Silom Edge: A Mixed-Use Development Meeting the Needs of New Generation Businesses
Silom Edge, the latest mixed-use development located at the prime intersection of Rama 4 Road and Silom, is being developed by Frasers Property (Thailand) Co., Ltd. or "FPT". Set to open in September 2022, it will feature both office and retail spaces designed for the new generation, catering to various urban lifestyles and addressing the needs of the new sandbox community in the heart of Bangkok.
The Silom Edge project, which marks FPT's first re-development initiative with an investment of over 1.8 billion baht, is developed under the concept of “The new sandbox community in CBD”. This innovative approach breaks away from traditional project development to capture the trend of digital disruption while fostering connections among people based on the philosophy of “BE DIFFERENT. BE CONNECTED.” The project targets New Gen customers, startups, and online platforms looking to create learning opportunities, expand their businesses, and grow within this sandbox community.
Following the launch of the co-working space ‘JustCo x Silom Edge’ late last year, which enhances the potential and strength of core and flex office services, the company has successfully secured a deal with a new unicorn startup leading in the Food-Biotech sector. This startup will be expanding its full office space for the first time at Silom Edge, reinforcing its position as the pioneer of the first urban sandbox community, as well as a hub for leading companies and renowned startups across various sectors, including technology, digital marketing, and proptech. With its unique concept and competitive pricing compared to the prime location connected to BTS and MRT, over 60% of the office space at Silom Edge has already been pre-leased before its opening.
Moreover, the sandbox community concept has also been applied to the retail space at Silom Edge, which is prepared to serve as a platform for all businesses to start easily, offering all-inclusive services. The four-story retail area includes two floors open from 11:00 AM to midnight and two special floors that operate 24 hours, catering to customers needing food services, convenience stores, pharmacies, and quality product vending machines through automated systems.
Currently, the retail space has secured deals with over 30% of well-known brands and services, and is in the process of selecting suitable brands to ensure that Silom Edge truly meets the lifestyle needs of the new generation without being tied to traditional service models.
Thanapol Sirithanachai, Country CEO of Frasers Property (Thailand) Public Company Limited, stated, “Frasers Property Thailand believes that Silom Edge, this mixed-use development in the CBD, will receive a positive response upon its opening in September, coinciding with the easing of the COVID-19 situation. With support from the government, the business sector, and the public, who have managed to cope well with the pandemic, there is a growing trend of returning to normal life, keeping both office and retail spaces in prime locations continuously in demand.”
“The opening of Silom Edge, this sandbox community, will revolutionize the mixed-use building sector for the future by delivering comprehensive and modern commercial spaces in a strategic location, distinguished by flexible service models that meet the needs of tenants and users. It will provide spaces that perfectly align with the evolving lifestyles of the new generation, supporting startups and businesses of all sizes within the project to grow and succeed more easily,” Thanapol added.
The Silom Edge project is another potential development by Frasers Property Thailand, located in a prime CBD area connected to both BTS and MRT, providing a competitive advantage for business operations. The building comprises seven floors of office and retail space, totaling over 22,000 square meters, designed to integrate work and life seamlessly throughout the day. Interested parties can contact 02 483 0046 for office leasing and 094 892 9492 for retail leasing.