Category: Real Estate

Thailand’s Siam Piwat Group has reached another milestone of global excellence as ICONSIAM made history once again, ranked among the Top 3 “Most Influential Retail Property Projects of the Past 30 Years” at the MAPIC Awards 2025 in Cannes, France, an event widely regarded as the “Oscars” of the retail industry. This prestigious recognition distinguishes ICONSIAM as the onlty project from Asia to earn this global honor, reaffirming its stature as a world-class experiential destination and a visionary model of urban innovation.

This milestone underscores Siam Piwat’s leadership as a game changer in global retail and real estate development, setting new benchmarks through innovation, creativity and sustainable impact, and fulfilling its founding vision to create a project that uplifts Thailand’s global stature and generates shared prosperity for all sectors including riverside communities along the Chao Phraya River.

Chadatip Chutrakul, CEO of Siam Piwat Group, stated, “From the very beginning, our vision has been to create ICONSIAM as a game changer in global retail development, a national landmark that would become a symbol of Thailand’s pride on the world stage. ICONSIAM was born from the collaboration and shared conviction of people across Thailand, and from many countries who love our nation. Together, we set out to create a new paradigm of excellence, a destination that perfectly blends the DNA of Thainess with architecture, creativity, innovation and arts, an embodiment of the world-class essence of retail and entertainment, all designed to make visitors from around the world fall in love with Thailand.

“From its conception, ICONSIAM carried a noble purpose to create shared value for everyone. It stands today as a prototype for sustainable growth, a new paradigm of collaboration within the retail industry, and a pioneer in integrated urban development, seamlessly connecting river, rail, and road to drive continuous progress and ensure that every community along the Chao Phraya River can grow and prosper with us.”

ICONSIAM also embraces diversity and equality. It serves as a platform that empowers thousands of Thai talent from every background—including artists, craftsmen and creators—helping them become successful entrepreneurs who proudly share Thai wisdom with the world.

ICONSIAM is a joint venture between Siam Piwat Group, Magnolia Quality Development Corporation (MQDC) and Charoen Pokphand Group, with a total investment of over 60 billion baht (US$1.85 billion). Spanning 750,000 square meters, it integrates a world-class retail complex, ultra-luxury residences, and the “7 Wonders of ICONSIAM,” bringing together the best of Thailand and the best of the world as a prototype for holistic urban development.

Since its grand opening in 2018, ICONSIAM has become a powerful symbol of Thailand’s pride, transforming Thonburi into a vibrant new commercial hub on par with central Bangkok. ICONSIAM has also transformed lives and communities. It has fueled Thailand’s economic growth and successfully placed Bangkok among the world’s most aspirational destinations. The project has created over 400,000 jobs, attracted 115 million visitors worldwide, and generated immense benefits for over 35,000 Thai entrepreneurs and 800 to 1,000 designers, empowering them to expand Thai brands internationally. Land values along Charoen Nakhon Road have surged threefold, while riverside businesses have grown by over 60%, demonstrating ICONSIAM’s catalytic role in tourism, infrastructure and economic revitalization.

Francesco Pupillo, Director of MAPIC, said, “Undoubtedly, ICONSIAM has emerged as one of the most extraordinary retail destinations in the world. It has set new benchmarks for modern mixed-use development, redefining the retail experience by blending design, innovation and culture and showcasing the spirit of Thailand and Bangkok on the world stage.”

Held annually in Cannes, MAPIC is a prestigious retail real estate forum, gathering over 4,000 participants from 75 countries, including developers, investors and global retail leaders. The MAPIC Awards recognize excellence in innovation, creativity and urban impact. ICONSIAM’s latest honor follows its 2019 win for “Best Shopping Centre in the World.”

At the same event, Chadatip received the “Pioneers of Places” Lifetime Achievement Award, one of only five global leaders, and the sole honoree from Asia, recognized for her visionary leadership in transforming the global retail landscape over three decades.

This remarkable achievement is not solely Siam Piwat’s success, it is a shared triumph for Thailand and for all Thais who have supported and believed in the company throughout its challenging journey.

