Types of Business

(1) Residential Projects

The Company and its subsidiaries engage in the real estate development business that offers a wide range of residential products, brands and development styles. The development includes low rise residential projects that offer sales of single-detached houses, semi-detached houses, and townhouses. The development tasks comprise infrastructure work within each development project, and for all product pricing, which are differentiated by product lines under different brand names to cover diverse market segments and different clientele groups. The product brands for the Company and its Group are:

Product Type

Brand

Price Range

Current Projects

Single-detached House

Baht 10 - 40 Million

  • The Grand Rama 2
  • The Grand Wongwaen - Prachauthit
  • The Grand Pinklao
  • The Grand Bangna - Wongwaen
  • Two Grand Monaco Bangna - Wongwaen

Baht 7 - 10 Million

  • Golden Prestige Watcharapol - Sukhaphiban 5
  • Golden Prestige Ekachai - Wongwaen
  • Grandio Ladphrao - Kasetnawamin
  • Grandio Bangkae

Single-detached House / Semi-detached house

Baht 5 - 7 Million

  • Golden Village Bangna - Kingkaew
  • Golden Village Onnuch - Pattanakarn

Semi-detached house

Baht 3.5 - 7 Million

  • Golden Neo Rama 2
  • Golden Neo ๒ Rama 2
  • Golden Neo Bangna - Kingkaew
  • Golden Neo Chaiyaphruek - Wongwaen
  • Golden Neo Ladphrao - Kasetnawamin
  • Golden Neo Bangkae
  • Golden Neo Sathorn

2 - 3 Story Townhouse

Baht 3 - 5 Million

  • Golden City Pinklao - Charan Sanitwong

Story Townhouse

Baht 2 - 3 Million

  • Golden Town Rattanathibet - Bangphlu Station
  • Golden Town Onnuch - Pattanakarn
  • Golden Town Bangna - Kingkaew
  • Golden Town Chaiyaphruek - Wongwaen
  • Golden Town ๒ Onnuch - Pattanakarn
  • Golden Town Ramintra - Khubon
  • Golden Town Rama 2
  • Golden Town Onnuch - Ladkrabang
  • Golden Town Wongsawang - Radchada
  • Golden Town Bangna - Suanluang
  • Golden Town ๒ Suksawat - Phuttha Bucha
  • Golden Town Sriracha - Assumption
  • Golden Town ๒ Ladphrao - Kasetnawamin
  • Golden Town Rattanathibet - Sai Ma Station
  • Golden Town ๒ Pinklao - Charan Sanitwong
  • Golden Town ๒ Onnuch - Ladkrabang
  • Golden Town ๓ Suksawat - Phuttha Bucha
  • Golden Town ๒ Rama 2
  • Golden Town ๒ Bangna - Suanluang
  • Golden Town Vibhavadi - Chaengwattana
  • Golden Town Wongsawang - Khae Rai
  • Golden Town Petchkasem
  • Golden Town Srinakarin - Sukhumvit
  • Golden Town Ayutthaya
  • Golden Town Bangkae
  • Golden Town Phaholyothin - Saphanmai
  • Golden Town Ramintra - Wongwaen

4 Story Shop house

Baht 5 - 7 Million

  • Golden Biz Bangna - Kingkaew

(2) Commercial Buildings

For commercial developments, it is the Company’s policy to develop management efficiency and quality to better respond to its customer needs. It also promotes activities that encourage growth in its rental occupancy and enable continual increase in its revenues. At present, the Company has followed commercial developments which are serviced apartments, hotels, and office buildings:

FYI Center

FYI center is located at the corner of the Rama 4 and Ratchadapisek (Phai Sing To) Roads, close to the Queen Sirikit National Convention Center and within walking distance from the subway station which has direct access to the front of the building. This project comprises a 12-story office building and three underground floors, designed with flexibility in space utilization under the “Business + Creativity” concept. The project was completed in the second quarter of 2016 and was awarded the Gold Level certification of Leadership in Energy and Environmental Design (LEED) from the U.S. Green Building Council (USGBC) around the end of 2016.

