‘The Forestias’ sales double
published : 25 Jun 2021 at 09:30
Heightened health awareness created by Covid-19 drives home-buyers to The Forestias, now billed as the world’s first town to have everything designed for healthier living, generating some 13 billion in sales in just three months
PULLOUT QUOTE: “During just the last three months, home-buyers spent over 7 billion on residences at The Forestias. Our healthy living proposition combined with our offer of multiple different projects that suit different lifestyles and the needs of different generations has really resonated with home-buyers.” – Mr. Kittiphun Ouiyamaphun, Project Director – The Forestias, MQDC
Magnolia Quality Development Corporation (MQDC), one of Thailand’s leading property developers, announced, on 23 June 2021, that The Forestias has registered over 7,000 million baht in new home sales during the last three months, pushing total deposited project sales to over 13 billion baht.
The Forestias is a 398-rai (64-hectare) community with multiple residential, parkland, community and commercial components. Located in the booming Eastern Economic Corridor (EEC) on Bangna-Trad road kilometre 7, it is also Thailand’s largest private sector property development project.
Mr. Kittiphun Ouiyamaphun, Project Director – The Forestias, MQDC, said, “During the last three months, more people have purchased homes at The Forestias than in the three years since we announced our intention to create The Forestias as a town that puts the health of its residents first, and where everything is designed, from the ground up, for healthier and happier living.”
“The heightened health consciousness created by Covid-19, as well as an increased sense of family bonding from the lifestyle changes imposed by the pandemic have made our offer of a community that is close to nature and which allows multiple generations to live within easy reach of each other extremely relevant at this time.”
Mr. Ouiyamaphun added that the recent opening of the Foster+Partners designed Forest Pavilion that houses 11 sample units from three residential components has also attracted potential home-buyers to visit the site and “helped them visualise our concept as well as let them see the quality of design and specifications of the various types of homes.”
The Forestias has seven different residential components which offer homes from around 5 million baht to 250 million baht, designed around different lifestyle needs and where all have nature closely integrated as their common feature, as well as superlative standards of design and build.
Among the residential components within The Forestias, the Mulberry Grove Condominiums and Villas have been the best-selling with more than 6,300 million baht sold, and Whizdom condominiums with more than 3,000 million baht sold.
Mr. Ouiyamaphun said that the Mulberry Grove Villas are designed particularly to suit Thai extended-family living. Multiple villas of different sizes can be linked together by discrete walkways to allow different generations within a large family to be close to each other while still having the privacy of their own, separate home and compound.
“It’s a unique concept with flexibility to connect together a number of villas of different sizes to match the specific needs of a family,” he said. “It has really appealed to buyers and ten of these cluster villas have already been sold.”
The Forestias is scheduled to have all of its components completed within the first half of 2024.