Origin reveals real estate in Q1/23, expanding well, condominiums targeting new generations, “Origin Play” and “Origin Plug and Play”, which received excellent feedback. Driving sales in the first quarter to reach 12,000 million baht, growing by more than 47%, clarifying in Q2/2023, prepares to launch 11 new projects worth 12,520 million, distributed across the country according to Origin Infinity plan.
Mr. Peerapong Jaroon-ek, Chief Executive Officer of Origin Property Public Company Limited or ORI said In Q1/2023, the company was able to generate total sales of 12,004 million baht, a 47% increase from the same period last year, of which 79% were from condominium projects and from housing estates under Britannia Public Company Limited or BRI, another 21% affiliated company, said sales Divided into sales from the group of ready-to-move-in projects, about 49%, and sales from the group of projects that have just opened for sale. and is in the process of construction, about 51%
For brands that received excellent response from consumers in the quarter. are Origin Play condominiums and Origin Plug & Play brands. Condo brands targeting the new generation market, such as Origin Play Bangkhunnon, Triple Station, Origin Plug & Play Nonthaburi Station, Origin Plug & Play Ramintra, because it has been received. Accepted by both outstanding functions and design that understands Gen Y and Gen Z consumers.
At the same time, the housing brand Grand Britania is a brand that has been continuously accepted by consumers, causing the Grand Britania Bangna Km. 12 project to be sold out, as well as Grand Britania Ratchaphruek-Rama 5 and Grand Britania Outer Ring Road Ramindra projects that have received good results. get good continuously
Mr. Peerapong said The real estate market situation in the 2nd quarter of 2023 is still likely to receive good feedback from consumers continuously. Notice from the overall sales of real estate developers at the house and condo exposition held in late March, during the second quarter of 2023, the company therefore prepares to launch 11 new projects worth The total projects are 12,520 million baht, divided into 8 condominium projects with a total project value of 8,720 million baht, 3 housing estate projects with a total project value of 3,800 million baht.
“We will continue to spread to various areas across the country according to the Origin Infinity plan or the endless growth plan announced at the beginning of the year, with 11 projects in the second quarter of 2023 that will spread to 5 projects outside of Bangkok and its vicinity. Both in Chonburi, Phuket, Phra Nakhon Si Ayutthaya and Khon Kaen, the total project value is over 5,080 million baht.”