“At Siam Piwat, we remain committed to ensuring that ICONSIAM continues to shine as a beacon of Thai excellence, showing the world how every nation can draw upon its authentic identity to create greater value far beyond imagination. Above all, we dedicate this global recognition, with our deepest gratitude, to Her Majesty Queen Sirikit, the Queen Mother of our nation, whose vision and lifelong devotion have inspired us to show the world that the grace and magnificence of Thainess are truly second to none,” Chadatip said.

www.siampiwat.com

In the heart of Bangkok’s Thonglor district at Sukhumvit 38, a new landmark is taking shape. Applying the principles and ideals of Ferdinand Alexander Porsche to the art of living, the Porsche Design Tower Bangkok is rewriting the rulebook on ultra-luxury residences.

Beyond architectural ingenuity and unwavering attention to detail, Porsche Design Tower Bangkok embodies a philosophy that views home not merely as living spaces but as enablers of purposeful, beautiful living.

Only the third globally after Miami and Stuttgart, the Porsche Design Tower Bangkok is the first in Asia—a landmark collaboration between  Porsche Design, a brand synonymous with engineering excellence, and Ananda Development, a visionary institution.

“True luxury isn’t about having everything—it’s about having what matters, executed flawlessly,” says Chanond Ruangkritya, Founder and CEO of Porsche Design Tower Bangkok and Ananda Development. “We want to create architecture that is timeless, that is always beautiful, and that will always appreciate in value—both monetarily and emotionally.”

Sanctuary in the Sky: 22 Villas of Space and Stillness

With only 22 “Sky Villas”—all duplex pool villas or quadplex penthouses ranging from 525 to 1,135 square meters (5,651 to 12,217 square feet)—Porsche Design Tower Bangkok represents extraordinary scarcity in a market accustomed to developments offering hundreds of units across multiple configurations.

The decision to maintain 22 villa-sized residences, each with its own private pool, meant accepting dramatically reduced inventory. It also ensured unity of vision and community.

“Right from the start, we were clear that every villa would have its own private pool,” Chanond says. “No slicing and dicing. That’s when you risk creating a mix of owners whose values and standards may not align.”

Superyacht-class living was the ethos from day one. This ensured unwavering standards that would permeate every specification, every finish, every engineering detail. There are no starter units, no entry-level compromises—just 22 residences built to a singular, uncompromising vision. The interiors are truly villa-like in scale and offer the spaciousness and privacy reserved for a detached home.

Each villa features soaring double-height ceilings, triple-glazed windows, a heated swimming pool and three distinct kitchen configurations—a professional Thai kitchen with high-output gas wok burner, Western and semi-outdoor barbecue—all outfitted with professional-grade appliances from Italy’s finest makers, thoughtfully adapted for Asian culinary needs.

Even outdoor terraces have been engineered for Bangkok’s climate, with floor-vented air conditioning that creates a cooling “bowl” effect and concealed exhausts that clear smoke and odors, ensuring genuine year-round comfort, not just during cooler months.

“We obsessed over every single angle, every single detail—in engineering, in luxury, in lifestyle. We wanted to create a living space that was truly intelligent,” says Chanond.

Skyline Serenity, Garage Intimacy

Perhaps the most revolutionary expression of this design philosophy is the integration of “Passion Spaces.” These bespoke garages are private, lifestyle spaces that serve as automotive galleries within the residence, reached by driving directly up a spiral ramp called “The Loop.”

For the collector who views automobiles as art—to be admired often and up close—this feature effortlessly integrates these mobile objets d’art into the living environment.

“Passion Spaces” range from 107 to 312 square meters (1,152 to 3,358 square feet) and have been designed to be versatile—transforming from garage into an artist’s workshop, private wellness space or entertainment lounge—allowing a quiet yet profound, multi-faceted celebration of individual passion.

“We like to joke that we’re selling a US$15 million man cave—the pool villa just comes with it,” Chanond says. Beneath the humor, however, lies a serious point about passions and priorities. For enthusiasts who see their collections as extensions of personal identity, the ability to live alongside cherished automobiles—or transform these spaces into private galleries or wellness sanctuaries—isn’t indulgence. It’s architectural validation of what matters most.

This philosophy of living—intimate, elevated and unapologetically personal—extends beyond architecture into service. Residents benefit from a 24-hour butler service and exclusive à la carte offerings, including private chef and personal training services. Each service is calibrated to ensure practical needs are met with discretion and quality, allowing residents the ultimate luxury: time and peace of mind.

