Porsche Design and Ananda Development unveil the ultra-luxurious residential tower Porsche Design Tower Bangkok, setting a new benchmark for branded residences across Asia
The Porsche brand might typically be associated with its birthplace of Stuttgart in Germany, or the sun-drenched coast of Miami, where it has established an architectural presence with a 60-storey residential tower, but did you know Bangkok has one of the most zealous Porsche communities in the world?
Since 2016, the city has hosted Das Treffen, the largest and most vibrant annual gathering and celebration of Porsche enthusiasts and owners in Asia—an amazing feat considering that in Thailand, taxes on imported luxury vehicles can reach up to 328 per cent of their retail price.
Chanond Ruangkritya, chief executive officer of Thai property developer Ananda Development and a fixture in the country’s Porsche community, created a two-minute highlight video of Das Treffen that celebrated the 30th anniversary of Porsche in Thailand and sent it to the Porsche AG headquarters with a succinct message that they needed to do something bigger in the country.
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“I remember the day we received the video package and the note clearly. We watched it and we’re like: “Wow! The opportunity came to us and we were stunned,” shares Stefan Buescher, chairman of the executive board of Porsche Lifestyle Group. At that time, Porsche AG was indeed looking to expand its real estate presence in Asia Pacific, and had already compiled the data on the community in Thailand.
Fast forward to August 2024, when Porsche Design and Ananda Development unveiled the result of their collaboration: the first Porsche branded residence in Asia—Porsche Design Tower Bangkok.