Financing the Future: SCB Commits 22 Billion Baht to The Forestias Development

Siam Commercial Bank (SCB) has provided financing worth 22 billion Thai baht, equal to 678 million United States dollars, to support the development of The Forestias project in Bangkok. The loan is directed toward completing the residential section of the development, which is scheduled to be finalized by 2026.

What Is The Forestias Project?

The Forestias is an ambitious urban development led by Magnolia Quality Development Corporation Limited (MQDC). Covering 156 acres on Bangna-Trad Road, the project is envisioned as a “Forest in the City,” where residential communities are seamlessly integrated with natural ecosystems.

Sustainability is at the core of the development. MQDC has aligned the project with all 17 United Nations Sustainable Development Goals, focusing on reducing carbon emissions, promoting clean energy, and restoring biodiversity within an urban environment. More than half of the land is reserved for green areas, creating a living forest that benefits both the environment and the well-being of the community.

The Forestias will include a mixed-use environment featuring a six-star boutique hotel, The Happitat shopping mall, state-of-the-art medical centre, Health & Brain Center, restaurants, offices, and an innovation building. MQDC also plans to add a museum and learning center, designed to connect directly with the surrounding natural landscapes.

With its residential zone scheduled for completion in 2026, The Forestias stands as a test of whether sustainable projects at this scale can attract both long-term residents and major financial investment in Thailand’s competitive real estate market.

Why SCB is Backing The Forestias

MQDC Chief Executive Officer Suttha Ruengchaiphaiboon has confirmed that construction of The Forestias is already 70% complete. The financing from SCB will support ongoing work and keep the residential zone on track for its planned 2026 completion.

While the financing directly supports construction, for SCBX Public Company Limited — the parent company of SCB — this investment reflects a broader strategy to support Thailand’s shift toward a low-carbon economy. SCBX Chief Executive Officer Arthid Nanthawithaya stated that the bank has backed The Forestias “from its inception,” viewing it as an example of how Thai real estate can achieve international standards through environmental innovation.

Types of Properties Within The Forestias

The Forestias presents a range of residential properties, each created with distinct features to suit different lifestyles and preferences. The following overview outlines the main property types available within the development:

• Whizdom (Destinia, Mytopia, Petopia): Designed for modern urban living, these residences provide options tailored to different needs. Destinia and Mytopia deliver high-rise comfort with panoramic views of the forest and city, while Petopia incorporates pet-friendly materials, sound insulation, and rooftop gardens for residents with animal companions.
• Mulberry Grove (Condominiums & Villas): Designed for multi-generational families, these homes combine spacious layouts with direct access to shared green zones and central infrastructure. Living rooms are built to host family gatherings, while private zones and storage solutions support everyday comfort across generations.
• Aspen Tree: Designed with lifelong well-being in mind, this residential concept combines housing with wellness services for retirees and older people. It features three high-rise and two low-rise buildings, a clubhouse with medical and social facilities, and The Health & Brain Center, which is dedicated to maintaining health and cognitive functions.
• Six Senses Residences: Designed as Southeast Asia’s first resort-style branded homes by Six Senses, these villas offer private gardens, swimming pools, and exclusive wellness experiences. Residents enjoy access to Six Senses spa treatments, concierge services, and signature brand events.
• The Forestias Signature Series: Designed for distinction, this 44-story tower includes only 122 residences starting at 140 square meters. Located along the development’s longest forest edge, each unit offers uninterrupted views and private lift access. Owners also receive exclusive access to the facilities of the neighboring Hotel Indigo.

Securing Your Place at The Forestias with Sunway Estates

Interest in The Forestias continues to grow as construction moves toward its 2026 completion. For those who wish to be part of this landmark development, opportunities are already available. Whizdom, Aspen Tree, and Mulberry Grove residences are complete, giving early buyers the chance to move in now while the wider community takes shape.

For those considering other projects within The Forestias, seeking professional guidance is the best way to prepare. With a development of this scale, each property offers its own lifestyle and long-term advantages. Learning more now positions you to make the right decision before demand increases further.

We at Sunway Estates provide the professional insight needed to explore available properties, assess long-term potential, and manage the purchase process with confidence. Whether you are drawn to The Forestias for personal living, retirement, or investment, we are here to help you find the right fit.

To learn more about available residences and take the first step toward securing your place in Thailand’s most innovative green development, contact Sunway Estates today!