News | The Strand Thonglor Pioneers “Crypto” Payment - Magnolia Quality Development Corporation Limited

for all

Whizdom banner




The Strand Thonglor Pioneers “Crypto” Payment

20 May 2021
  • MQDC
  • /
  • CSR
  • /
  • The Strand Thonglor Pioneers “Crypto” Payment
The Strand Thonglor Pioneers “Crypto” Payment

The Strand Thonglor Pioneers “Crypto” Payment

11 May 2021, Bangkok – One.Six Development, the developer of the award-winning, ultra-luxury The Strand Thonglor condominium, has teamed up with Zipmex, the leading Asian digital asset platform, to help people buy a residence using cryptocurrencies.

Zipmex’s ZipSpend program lets homebuyers use Bitcoin (BTC), Etherium (ETH), Tether (USDT), and Zipmex Token (ZMT).

The Strand Thonglor is a 30-storey condominium in the heart of Bangkok’s hippest district, designed with understated luxury and world-class standards for discerning residents. Amenities include all-day dining, a speakeasy bar, restaurants, a business lounge and micro-office, and The Strand Park.

One.Six Development was co-founded in 2017 by next-generation real estate developers Ms. Tanyatip Chearavanont and Mr. Chawin Athakravisunthorn.

 “We believe that every project we develop must become an appreciating asset, in line with our motto ‘Building Consciously’,” said Ms. Chearavanont.

“This is done with a focus on long-lasting quality of construction, timeless design, unbeatable locations, and exclusive number of units. Zipmex is a great partner for us as we both have similar visions and focus on high-quality customer service.”

Mr. Athakravisunthorn said that accepting cryptocurrency is “just the start”. “We are already making plans to launch NFTs on their new platform as well as exploring a real-estate backed token (ICO) for our future projects targeting investors throughout Asia Pacific,” he said.

Dr. Akalarp Yimwilai, CEO and Co-Founder of Zipmex Thailand, added that buyers can now pay their deposits with crypto but final transfer of ownership still requires a traditional bank paper trail.

At a prestigious location a minute’s walk from Thonglor skytrain station at the front of Soi Thonglor, The Strand Thonglor has an estimated investment of THB4.8 billion. Prices start at THB17.9 million. The project is set to complete by the third quarter of 2021.

Explore the masterful design and exceptional quality of The Strand Thonglor now: onesixdevelopment