MQDC
- Company typePrivate
- Founded1994
- HeadquartersBangkok, Thailand
- Headcount101–250
- GTM typeB2C
- OfferingServices
MQDC firmographics
Firmographics- Name
- MQDC
- Legal name
- Magnolia Quality Development Corporation Limited
- Website
- https://mqdc.com
- Company type
- Private
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
MQDC industry classification
Industry- Product category
- Luxury Residential Real Estate Development
- NAICS
- New Housing For-Sale Builders (236117), New Single-Family Housing Construction (except For-Sale Builders) (236115), Continuing Care Retirement Communities (623311)
- SIC
- General Bldg Contractors - Residential Bldgs (1520), Land Subdividers & Developers (No Cemeteries) (6552)
- akta.pro primary industry
- Luxury Vacation Homes & Residences (THAMAEAB)
- akta.pro secondary industry
- Luxury Villas & Residences Resorts (THAGACAM)
Keywords
Where MQDC is headquartered
LocationHeadquarters
- HQ city
- Bangkok
- HQ country
- Thailand
- HQ region
- Asia
Offices1 record
Markets served
MQDC business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Residential Property Sales: Primary revenue from selling luxury condominiums, houses, and villas across multiple brands including Magnolias, Mulberry Grove, Whizdom, The Aspen Tree, and Six Senses Residences. Projects range from entry-level condos starting around THB 5 million to ultra-luxury villas exceeding THB 300 million.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Entry-level condominiums (Whizdom brand) |
| Unit Pricing | Pay-as-you-go | Mid-range condominiums |
| Unit Pricing | Pay-as-you-go | Luxury condominiums (Signature Series, premium locations) |
| Unit Pricing | Pay-as-you-go | Ultra-luxury villas |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
MQDC product offering
Product offeringCore offering
MQDC develops and sells luxury residential real estate in Thailand across multiple sub-brands including Magnolias (flagship luxury), Mulberry Grove (multi-generational living), Whizdom (urban new-generation condos), The Aspen Tree (50+ lifetime care community), and Six Senses Residences (luxury hospitality-branded villas). The company also develops large mixed-use theme projects such as The Forestias (urban forest district), Happitat, and Cloud 11, and provides after-sales services including a 30-Year Warranty, MQDC Home Application, and Courtesy Service for residents.
Product overview
MQDC (Magnolia Quality Development Corporation Limited) is a Thai real estate developer operating a multi-brand portfolio of residential properties and services. The company offers six main residential sub-brands: Magnolias (flagship luxury), Mulberry Grove (multi-generational living), Whizdom (urban new-generation condos), The Aspen Tree (50+ lifetime care community), Six Senses Residences (luxury resort-style villas), and The Forestias Signature Series (iconic high-rise residences). These brands are supported by three theme projects: The Forestias (urban forest district), Happitat (happiness destination), and Cloud 11 (creative tech hub). MQDC provides complementary services including a 30-Year Warranty covering structural integrity, rainproof exteriors, plumbing/wiring, and doors/windows; the MQDC Home Application for project updates and payments; and MQDC Courtesy Service with 24-hour security and resident support. The portfolio spans condominiums, houses, and villas across Bangkok's prime locations including Sukhumvit, Ratchada, Bangna, Samyan, and Ekkamai.
Differentiator
Problem solved
Functional benefit
Brands
- Magnolias: Flagship luxury residential brand offering premium living with exceptional architecture and interiors in prime locations
- Mulberry Grove
- Whizdom
- The Aspen Tree
- Six Senses Residences
- The Forestias
- Happitat
- Cloud11
Products and services
- Magnolias
- Mulberry Grove
- Whizdom
- The Aspen Tree
- Six Senses Residences The Forestias
- The Forestias Signature Series
- The Forestias
- MQDC 30-Year Warranty
- MQDC Home Application
- MQDC Courtesy Service
Quantifiable outcome
- 30-year warranty vs industry standard of 5 years
- +2 more outcomes
Companies that use MQDC
Customer profileNamed customers1 record
Segments5 records
Ideal customer profiles4 records
MQDC technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
MQDC partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- Siam Piwat GroupcoreJoint venture partner for ICONSIAM, a premier global riverside destination combining retail, cultural experiences, and luxury residences including Magnolias Waterfront Residences and The Residences at Mandarin Oriental.
- CP GroupcoreJoint venture partner for ICONSIAM development, contributing to one of Thailand's most prestigious mixed-use riverfront projects.
- True CorporationcorePartnership for True Digital Park (101 True Digital Park), a 200,000 sqm startup and lifestyle campus blending working, living, and innovation in one location.
