Origin Property has announced its financial results for the first 9 months of 2568, achieving total revenue of over 7,443 million baht. Meanwhile, the accumulated sales of houses and condominiums in the first 9 months reached 19,086 million baht, with a backlog of over 40,980 million baht. The company has been generating continuous revenue for 4 years. In Q4/68, it is set to transfer an additional 6 projects with a total project value of 7,000 million baht, having already secured a backlog of over 72% of the project value. The highlight project to watch is Origin Residences Phuket Bangtao, this year's standout project.

Mr. Pirapong Jarunek, CEO of Origin Property Public Company Limited or ORI, a comprehensive real estate developer, revealed that for the first 9 months of 2568, the company generated revenue from the transfer of ownership of residential projects (including joint ventures) totaling over 10,226 million baht. This includes 4,529 million baht from projects developed by the company itself and 5,697 million baht from joint ventures, resulting in total revenue of 7,443 million baht for the 9-month period. The sales of houses and condominiums amounted to over 19,086 million baht, with approximately 81% from condominium projects and 19% from housing projects. The sales were driven by ready-to-move projects, accounting for about 60%, while new launches and ongoing projects contributed approximately 40%. Consequently, the backlog at the end of Q3/2568 stood at 40,980 million baht, with revenue recognition expected to continue over 4 years.

The company has completed new condominium projects and is gradually transferring ownership in Q4/2568, with 6 projects including The Origin Bangkae, The Origin Phahol 57, The Origin Sukhumvit Praksa, The Origin Kathu-Patong, Origin Play Bangsaen, and Origin Place Khon Kaen Kalpaphruek, which have a total condominium backlog of over 72% of the project value. Additionally, the company is preparing to launch the new project Origin Residences Phuket Bangtao, this year's highlight project in the Origin Resort World Phuket at Bangtao Beach, just 400 meters from the beach.

In the first 9 months, 4 new projects were launched with a total project value of over 7,150 million baht. The company plans to launch 3 more projects in Q4/2568, including 1 housing project and 2 condominium projects, targeting both end-users (Real Demand) and small investors interested in condominiums for returns. The housing projects operate under the strategy of “Crafted Expansion” to meet diverse needs with “New Product… New Concept”, including The Brilliant, My Home, and Britania Home Investment, ensuring early income and investment cost-effectiveness. Furthermore, the company has partnered with Kin Origin Healthcare Center, a comprehensive healthcare and rehabilitation center, to develop the Wellness Residence concept that addresses both living and long-term health care needs in response to the Aging Society.

Origin has also achieved remarkable sales, surpassing 1,100 million baht from the 48th Home and Condo Fair at the Queen Sirikit National Convention Center. This reinforces its position as a leader in real estate governance and sustainability, receiving a 5-star rating or “Excellent” in the Corporate Governance Report of Thai Listed Companies: CGR for the year 2568, the highest level awarded by the Institute of Directors Thailand (IOD) with support from the Stock Exchange of Thailand for the sixth consecutive year.

Additionally, the group has closed a deal to sell its entire stake in Staybridge Suites Bangkok Thonglor to Tanboon Company Limited, resulting in a net cash inflow of over 500 million baht, which will be recorded as profit in Q4/2568. This aligns with the strategic plan focused on developing and enhancing the operational capabilities of the hotel business, creating value-added opportunities for the hotel sector. This strategy helps unlock the true value of hotel assets and facilitates future investment expansion, supporting sustainable growth under the long-term development plan of the group.