MQDC Applies Research in All Its Projects to Serve Future Living Trends under Its Commitment to “For All Well-Being”

Real Estate Press Releases Tuesday July 21, 2020 09:09
Bangkok--21 Jul--MQDC

MQDC operates the Thai real estate sector’s first 2 research centers – Research & Innovation for Sustainability Center (RISC) and the FutureTales Lab – open under its dedication to “For All Well-Being” to the public and other organizations.MQDC has 24 projects worth over THB300 billion in response to the government’s megaprojects with foreign investors.MQDC is about to launch THE FORESTIAS totaling THB125 billion at Bangna, the gateway to new opportunities, with many global partners including Six Senses, Foster + Partners (Thailand), ITEC Entertainment, Atelier Ten, and Baycrest.

Magnolia Quality Development Corporation Limited (MQDC) recognizes the importance of researching future housing needs. The developer has set up two research centers – Research & Innovation for Sustainability Center (RISC) and the FutureTales Lab – under the principle of “For All Well-Being” to provide sustainable quality of life and well-being for all beings on earth, continues to apply research in expanding its portfolio of 24 projects totaling over THB300 billion. MQDC is about to launch THE FORESTIAS, worth THB125 billion. THE FORESTIAS will turn Bangna into a new center of prosperity at Bangna-Trat KM7 to restore confidence in Thailand’s public health and its economic fundamentals to bring back foreign investors.

Mr. Visit Malaisirirat, CEO of Magnolia Quality Development Corporation Limited (MQDC), said: “MQDC places great emphasis on research into market demand and housing decisions. Long-term trends in living in various conditions are the DNA of every MQDC project, applying research in developments focused on residents and neighboring communities to provide a better quality of life under the 'For All Well-Being' approach. MQDC has established the first 2 private research centers in Thailand’s real estate sector. Research & Innovation for Sustainability Center (RISC) studies health under the concept of 'For All Well-Being’. RISC’s wide research includes ecofriendly building materials, upcycled construction materials and furnishings, and the development of urban air purifiers. FutureTales Lab is a futurology center that investigates future trends to enhance quality of life and share useful information for developing projects.”

“The quality of all our projects is further guaranteed by our 30-year warranty in 4 areas, covering water systems, wiring, structural elements, windows and doors, and the integrity of roofs.”

“MQDC also collaborates with global partners in many projects. THE FORESTIAS involves partners such as Six Senses, which will have both residences and a hotel in the development. Foster + Partners (Thailand) is a consultant and co-designer. ITEC Entertainment helped design a leisure lifestyle and experiences for residents. Atelier Ten helped plan to reduce environmental impact for sustainability. Research by experts in various lifestyles, in line with research by the FutureTales Lab into technology’s contribution to life, includes Baycrest, a specialist in care for older adults from Canada. We have partnered with the technology giant Huawei to develop a 'Smart City’ involving its digital platform at THE FORESTIAS, a forested city,” said Mr. Malaisirirat.

Associate Professor Dr. Singh Intrachooto, Chief Advisor to Research & Innovation for Sustainability Center (RISC), said: "Well-being in daily living will become even more important to consumers. MQDC has set up RISC as the leading center for innovation in health and sustainability, conducting research to make the best use of resources. The MQDC Standard has been established for design that avoids long-term environmental and health impacts. It strictly prohibits the use of certain building materials for long-term conservation. We also use technology to design and build according to principle of 'sustainnovation’ and share knowledge with the public. MQDC’s projects are supported by innovations such as research by Professor Michael S. Strano of the Department of Chemical Engineering at Massachusetts Institute of Technology (MIT), a global expert in nanobionics, to add new capabilities to trees such as to glow in the dark or to measure pollution, which will be used at THE FORESTIAS and future projects.”

Dr. Karndee Leopairote, Chief Advisor of the FutureTales Lab by MQDC, said: “After COVID-19, research shows that working from home leads to 'Everything At Home’. A central location is no longer a major issue. But well-being and the environment are becoming more and more important to people. The district project 'THE FORESTIAS' applies research from world-class universities such as Harvard and the Massachusetts Institute of Technology (MIT) that shows that living with nature every day can help reduce stress and improve health. Bangkok has less green area per resident than the standard set by the World Health Organization. We therefore apply research findings to solve problems through sustainable green areas. With more than 30 rai of deep forest and over 70% of its area covered by green space, it is the first project in the world to combine a city full of amenities and extensive green areas under the concept of a city in the forest. THE FORESTIAS has Whizdom condominiums for new-generation residents. Large clustered single-family houses by Mulberry Grove and The Aspen Tree will serve older adults.”

