In the retail market, the 15,000sqm GFA SookSiam will be developed within the mixed-use Iconsiam following the co-creation retail concept which will provide an omni-channel platform to showcase Thailand’s cultural heritage and authentic products.

Sooksiam

Furthermore, Central Village that is expected to open by Q3 2019 will feature a luxury outlet mall, a 200-key hotel, and a supermarket in which 235 boutique shops offer a 35% - 70% discount off their retail prices every day. In another context, Pace Development Corporation Plc sold some of its assets in the mixed-use MahaNakhon to King Power MahaNakhon Co., Ltd in a US $441.7 million deal. Meanwhile, Somerset Lake Point Bangkok was rebranded into the 429-unit Shama Lakeview Asoke Bangkok, and the 101-key Meliá Phuket Mai Khao was added as Meliá Hotels International’s fifth property in Thailand.