<\/span>"Origin Property" has generated sales of 10,188 million baht in the 3rd quarter, following the successful sales of the brand "The Origin" with 4 new projects selling rapidly, including the "Park Origin Chula-Samyan" and "Park Origin Ratchathewi" projects, which have nearly reached 80% pre-sales. Recently, Kensington Rayong has also performed strongly with sales reaching 90%, contributing to a cumulative sales total of 23,148 million baht in the first 9 months, or about 83% of the annual sales target, paving the way for Q4 with the "Britania" housing project and "Origin Smart City Rayong" project, confidently aiming to exceed the annual sales target of 28,000 million baht. <\/strong><\/p>

          Mr. Pirapong Jaroonaek, CEO of Origin Property Public Company Limited (ORI), the comprehensive real estate developer, revealed that the company achieved sales of over 10,188 million baht in the 3rd quarter of 2019 due to the continuous launch of 4 condominium projects under the brand "The Origin". These projects have exceeded expectations, with 3 projects already sold out, including 1. The Origin Ramkhamhaeng 209 Interchange 2. The Origin Ratchada-Lat Phrao 3. The Origin Lat Phrao 15.

"At the same time, The Origin Sukhumvit 105 which just opened for pre-sales in mid-September, has received a good response, resulting in an overall sales rate or Take up rate of the brand The Origin reaching over 85%, reflecting the success of the company's Blue Ocean strategy, which focuses on targeting locations with low competition and successfully penetrating the Gen Z market, a new purchasing group that has not yet been captured by any real estate operators," said Mr. Pirapong.

                    Additionally, the luxury condominium projects under the brandPARK ORIGIN 2 projects launched in the 2nd-3rd quarter, with a total project value of over 7,500 million baht, have continuously generated sales for the company, with the "Park Origin Chula-Samyan" and "Park Origin Ratchathewi" projects achieving sales of over 80%. Meanwhile, the "Kensington Rayong" low-rise condominium project under the "Origin Smart City Rayong" project has also received a satisfactory response, with sales reaching 90% of the units available for sale.

The positive response throughout the 3rd quarter has resulted in the company achieving cumulative sales of 23,148 million baht in the first 9 months of 2019, which is 83% of the annual sales target for 2019.

          Mr. Pirapong further stated that in the 4th quarter of 2019, the company has many projects scheduled for official launches, including 2 condominium projects under the brand "The Origin", 4-5 projects under the "Britania" housing brand, and the "Notting Hill Rayong" project, which is one of the highlight projects under the "Origin Smart City Rayong" project, as well as the "The Hampton Sriracha by Origin and Dusit" project, a joint venture between the company and Dusit Thani Group (DTC), with a total project value of no less than 14,000 million baht.

          "With our strength in understanding customer needs or Empathy, we have carefully selected high-potential locations and quality projects in suitable segments to launch in response to consumer demand. At the same time, we also have ready-to-move projects along various BTS lines where consumers continue to book, so we are confident that this year we will achieve sales of 28,000 million baht as targeted," said Mr. Pirapong.

In the 4th quarter, the company is also preparing to launch new promotions to meet consumer needs, expected to be announced soon.

          Origin Property Public Company Limited has a diverse business structure, including <\/span>1.Residential Development Business developing condominiums and housing projects, with a total of 65 projects such as the PARK ORIGIN, The Origin, KnightsBridge, Notting Hill, Kensington, and BRITANIA brands, with a total project value of over 103,000 million baht. 2.Recurring Income Business such as hotels, serviced apartments, and retail. 3.Service Business such as property management, buying, selling, and renting real estate, and consulting services in real estate, with a vision to continuously expand into new business types to become a comprehensive real estate operator.

Thank you for the information from www.origin.co.th