BANGKOK, THAILAND – Media OutReach – 11 April 2023 – One Bangkok, the largest holistically integrated district in the heart of Bangkok, has become the country’s first real estate project to obtain the Platinum WiredScore certification– the highest certification from WiredScore for its office towers. The One Bangkok District has been designed to meet the Wiredscore and SmartScore standards ensuring Tenants on the stability of digital connectivity to support their businesses.
One Bangkok Wiredscore Platinum
WiredScore is the global company behind the WiredScore and SmartScore certifications of digital connectivity and smart building rating platforms for real estate. Founded in the United States in 2013, outstanding buildings around the world have been certified with WiredScore Platinum, including Empire State in the US, Two Taikoo Place in Hong Kong, International Towers together with101 Collins Street in Australia, 22 Bishopsgate in England, Hammerbrooklyn in Germany, and Skylight Madrid in Spain.
Lim Hua Tiong, Chief Executive Officer of One Bangkok, commented: “Our vision for One Bangkok is to develop the district that will set new benchmarks for the real estate industry and elevate Bangkok to become one of the world’s great metropolises. We actively seek to incorporate best-in-class technologies and solutions into our buildings and are therefore delighted that One Bangkok Office Towers 4 and 5 have been certified WiredScore Platinum. We are proud to be the first in Thailand to achieve this certification and will continue to work with WiredScore to promote technology, smart services and enhanced digital experiences throughout our assets and to the communities we support.”
During WiredScore’s recent official launch in Thailand, Lim Hua Tiong presented his vision at a roundtable forum on “Smart Building Investments for Thailand 4.0” in his capacity as an Executive of One Bangkok, Thailand’s first real estate project to obtain WiredScore Platinum certification. He said the main goal of One Bangkok development is to offer an experience beyond the expectation of the project’s tenants and customers. They will be provided with powerful digital connectivity and smart technologies to reassure them that the project’s technology infrastructure is future-proof and goes beyond the standards.
Moreover, digital connectivity and smart services that meet world-class standards are an essential factor that attracts talents with high potential to become office building tenants and occupants. A survey by the Gensler Research Institute on worker satisfaction found that smart technologies have significant impacts on workers. People who work in office buildings equipped with latest technologies reported more cases of “great working experience” than those working in office buildings without smart capabilities by 3.7 times.
One Bangkok will be the largest integrated development in central business district and most comprehensive real estate project in Thailand, with an investment value of over THB120 billion, on the total land area of 108 rai When fully completed, the project will include 5 premium Grade A office towers, 4 distinct retail precincts, 5 luxury and lifestyle hotels and 3 luxury residential towers operating under the core values of people-centric, sustainability and smart city living. The project’s first phase is scheduled for opening in the first quarter of 2024.
The issuer is solely responsible for the content of this announcement.
About One Bangkok
One Bangkok – the largest holistically integrated district in the heart of Bangkokwith an investment value of over THB120 billion on the total land area of 108 rai or 1,930,000 square meters, developed as part of the movement to evolve Bangkok to become one of the world’s great metropolises. Conceived under the vision to catalyse, lead the progress, and evolve along with Bangkok, One Bangkok will establish a new concept in urban planning. Located at the corner of Wireless Road and Rama 4 Road with direct linkages to the city’s burgeoning mass transit systems, One Bangkok comprises workplaces of the future, a new retail loop, luxury residences, five-star hospitality, a world-class LIVE entertainment arena, the presence of art and culture, and vast, welcoming public realm that covers 50 rai of the district. Well-equipped with Smart City and sustainable infrastructure, One Bangkok aims to be the first LEED for Neighborhood Development Platinum project in Thailand and WELL Building Standard for supporting human health and wellness.
About Frasers Property Limited Frasers Property Limited (“Frasers Property” and together with its subsidiaries, the “Frasers Property Group” or the “Group”), is a multinational investor-developer-manager of real estate products and services across the property value chain. Listed on the Main Board of the Singapore Exchange Securities Trading Limited (“SGX-ST”) and headquartered in Singapore, the Group has total assets of approximately S$40.2 billion as at 30 September 2022.
Frasers Property’s multinational businesses operate across five asset classes, namely, residential, retail, commercial & business parks, industrial & logistics as well as hospitality. The Group has businesses in Southeast Asia, Australia, Europe and China, and its well-established hospitality business owns and/or operates serviced apartments and hotels in over 20 countries and more than 70 cities across Asia, Australia, Europe, the Middle East and Africa.
Frasers Property is also the sponsor of two real estate investment trusts (“REITs”) and one stapled trust listed on the SGX-ST. Frasers Centrepoint Trust and Frasers Logistics & Commercial Trust are focused on retail, and industrial & commercial properties, respectively. Frasers Hospitality Trust (comprising Frasers Hospitality Real Estate Investment Trust and Frasers Hospitality Business Trust) is a stapled trust focused on hospitality properties. In addition, the Group has two REITs listed on the Stock Exchange of Thailand. Frasers Property (Thailand) Public Company Limited is the sponsor of Frasers Property Thailand Industrial Freehold & Leasehold REIT, which is focused on industrial & logistics properties in Thailand, and Golden Ventures Leasehold Real Estate Investment Trust, which is focused on commercial properties.
The Group is committed to inspiring experiences and creating places for good for its stakeholders. By acting progressively, producing and consuming responsibly, and focusing on its people, Frasers Property aspires to raise sustainability ideals across its value chain, and build a more resilient business. It is committed to be a net-zero carbon corporation by 2050. Building on its heritage as well as leveraging its knowledge and capabilities, the Group aims to create lasting shared value for its people, the businesses and communities it serves. Frasers Property believes in the diversity of its people and is invested in promoting a progressive, collaborative and respectful culture.
About TCC Assets (Thailand) Company Limited TCC Assets (Thailand) Company Limited (TCC Assets), established in 2013, is a fully integrated property development company, with a registered capital of ten billion baht. It is part of the TCC Group, one of the most well-known companies in Thailand. TCC Assets’ investment model focuses on creating added value to assets through product and service development. TCC Assets, subsidiary company, and affiliated company focus on the development of residential real estate projects, office building and retail space, along with hotel business and services related to IT.
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