- Eden Estate CorporationminorCollaboration for The Strand Thonglor project, MQDC's first project with Eden Estate featuring world-class design and luxury finishes in Bangkok's Thonglor district.
- Baycrest (Canada)coreGlobal leader in residential living and healthcare specializing in Brain Health, Aging, and Longevity. Partnership for The Aspen Tree Health & Brain Center, bringing over 100 years of Canadian expertise to Thailand.
- Six Senses Hotels Resorts SpascoreBranding partnership for Six Senses Residences The Forestias, bringing luxury resort-style living with Six Senses services to 27 exclusive homes.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
MQDC competitors and assessment
Company assessmentDirect peers
- Country Group Development: Thai developer behind ultra-luxury Bangkok projects such as 98 Wireless and The Diplomat. Directly comparable in ultra-luxury HNW positioning and branded-residence strategy.
- Major Development: Bangkok-focused luxury and ultra-luxury developer, particularly in Sukhumvit, Ekkamai, and Thonglor. Closest direct peer to MQDC's high-end Magnolias, Mulberry Grove, and Six Senses Residences positioning.
- AP (Thailand): Listed Thai residential developer with a strong condominium portfolio in Bangkok and surrounding provinces. Comparable in mid-to-upper market positioning and in competing for the same transit-oriented catchment.
- Ananda Development: Major Thai condominium developer focused on Bangkok mass-market to mid-luxury segments, often near BTS/MRT transit. Comparable as a Bangkok condo specialist competing in overlapping Sukhumvit and Bangna corridors.
- Sansiri: One of Thailand's largest residential developers, with a broad portfolio spanning luxury condominiums, townhomes, and single-detached houses in Bangkok and key provinces. Directly comparable in product mix and price tiers, and a primary competitor for premium urban Bangkok projects.
- Land and Houses: One of Thailand's largest and longest-established residential developers, with deep single-detached house and townhouse offerings plus condominiums. A broad-based direct competitor for both landed and condominium demand.
- Supalai: Large Thai developer with a wide range of condominiums and houses across Bangkok and upcountry. Comparable in scale of pipeline and brand diversification, though with stronger mass-market tilt than MQDC.
- Origin Property: Bangkok-focused developer with luxury and ultra-luxury condominium projects (e.g., Knightsbridge, Notting Hill). Comparable in targeting high-net-worth urban buyers in prime Sukhumvit-adjacent locations.
- Raimon Land: Bangkok luxury condominium developer with a focus on premium branded residences (e.g., partnership with leading hotel brands). Highly comparable to MQDC's branded-residence and ultra-luxury playbook.
Broad incumbents
- City Developments Limited: Singapore-listed global real estate group with luxury residential and branded residences in Asia. Comparable in scale of branded-residence strategy and international HNW buyer targeting, though operating across multiple geographies.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
MQDC social profiles
Digital presenceMQDC financial estimates
Financial estimateRevenue estimate
Valuation estimate
MQDC leadership team
Management profileNumber of profiles
Profiles1 record
MQDC funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MQDC M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MQDC
What does MQDC do?
MQDC develops and sells luxury residential real estate in Thailand across multiple sub-brands including Magnolias (flagship luxury), Mulberry Grove (multi-generational living), Whizdom (urban new-generation condos), The Aspen Tree (50+ lifetime care community), and Six Senses Residences (luxury hospitality-branded villas). The company also develops large mixed-use theme projects such as The Forestias (urban forest district), Happitat, and Cloud 11, and provides after-sales services including a 30-Year Warranty, MQDC Home Application, and Courtesy Service for residents.
Is MQDC a public or private company?
MQDC is a private company. It is classified as corporate owned and is currently operating.
When was MQDC founded?
MQDC was founded in 1994. It employs 101 to 250 people.
Where is MQDC based?
MQDC is headquartered in Bangkok, Thailand, in the Asia region.
How does MQDC make money?
One revenue line is on record: residential Property Sales.
Who are MQDC's main competitors?
Direct peers on record are Country Group Development, Major Development, AP (Thailand), Ananda Development, Sansiri, Land and Houses, Supalai, Origin Property and Raimon Land. City Developments Limited is listed as a broad incumbent.
Does MQDC have an API?
No public API is recorded for MQDC.
What industry is MQDC in?
MQDC's product category is Luxury Residential Real Estate Development. Its primary akta.pro industry code is THAMAEAB, Luxury Vacation Homes & Residences, with a secondary code of THAGACAM, Luxury Villas & Residences Resorts. Its NAICS code is 236117 and its SIC code is 1520.