Bang Saen Boom! Origin Nationwide and Nomura Launch New Condo 'Origin Place Bangsaen' with Programs for Both Home Buyers and Investors, First Showroom Viewing on November 25-26 Starting at 1.89 Million
Origin Nationwide, part of Origin Property, or ORI, continues to penetrate the tourist condo market in 'Bang Saen' by partnering with Japanese real estate giant Nomura to develop the new project 'Origin Place Bangsaen'. Located just 400 meters from Burapha University, this project targets both home buyers and investors. Following the overwhelming success of previous projects in Bang Saen, which saw high demand, the new development offers eight different room types and luxurious amenities such as a saltwater swimming pool and an outdoor theatre. The first showroom viewing will take place on Saturday and Sunday, November 25-26, with prices starting at 1.89 million. Those who reserve during the event will receive an iPhone 15 with every unit.

Mr. Phumiphat Rittithada, CEO of Origin Nationwide Co., Ltd., part of Origin Property Public Company Limited (ORI), revealed that the company has established a joint venture with Nomura Real Estate (Thailand) Co., Ltd., a top-tier real estate developer from Japan, to develop a new condominium project in the important tourist area of Bang Saen. This includes the 'Origin Place Bangsaen', the only luxury condominium located on the road leading to Bang Saen beach, featuring low-rise buildings just 400 meters from Burapha University. Since early 2022, we have consistently targeted the Bang Saen market due to the strong growth trend in the real estate sector there. Additionally, Bang Saen remains a perennial favorite tourist destination for both Thais and foreigners due to its proximity to Bangkok, making it highly desirable for both personal residence and investment,” Mr. Phumiphat stated.

Mr. Krit Techasammas, Managing Director of Origin Nationwide Co., Ltd., which develops condominiums in major cities across the country, added that the company has received excellent feedback from the launch of its first three projects in Bang Saen. These include: 1. Brixton Campus Bangsaen, which sold out quickly and is set to begin transferring ownership by the end of this year; 2. Origin Play Bangsaen, the only high-rise condominium in Bang Saen and the first project in the area developed in partnership with Nomura, achieving 90% sales; and 3. The Origin Oasis Bangsaen, with prices starting at just 1.49 million, catering to both investors and workers in the Amata Nakorn Industrial Estate. With the upcoming launch of Origin Place Bangsaen, the company will have introduced four condominium projects in Bang Saen since early 2022, with a total project value exceeding 3.76 billion baht, covering various segments to meet the needs of customers from Gen Z to Y, including recent graduates and young professionals looking for their own condos, as well as investors.

Mr. Krit further stated that the 'Origin Place Bangsaen' is a luxurious low-rise condominium with 8 floors, comprising 429 units on a 2-3-80.8 rai plot, located on the road leading to the beach and just 400 meters from Burapha University. Developed under the concept of Ultimate Luxurious Lifestyle, it focuses on meeting the lifestyle needs of residents with comprehensive facilities and urban living, making it feel like a vacation home every day. The premium location on Bang Saen beach road is surrounded by lifestyle amenities, including educational institutions, shopping malls, hospitals, and famous cafés and restaurants. The project offers eight room types ranging from 24-52 square meters, with luxurious amenities such as a saltwater swimming pool, fitness center, steam room, sauna, and outdoor theatre, starting at 1.89 million baht.

For real estate investors interested in purchasing a condominium for rental purposes, the company guarantees returns, allowing interested parties to invest in the condominium and receive dividends without having to find tenants themselves. A guaranteed return of 6% for two years* will be provided, with dividends starting from the transfer of ownership for a full two years, subject to a 5% withholding tax. After the two-year contract ends, tenants can negotiate lease renewals directly with the owners. In addition to built-in furniture, the project will also provide appliances and standalone furniture.

“Bang Saen is a location close to important places and lifestyle amenities that cater to many living needs, such as Burapha University, Burapha University Hospital, Chonburi Hospital, and Samitivej Chonburi Hospital. It is also near three major industrial estates, including Amata Nakorn Industrial Estate and Pinthong Industrial Estates 1, 2, and 3, with a workforce of over 93,706 people and increasing job vacancies every year, stimulating the economy and generating substantial income. Therefore, we are confident that Origin Place Bangsaen will meet the needs of both home buyers and long-term investors,” Mr. Krit concluded.
Origin Place Bangsaen will open for reservations and first showroom viewings on Saturday and Sunday, November 25-26, at the project sales office. Reservations made during the event will receive an iPhone 15 with every unit and discounts of up to 100,000 baht. For more details and to register for reservations, visit https://bit.ly/40ovpQB or call 1498. *Terms and conditions apply as specified by the company.
Origin Nationwide Co., Ltd. is a developer of condominium projects in major cities in the provinces, starting from developments in the Eastern Economic Corridor (EEC), with various projects considered mega-projects that have received positive responses from consumers, such as the development of the Origin District Laem Chabang-Sriracha project opposite Kasetsart University Sriracha Campus in Chonburi and the Origin Smart City Rayong project, a smart city covering over 24 rai at the Nern Samli intersection in Rayong.