12 February 2024

Rabbit Holdings partners with Ananda Development and The Ascott Limited, to launch “THE RESIDENCES 38”, a world-class residential project, along with a luxury serviced residence “La Clef Bangkok by The Crest Collection”, to redefine Thailand’s real estate sector.

Mr. Kavin Kanjanapas, (2nd from left) Executive Director and Chief Executive Officer of BTS Group Holdings Public Company Limited and Director of Rabbit Holdings Public Company Limited, Ms. Soraya Satiangoset, (2nd from right) Chief Financial Officer and Acting Chief Executive Officer of Rabbit Holdings Public Company Limited, Mr. Chanond Ruangkritya, (left) Chief Executive Officer of Ananda Development Public Company Limited and Mr. Kevin Goh, (right) Chief Executive Officer of The Ascott Limited (Ascott), the industry leaders in mass transit system services as well as Thailand’s real estate and condominiums along the sky train and subway lines will lead ‘THE RESIDENCES 38’, an ultra-luxury private residence located in the heart of Bangkok’s Thonglor district along Soi Sukhumvit 38, near the BTS Thonglor Station, while global hospitality operator, Ascott will manage the 115-unit serviced residence, La Clef Bangkok by The Crest Collection. La Clef Bangkok by The Crest Collection will occupy levels 12 to 23 , while THE RESIDENCES 38 will offer condominium units ranging from one-bedroom units to penthouses, from levels 24 to 36 of the same development.

“THE RESIDENCES 38” is an investment by Rabbit Holdings, an affiliated company of BTS Group, which specialises in investment in real estate development and management through cooperation with outstanding strategic alliances in terms of branding and marketing. Rabbit Holdings has appointed Ananda as the project manager for the construction, development, and overall sales and marketing planning of the project. The cooperation with Ananda will enhance the business development potential of Rabbit Holdings, and will expand its customer base both domestically and internationally through Ananda’s strong and diverse customer network. Furthermore, Rabbit Holdings has also appointed The Ascott Limited as the hospitality operator of La Clef Bangkok by The Crest Collection, marking the debut of The Crest Collection brand in Thailand.