Boss "Sunanta Singserm" of Siamese Asset Public Company Limited (SA) is moving forward to expand the real estate development portfolio into the health sector by launching a new project, “Silver Age Residence and Medical Center by Siamese Asset,” valued at 2.3 billion baht, located in the potential area of Taling Chan. This project targets quality elderly individuals (Silver Economy) who are health-conscious, environmentally aware, and seek a balanced lifestyle. The project will collaborate with “Sri Pat Medical Center” from the Faculty of Medicine, Chiang Mai University, to enhance the strength in rehabilitation medicine for the elderly. Sales are expected to start in Q2/2026, with completion and readiness for occupancy in Q4/2028.

Ms. Sunanta Singserm, Co-Chief Executive Officer of Siamese Asset Public Company Limited (SA), a comprehensive real estate developer, revealed that the company has developed a new mixed-use project, “Silver Age Residence and Medical Center,” with a total project value of over 2.3 billion baht on land along Taling Chan railway road, near Siriraj Hospital, connecting to Charan Sanitwong and Borommaratchachonnani roads, with the MRT Blue Line passing through. In the future, it is expected to be a transportation hub with important interchange points for three MRT lines. Sales are anticipated to begin in Q2/2026, with completion and readiness for occupancy in Q4/2028. The response from the silver economy customer group is expected to be excellent and will be a significant factor supporting revenue growth starting in 2028.

The project is divided into two buildings: Building A, which is a Medical Center with 45 beds, applying for permission as a “hospital for promoting rehabilitation for the elderly,” in collaboration with Sri Pat Medical Center from the Faculty of Medicine, Chiang Mai University, and Building B, which is a 21-story condominium with 349 units, clearly divided into three zones: a residential zone for those aged 50 and above, a hotel zone managed by a hospitality team, and a long-term rental zone for investors.

"The project is located in a prime area in the heart of Taling Chan, surrounded by green spaces and close to several leading hospitals, enhancing accessibility to medical services both now and in the future. Additionally, it is supported by national medical partners like “Sri Pat Medical Center,” which operates under the Faculty of Medicine, Chiang Mai University, a large medical center renowned for modern treatments, with a team of specialists in various fields and a reputation for high-standard services,” said Ms. Sunanta.

Mr. Montian Yingdamnoon, Co-Chief Operating Officer and Chief Business Development Officer of Siamese Asset Public Company Limited (SA), stated that the project's highlight emphasizes investment in building systems to enhance the quality of life for residents in the long term. It also helps increase property value and extend the lifespan of the buildings. The project will utilize the company's proprietary technology known as “Siamese Technology,” including an air purification system that filters PM 2.5 dust, suitable for the elderly and allergy sufferers, a VRV air conditioning system that saves energy by 20-30%, and the installation of solar panels on the building's roof for public utility systems, along with energy-saving glass to reduce external heat and improve overall energy efficiency of the project.

Moreover, the design of living spaces is tailored for the elderly, applying the principles of “Universal Design” in both common areas and inside the units to ensure residents can live conveniently, safely, and independently. Features include ramps, handrails, wide bathrooms without thresholds, shock-absorbent flooring, and furniture designed to fit the elderly's physique, along with safety technology such as fall detection devices and emergency call systems within the units.

“This project focuses on healthy elderly individuals who can take care of themselves and continue their daily lives normally, such as driving, working, or engaging in social activities. There will be a preliminary health screening before moving in to ensure that the community within the project is of high quality,” Mr. Montian stated.

Additionally, the project features over 1 rai of green space connecting both buildings, designed as a “Wellness Activity Zone” for residents of all ages, including Tai Chi areas, yoga spaces, therapeutic gardens, planting areas, and family activity zones, along with health services such as annual health check-up programs, emergency care, and future dependency care.

Associate Professor Dr. Wanraks Vacharaksilp, Deputy Director of Sri Pat Center, Faculty of Medicine, Chiang Mai University, stated that Building A, the medical center, will offer five specialized clinics, including neurology, orthopedics, rehabilitation medicine, internal medicine, and diagnostic imaging, accommodating 45 nursing home beds for recovery patients. The goal is to be a preventive and rehabilitative medical center for the elderly, serving 300 patients daily, and the building is designed to meet JCI (Joint Commission International) standards from a recognized U.S. institution, ensuring the highest safety standards for service recipients.

“The Silver Age Residence and Medical Center project is a model for developing living spaces that are genuinely connected to preventive and rehabilitative medical services, addressing the needs of healthy elderly individuals who seek a safe and valuable quality of life in every dimension. This aligns with the mission of Sri Pat Center to promote proactive health systems, and we are pleased to collaborate with Siamese Asset (SA), a real estate organization with a vision that deeply understands the needs of the aging society. SA's commitment to enhancing quality of life through detail-oriented design, investment in technology, and systematic management reflects a new concept of future living,” Associate Professor Dr. Wanraks Vacharaksilp concluded.