ORN showcases its impressive Q1/68 performance with remarkable sales of 1.572 billion baht. The ARISE Vibe Phuket condominium is receiving positive feedback during the peak tourist season, while Chiang Mai is bustling with interest from both Thai and foreign customers in both low-rise and high-rise projects. The recent earthquake has not affected sales, and the company is poised to benefit from the LTV measures, continuing its marketing activities to drive sales growth as planned.

Mr. Arakdet Udomsiri Thamrong, Deputy CEO of Orn Sirin Holding Public Company Limited, revealed that in the first quarter of 2568, the company achieved sales from high-rise and low-rise projects in Chiang Mai and Phuket totaling over 1.572 billion baht, reflecting strong confidence from both Thai and foreign customers in all ORN projects.

The standout project in Q1/2568 was the "ARISE Vibe Phuket" condominium, a low-rise development in the heart of Phuket with a total project value of 1.115 billion baht. It has received a positive response, achieving 648 million baht in pre-sales within just one month of its launch, accounting for 44% of the 189 units, with 60% of buyers being Thai and 40% foreign.

Additionally, the low-rise and high-rise projects in Chiang Mai continue to gain trust from both Thai and foreign customers, including the single-house projects Belief Wongwan-Sankamphaeng and Habitat Wongwan-Sankamphaeng, which together have sales of 514 million baht, and the condominiums Arise Hill Chiang Mai and The Astra Sky River, with total sales of 1.058 billion baht. As a result, the company currently has a backlog of approximately 2.588 billion baht as of March 30, 2568.

“The impressive sales growth in the first quarter of this year is a result of our commitment to developing quality projects in prime locations that meet customer needs effectively. Additionally, we are benefiting from the ongoing recovery in tourism. The recent earthquake has had no impact on our operations and sales, as most ORN projects in Chiang Mai were not directly affected, coupled with customer confidence in our strong and safe construction standards,” said Mr. Arakdet.

Furthermore, we are receiving positive factors from the Bank of Thailand's relaxation of LTV regulations, which is expected to stimulate consumer purchasing decisions in Q2/2568 even more. The company will continue to conduct marketing activities to raise awareness and stimulate sales, helping to accelerate the transfer of ownership across all project categories to achieve our sales growth targets,” Mr. Arakdet concluded.