Origin Vertical Updates on Construction of 3 Projects in Phuket: The Origin Centre Phuket, The Origin Kathu Patong, and So Origin Bangtao Beach, with a total value of over 5,900 million baht, has seen sales soar over 80%, reaffirming its commitment to developing and delivering quality projects to all residents, highlighting Phuket as a World Class Destination.

Mr. Piti Jarukamjorn (CEO) of Origin Vertical Corporation Limited, a subsidiary of Origin Property Public Company Limited (ORI), a comprehensive real estate developer, announced that the company is moving forward with the construction of three condominium projects in prime locations in Phuket to ensure timely completion and delivery to customers. These projects include The Origin Centre Phuket, The Origin Kathu Patong, and So Origin Bangtao Beach, all being constructed by 3 Prong Co., Ltd., one of Origin's contractor partners with over 30 years of construction experience. Over the years, the company has trusted 3 Prong as the main contractor for several projects in Bangkok, totaling over 12,000 million baht, ensuring that the company can deliver quality projects to customers. All three projects have received Environmental Impact Assessment (EIA) approval and construction permits, with sales exceeding 80% of the total project value of over 5,900 million baht.

“Origin is committed to developing and delivering quality projects to all our customers. We thank everyone for their trust over the past 15 years. Phuket is an important province that has seen significant growth, with over 100,000 million baht invested in various projects by both the public and private sectors. It is a key economic and tourism province in Thailand, recognized as a World Class Destination, and continues to grow. Our company's project development focuses on enhancing functionality and innovation to meet the needs of every market segment, including homeowners, long-term investors, and international clients. We manage these properties with a professional team to facilitate long-term investors without the hassle of finding tenants or managing properties themselves. Additionally, we collaborate with various international agent partners to increase the project's accessibility to foreign clients,” Mr. Piti stated.

The Origin Centre Phuket Project

The Origin Centre Phuket project, valued at 1,300 million baht, is a low-rise condominium with 8 floors and a total of 701 units, situated on a 5-rai plot in the heart of Phuket city. This investment-friendly location is conveniently located just 400 meters from Central Phuket. Designed under the concept “Live your Moment,” it achieved sold-out status within 6 weeks. This project caters to all lifestyles, suitable for both personal residence and rental investment, with unit sizes ranging from 20 to 33 square meters, starting at 2.19 million baht*. It is fully equipped with comprehensive amenities, including a large clubhouse, lobby, co-working space, fitness center, swimming pool, rooftop garden, and laundry room. Construction is set to begin in Q1/2024, with the latest status as of May 2025 showing 20% completion, and expected to be finished by Q3/2025, ready for delivery within the year.

The Origin Kathu - Patong Phase 1 Project

The Origin Kathu - Patong project, valued at 2,100 million baht, is located adjacent to Phra Phuket Kaew Road, conveniently close to Phuket Town, just 10 minutes to Patong and near Old Town. Designed under the concept “Live in Balance,” it spans over 6 rai and consists of 8-story low-rise condominiums in 3 buildings and 7 commercial units, totaling 617 units, with prices starting at 2.19 million baht*. Each unit has a usable area ranging from 25 to 47 square meters, with 80% of sales already achieved. Construction began in Q3/2024, and as of May 2025, approximately 17% of Phase 1 construction has been completed, with expected completion in Q4/2025 and ready for delivery within the year.

So Origin Bangtao Beach Project

The So Origin Bangtao Beach project, valued at 2,500 million baht, is a vacation condominium located in a prime area of Phuket, near Bangtao Beach and Surin Beach, with prices starting at 4.9 million baht*. It is a low-rise condominium with 8 floors across 3 buildings, situated on over 5 rai of land, comprising a total of 545 residential units. Options include studio units of 26 square meters, 1-bedroom units of 30 square meters, and 2-bedroom units of 50 square meters. The project launched in Q1/2024, currently has 80% sales, and construction is set to start in July 2024, with the latest status as of May 2025 showing 12% completion, expected to finish by January 2026.

Additionally, the So Origin Bangtao Beach project is part of the larger “Origin Resort World Phuket | Bangtao Beach” project, a mixed-use development with a total investment exceeding 8,000 million baht, located on Bangtao Beach, under the concept “The one and only precious mixed-use beachfront community,” covering over 25 rai and consisting of 6 projects, including an 8-story luxury condominium, So Origin Bangtao Beach, luxury villas, hotel villas, a beach club, residences, and a 5-star hotel, catering to every market segment and continuously capturing the growing tourism market.

Origin Property Public Company Limited (ORI) has a diverse business structure under 4 business groups:

1. Residential Development Business - has developed 167 projects (as of the end of Q4/2024), including brands like Park Origin, So Origin, Origin Plug & Play, Knightsbridge, Notting Hill, Origin Place, The Origin, Kensington, Hampton, Origin Play, Brixton, and Britania, with a total project value exceeding 259,072 million baht. The low-rise residential projects are managed by Britania Public Company Limited (BRI), focusing on single-family homes and twin houses, while high-rise projects are managed by Origin Vertical Corporation Limited (ORIGIN VERTICAL).

2. Recurring Income Business - includes hotels, serviced apartments, and retail.

3. Service Business - includes services for residents, property management, real estate brokerage, and real estate consulting.

And 4. Mega Trends - a new business group with long-term growth potential, including logistics, healthcare, energy, finance, entertainment, etc., aimed at enhancing the quality of life for consumers comprehensively.