Saha Group aims to develop the Rama 3 area into a "Community of Kindness," partnering with Tokyu Corporation and Dusit Thani to create real estate projects. The collaboration with Tokyu Corporation will focus on the "KingsQuare Residence" and the "Dusit Suites Kingsquare Bangkok" projects, with Tokyu Corporation and Dusit Thani joining forces to build a community and enhance the quality of life in the Rama 3 area.
Mr. Jakkrit Santirattanakul, Managing Director of King Square Development Co., Ltd., stated that Saha Group envisions developing the Rama 3 area into a desirable living space under the "Community of Kindness" concept. The aim is to create a complete and well-rounded environment with residential areas, condominiums, community malls, schools, and workplaces to attract a diverse population. This led to the partnership with Tokyu Corporation to develop the luxury condominium project "KingsQuare Residence" Construction began in September 2023. Additionally, the collaboration with Dusit Thani brings expertise in hospitality management to offer premium services through Dusit Hospitality Services once the project is completed.
Moreover, Saha Group and Tokyu Corporation have partnered to develop the "Dusit Suites Kingsquare Bangkok" project, which will serve as both serviced apartment and hotel. The design blends Thai aesthetics with contemporary elements, with Dusit Thani handling hospitality management. The total investment value for the entire project is nearly 10 billion baht.
Mr. Hirohisa Fujiwara, Director and Senior Managing Executive Officer of Tokyu Corporation, mentioned that Tokyu Corporation is a leading urban and real estate developer in Japan with extensive experience in residential, commercial, hotel and office projects. They have been partners with Saha Group since 2014, initially developing rental housing for Japanese residents in Si Racha, Chonburi. After studying potential projects in the Rama 3 area, they saw an opportunity to meet the demand near King's College International School Bangkok, leading to the development of KingsQuare Residence and Dusit Suites Kingsquare Bangkok. Both parties are confident that this collaboration will achieve its goals.
Mrs. Suphajee Suthumpun, Group Chief Executive Officer of Dusit International, stated that Dusit Thani is a leading hospitality and tourism business in Southeast Asia, covering five sectors: hotels, education, food, real estate development, and other related services. With confidence in Thailand's potential as a top tourist destination, they aim to create world-class hotels offering unique services with Thai cultural charm. Dusit Suites Kingsquare Bangkok project is another significant collaboration with Saha Group and Tokyu Corporation, catering to both Thai and international customers. They are pleased to bring their hospitality expertise to manage Dusit Suites Kingsquare Bangkok and KingsQuare Residence, providing exceptional experiences and services to all residents.