*Update as of the 28th November 2024, The project has sold out only Resale units are now available*

The Residences at Mandarin Oriental, Bangkok is a super luxury branded condominium developed by MQDC (Magnolia Quality Development Corporation Limited) using the luxury Mandarin Oriental brand.

The development was completed in 2018 and is comprised of a single tower having 52 floors and a total of 146 residential units; the project was built as part of the Icon Siam mixed use development with a luxury shopping mall, restaurants, food halls, and the Magnolias Waterfront residences.

Developer:

Magnolias Quality Development Corporation Limited (MQDC) is one of the top real estate developers in Thailand with a long list of successful developments, such as:

Location:

The Residences at Mandarin Oriental, Bangkok is located in the Khlong San area of Bangkok along Charoen Nakhon Road and directly along the Chao Phraya river. The development has the benefit of being part of the Icon Siam mixed use project and such has direct access to the luxury shopping mall; riverfront promenade, with riverboat taxi service and mooring; and direct access to the brand new purposely built Golden Line system and Charoen Nakorn BTS station.

Project:

The project is comprised of a single building having a 52 floors and a total of 146 residential units ranging from 2 bedrooms and 3 bedrooms all the way up to a penthouse duplex, and sizes from 127 sqm to 707 Sqm.

Master Plan:

Maintenance Costs:

The common fee is to be paid 15 months in advance and subject to the terms and conditions from the juristic office.

Facilities:

The entire team from security to concierges are trained at Mandarin Oriental Bangkok to provide residences with the daily pampering and attention to detail that you would expect at any Mandarin Oriental hotel.

All owners of a home have exclusive access to Mandarin Orientals Luxury hotel experience just across the river, with more Michelin starred restaurants than any other hotel group in the world, renowned holistic spas, and a distinctive design.

Services at The Residences at Mandarin Oriental, Bangkok include:

Facility Gallery:

The development consists of a single tower having a total of 28 floors and 163 residentials units spread over 1 – 1 – 65 Rai of land.

Developer:

Major Development is one of Thailand’s top property developers with a long list of successful developments, such as:

Location:

Muniq Langsuan is located in the Pathumwan district of Bangkok, along Tonson road between both Wireless Road and Langsuan road, and located only a short walk from Lumphini Park and close to many of Bangkok’s most popular locations, such as:

The Pathumwan district is home to Bangkok’s first public park Lumpini Park, offering open pubic spaces, lakes, greenery and playgrounds. The park is popular for joggers and cyclists and is located only 400 meters, or a 5 minute walk, from Muniq Langsuan.

Lumpini Park also has the Lumpini – Benchakitti park walkway, a mile long skyway connecting Lumpini Park directly to Benchakitti Park and an extra 300 Rai of lush green public space.

Project:

Master Plan:

Wireless Road View

Ploenchit Road View

Lumpini Park View

Tonson Road View

Floor Plans:

Maintenance Costs:

Are usually paid 6 months or 1 year in advance, subject to the terms and conditions from the juristic office.

Facilities:

There is 24 hour security and private key card access in the project and CCTV located throughout.

Facility Gallery:

The development consists of 4 towers, 3 residential towers and 1 office tower, having a total of 51 floors and 1444 residentials units, spread over 9 – 0 – 92.4 Rai of land.

Developer:

Noble Development is one of Thailand’s leading property developers with a long list of successful developments in Bangkok such as:

Location:

Noble Ploenchit is located along Ploenchit road in the Pathumwan district of Bangkok. The project is one of the rare buildings in Bangkok to have direct walkway access to the BTS Skytrain system via BTS Ploenchit, allowing you to travel across Bangkok with ease. It is also the only condominium located directly along Ploenchit Road, others being located down smaller roads such as Wireless Road, Soi Nau Lert, Ruamrudee, Soi Tonson, and Chitlom Alley.

The project has additional direct access to Central Embassy luxury shopping mall; Wave Place building, with Homepro and Kerry Express; and The Park Ventures building, with the Okura Prestige Hotel, 711, Kasikorn Bank, Yamazoto Japanese restaurants, and its many offices.

