to raise technology standards for luxury residences in Thailand

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Magnolia Quality Development Corporation Ltd. and TRUE Corporation Group have joined forces to bring the world’s most advanced communications technology to the high-end luxury development, Magnolias Waterfront Residences.

Magnolias will be the first residence in Thailand to use“Fiber to Home (GPON),” agroundbreaking technologywhich will cater to the needs of global citizens who need to be permanently connected; with a speed rating of 2,000 Mbps and an investment value of 200 million baht, this milestone sets new global standards for luxury residence connectivity and the ultimate in convenience for residents.

Mr. Thanawan Chaiwatana, Managing Director, Magnolia Quality Development Corporation Ltd., explains, “Our aim is to offer the best facilities and cutting edge technology to our residents in order to enhance their lives, and also contribute to fulfilling their lifestyle needs by allowing them to stay connected with the world. We have invested 200 million Baht in our partnership with

TRUE Corporation Group to revolutionize the technology landscape in Thailand, and we aim to change the technology landscape in Thailand with this long term partnership. This technology, which is 10 years ahead of its time with a top speed of 2,000 Mbps – a technology which is only available at Magnolias Waterfront Residences which combines world class luxury residences built with the best technology to fulfill each resident’s every need.”

He continues, “Our investment of 200 million Baht on this cutting edge technology is well worth it, as it is Magnolias vision for all our projects to exceed world class standards, GPON technology at Magnolias Waterfront Residences will offer our residents the greatest convenience in every way whether it be high speed internet with ultimate stability – and enables each of our residents to use technology as part of their every day lives. We will be the first residence in Thailand to offer high speed internetfuture-proofed for up to 200 Gbps. We will also offer residents an exclusive one year free TRUE Ultimate Package which will offer True Visions (Platinum Package) & True Visions Anywhere, and True Fixed Line Plus, valued at 100,000 Baht.”

Kachorn Chiaravanont Group Executive Director, Corporate Affairs, TRUE Corporation, said,  “TRUE Corporation Group is very proud for being chosen as part of the most exclusive project that meticulously pays attention to every detail. The project reflects the unique taste and distinctive lifestyle of the residents of the Magnolias Waterfront Residences. TRUE Corporation Group is responsible for the telecommunications network installation for the project. The company chooses to use fiber optic technology to set up the Gigabit Passive Optical Network, which is the first in Thailand. It is the technology of the future that comes with high efficiency, safety and stability. It can provide the high speed Internet at the Gigabit per second level. This will allow the residents of the project to use the services of complete convergence and efficiency more than ever before. That includes the Internet service — wired and wireless broadband where the speed is beyond the ordinary standard, while HD cable TV offers higher definition, plus, all mobile services that cover all serviced areas throughout the entire exclusive housing project.

“With this premium telecommunications technology and services that TRUE Corporation Group delivers to the project, it demonstrates the vision of Thailand’s leading property developer Magnolia Quality Development Corporation Limited that intends to choose the best technology to fulfill the complete needs of the residents of this world class housing project.”

Magnolias Waterfront Residences is in a strategic location by the Chao Phraya River with ICONSIAM’s 50-rai (20-acre) plot having one of the longest river frontages in central Bangkok (of over 400 meters).  Magnolias Waterfront Residences launched this past July and has received much acclaim and interest from both Thai and foreign investors. Magnolias Waterfront Residences combine three elements that signify these residences are held in a class of their own – a globalclass of luxury.Firstly, it combines the most luxurious fit and finish for individual residences, including the highest specification fixtures, three-metre high ceilings, double-glazed

LOW-E coated laminated glass, and full height window walls. Second, the building has had luxury designed into it from the beginning, so that even the unseen mechanical and engineering elements are world-class and operate beautifully and silently.And the third element, which is what makes the building truly unique, is that it is located within ICONSIAM’s 50-rai (20-acre) plot. This is an extraordinary proposition since the entire neighborhood is going to be built and maintained to the most luxurious standards.

Photo 2 MQDC True

Mr. Thanawan Chaiwatana, Managing Director, Magnolia Quality Development Corporation Ltd. adds: “This partnership with TRUE to bring technology to world class standards which we consider another leap to success and component which adds to the uniqueness of Magnolias Waterfront Residencesand also fulfills our vision of continuing to set the precedent for luxury residences and achieve sustainability”.

For more information please contact: Magnolia Quality Development CorporationLtd.