“If you want to be spoiled, this is where you want to be,” says Chanond, who sees Bangkok emerging as a “playground city” where affluent individuals from across Asia and the world spend time and park capital; in much the same way Miami serves the Americas and Dubai the Middle East.

A New Benchmark for Curated Living

The project’s exceptional exclusivity is a deliberate choice, reflecting a desire to serve a very specific global clientele. “We set out to raise the bar, not just for Bangkok, but for what ultra-luxury living can mean globally,” adds Chanond. “This is a sculpture you can live in—a space that elevates lives while serving as a steadfast backdrop to success.”

In a world often defined by noise, the Porsche Design Tower Bangkok is a masterclass in quiet, intelligent luxury. More than the city’s finest address, it sets new benchmarks for elegant, curated living in one of Asia’s most dynamic cities—a subtle but enduring signature for the modern connoisseur.

For a private show suite viewing or sales inquiries regarding Porsche Design Tower Bangkok, please email sales@pdtowerbangkok.com or visit pdtowerbangkok.com.

pdtowerbangkok.com

From Singapore to Shanghai, major cities across Asia are being reimagined, and Bangkok is in the midst of its own transformation, positioning itself as a world-class metropolis. At the heart of this transformation is Central Pattana, a leading property developer in Thailand and a subsidiary of Central Group. With the launch of Central Park and a multi-billion-baht investment pipeline, Central Pattana is elevating Bangkok’s identity and putting Thailand on the global map.

Reimagining Bangkok’s Skyline With Central Park

This year, Central Pattana achieved a milestone with the launch of Central Park in September. Designed to harmonize nature and city life, the mall expects to attract 25 million visitors annually.

Anchored by what is said to be Thailand’s largest rooftop park—a 2.3-acre elevated green space offering panoramic views and blending community, commerce and culture—the Central Park project serves as an extension of Lumpini Park, one of Bangkok’s largest and most iconic parks. It is a park in the sky for the people—an urban oasis that redefines the heart of Bangkok, inspired by iconic green spaces such as New York’s Central Park and London’s Hyde Park.

The mall features Michelin Guide eateries and 70 street food legends, as well as a retail precinct with flagship global brands, creating a new epicenter for lifestyle and leisure at the heart of the financial and business district.

Central Park is a retail showcase of a future-forward concept that connects Bangkok’s heritage with its aspirations. Located at the prestigious intersection of Silom and Rama IV, the newly launched mall is seamlessly integrated with Central Park Offices and two other components—a hotel and residences within the precinct. Together, they redefine Bangkok’s skyline and strengthen the Thai capital’s position as a global metropolis.

Central Pattana’s retail-led mixed-use model is increasingly viewed as a benchmark for urban regeneration in Southeast Asia, showcasing how Thailand can lead the region in sustainable, people-centric urban development.

Retail-Led Mixed-Use Projects Transforming the City’s Landscape

Central Pattana has set aside an investment of over 120 billion baht (US$3.7 billion) for a five- year plan (2025-2029), aiming to elevate Bangkok and Thailand to greater global standards. The company will invest in the development of mega projects, along with other new projects nationwide. One of the upcoming projects is The Central at Phaholyothin, a new central business district (CBD) slated for completion in the fourth quarter of 2026 in North Bangkok. This landmark development will join centralwOrld in Ratchaprasong (commercial CBD) and Central Park in Silom–Rama IV (financial CBD) as anchors of a multi-CBD strategy designed to elevate Bangkok’s global standing.

These projects illustrate Central Pattana’s forward-looking vision: to establish a connected network of vibrant urban centers that fuel economic growth, respond to shifting demographics and elevate Bangkok as one of the world’s most livable cities.

Driving Economic and Sustainable Growth

Central Pattana’s impact extends beyond real estate. The company says its ecosystem of malls and mixed-used developments attract over 500 million visitors annually, including over 67 million tourists, supporting thousands of small and medium enterprise tenants, local artisans and service partners across the country.

This acts as a catalyst for growth—creating employment, fostering entrepreneurship and amplifying Thailand’s soft power through tourism, culture, gastronomy and the creative economy.

