Origin Vertical continues its expansion in the Phuket market, launching 3 new condominium projects worth a total of 5.5 billion baht in prime locations including the coastal areas of Kata and the city center, catering to both Thai and international customers.

Mr. Apisit Sunthornchukiat, Co-CEO of Origin Vertical Corporation, part of Origin Property Public Company Limited (ORI), a comprehensive real estate developer, stated that Phuket is one of the most important tourist provinces in Thailand, known for its tourism, business opportunities, wellness, and as a second home for foreigners. Origin Property has been one of the first central developers to enter this market, receiving positive feedback from both Thai and foreign customers. The company is now preparing to launch an additional 3 condominium projects in hot locations in Phuket, with a total project value of 5.5 billion baht during the fourth quarter of 2023, to support the high season real estate market.

The three projects include:

  1. Origin Place Centre Phuket - A condominium project in the city center, just 2 minutes from Central Phuket, building on the success of The Origin Centre Phuket, which launched in 2023 and sold out in just 6 weeks.
  2. So Origin Kata Phuket - A condominium located 500 meters from Kata Beach, ideal for water sports enthusiasts.
  3. So Lagoon Cherngtalay - A luxury condominium project with 8 floors, located near Boat Avenue, which will be the first phase of the mega mixed-use project Origin Lagoon Cherngtalay Phuket.

Origin Lagoon Cherngtalay will cover an area of 16 rai and aims to integrate various components of tourism and leisure, enhancing lifestyle offerings with luxury villas, lifestyle hotels, wellness centers, and the So Lagoon Cherngtalay condominium as the first phase, set to launch in November.

“Earlier this year, we launched the So Origin Bang Tao Beach project under the mixed-use Origin Resort World Phuket, which received overwhelming response with over 80% sales. We believe that developing mixed-use projects is crucial for both Thai and foreign customers and will add vibrancy to Phuket. We are confident that this new mixed-use project will also receive a positive response,” said Mr. Apisit.

For So Lagoon Cherngtalay, it is a low-rise condominium project with 3 buildings and 511 units, located on over 5 rai in Cherngtalay-Bang Tao, with a project value of 2.1 billion baht. It offers various room types from studios to 3-bedroom units, surrounded by luxurious lifestyle amenities and conveniently located near Bang Tao Beach, known for its stunning sunsets, with prices starting at 2.89 million baht.

Meanwhile, Origin Place Centre Phuket is a low-rise condominium project with 3 buildings and 585 units, located on over 4 rai with a project value of 1.8 billion baht. This project is in the heart of Phuket, just 2 minutes from Central Phuket, making it highly popular among Thai and foreign investors looking for convenience in the city.

As for So Origin Kata Phuket, it is a low-rise condominium project with 4 buildings and 686 units, located over 6 rai near Kata Beach, just 500 meters away, with a project value of approximately 1.65 billion baht. The project features a resort lifestyle with extensive communal areas, including a pool lounge, party room, and cabana yard, allowing residents to enjoy sunrise views from the rooftop.

Origin Property Public Company Limited (ORI) has a diverse business structure, including:

  1. Residential Development Business - Developing condominiums and housing projects, with a total of 163 projects valued at over 253.198 billion baht.
  2. Recurring Income Business - Including hotels, serviced apartments, and retail.
  3. Service Business - Providing services to residents, property management, and real estate consulting.
  4. Long-term Mega Trends Business - Focusing on new growth areas such as logistics, healthcare, energy, finance, and entertainment to enhance the quality of life for consumers.