Goldenland Building

The Goldenland Building is an 8-story building with one underground floor that lodges a total rental space of about 11,000 square meters, located near the main shopping area of central Bangkok with shopping places such as Centralworld, Gaysorn Shopping Centre, and Central Chidlom, as well as famous nearby hotels such as the Grand Hyatt Erawan, and the InterContinental Hotel. The building is only a few minutes’ walk from the Chidlom and Ratchadamri BTS Skytrain Stations. The building is also designed to afford the occupants’ adaptability and greater design flexibility.

Sathorn Square

Sathorn Square Office Tower is a 40-story commercial office building with 5 underground floors. It has a rental area of over 73,000 square meters, located in the heart of the central business district, at the Sathorn - Narathivas intersection with a direct passage link to the Chong Nonsi BTS Skytrain Station. The Sathorn Square Office Tower has a unique architectural design. Its rental spaces on each floor is designed to provide more open space, with no pillars, and increased flexibility in space usage and open floor office designs. The tower is an “Energy Conservation Building” that received the LEED Gold Certification (Leadership in Energy and Environmental Design Award) from the U.S. Green Building Council (USGBC). The Company has sub-leased its leasehold rights to Golden Ventures Leasehold Real Estate Investment Trust (GVREIT) in April 2016.

W Hotel Bangkok

Nestled in the inner city and adjacent to Sathorn Square office building, W Hotel is a 30-storey luxury haven with five-storey underground floor and boasts a total of 403 sleek, cozy and amenities-filled rooms with reclusive ambience. In addition to all modern comforts on offer, the upscale W Hotel is just a stone’s throw from BTS Skytrain mass transit system. Managed by the most renowned hospitality conglomerate Marriott International, the fivestar hotel garners prestigious accolades, i.e. Best Design Hotel Worldwide 2015, but to name a few. The Company entered into joint venture agreements with foreign entities to develop the project.

Modena by Fraser Bangkok

Modena by Fraser Bangkok is a 239-room, 14-story hotel with an underground floor, under the management of Fraser Hospitality. The hotel offers an at-home atmosphere and experience. The hotel building is located next to the FYI center and not far from the Queen Sirikit National Convention Center, and Khlong Toei Port, with access to many commercial areas via the subway line making this hotel convenient for business travelers.

The Ascott Sathorn and Sky Villas

The Ascott Sathorn Bangkok is a contemporary serviced apartment building situated amid the central business district of Sathorn Road, near the Chong Nonsi BTS Skytrain Station. This 35-story building houses 177 serviced apartment units, managed by the Ascott Group Limited, a leading serviced residence and hotel operator from Singapore. The 21st to 35th floor of the building locates the “Sky Villas” the luxurious and exclusive residential highrise apartments decorated by renowned interior designers.

Mayfair Marriott Executive Apartment

Mayfair Marriott Executive Apartment is designed to be one of the most luxurious serviced apartment buildings in Bangkok, with a height of 25 stories. This development has also been granted a hotel operating license. The Company sold its leasehold for the building to the Gold Property Fund (in which one-third of the shares belong to the Company). The building houses 164 apartment units, with various sizes ranging from 1 to 3 bedrooms, and is managed by the Marriott International, Inc, a “global brand” hotel chain and leading hotel management company. The building is located in the middle of Soi Langsuan, not far from the BTS Skytrain Station and adjacent to Lumpini Park which is a famous park within the Bangkok central business district.

Additionally, the Company is the property manager for the following projects:

  • Park Ventures Ecoplex
    Park Ventures Ecoplex is a Grade A office building for lease in the central business district, located at the corner of the Ploenchit and Wireless Roads, with direct passage from the BTS Ploenchit Station.
  • Sathorn Square
    Sathorn Square is a Grade A office building for lease, located at the corner of the Narathivas and Sathorn Roads, with direct passage from the BTS Chong Nonsi Station.

From 2016 onwards, the Company has developed a new mixed-use complex project called “SAMYAN MITRTOWN” worth more than Baht 9,000 million at Samyan intersection connecting Phaya Thai Road and Rama IV Road, which comprises 1) rental office space 2) hotel and residential area and 3) retail space. The details about the project are as follows:

  • Office area: Grade A 31-storey office building with a net lettable area of 48,000 square meters
  • Residential area: 516-unit condominium and 104-room hotel
  • Retail area: Six-storey building with a net lettable area of 36,000 square meters

The construction of the project is now underway and makes a progress of more than 50%. It is expected to be completed and go into full service in 2019.

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