On the sustainability front, it has earned the Dow Jones Sustainability Indices Best-In-Class recognition for seven consecutive years and is advancing toward its Net Zero 2050 targets, with several properties pursuing Leadership in Energy and Environmental Design (LEED) and WELL certification for green building and wellness design.

With Central Park’s breakthrough and an ambitious pipeline ahead, Central Pattana continues to elevate Thailand’s presence on the world stage—redefining how cities can grow with purpose and become places where people, business and culture thrive together.

www.centralpattana.co.th/en/home

In the evolving Philippine real estate market, the luxury residential segment remains resilient and distinctly underserved. While there are broader concerns about a condominium glut, these issues do not extend to the upper tiers of the property market. Reports from industry experts and analysts indicate that the demand for luxury properties at the highest end continues to outstrip supply. In the Philippines, only a handful of developers can genuinely claim to deliver properties that fulfill global standards expected at that level.

As part of the internationally renowned Kuok Group, Shang Properties, Inc. stands distinctively at the forefront of this elite category. While independently operated from the Shangri-La hotel group, the developer greatly benefits from the shared brand equity and skill set of its sister company. Shang Properties is lauded for its unique “luxury hotel DNA,” which sets its developments apart. Each project is meticulously crafted, from the design phase to long-term management, and executed by professionals trained to the highest standards of hospitality. This exceptional focus on quality ensures that residents enjoy living experiences comparable to being in a five-star luxury hotel.

Maria Rochelle S. Diaz, Executive Vice President – Commercial at Shang Properties, Inc., notes that the scarcity of properties matching the caliber of the developer’s offerings has fueled strong value gains in the segment. “Luxury and premium condominium developments sold pre-pandemic have seen their secondary market values double or even triple post-pandemic due to limited supply from a select few players,” she says.

Analysts attribute part of this appreciation to the concentration of premium developments in key business districts, known for their consistently high demand and appeal to a broad selection of end users. Diaz notes that these locations remain highly attractive due to their established business and lifestyle ecosystems, and the presence of major local and multinational corporations. This reflects the strategic positioning of Shang Properties’ flagship developments.

Redefining Luxury Living

In the coveted, upscale enclave of Bonifacio Global City (BGC), Aurelia Residences has earned regional acclaim, including recognition as Best High Rise Condo Development (Asia) at the PropertyGuru Asia Property Awards 2023. Designed by global architecture firm Skidmore, Owings & Merrill and interior designed by FM Architettura, Aurelia’s twin towers offer expansive layouts exceeding 300 square meters, catering to buyers who value sophisticated and generous living spaces.

In Quezon City, Shang Summit is slated to be the tallest residential structure in the Philippines upon completion. This 80-story development blends architectural innovation with a diverse array of amenities tailored to multigenerational residents, including landscaped gardens, business lounges and resort-style recreational spaces.

Venturing beyond Metro Manila, Shang Properties has expanded its footprint into the key regional and tourism hub of Cebu with Shang Bauhinia Residences—underscoring its strategic growth and understanding of the local market. The project offers two unique tiers of luxury: the Residences and the even more exclusive Signature units. Amenities such as a sky pool, private theaters and co-working spaces set a new benchmark for luxury residences in Cebu, highlighting the developer’s ability to adapt global standards to regional tastes.

Investing in Prestige

Shang Properties’ developments are tailored to the expectations of high net worth individuals, such as affluent professionals, expatriates and investors. This clientele seeks residences that offer exceptional living standards, as well as assets with significant long-term appreciation potential. The developer’s unique competitive advantage lies in its deft balance of world-class expertise and brand recognition, enhanced by deep local insights.

Diaz says, “In the luxury market, there is still good demand due to the limited supply of projects. Developers, regardless of scenario, carefully study market indicators and maximize opportunities.”

This measured approach has enabled Shang Properties to sustain robust pre-selling figures across its latest developments—reflecting strong investor confidence and anticipation for its signature offerings. It also reinforces that oversupply concerns do not apply to this particular tier, where Shang Properties is a prominent player. As Diaz notes, demand is further driven by shifting preferences toward larger, better-appointed living spaces suited to hybrid work and evolving lifestyle needs.

