Located in the new landmark ICONSIAM mixed-use development, Magnolias Waterfront Residences provides distinctive riverfront living in a booming new Bangkok residential neighbourhood.

The development comprises 379 luxury FREEHOLD condominiums in a single 70-Floor tower making it one of the tallest buildings in the City. Situated on over 7 rai (approximately 2.5 acres) of land, the building has panoramic views of the river and the dynamic city of Bangkok and was completed in 2019.

The entire project largely sold-out when it was first announced in 2016 and a limited number of prime units have unexpectedly returned to the market for sale.

Magnolias Waterfront Residences is ready-to-move in to now and is quietly positioned off Charoen Nakhorn Road, within a short walk of a new Gold Line Monorail Station opening in 2020, and within easy walking distance of ICONSIAM, Bangkok’s award-wining new shopping experience opened in 2018.

By boat, road or on the mass transit system, all Bangkok’s destinations are within easy reach, but not too close to spoil the peaceful tranquility of these stunning riverside residences.

The developer behind Magnolias Waterfront Residences is MQDC in joint venture with Siam Piwat and CP Group, Thailand’s largest PLC.

Magnolia Quality Development Corporation Limited (MQDC) is a privately-held developer of high-rise condominiums and mixed-use projects in Thailand.Founded by Dhanin Chearavanont, whose family owns Charon Pokphand (CP) Group, it's part of the DT Group of Companies, an international business and social organization.

MQDC company brands are Magnolias and Whizdom condominiums and the joint venture at ICONSIAM also includes The Residences at Mandarin Oriental condominium.

Magnolias Waterfront Residences provide unrivalled river and city views from all units and are delivered fully-fitted with custom-built kitchens, engineering-wood flooring, fitted bathrooms, air conditioners to every room and white-painted walls throughout

All rooms have extra-high 3 metre ceilings and there are dedicated residents’ facilities on the 6th and 42nd floors as well as a large 2.9 rai garden area on the ground.

488 car parking lots are provided for residents on a first-come-first-served basis and are not available for sale separately.

Residents’ facilities at Magnolias Waterfront Residences include a grand lobby welcome area, a swimming pool and pool terrace, a jacuzzi, a BBQ terrace, an extensive garden area, a childrens’ playground, an indoor childrens’ playroom, a multi-purpose room suitable for meetings or private functions, a recreation room and professional gymnasium, changing rooms, his and her sauna rooms, a media room and a theatre room.

There are 3 unit-types available at Magnolias Waterfront Residences, in both simplex and duplex layouts, with floor areas and configurations as follows:

1-Bedroom: From 60 to 79 M2. Starting at THB16,236,000 for 60.58 M2 on a low floor (HK$3,837,680, SGD706,147, US$495,024, CNY3,495,231, EURO455,712), equivalent to THB268,009/M2.

Starting at THB18,188,600 for 60.58 M2 on a high floor (HK$4,297,618, SGD791,935, US$554,390, CNY3,914,008, EURO511,031), equivalent to THB300,241/M2.

2-Bedrooms: From 95 to 126 M2. Starting at THB26,149,800 for 102.55 M2 on a high floor (HK$6,179,606, SGD1,138,521, US$797,160, CNY5,630,396, EURO734,785), equivalent to THB254,995/M2.

3-Bedrooms: From 144 to 222 M2. Starting at THB41,939,100 for 144.89 M2 on a very high floor (HK$9,911,716, SGD1,824,845, US$1,278,590, CNY9,026,679, EURO1,177,389), equivalent to THB289,454/M2.

Starting at THB78,842,700 for 217.59 M2 on a very high floor (HK$18,627,027, SGD3,432,283, US$2,402,851, CNY16,973,202, EURO2,216,864), equivalent to THB362,345/M2.

Payment terms for Magnolias Waterfront Residences are simple and straightforward. A booking fee of THB200,000 for 1-Bedroom Types, THB200,000 for 2-Bedroom Types, and THB500,000 for 3-Bedroom Types (or the equivalent in foreign currency) is required as soon as possible to reserve your unit.

Thereafter a further 10% deposit (less the booking fee) is required to be paid within 15 days after which a Sales & Purchase Agreement (SPA) is prepared.

Draft copies of the SPA are available upon request. The second 90% payment is required within 30 days of booking.

Mortgages are available for qualified foreign buyers from UOB, ICBC, BOC and MBK.

The Common Area Management charge for Magnolias Waterfront Residences is THB90/M2/Month meaning the smallest 1-Bedroom unit will cost THB5,452 per month (HK$1,287, SGD237, US$166, CNY1,173, EURO153) and the one-off Sinking Fund payment is THB1,000/M2.

ICONSIAM is a sensational new riverside landmark located on 50 rai (approximately 19.76 acres) of land on the banks of Chao Phraya River. Opened at the end of 2018, the shopping complex includes many new attractions indoors and outdoors which have been deemed the ‘Seven Wonders at ICONSIAM’, all intended as game changing elements in your retail experience.

Many of Bangkok's finest five-star hotels are located along the Chao Phraya River. On the Thonburi side along Charoen Nakhorn Road are the Millennium Hilton Bangkok, The Peninsula Bangkok, Ibis Bangkok Riverside, Anantara Riverside Bangkok Resort, AVANI Riverside Bangkok Hotel and Klapsons The River Residences Bangkok.

Also located along the riverside are some of Bangkok's most beautiful historic buildings including the Bangkok General Post Office built in 1940 in Art Deco style.

The Old Custom House at Charoen Krung Soi 36 was designed by Italian architect Joachim Grassi in 1888. Sol Heng Tai Mansion at Soi Duangtawan (shown by appointment only) was built in the Ayutthaya era in Hokkien style.

The East Asiatic Company Building, built in 1897 by Captain Hans Niels Andersen next to Mandarin Oriental Hotel, is designed in Venetian style.

Asiatique the Riverfront is a short river journey from Magnolias Waterfront Residences. Popular with locals and tourists. Among its dozens of interesting restaurants are Baan Khanitha, Gaburichicken, Aishi Yakiniku, Capri, Fire & Dine, Ko Dang Talay, and Checkmate Bar & Bistro.

Other riverside destinations include the Jam Factory Bangkok, a creative space, restaurant, cafe and bookshop in a converted factory, and LHONG 1919 which combines a co-working space, eateries, and art and design shops.

The area around the Magnolias Waterfront Residences is expected to enjoy significant capital growth in property values when the Gold Line Monorail will begin service from BTS Krung Thonburi Station to the ICONSIAM complex on Charoen Nakhon Road and Khlong San Junction in 2020, extending by 2023 to Prajadhipok Road.

Location: Easy access to Bangkok’s CBD with multiple amenities on the doorstep. The Gold Monorail Line will open at the end of 2020.

Price: Very competitively priced from just THB254,995/M2, more than 30% cheaper than similar new luxury Bangkok riverside developments.

Investment: A strong investment with current prices expected to increase as nearby infrastructure completes

Payment terms: Mortgages of up to 70% LTV available for qualified foreign borrowers

After Sales Services: Bespoke interior design and furnishing packages available.

For further details including floor plans and latest availability please contact us at info@richmonts.com, call or WhatsApp +66 (0)86 533 6789 or complete our enquiry form.