The Empire of Origin by Origin Property
The Empire of Origin was launched at a press conference in the Intercontinental Hotel, Bangkok, with a projected spend of Bt70bn over 14 luxury projects and three locations in the capital – Phrom Phong, Thonglor and Phayathai.
One highlight of the projects is the Mix Complex which will comprise 80 hotel rooms, 305 serviced apartments, office space of 3,920 sqm and retail space of 3,400 sqm.
Origin’s chief executive Peerapong Jaroon-ek said PromPhong, Thonglor and Phayathai are in strong demand from both Thais and foreigners, as the areas have an occupancy rate of more than 90% .
“We want to make downtown Bangkok ‘trendy’ along the lines of cities such as New York and Tokyo.”
“Our team Pitipong Trainurak and Suparak Janpitak are extremely professional. We have been here for a very long time so we know what this city needs. “
“In the past we have worked with Nomura Real Estate Development Co Ltd from Japan. They have 400,000 customer and have been in this business for more than 60 years.”
The date before the launch Origin reported a nine-month net profit of Bt966.7m up 202% compared with the same period last year. ORI (Origin) shares closed yesterday on the Stock Exchange of Thailand at Bt21.30, unchanged, in trade worth Bt52.5m.
Mr Peerapong also added:
“In the future we are planning to have more projects outside Bangkok. We expect our sales to keep improving. Our recent home and townhome project Britannia – Srinakarin sold out the first phase in only two months.
“Our goals are to working on concept with great locations that will attract buyers and always giving first class customer service.”
By Vanida Lou