Following the recent success of Samyan Mitrtown, Frasers Property Thailand or ‘FPT’ is working on its latest mixed-use development called ‘Silom Edge’. Located at the intersection of Silom and Rama 4 roads, Silom Edge serves as FPT’s first redevelopment project.
With an investment of 1.8 billion baht, the existing building is revitalised with the unique and innovative concept of ‘Sandbox Community in CBD’, aiming to appeal to digital entrepreneurs and startups.
“We saw a great opportunity to redevelop the property on the prime corner of Silom Road,” says Mr. Thanapol Sirithanachai, Country CEO of Frasers Property Thailand. “Located at the core of Bangkok’s central business district, it can be accessed by both the BTS skytrain and MRT underground systems. Silom is undeniably one of Thailand’s most important business districts with many leading companies located there.”
“FPT made a strategic decision to acquire and transform an existing property in the area into a mixed-use complex. Aligning with FPT’s sustainable growth strategy, the project is set to enhance the portfolio through diversification and recurring income generation. The revenue is expected to be recognised in the last quarter of next year.”
With its ‘Sandbox Community’ concept, Silom Edge offers flexible workspaces in the heart of Bangkok, catering to tenants who are digital natives, startups, online entrepreneurs and gig workers. With Covid-19, there has been an acceleration in the growth of online businesses looking to expand their customer touchpoints and offer an omnichannel experience.
To capture the wider segment of tenants and customers, Silom Edge takes on the concept “BE DIFFERENT. BE CONNECTED.” to meet the needs of new generations
BE DIFFERENT
• Space & Contract as a Service
• Creating a Sandbox Platform to Unleash the Maximum Potential
• Extended Operation Hours for Digitalising Life
• O2O2O (Online to Offline to Online) READY
BE CONNECTED
• Conquering the Work-Life Integration
• Extremely Convenient Location
• Open to Crypto & Cashless Society
• Redefining Endless Business Opportunities
Silom Edge project is developed by FPT’s expert design and construction professionals. The project is now 65% complete and will open in September 2022.