Catering to Growing Demand

Market forces are further driving the momentum of this segment. In 2024, Manila recorded an impressive 17.9% annual price growth in prime residential values, the highest in ASEAN, driven by strong interest from both local and foreign high net worth buyers. Economic indicators, including moderated inflation and eased monetary policies, have contributed to positive investor sentiment in the country. The Philippines’ demographic advantage—a young and economically active population—further supports long-term demand for residential and investment properties. This confluence of urbanization, wealth creation and emerging economic hubs ensures that the luxury tier enjoys a broad and growing base of demand, insulating it from trends seen elsewhere.

As the Philippines expands its economy and upgrades its infrastructure, the outlook for high-end properties in the rapidly growing country remains positive. With its focused portfolio and distinguished pedigree, Shang Properties is well-placed to drive the leading edge of this dynamic segment.

 

https://www.shangproperties.com/

Megaworld Corporation, the property arm of Alliance Global Group, Inc., stands tall as the Philippines’ biggest office landlord and developer. Recognized for the second time as having the Best Operational Office Portfolio at the recent PropertyGuru Philippines Property Awards 2024, Megaworld’s unmatched roster of office developments spread across various strategic locations in the country, reinforcing its role as a cornerstone of the nation’s economic growth and urban transformation.

In the ever-evolving real estate landscape, Megaworld’s office spaces are not merely towering world-class structures; they are hubs of innovation, productivity and growth—solidifying the company’s role in driving the Philippines’ status as a global business destination.

A Leader in Office Space Development

With over 1.5 million square meters of office space spanning more than 80 towers, Megaworld dominates the office real estate sector in the Philippines. The company is on track to expand its office space portfolio to two million square meters by 2030, reinforcing its leadership and long-term commitment to driving the growth of one of the world’s fastest growing economies.

Megaworld’s office developments are home to over 200 multinational corporations, including global leaders like Google, JPMorgan Chase, IBM, Wells Fargo, Samsung and Bayer. These spaces have also attracted some of the largest names in the business process outsourcing (BPO) and IT industries, such as Accenture, Thomson Reuters, FactSet, Carelon, Cognizant, iQor, Telus and WNS. The company’s reputation for delivering world-class office environment, including over 30 office buildings with LEED certifications, has made it the preferred partner for global companies.

Pioneering the BPO Industry with Eastwood City

Megaworld’s journey as the leader in office development began with Eastwood City, the country’s first cyberpark in Quezon City. As the cradle of the Philippines’ booming BPO industry, Eastwood City has grown to house over 80 IT and BPO firms, including global giants such as IBM and Accenture. Celebrating its 20th anniversary, Eastwood City remains a premier business hub, fostering innovation and excellence that have driven the nation’s economic progress.

Following the success of Eastwood City, Megaworld replicated its winning formula in other key developments such as McKinley Hill, McKinley West and Uptown Bonifacio in Taguig City. These townships now accommodate nearly 100,000 BPO workers and host major corporations, including Wells Fargo, Bayer, Samsung, FactSet and Thomson Reuters, among others. Notably, the Uptown Bonifacio township is home to bespoke office towers built for JPMorgan Chase, a testament to Megaworld’s capability to deliver tailored solutions for global enterprises.

Driving Development and Economic Growth Beyond Manila

Beyond Metro Manila, Megaworld has been instrumental in supporting the Philippine government’s efforts to decentralize economic activity. By establishing office hubs in key growth areas in the provinces, the company has brought employment opportunities closer to where Filipinos live. Iloilo Business Park in Western Visayas, for instance, dominates the IT-BPO market in Iloilo City, employing 20,000 workers and attracting first-time locators such as Carelon and WNS.

In Cebu, The Mactan Newtown stands as a thriving business hub, featuring eight office towers that house industry leaders such as Manulife and Concentrix, significantly boosting the province’s economy. In Bacolod City, Megaworld has raised the bar with the launch of its first and most advanced office tower in the city, solidifying its presence in Western Visayas. Over in Mindanao, the Davao Park District continues to support regional growth with a 14-story office tower catering to Manila-based companies expanding into Davao City, the region’s economic epicenter.

The company is also expanding its footprint in Luzon, with new office towers already in the pipeline and rising soon in Capital Town in San Fernando City in Pampanga province and Maple Grove in General Trias City in Cavite province.