MQDC currently has 24 real estate projects under development, sale, construction, or in the process of transfer totaling over THB300 billion. Magnolias Waterfront Residence at ICONSIAM and The Residences at Mandarin Oriental, Bangkok, totaling over THB20 billion, are 100% and 60% transferred to customers, respectively, for a combined THB15 billion. These figures show consumers’ trust in MQDC and also in Mandarin Oriental as a service provider. MQDC’s projects also include Whizdom Avenue Ratchada-Ladprao, Whizdom Connect Sukhumvit, and Whizdom Essence Sukhumvit. Three projects are under construction and ready for selling: THE FORESTIAS, The Strand Thonglor, and Mulberry Grove Sukhumvit. A further 3-5 projects are in planning. The company views the current situation as an opportunity to offer good living under the 'For All Well-Being’ principle for good physical and mental health through new lifestyles in the aftermath of COVID-19.

About Magnolia Quality Development Corporation Limited (MQDC)

Magnolia Quality Development Corporation Limited (MQDC) is a property developer that develops, invests in, and manages residential, community district, and 'theme’ projects, including retail and hotels, with a corporate commitment to 'For All Well-Being’.

MQDC brands include Magnolias, Whizdom, The Aspen Tree, Mulberry Grove, and The Forestias, catering for a range of healthy, sustainable lifestyles.

The company provides an industry-leading 30-year warranty on its residential units in line with its exceptional construction standards. Under its philosophy of 'sustainnovation’ MQDC aims to lead its sector in sustainability.

MQDC supports the Research & Innovation for Sustainability Center (RISC), Asia’s first research base for sustainable building with a focus on well-being. The company has also set up FutureTales Lab, a futurology center to gather, analyse, and interpret data to find solutions for humankind’s future well-being

MQDC is determined to operate with concern for all life on Earth, advancing this agenda through sustainable development for the wider benefit of society. For more information, visit www.mqdc.com
ABOUT The Forestias

THE FORESTIAS is an Enchanted Community District in the Forest under the concept of 'Imagine Happiness’ to present the world’s first development where nature, animals, and human beings coexist harmoniously in a high-quality, nurturing environment for a happy community enjoying intergenerational living. THE FORESTIAS will give its residents the best of life, addressing social and environmental issues with careful design in every aspect. This approach extends from the nature-rich setting to integrated innovations and the use of cutting-edge technology in architectural design and planning. These will fully equip this entire development with modern functionalities while meeting sustainability goals by including the beautiful greenery of a large forested area to rebalance the ecosystem anew.

THE FORESTIAS occupies 398 rai on Bangna-Trad Road Km 7. It will be the first 'Community District in the Forest’ complete with a host of facilities. In addition to residential and commercial elements, THE FORESTIAS will be home to a six-star boutique hotel, a community and family center, a shopping center, a vintage cinema, restaurants, an office building, a nursery, a health center, a hospital, and a building for future innovations. This new development also features community spaces, a museum and learning center, and a large forested area with a thriving ecosystem.

About Research & Innovation for Sustainability Center (RISC)

Research & Innovation for Sustainability Center (RISC) is a research hub for sustainable buildings with a focus on well-being that provides public information resources and operates an international network of researchers.

RISC’s 990 sq.m base in Bangkok includes Thailand’s first office to be certified with the WELL Building Standard from the International WELL Building Institute (IWBI). The site’s host of healthy and sustainable features includes Intelligent Systems that monitor and control energy consumption and indoor air quality (IAQ) across its 8 specialized zones.

RISC is committed to making its resources accessible to spur change within the property sector. RISC curates Thailand’s first 'eco-material library’, for example, with publicly accessible samples and details of over 400 materials. More information is available at www.risc.in.th

About FutureTales Lab by MQDC
FutureTales Lab by MQDC is a futurology center set up by the leading property developer to gather, analyze, and interpret data to find solutions for humankind’s future well-being
FutureTales Lab by MQDC has 8 core competencies: future of living, technology & robotics, future of healthcare, future of learning, climate crisis, biodiversity, global energy, and space exploration.

Researchers at FutureTales Lab by MQDC concentrate on data analysis, exploration, and future prediction, and creating platforms for local and international futurists from the government, private, and educational sectors as well as communities to cooperate and grow together.

Located at True Digital Park in Bangkok, FutureTales Lab acts as a center for the distribution of knowledge and fresh thinking in various areas such as design, policymaking, research, and infrastructure.
FutureTales Lab provides researchers, business partners, and the general public with open access to information and research works related to future studies. For more information, visit www.futuretaleslab.com.

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