"Origin" collaborates with Nomura to launch the luxury condominium "Park Origin Thonglor," with a project value exceeding 12 billion baht in the heart of a leading lifestyle area, aiming to meet the lifestyle needs of both Thai residents and foreign investors. The project boasts nearly 60 amenities and hotel-level services within a residential setting, with pre-sales set to begin this November.

          Mr. Pirapong Jaroonaek, CEO of Origin Property Public Company Limited (ORI), the developer of the Park Origin brand, revealed that the company aims to develop projects that meet the highest lifestyle standards in the prime lifestyle area of "Thonglor" in a joint venture with Nomura Real Estate Development Co., Ltd., a leading real estate developer from Japan. The project, named "Park Origin Thonglor", consists of three luxury buildings with 1,182 units and a project value of over 12 billion baht.

          "Although there is a continuous supply of new developments in the Thonglor area, the potential of Thonglor, known as a leading lifestyle hub with a concentration of urban living amenities such as restaurants, shopping centers, and a transportation system that connects to everywhere, makes it a highly desirable location for both living and future investment. This demand is evident among both Thai and foreign residents. The Park Origin Thonglor project will cater to a unique and exceptional lifestyle, delivering the best in various aspects of living that perfectly meet consumer needs," he stated.

          Furthermore, with land prices in Thonglor expected to continue rising and the diminishing supply of land available for development, Thonglor is increasingly attracting foreign investors who see opportunities for valuable returns in the future. This reinforces confidence that the Park Origin Thonglor project will receive a positive response from both Thai consumers and foreign investors.

          Mr. Pirapong added that one of the highlights of the Park Origin Thonglor project is the introduction of hotel-level services available 24/7, facilitated through training and collaboration with the InterContinental Hotels Group. The group will provide service training for staff from Wan Phayathai Co., Ltd., a subsidiary of Origin Property Public Company Limited, stationed at Hotel Indigo Phayathai, managed by InterContinental. The trained staff will then teach four service groups at the Park Origin Thonglor project: 1. Guest Relations, 2. Concierge, 3. Housekeeping, and 4. Engineering, ensuring residents enjoy a superior level of comfort akin to staying in a five-star hotel.

          "In addition to hotel-level services, the project also offers exclusive privileges to residents with nearly 60 amenities in the common areas. The three buildings are designed to connect with each other and vary in height, with the tallest building reaching 59 stories, making the project a standout flagship and landmark in the Thonglor area," Mr. Pirapong stated.

          Meanwhile, Mr. Masaomi Katayama from Nomura Real Estate Development Co., Ltd. disclosed that the company decided to invest in this new project with Origin due to recognizing the opportunities and potential of the Thonglor location. Thonglor has a long-standing history and is known as the Japanese Town of Thailand, especially for Japanese expatriates working in Thailand who still seek residences in this area. The company will collaborate with Origin in terms of funding and expertise to develop the project to best meet consumer demands.

          "From our joint venture projects with Origin in 2017, which included three projects, we received positive feedback with an average sales rate of over 90%. This gives us even more confidence in the potential of the location and the capabilities of our partner, Origin Property," Mr. Masaomi stated.

          Ms. Wasana Lertphongsohporn, Senior Director of Marketing and Sales at Origin Property Public Company Limited, revealed that the project emphasizes tranquility in private areas and amenities in common areas that cater to relaxation needs. This includes the Aqua Lounge, the first of its kind in Thonglor, and the seamless connection of common areas across the three buildings, designed to create a complete living experience throughout the day, featuring amenities like the Crystal Box, Pool Bar, Outdoor Onsen, and Ice Room.

          The Park Origin Thonglor project, valued at over 12 billion baht, is located on approximately 5 rai and 3 ngan in the heart of Soi Thonglor 10 (the former Arena 10 site). It consists of three high-rise buildings: one with 39 stories, one with 53 stories, and one with 59 stories, totaling 1,182 units. The units range from 1 to 3 bedrooms (penthouse) with sizes from 30 to 97 square meters. Pre-sales will begin in November, with construction expected to start in Q2 2019 and completion anticipated in Q4 2024. Interested parties can find more details at www.parkorigin.co.th or call 020 300 000.

Thank you for the information from www.parkorigin.co.th