Setting the Standard for Sustainability in the Philippine Office Industry

As the leading office developer, Megaworld is also at the forefront of sustainability. The company’s 32 LEED-certified and registered office buildings incorporate cutting-edge green design and construction practices. Landmark projects include the award-winning Worldwide Plaza in Uptown Bonifacio, LEED Gold-certified One Paseo in ArcoVia City and the International Finance Center, recognized as the “Best Green Office Development” at the 2024 Philippines Property Awards.

A Vision of Growth and Empowerment

Megaworld’s unwavering commitment to innovation, regional development, and environmental stewardship cements its role as a transformative force in the Philippines. By creating world-class office spaces, driving decentralization and championing sustainability, Megaworld is not just building structures—it is shaping the future of work and empowering the Filipino workforce.

As the country’s biggest office landlord and developer, Megaworld remains a vital partner for global corporations and a key player in the nation’s journey toward economic growth and global competitiveness.

 

 

 

https://www.megaworldcorp.com/

 

Thailand’s much-anticipated One Bangkok neighborhood finally opened its doors to the public on October 25, 2024, marking a significant milestone for master developer Frasers Property. Nestled in the vibrant heart of Bangkok, at the intersection of Wireless Road, this monumental project is poised to redefine urban living in Asia. As the largest fully integrated district in Thailand, One Bangkok aspires to blend lifestyle, culture and sustainability, creating a new landmark in the heart of the city while fostering a community where live, work and play come together.

Visitors and residents can enjoy unique lifestyles and shopping experiences, alongside world-class art and cultural programs. The development leverages smart city innovation and sustainable design to enhance quality of life by providing a secure, convenient and inclusive space accessible to all.

“By paying careful attention to every detail, from master planning and design to construction and business operations, we are crafting ‘The Heart of Bangkok’ to be an inspiring wonder in everyone’s heart,” says Panote Sirivadhanabhakdi, Group CEO of Frasers Property.

Occupying 1.83 million square meters or about 17 hectares, in the city’s central business district, One Bangkok is larger than New York’s Hudson Yards development. It is a fully integrated ecosystem designed to meet the diverse needs of its residents, workers and visitors. The development includes five premium office towers, three ultra-luxury residential towers, five world-class hotels, three retail zones and One Bangkok Forum, a live entertainment arena—each constructed to meet the highest standards of design and functionality.

Sustainability is at the core of One Bangkok’s design. In a city where urban space is scarce, dedicating almost half of the district’s land area to green and open spaces is truly impressive.

This commitment to creating a healthy, vibrant environment is evident in the inclusion of One Bangkok Park, Parade Park and Wireless Park, which stretch along Rama IV and Wireless Roads. These green spaces provide a natural extension to the nearby Lumphini Park and Benjakitti Park, enhancing the overall urban landscape and offering residents and visitors a refreshing escape from the bustling city life.

One Bangkok is the first project in Thailand to receive the LEED for Neighborhood Development (LEED-ND) Platinum standard and aims to achieve the WELL Platinum standard as well. The development has also attained the Platinum WiredScore and SmartScore certifications, reflecting its commitment to sustainability and smart city principles and meeting international standards for long-term sustainability.

Transforming the Retail Experience

While One Bangkok’s residential and commercial spaces are impressive, its district retail spaces are poised to set it apart. As Thailand’s first lifestyle-focused development of this scale, One Bangkok aspires to introduce a new model for retail experiences that aspires to elevate the city to become a new Asian shopping metropolis with sensational lifestyle experiences.

One Bangkok welcomes the world as the city’s beating heart of shopping and lifestyle, showcasing a new experiential hub that is expected to offer uniquely different retail concepts, designs and experiences that are seamlessly interconnected. Consisting of three distinct retail zones, the all-inclusive Parade is expected to attract families, and The Storeys with unique, concept stores are now open. Post 1928, Bangkok’s first shopping street, is expected to offer a progressive, dynamic luxury shopping and will open in its next phase.

One Bangkok is set to offer unique retail concepts and distinct shopping styles that promise to be unparalleled. For instance, Mitsukoshi Depachika, the one-of-a-kind “Depachika” concept supermarket and food hall that will be located within the Parade, provides indulgent world-class selections for all food enthusiasts. Shoppers can expect high-quality fresh produce from exclusive farmer networks. In addition to the supermarket assortment, the food hall features well-known and never-before-seen Japanese brands, pastry boutiques, cafes and restaurants.

