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“The Strand Thonglor” Appoints CBRE as Retail Leasing Agency for Retail Space

24 February 2021
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  • “The Strand Thonglor” Appoints CBRE as Retail Leasing Agency for Retail Space
“The Strand Thonglor” Appoints CBRE as Retail Leasing Agency for Retail Space

“The Strand Thonglor” Appoints CBRE as Retail Leasing Agency for Retail Space

21 January 2021, Bangkok – One.Six Development, the new-generation property developer, has signed with CBRE Thailand as its agent for leasing retail space at THE STRAND THONGLOR, an ultra-luxury, 30-storey condominium being built in a joint venture with MQDC under the concept of ‘Essentially More’ at the front of Soi Thonglor, just 30 meters from BTS Thonglor.

Uniting the finest design and craftsmanship to provide ultimate life quality, the high-rise residence has a project value of 4.8 billion baht and 812 square meters of retail space to lease. The project will be completed and ready for occupancy in the third quarter of this year.

Ms. Tanyatip Chearavanont, CEO and Founder of One.Six Development, said: "One.Six Development is committed to bringing world-class standards to real estate development in Thailand by creating projects of the highest quality in all aspects to meet the needs of our discerning customers, focused on prime locations and new lifestyles.

“We are confident that the appointment of CBRE, a global real estate consultant, to lease retail space at THE STRAND THONGLOR will attract the attention of customers who live a contemporary lifestyle and seek to be part of a new community at the front of Thonglor."

Mr. Chawin Athakravisunthorn, Managing Director of One.Six Development, said: “THE STRAND THONGLOR project offers the experience of living in timeless minimalist luxury, applied in selected materials and meticulous finishes with subtle craftsmanship to offer you a space to experience the vitality of Thonglor day and night.

“A mixed-use area on the 1-3 floors features a commercial space, with All-Day Dining, a Speakeasy Bar, a Business Lounge and ‘THE STRAND Park’. Residents are assured of security and privacy and can enter from either Soi Sukhumvit 55 or 57. We are confident that CBRE will complete THE STRAND THONGLOR to become a place where people can gather, and share meaningful interactions."

Ms. Aliwassa Pathanadabutr, Managing Director of CBRE Thailand, said: “CBRE is delighted to be appointed to lease retail space by the new-generation Thai developer, One.Six Development. CBRE believes THE STRAND THONGLOR will be sought after by the new generations who focus on convenient locations and urban lifestyles as well as investment for their future. 

“Located just 30 meters from the Thonglor BTS station, the mixed-use project offers more than residences. It also has space for a wide variety of restaurants and shops to conveniently serve residents and local people, which is a key selling point for buyers.” 

“THE STRAND THONGLOR is a mixed-use project that offers complete Live-Eat-Work lifestyles, and is ready to form a new center in Thonglor in an attractive location for living and investment. The yield on renting out a condo is 3-5% per year on average. Buying a condo at a good location offers the advantage of having consistent market demand.”

THE STRAND THONGLOR officially opens for viewing in mid-February 2021.You can follow more stories on THE STRAND THONGLOR at Facebook and Instagram @onesixdevelopment or contact us on 1265.

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