Origin Property has fully repaid bonds totaling 2.965 billion baht as planned, and is preparing to gradually transfer ownership of 3 new completed projects in Q2/2025 across 3 zones: Bangkok, Samut Prakan, and Rayong. The company has a backlog of over 4 billion baht, with an additional 7 projects set to transfer in the latter half of 2025, accumulating a backlog of over 6.6 billion baht.

Mr. Pirapong Jaroonaek, CEO of Origin Property Public Company Limited (ORI), a comprehensive real estate developer, revealed that the company has repaid bonds maturing in April 2025 in full, totaling 2.965 billion baht. The company has a strong repayment history, having planned the issuance and offering of bonds with careful consideration of the amount and maturity period. The gradual repayment aligns with project development plans and future revenue recognition. We thank all investors for their trust and will continue to drive the business towards our set growth targets.

Regarding the transfer of ownership in Q2/2025, there are 3 condominium projects completed as planned, including the Origin Plug & Play E22 Station, Origin Plug & Play Srinakarin, and The Hampton Suites Rayong, with a backlog of over 4 billion baht. In the latter half of 2025, there will be an additional 7 condominium projects set to transfer ownership, with a backlog exceeding 6.6 billion baht, in line with our project development plans to ensure new projects are completed every quarter. The company prioritizes maintaining liquidity while driving business growth according to our plans.

The company is also ready to drive the organization under the strategy “Resilience Leads To Sustainable Growth”, creating flexibility in management to adapt to changes for sustainable growth on new opportunities, aiming for long-term stability in business, society, and the environment. We will continue to pursue our business goals as planned by launching new projects (Project Launch) in both Bangkok and provincial areas, totaling 11 projects worth 20 billion baht, including 5 condominium projects from ORIGIN VERTICAL worth 12.5 billion baht and 6 single-family home projects from Britania worth 7.5 billion baht.

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

1. Residential Development Business: Developing condominiums and housing projects, with 166 projects completed (as 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 254.967 billion baht. The housing projects are managed under Britania Public Company Limited (BRI), focusing on single-family and twin houses, while high-rise condominium projects are managed under Origin Vertical Corporation Limited (ORIGIN VERTICAL).

2. Recurring Income Business: Such as hotels, serviced apartments, and retail.

3. Service Business: Including services for residents, property management, real estate buying, selling, and leasing, and real estate consulting.

And 4. Mega Trends: A new business group with long-term growth potential, such as logistics, healthcare, energy, finance, and entertainment, aimed at enhancing the quality of life for consumers comprehensively.