The retail experience at One Bangkok is further enhanced by the Retail Loop, a vast corridor that will eventually feature over 900 stores, encompassing entertainment venues, restaurants and a repertoire of lifestyle offerings. Another highlight is the Bangkok Wonder Food Loop, a 1.5-kilometer stretch dedicated to culinary delights. Here, visitors can enjoy a new dining destination, offering all-day dining experiences and after-work hangout spots with over 250 fine dining restaurants, rooftop bars and street food vendors offering a global culinary journey.

Look out for the one-of-a-kind “Made in One Bangkok” experiences exclusively curated to draw local and foreign visitors alike, including King Power City Boutique, for duty-free and travel retail products across two floors of the Parade as well as SARAPAD THAI, a curated lifestyle store capturing the essence of modern Thai culture with home décor, apparel and daily essentials. Those who love a modern concept bookstore with lifestyle elements should visit One Content store, set to become Bangkok’s new check-in spot for influencers.

The Art and Cultural Hub

One Bangkok’s commitment to art and culture is also evident throughout the district. The Art Loop is an open-air museum spanning over two kilometers, combining world-class art and cultural programs.

Recently, One Bangkok announced the installation of permanent public sculptures by world-renowned artists, including Anish Kapoor and Tony Cragg. These sculptures will be integral to the Art Loop, creating an inspiring and engaging environment for visitors. The district’s cultural offerings are designed to make art accessible to everyone, fostering a sense of community and enhancing the overall visitor experience.

A must-visit destination at One Bangkok is The Wireless House One Bangkok. This reconstruction of Thailand’s first Radio Telegraph Station from 1914 serves as a cultural learning space and hangout for urban dwellers, connecting its past with the modern character of One Bangkok.

A Welcoming Space for All

With the development now open, One Bangkok invites visitors from around the world to explore its wide range of offerings. From world-class performances and exhibitions at the One Bangkok Forum to seasonal and festival celebrations in its expansive open spaces, including One Bangkok Park, there is always something happening at this welcoming and vibrant destination.

Whether you are a local resident, a business professional or a global traveler, One Bangkok is shaping up to be a must-visit destination for anyone looking to experience the future of urban living. Says Sirivadhanabhakdi: “This project will bring Bangkok to the fore as an international city both economically and culturally, becoming an unparalleled lifestyle destination that will attract top-level business professionals, investors, as well as tourists, local and international alike.”

Amid rising climate threats, the need to reshape our cities and rethink urban planning has never been more critical. Without decisive action, some urban environments risk becoming unliveable in 10-20 years; collaboration across different disciplines and industries is critical as we reconsider how cities are designed, built and sustained for the future.

Today, up to 80% of buildings in mature cities will still be in use by 2050. Many of these structures were not designed to account for evolving climate risks, such as flooding and increased energy demands. These buildings need to evolve with the changing social needs of diverse urban populations or risk exacerbating inequality and social fragmentation.

As cities strive to meet a zero-carbon future, these buildings are at risk of becoming obsolete. While the challenges are significant, there exists the opportunity to positively reshape urban environments.

This presents an urgent call to action for stakeholders, including policymakers, capital owners, investors and developers.

“We find ourselves at a critical juncture, where today’s collective decisions will determine the liveability of our cities for decades to come,” says Wanshi Zheng, Group Chief Strategy and Sustainability Officer at Frasers Property.

Taking Action

The journey ahead may be complex, but with the right holistic considerations and collaborative eff orts, these challenges can be overcome. Forward-thinking developers are making progress toward creating more resilient cities by working in public-private partnerships to ensure investments go further—for profit and beyond. 

According to research by JLL, one-third of commercial real estate leaders plan to transition away from less carbon-efficient spaces by 2025. Assets that address environmental and social factors are better positioned to retain their value and avoid the risks of depreciation or becoming stranded assets.

As a leading multinational real estate company that develops, manages and invests in a diverse portfolio across Asia-Pacific and Europe, Frasers Property has implemented strategies to contribute to the building of resilient, sustainable and vibrant cities. The company strives to integrate environmentally friendly practices and social responsibility across its entire value chain.

