News

In 2013, Phuket has responded to the large influx of predominantly Mainland China tourists by expanding its airport and infrastructure to transform the renowned tourist destination into the Superyacht Hub of Asia.  Asia Bankers Club (the parent company of Golden Emperor) coordinated a bulk purchase of an interesting project through our members and clients. A talk and property exhibition was hosted at The Conrad in Hong Kong and Ritz Carlton Singapore where event sponsor and Thailand’s largest property developer Sansiri showcase its latest freehold condominium, The Deck, situated in the heart of Patong Beach. A total of 250 guests attended the event and a large number of units of The Deck have been sold to our Hong Kong based clients.

Above: Buffet lunch was served to our clients

Above: Kingston Lai (CEO, Golden Emperor & Asia Bankers Club) presented the investment opportunity to our clients

Find out more about this project: Deck by Sansiri

Source: South China Morning Post (Nov 2013)

Source: South China Morning Post (Nov 2013)

Asia Bankers Club (Parent company of Golden Emperor) in partnership with Sansiri (Thailand’s largest residential developer) successfully organized a 2-day event in Hong Kong: “Bangkok Inside-Out in 30 Minutes”.  Our clients were given the opportunity to learn more about investing in Bangkok properties. They were also given an exclusive offer on units of Sansiri’s premium development – Wyne Sukhumvit. The event was a big success, resulting in a large number of units sold to our Hong Kong based clients.

Above: Kingston Lai, CEO of Asia Bankers Club & Golden Emperor delivering a welcome speech

Above: Mr. Victor Yeung, Managing Partner and Chief Investment Officer of Admiral Investment (formerly Managing Director at LaSalle Investment Management) sharing his view on the South East Asia property markets

Details have finally emerged about a new riverside development on the banks of Bangkok’s Chao Praya River.

The Icon Siam development, which is currently under construction on a large plot of riverfront land between the Hilton and Peninsula hotels, will include two large retail complexes covering 525,000m², two luxury residential apartment buildings rising 70 and 40 stories, a conference centre and a riverside event area.

There will also be a series of attractions called the ‘Seven Wonders’, including what is being billed as “Southeast Asia’s longest land-based multimedia water-and-fire feature”, stretching more than 400 metres.

The project, which is expected to cost US$1.54 billion to develop, is being created by Siam Piwat, which operates the Siam Paragon mall, Magnolia Quality Development Corporation and Charoen Pokphand Group.

“Icon Siam is like a new city and embraces residential, retail, and cultural components. It is located at the heart of a broad catchment area for international and local customers, with three million residents, 200 upscale residential projects and more than 10,000 rooms in 50 world-renown hotels within a 5km radius,” said Tipaporn Chearavanont, CEO of Magnolia.

Above: Chadatip Chutrakul, CEO of Siam Piwat (centre); Tipaporn Chearavanont, CEO of Magnolia Quality Development Corporation (right) and Narong Chearavanont, senior executive assistant to chairman of Charoen Pokphand Group (left)

Narong Chearavanont, senior executive assistant to chairman of Charoen Pokphand Group, said the new project was intended be “a global-scale attraction to further boost Bangkok’s appeal”.

The stretch of the Chao Praya River between Taksin Bridge and Memorial Bridge is home to several international hotels, including the Sheraton, Mandarin Oriental and Shangri-La, as well as the Hilton and Peninsula. It is also home to the River City shopping complex, which also acts as the main pier for Bangkok’s evening dinner cruises.

But Icon Siam will become the largest development in the area, with 400 metres of river frontage – the longest of any development in central Bangkok.