Singha Estate demonstrates its potential in modern office building business, preparing 4 buildings in 3 key strategic locations of Bangkok, covering a total area of over 195,000 sq.m., meeting all business needs, along with Thai Stop COVID standards for hygiene.

Since the onset of COVID-19 two years ago, the world has undergone significant changes. Currently, the COVID situation is improving steadily, and people who once struggled to adapt to the New Normal are becoming accustomed to the preventive measures that have become part of daily life. In the business sector, companies continue to adapt to push their businesses forward in the transition to a post-COVID world. Singha Estate, as a leader in the real estate business, has also continuously adapted, particularly in commercial, lifestyle mall, and office rental sectors, while continuing to invest in large projects in prime locations that are strategically important for business in Bangkok. The goal is to modernize Thai office buildings, providing comprehensive amenities to welcome the recovery of the economy, lifestyle, and new working methods that are on the horizon.

Ms. Oranee Phoolkhwan, Chief Executive Officer of Retail Business Development and Commerce at Singha Estate Public Company Limited, stated that although the COVID-19 situation has disrupted people's lives and work, Singha Estate remains confident that the company's commercial business will experience significant growth in the post-COVID period. This confidence stems from Singha Estate's continuous preparedness and development in line with the evolving situation, with a key strength being the strategic location of its office buildings. The company has invested in upgrading all office projects in every aspect to provide the best experience for tenants and visitors. Currently, Singha Estate has 4 office buildings located in 3 key strategic areas: Phrom Phong, Phetchaburi-Asoke, and Vibhavadi Rangsit, totaling over 195,000 sq.m.

Starting with the flagship project in the Chatuchak area, Singha Estate's latest project is S OASIS, which is set to open in the second quarter of this year. This building has been planned and developed to be the first Grade A office building on Vibhavadi Rangsit Road. It is a 35-story building valued at 3.695 billion baht, comprising over 55,000 square meters of office and retail space, with parking for over 2,000 vehicles both inside and outside the building. Additionally, it includes EV Charger parking spots for electric vehicles to cater to the environmentally friendly travel trend and the increasing use of electric cars. S OASIS is located in a prime area on Vibhavadi Rangsit Road, connecting to Lat Phrao Intersection and near Bang Sue Central Station, which is the hub for developing both electric and conventional rail networks, supporting future business expansion in northern Bangkok. Thus, S OASIS is like a flagship gem in a strategically important location with an economic dynamic worth hundreds of billions of baht and the daily movement of hundreds of thousands of people.

Another significant highlight of S OASIS is that it is a smart building that conserves energy according to LEED standards. The usable space is designed for various functions, whether for full office rental or co-working space, and includes touchless technology in common areas to ensure good hygiene for both tenants and building users.

Next to S OASIS is Sun Towers, another project by Singha Estate on Vibhavadi Rangsit Road, close to BTS and MRT stations. The project consists of Building A, which is 32 stories high, and Building B, which is 40 stories high, with a total rental and retail space of over 66,000 square meters and parking for 1,300 vehicles. It offers full amenities such as meeting rooms, a fitness center, and a helicopter landing pad, with safety standards in compliance with legal, engineering, and fire safety management, evidenced by the Building Safety Awards 2021. Additionally, Sun Towers serves as a model for preventing COVID-19 outbreaks in high-rise buildings, ensuring that everyone who enters the building can do so safely according to all standards.

A modern building in another strategic business location on Phetchaburi Road is SINGHA COMPLEX, which is Singha Estate's flagship mixed-use project located in the prime Asoke-Phetchaburi area. It serves as an important connection point for the business district, featuring an international conference center, leading department stores, universities, and five-star hotels. The building is easily accessible via an underground walkway connecting to the MRT Phetchaburi station. SINGHA COMPLEX is designed as a smart office, distinguished by innovative technology and building management applications to facilitate tenants and retail users. Additionally, the building's air conditioning system has been upgraded with UV-UVC sterilization and ozone air purification to ensure clean air and increased oxygen levels inside the building. The design features large windows that allow for ample natural light and views, creating a spacious and comfortable working environment. It includes a co-working space where people can work and relax, along with free Super Wifi at a speed of 1GB/second, covering the common areas, making it the fastest in Bangkok. SINGHA COMPLEX has maintained an average occupancy rate of 98%, with 10,000-20,000 office workers and visitors using the building daily, reflecting its strong potential and readiness for the market recovery expected in 2022.

Further down Sukhumvit Road from SINGHA COMPLEX is S METRO, located in the Phrom Phong area, a popular residential and office location for expatriates, as well as a tourist area featuring leading shopping malls and Benjasiri Park, a recreational spot for residents. The building, valued at 1.725 billion baht, offers nearly 14,000 square meters of rental space and is close to the BTS Phrom Phong station. Singha Estate has invested in modernizing the building and its facilities, including various systems within the building, to align with the changing work styles. It has also enhanced the building's environmental and health standards, receiving the MEA Energy Award for energy-efficient office buildings in 2021 from the Metropolitan Electricity Authority, ensuring effective energy management and quality air systems. S METRO has been highly favored by international companies, including new startups, with an average occupancy rate of nearly 90%.

“Recently, Singha Estate's office buildings, including S OASIS, Sun Towers, SINGHA COMPLEX, and S METRO, have been certified as meeting the Thai Stop COVID hygiene standards by the Department of Health. We have a strict management system to prevent COVID-19. It can be said that Singha Estate is ready to provide services and operate office and retail spaces, with all buildings developed around the time of the COVID-19 crisis and the shift to a New Normal lifestyle. We continuously design, develop, and improve all Singha Estate buildings to meet hygiene standards and truly support the Hybrid Work Model. Furthermore, with strengths in various strategic locations covering both the northern and southern business hubs of Bangkok, whether it’s the new business center on Vibhavadi Rangsit Road or popular business areas like Phrom Phong and Asoke-Phetchaburi, Singha Estate is ready to be the choice for both large and small companies, as well as startups seeking modern, clean, and safe office spaces to support their business operations and meet the working styles of the new generation,” Ms. Oranee concluded.