Frasers Property has set sustainability targets, committing to reduce its direct emissions, but also those generated by its stakeholders.

“At Frasers Property, our development capabilities in greenfield and brownfield projects are helping build successful cities of the future. We are committed to enhancing the quality of life for the communities we serve, fostering sustainable and vibrant environments where people can thrive,” says Zheng.

Leading Sustainable Urban Development

An effective way to ensure urban resilience is by integrating sustainable practices from the outset. New developments offer a unique opportunity to incorporate cutting-edge environmental and social sustainability strategies. By prioritizing sustainability at the projects’ inception, developers can effectively guard against climate events while minimizing capital expenditure otherwise spent on climate adaptation.

Frasers Property exemplifies this approach through various projects that integrate sustainability into the fabric of modern cities such as with One Bangkok. This sprawling 17-hectare development is set to become Bangkok’s first LEED for Neighborhood Development (LEED-ND) Platinum-certified district.

One Bangkok incorporates energy-efficient systems, extensive green spaces and advanced water management techniques, setting new benchmarks in sustainable living.

Revitalizing for a Sustainable Future

Retrofitting and adaptive reuse of existing properties are crucial strategies for reducing environmental impact that can also be considered in revitalizing cities.

Frasers Property’s transformation of Bradmill Yarraville in Victoria, Australia, exemplifies this approach. Once an industrial denim factory, the site sat unused for over 15 years after shuttering, serving as a playground for graffiti artists and underground raves before being earmarked for development into a dynamic, mixed-use community while retaining key elements of its heritage.

Structures on the site’s old boiler house will be preserved in recognition of its history, while some of its graffiti will be maintained and displayed in the development as a nod to its underground culture.

“We wanted to maintain a connection to Yarraville’s past by respecting the site’s historical significance, as we create a space that meets modern needs,” says Cameron Leggatt, CEO of Frasers Property Australia.

Balancing Commercial Viability With Environmental Responsibility

When new construction is unavoidable, the focus should be on minimizing environmental impact. The demolition of The Tube, a former industrial site in Germany, to make way for a new industrial anLEd logistics park, serves as an example.

Frasers Property ensured a sustainable demolition process by segregating and repurposing construction waste, recycling up to 70,000 tonnes of building material. It collaborated with the German Sustainable Building Council (DGNB) to pilot and test indicators that would form the basis for the first-ever Gold certification standard for a climate-friendly demolition of an industrial site. This demonstrates that even in challenging situations, environmental responsibility can be maintained alongside commercial objectives.

Creating Inclusive, Flexible Urban Spaces

The built environment has long shaped the way people live, but in recent years, there’s been growing recognition of its potential as a powerful force for positive social change.

Industry leaders have a unique responsibility—and opportunity—to enhance health and well-being, strengthen communities and culture, and promote social inclusion, all while delivering lasting economic benefits.

Frasers Property is dedicated to placemaking, creating inclusive and adaptable spaces that meet the needs of urban populations while shaping communities, cultures and connections within.

Fraser Property’s Midtown MacPark in Sydney illustrates this commitment. The project, its partnership with state and federal governments and community housing provider Mission Australia Housing, seeks to tackle Australia’s housing shortage by providing affordable homes among its mix of some 3,300 apartments. The community is designed to be sustainable and inclusive, aiming to be 100% carbon neutral upon completion, with dedicated community facilities and resources for everyone.

In Singapore, Frasers Property, in partnership with national utilities distributor SP Group, has demonstrated how public-private partnerships can shape sustainable outcomes. Its Century Square and Tampines 1 malls are part of Singapore’s first brownfield Distributed District Cooling (DDC) network supplying centralized cooling to buildings within its network. The DDC is projected to reduce carbon emissions equivalent to taking 1,236 cars off the roads annually. 

Collective Action Required

Frasers Property will continue leveraging its network, expertise and experience to navigate the challenges of its net zero journey. The transition to a low-carbon world cannot be achieved alone. The path to resilient, sustainable cities requires collaboration across the entire value chain.

Businesses, government bodies and communities must work together to create urban environments that are sustainable, thriving and inclusive, improving the quality of life for all who reside, work and play in them.