MQDC signs 60-year lease agreement for prime property in Ratchadamri

Magnolia Quality Development Corporation Limited (MQDC), a leading property developer, has signed an agreement to lease 6.2 rai plot for a period of 60-years in Soi Mahatlek Luang 1 from Vajiravudh College.

The prime land that is located in the same soi as Grande Centre Point Ratchadamri, would likely see another development in the near future. No details of the project has been announced yet.

MQDC, which develops, MQDC brands include Magnolias, Whizdom, The Aspen Tree, Mulberry Grove, and The Forestias, catering for a range of healthy, sustainable lifestyles is a company that invests in, and manages residential, community district, and ‘theme’ projects, including retail and hotels, with a corporate commitment to ‘For All Well-Being’.

Visit Malaisirirat, Business Group Chairman – Property Business of MQDC (6^th from left), signed an agreement to lease for development a 6.2 rai plot on Soi Mahatlek Luang 1 for 60 years from Vajiravudh College, represented by Headmaster Kiattikhun Chartprasert (6^th from right). Suttha Ruengchaiphaiboon, CEO of MQDC (4^th from left), attended the signing ceremony with Michael Glancy, Management Director and Country Head of Jones Lang LaSalle Thailand (5^th from right), and Roongrote Chongsujipan, Management Committee of MQDC (1^st from left).

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