
Thailand's leading property developer MQDC (Magnolia Quality Development Corporation), has introduced "The Aspen Tree", a reimaged retirement community in the Bang Na Trad area.
The new living concept combines a home with first-class healthcare and wellness services, 24/7 care support, housekeeping services, health insurance, and many facilities that will particularly support residents aged over 50. All of this is covered in a one-time purchase payment as part of a new "Holistic Lifetime Care" concept of home ownership.
The Aspen Tree is located in MQDC's 398-rai mixed-use Forestias project.
Kittiphun Ouiyamaphun, project director at MQDC's The Forestias, said that people want uncertainty taken out of their lives, especially as they get older.
"With a one-time investment in purchasing an Aspen Tree home, we are essentially removing all the worries and uncertainties of what will happen to many of the living costs that are constantly going up around us, year after year. It is a great value-for-money offer for true peace of mind," said Mr Kittiphun.
He said that as part of assuring a worry-free future for homeowners, even common-area fees that are liable to keep increasing are waived under the new home ownership concept.
Mr Kittiphun added that the Aspen Tree community is part of the company's master plan to create a community that allows multiple generations with different lifestyles to live within easy reach of each other and close to nature. Other residential communities that are part of the Forestias include the Whizdom, Mulberry Grove and Six Senses brands.
Hye June Park, president of The Aspen Tree at The Forestias, said: "We're offering 290 Aspen Tree lifetime care residences ranging from 83 square metres to around 253 square metres, with gardens. They are in a 23-rai district that is located at the prime heart of The Forestias, giving almost every home a refreshing view of the development's 30-rai forest."
Ms Park added that the Aspen Tree is designed for affluent over-50s who are looking for a home that is both right for them now, as well as being one that will "allow them to live independently and with full health, wellness, and professional care services readily accessible when they reach their 'most golden years' in decades ahead".
The new home ownership concept includes, in addition to lifetime residency, a lifetime service package that provides healthcare and wellness services, housekeeping services and catering for special dietary needs, as well as access to communal dining areas and a clubhouse where social activities such as art and crafts workshops and regular physical and mental fitness programmes are organised. Many of these are provided without an extra charge and on top of the health insurance programme that covers medical and nursing needs until the age of 99.
The homes at the Aspen Tree also have extra-spacious bathrooms, wider than usual corridors and doorways, and a special emphasis on safety and easy maintenance. The homes are fully fitted and semi-decorated.
Ms Park said that during the introductory period until May 31, the development is inviting friends to book units together as part of a limited "Best Friends Forever" package that gives each buyer up to 1.8 million baht in the form of a discount on their unit, as well as cash credits of 300,000 baht.