View of Lumpini Park

Project:

Noble Ploenchit is located on around 9 – 0 – 92.4 Rai of land and is comprised of 3 residential towers and 1 office tower divided into:

Noble Ploenchit consists of 1444 residential units with 1, 2 3 bedrooms and penthouse units available ranging from 43 Sqm all the way up to 208 Sqm.

The residential towers have a total of 1000 parking spaces for around 70% of units. The office building has 50 parking spaces separate from the residences.

Maintenance Costs:

Are usually paid 6 months or 1 year in advance, subject to the terms and conditions from the juristic office.

Facilities:

Noble Ploenchit offers its residents around 4 Rai (6,400 Sqm) of lush green garden space located throughout the projects grounds, with intelligently places plants and trees, and 2 sky gardens located on floor 41 of Tower C and floor 44 of Tower B where you can enjoy the breath taking panoramic views of the Bangkok skyline.

There is 24 hour security and private key card access in the project and CCTV located throughout.

Facility Photos:

Can a foreigner buy a condominium?

Freehold

Yes. Foreigners can purchase a freehold condominium under their own name and legally be the owner with your name on the title deed and recognised under Thai law. The only limiting factor for a foreigner to purchase a condominium in Thailand is to make sure there is foreign quota available in the project.

Leasehold

Yes. Leasehold projects can be wholly owned by foreign buyers but they will be passed to the original Thai freehold owner once the lease has ended.

Leasehold in Thailand is for a 30 year period with an extra two 30 year extensions at the end of each period, for a total of 90 years.

What is foreign quota and how does it work:

As a rule, foreigners can only own up to 49% of the available area within a project, with the other 51% having to be owned under a Thai name or through a Thai company.

For example, if there is 100 residential units in a condominium project, all the same size at 100 sqm, the maximum that can be owned by foreigners is 49 units or 49%. The other 51 units must be owned under a Thai name or in a Thai company. The amount of ownership in a building can be different, for example 80% Thai owned and 20% foreign owned, but it could never be 50% Thai & 50% foreign owned, or 80% foreign owned and 20% Thai owned. The ownership of a condominium project must always have a Thai owned majority.

For another example, if we take a new build development with a large penthouse at 1000 sqm and ten 100 sqm units. If the building is almost at the max quota for foreign ownership the developer might have to be careful as to who they sell to. Selling the ten smaller 100sqm units to foreign buyers might push the foreign quota to the max meaning they will be unable sell the penthouse to a foreign buyer, whereas if they sell the penthouse to a foreign buyer pushing the quota to the max they are than unable to sell the ten smaller units to foreign buyers.

It is worth nothing that as a foreign owner you will still have and keep all the same legal and communal rights as a Thai owner, nothing is different in this respect.

Your agent will ask in advance if you are purchasing under a Thai or foreign name, this way they can inform you of whats available. If you do decide to purchase a condominium the agent will check again that foreign ownership is available in the project before the signing of any contracts and before any form of payment or booking is made.

Can foreigners buy a house or land?

The short answer is no. Foreigners cannot purchase land directly in their own name, there are legal exceptions to this law but they are so rarely used that it can be expensive and hard to find someone able to arrange it for you.

If you are looking to purchase a house or land in Thailand there are two popular options used:

Legally a foreigner can own the building and construction on the land but not the land itself. An option for some people is to lease the land for 30 years and build their own house on top, giving you total control of the property. The property construction and land lease would both be registered and signed off at the local government office making it official. This option does depend on being able to find a landowner willing to lease out their land for 30 years so it is not an option for everyone. Most housing developments or single houses in Bangkok, for example, are unable to cater for this as they are selling the property and land as one, there are a few options in other areas such as Phuket but it is usually reserved for higher end luxury developments.

The second and probably most popular option for foreigners is to purchase a house or land through a majority Thai owned company you are a shareholder of, this will give the company full ownership of the property, again this is only worth it for the higher end luxury properties as it can involve extra monthly costs and most likely won’t be worth it for cheaper property.

To find out more and see what options are available for you speak to one of our agents today!

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