ORN has announced its business plan for 2026, launching 3 new projects valued at a total of 2.6 billion baht, targeting the "Blue Ocean" market in Koh Samui. The projects will adhere to quality standards with EDGE Green Building Certification, focusing on real demand from foreign investors, with expectations to achieve total sales of no less than 2.949 billion baht. The company aims to expand its portfolio of recurring income through international schools, community malls, and second-hand properties, while managing costs tightly. It anticipates a 20% revenue growth for the year 2026, with a target of 80% of revenue coming from core business and 20% from ancillary businesses by 2028.

Mr. Boonlert Buranupakorn, CEO of Orn Sirin Holding Public Company Limited (ORN), stated that the company's operational direction for 2026 is confident in its ability to achieve continuous growth despite the overall economic slowdown. This confidence is supported by a focus on developing high-quality projects across various segments in economically expanding areas such as Chiang Mai and Phuket, which have demand from both Thai customers seeking real housing and foreigners looking for vacation homes or investment opportunities.

Additionally, this year, the company will begin to gradually recognize income from its ancillary businesses, including international schools, community malls, and second-hand properties, which will help create a stable recurring income base and reduce reliance on the real estate sector alone. The company is also continuously seeking investment opportunities in high-potential businesses to strengthen its income sources, alongside strict cash flow management and cost control to maintain profitability. The revenue growth target for this year is approximately 20%, with a goal of achieving 80% of revenue from core business and 20% from ancillary businesses by 2028.

“In 2025, despite the overall real estate market facing challenges from declining purchasing power, especially in the mid-to-high-end condominium segment, and a slowdown in housing demand in some areas due to household debt and strict lending policies, ORN managed to achieve outstanding performance, particularly with the success of Arise Vibe Phuket, which recorded historic pre-sales. This proves that the Orn Sirin brand is trusted as a real estate developer that delivers quality projects that meet all customer needs comprehensively,”

Mr. Akkadech Udomsiri Thamrong, Deputy CEO of Orn Sirin Holding Public Company Limited (ORN), stated that the real estate market in Chiang Mai in 2026 is showing positive trends, despite the overall market still facing a slowdown. This is supported by the growth of the tourism sector, the push for Chiang Mai to become a Digital Hub, and ongoing government infrastructure investments.

ORN focuses on adjusting its strategy to align with the needs of real demand from both Thai and foreign customers looking to buy for actual living and investment purposes, by developing projects in high-potential locations such as near educational institutions, hospitals, shopping areas, community malls, and business districts. The company also systematically manages risks, avoiding the rush to launch projects that could lead to high unsold inventory, while opening projects in phases according to actual demand, and managing construction costs tightly.

Moreover, the company emphasizes implementing ESG policies in all project development processes, enhancing the quality of life for residents, creating a strong financial stability, and boosting confidence among customers and investors. This is reflected in the company being honored as the first EDGE Champion in the northern real estate sector and receiving EDGE Certifications for the Habitat Mahidol and The Next Jed Yod 2 – 3 projects, with a goal to increase the proportion of new projects that meet green building standards (EDGE Certified) to at least 80% of all new projects by 2027, reinforcing its leadership in sustainable housing with international standards.

Additionally, the company is moving forward to expand its portfolio of ancillary businesses, increasing the proportion of recurring income from the Mill Hill International School Thailand, which currently has 100 students in the Kindergarten to Year 6 levels and is set to accept new students for the upcoming academic year, expecting to increase the number of students to 200 in 2026. The school plans to open Phase 2 to accommodate students in Year 7-9, aiming to accept students up to Year 10 by 2027.

Mr. Pridikorn Buranupakorn, CEO of Orn Sirin Holding Public Company Limited (ORN), revealed that the company plans to launch a total of 3 new projects valued at approximately 2.6 billion baht, including a low-rise condominium project worth 770 million baht in Koh Samui, which remains a Blue Ocean with ongoing demand from global investors. The company has already invested in land acquisition and expects to start construction by the end of 2026. Additionally, there are two horizontal projects in Chiang Mai: the HABITAT Mahidol project and the BELIVE project in San Kamphaeng, with a total value of 1.862 billion baht, aiming for total sales of no less than 2.949 billion baht, along with a budget of 245 million baht for land acquisition to support future project development.

Currently, the second-hand property business has already secured deposits and purchases for 10 units, with 85% being houses and 15% being condominiums, which are undergoing renovations. Revenue recognition is expected to begin in the second quarter of 2026. The community mall business, THE BACKYARD, has 28 rental shops with a rental area of 3,041 square meters, with approximately 82% occupancy, and is set to officially open in February, starting to recognize revenue from the first quarter of 2026 onwards.