MQDC, PropNex Team Up to Launch The Forestias in SG
BANGKOK / SINGAPORE – June 2025 — Magnolia Quality Development Corporation Limited (MQDC), one of Thailand’s most prestigious property developers, has formed a strategic partnership with Singapore’s PropNex International to introduce The Forestias—its flagship mixed-use project in Bangkok—to investors in Singapore.
This collaboration was unveiled at the recent Singapore Property Xpo 2025 held at Marina Bay Sands. The event marked MQDC’s official entry into the Singaporean market, bringing with it the allure of The Forestias, an ambitious smart city concept located in Bangna, Bangkok’s fastest growing district.
The Forestias: A Visionary Urban Sanctuary
The Forestias is more than just a property project—it’s an integrated ecosystem designed for healthy, sustainable living. This mixed-use megaproject includes wellness residences, senior living communities, commercial zones, forest parks, and educational facilities.
Notable developments within The Forestias include:
- Six Senses Residences – ultra-luxury branded homes with wellness-centric design
- Mulberry Grove The Forestias – multigenerational homes focused on family connectivity
- Whizdom The Forestias – contemporary residences tailored for urban professionals
Set in Bangna, the project benefits from direct access to the Eastern Economic Corridor (EEC), Thailand’s premier special economic zone. The EEC has attracted over SGD 1.7 billion (THB 42.5 billion) in investment from Singaporean firms alone, making the area a key growth engine for regional business and innovation.
A Partnership Rooted in Shared Vision
Mr. Suttha Ruengchaiphaiboon, CEO of MQDC, shared his excitement at the new partnership:
“MQDC follows a philosophy of ‘For All Well-Being’ to provide the finest quality of life in harmony with the planet. We’re thrilled to be working with PropNex International to introduce Singaporean buyers to The Forestias, where wellness, value, and future-ready living intersect.”
MQDC also offers a market-leading 30-Year Warranty on its homes—underscoring its confidence in quality and long-term commitment to buyers.
Ismail Gafoor, CEO and Executive Chairman of PropNex, echoed this enthusiasm:
“We are honoured to partner with MQDC in bringing The Forestias—a visionary and sustainable urban development—to discerning Singaporean investors. This collaboration reflects our shared commitment to quality, wellness, and smart real estate investment.”
With over 13,000 agents in Singapore, PropNex plans to actively promote The Forestias to clients seeking cross-border investments with long-term growth and wellness potential.
What’s Next
Following strong interest at the Singapore Property Xpo, MQDC will return to Singapore in July 2025 for more exclusive showcase events and private previews with PropNex International.
About MQDC
Magnolia Quality Development Corporation Limited (MQDC) is the developer behind Thailand’s most iconic projects, including ICONSIAM and The Residences at Mandarin Oriental, Bangkok. It is renowned for innovation, sustainability, and long-term value in real estate.
About PropNex International
A subsidiary of PropNex, Singapore’s largest real estate agency, PropNex International connects investors to premium international real estate opportunities with trusted expertise and extensive agent networks.
Discover more about real estate news and promotions at propertynewsasia.com.
