Origin responds to the LTV unlock measures by presenting 18 ready-to-move-in and pre-sale condos, launching the campaign '11.11 Unlimited Condo Buffet' with 100% financing, allowing purchases without a down payment starting at 1.49 million THB.*

Origin Property indicates that the real estate market at the end of 2021 is showing signs of vibrancy, responding to the LTV unlock measures by showcasing 18 projects of ready-to-move-in and pre-sale condos in prime locations across Bangkok and the EEC. The ongoing promotion is part of the '11.11 Unlimited Condo Buffet' campaign, offering 100% financing with monthly payments starting at just 3,000 THB.* All transfer fees are waived, and customers will receive fully furnished units with electrical appliances. Additionally, a special '11.11' promotion will be available for shopping at HOT DEAL SALE through a live stream on November 11th in the program 'Condo Live'.

Mr. Apisit Sunthornchukiat, Co-CEO of Origin Condominium Co., Ltd., a developer of the Smart Condominium group under Origin Property Public Company Limited (ORI), stated that the Bank of Thailand (BOT) announced an adjustment to the loan-to-value (LTV) ratio for housing purchase contracts from the second property onwards from 70-90% to 100%. The first property remains at 100%, with an additional 10% loan available for furniture purchases (totaling 110% of the collateral value). This measure, effective from October 20, 2021, to December 31, 2022, is expected to stimulate the real estate market and consumer purchasing decisions at the end of the year.

“Consumer behavior has shifted, with an increasing demand for second homes to match their lifestyles. Therefore, this LTV unlock is good news for both buyers and developers, helping to invigorate the real estate market once again. Buyers can access housing more easily, while developers can manage their inventory better. With interest rates remaining low, it makes decision-making easier for buyers. Thus, we have organized a special promotion in the '11.11 Unlimited Condo Buffet' campaign for those looking for housing at the end of the year,” Mr. Apisit said.

The '11.11 Unlimited Condo Buffet' campaign will feature ready-to-move-in and pre-sale condos in prime locations, with 18 projects such as KnightsBridge Sky River Ocean, The Origin Sukhumvit 105, Notting Hill Rayong, and Origin Plug & Play Ramkhamhaeng Triple Station, starting at just 1.49 million THB. Discounts and bonuses exceeding 1 million THB will be offered, along with special financing privileges for 100% loans with monthly payments starting at just 3,000 THB.* (*Loan application conditions and payment rates are subject to bank regulations) and many other special privileges, including free transfer fees and free furniture with appliances for customers who book during the live event on November 11th.

Additionally, there will be an online condo fair welcoming the year-end festival on November 11th from 1:00 PM to 6:00 PM via the Facebook Fanpage and YouTube Channel of Origin Property in the program 'Condo Live'. During the 5-hour live stream, viewers will encounter 18 condominium projects from various brands, such as The Origin, Origin Plug & Play, KnightsBridge, Kensington, Notting Hill, and Brixton, with over 50 units available, featuring exclusive live-only promotions such as top-up discounts from regular prices, buffet-style bonuses of up to 11 items. Special offers for customers who book during the live event include a 2,000 THB gift voucher for the popular shabu restaurant You and I, with conditions as specified by each project. Interested parties can register for the offer from today until November 11, 2021.

Mr. Apisit further stated that projects developed by Origin Condominium have achieved strong sales in the past, and the promotions 'ORIGIN 100%' and '11.11' will be crucial in generating new sales in the final quarter, supporting the overall sales target for the year to reach a new record (All Time High) of 29 billion THB, as planned, and effectively stimulating the real estate market in Q4/2021.

The condominium projects participating in the 'Condo Buffet' campaign include 18 projects, comprising:
Ready-to-Move-In Projects

  • KnightsBridge Sky River Ocean starting at 3.99 million THB
  • B Loft Lite Sukhumvit 115 starting at 2.69 million THB
  • B Loft Lite Sukhumvit 107 starting at 2.09 million THB
  • Brixton Pet & Play Sukhumvit 107 starting at 2.2 million THB
  • KnightsBridge Collage Sukhumvit 107 starting at 2.49 million THB
  • The Origin Sukhumvit 105 starting at 1.69 million THB
  • The Origin Phaholyothin-Sapanmai starting at 2.49 million THB
  • The Origin Ramindra 83 Station starting at 1.99 million THB
  • The Origin Ratchada-Ladprao starting at 3.29 million THB
  • KnightsBridge Sukhumvit-Theparak starting at 2.79 million THB
  • Kensington Sukhumvit - Theparak starting at 2.49 million THB
  • KnightsBridge The Ocean Sriracha starting at 2.99 million THB
  • Kensington Rayong starting at 1.59 million THB
  • Notting Hill Rayong starting at 2.09 million THB

Pre-Sale Projects

  • Origin Plug & Play Nonthaburi Station starting at 1.59 million THB
  • The Origin E 22 Station Sukhumvit – Wire Station starting at 1.49 million THB
  • Origin Plug & Play Ramkhamhaeng Triple Station starting at 2.49 million THB
  • The Origin On Nut starting at 1.79 million THB


KnightsBridge Collage Sukhumvit 107


KnightsBridge Collage Sukhumvit 107


The Origin Sukhumvit 105


The Origin Sukhumvit 105 

 

Origin Condominium Co., Ltd. is a developer of the Smart Condominium group under Origin Property Public Company Limited (ORI), with key brands including The Origin, targeting the young professional market, especially first jobbers and first condo buyers aged around 23-28 years. Brixton targets the affordable niche market. As of the end of Q2/2021, the Smart Condominium group has launched a total of 48 projects valued at approximately 42.5 billion THB, receiving a positive response from consumers, leading to many projects being sold out quickly.

For Origin Property Public Company Limited (ORI), it has a diverse business structure, including:
1. Residential Development Business - developing condominiums and housing projects with 86 projects launched (as of Q3/2021), such as PARK ORIGIN, The Origin, KnightsBridge, Notting Hill, Kensington, Hampton, and BRITANIA, with a total project value exceeding 137 billion THB.
2. Recurring Income Business - such as hotels, serviced apartments, and retail.
3. Service Business - including property management, real estate brokerage, and consulting services, with a vision to continuously expand into new business areas such as logistics and asset management, aiming to be a comprehensive real estate operator.