New UOB Headquarters is coming to Bangkok's expat rich district
THAILAND - Bangkok boasts a multitude of office buildings, high-quality residential options, embassies, entertainment venues and an array of retail offers. Improvements to public infrastructure and growth in real estate has caused an increase in the number of expats settling in the city. Considered the longest road in Thailand, the Sukhumvit district is lined with skyscrapers, offices and even offers a variety of attractions that makes it popular with the expat community. Located in the heart of Sukhumvit Road, the New United Overseas Bank (UOB) Headquarters is coming to Bangkok’s expat rich district in 2021.
Founded in 1935, UOB has a well established regional presence particularly in Asia with its network in Singapore, China, Malaysia, Indonesia and Thailand. At present, the UOB Group has more than 500 offices in 19 different countries in Asia Pacific, Western Europe, and North America. As part of UOB, United Overseas Bank Thai is a regional bank rooted in Thailand that brings financial expertise and quality products to people.
The New UOB Headquarters is a 30-storey Grade A office building located in the Sukhumvit-Phrom Phong area. It will serve as the main office for the Singapore-based bank operations in Thailand accommodating more than 3,000 employees. It will also include retail banking and conferencing facilities in the adjacent 7-storey pavilion building. With Grade A office buildings targeting the expat rich district, Sukhumvit, it is presumed to increase at an even higher rate as the new UOB Office comes to Bangkok following the opening of the Bhiraj Tower and Emquartier.
Bouygues-Thai Ltd. was appointed by United Overseas Bank (Thai) for the construction of UOB’s new Bangkok headquarter. This THB4 billion building in the heart of Bangkok’s commercial district on Sukhumvit Road is currently under construction and is scheduled for completion in the third quarter of 2021. The building is also targeting Green Mark Platinum. New UOB Headquarter will have a gross floor area of 60,000 square meters with 5 basement levels.
According to Wee Ee Chong, deputy chairman and chief executive officer of UOB, “With more than 80 years of experience operating in the region, UOB has a strong appreciation of what is unique to Asean and what matters to our customers. In Thailand, one of the region’s fastest growing economies, we have been helping our customers manage and grow their wealth and businesses for more than two decades.” With this, their new building is designed to reiterate UOB’s unwavering commitment to Thailand.