Tuesday, 05 July 2022, 12:16 p.m.
“Origin” shows first half sales of 17.7 billion baht, reaching 51% of the full-year target.
“Origin Property” shows success in the first half of the year Sweeping house-condo sales 17,772 million baht, surpassing 51% of the target for the whole year after Q2/22, making an excellent result of more than 9,623 million baht, highlighting the outstanding project “Brixton Campus Bangsaen”, attracting Niche market, sweeping sold out sales “Origin Plug and Play, Nonthaburi Station” and “So Origin Kaset Interchange” attract Gen Y and high-end consumers. Sweeping sales through 70-90%, reiterating the key success in consumer understanding both in terms of product developmentNew market, launching campaigns “Multiverse of Sales” and “Pro Rang Kern Pui Mui” to create colors continuously Confident in the second half of the year, the market is still strongfrom many positive factors Prepare to open 20 more condo-house projects with a total project value of 26.5 billion baht, boosting sales of 35 billion baht, setting an All Time High record as targeted
Mr. Peerapong Jaroon-ek, Chief Executive Officer of Origin Property Public Company Limited or ORI, a real estate developerIt was revealed that during the first half of the year 2022 (Jan.-June 2022), the Company had accumulated sales from projects thatA total of 17,772 million baht were housed in the group, an increase of more than 13% from the same period of 2021 and accounted for 51% of the full-year target of 35 billion baht.
from such sales Divided into sales from the group73% of condominium projects, 27% of housing projects, if divided by project status. There is a proportion of sales from the project(Ready to move) 61% and from the recently opened project groupfor sale or is in the process ofConstruction (On-going) approximately 39%. If counting only the sales in the second quarter of 2022 (April-June 2022), the company can generate high sales.amounting to more than 9,623 million baht, which is the new All Time High of the company.
However, new projects that can becontinually generating sales, including condominium projects that penetrate the consumer marketConsumption of Gen Y Origin Plug and Play Sirindhorn Station (Origin Plug & Play Sirindhorn Station) and Origin Plug and Play Nonthaburi Station (Origin Plug & Play Nonthaburi Station) had the highest Over 70% cumulative sales and condominium projectsFocusing on the high-end consumer market, So Origin Kaset Interchange has accumulated sales of more than 90%.Niche consumers in the Eastern Special Development Zone (EEC) such as Brixton Campus Bangsaen were able to sell out quickly in a month. , Brixton and Zo Origin will be a new brand that has just been launched.in the last year and this year but we still have itcontinually trusted by consumersbecause we do our homework very hardCustomer Insight Adapt quickly, adapt quickly, and develop each project toMeet the demands of the prevailing marketNew, including making a Duo Space room with a ceiling height of 4.2 meters, adding a sense of grandeur Extensive in life The launch of a pet-friendly condominiumanimals in a variety of locations until the campaign to create colorsand stimulate the market such as “Multiverse of Sales” and “Pro Rang Kern Pui Mui” at Siam Paragon Increase accessibility to condominiumsQuality at an affordable price to consumers,” said Mr. Peerapong.
Mr. Peerapong also said that during the second half of the year 2022, the company is still watching.Follow a variety of issues that are important tolifestyles of people, economic conditions, and real estate market situationscontinuously, such as the epidemic and severity of COVID-19, Omicron strains BA.4 and BA.5, inflation situation. Adjustment of interest ratesHowever, the Company believes that the whole sectorand related private sectors Still moving forward in earnestto cope with all factorswhile the purchasing power of the operatorConsumers in many segments also have a trend.Continually growing observed from the absorption rateof projects in many locations that still has a good trend
The company is ready to move forwardMore housing projectsIn the second half of the year, another 20 projects with a total project value of more than 26.5 billion baht as planned, divided into 10 condominium projects with a project value of approximately 15.6 billion baht, distributed in the Gen Z condo market, Gen Y, high-end to the super market. luxury and a group of 10 housing projects with a project value of approximately 10,900 million baht, which is considered a strong invasion in theHigh season band after the first half of the year openedNew to only 2 projects
from monitoring the situationadapt to all external factors and readiness to penetrate the marketcontinually, the company is confident that will be able to generate sales of more than 35 billion baht and set a record All Time High as the target set
Origin Property Public Company Limited or ORI has a variety of business structures, consisting of:Residential Development Business Develops condominiums and housesSelected 101 projects (as of the end of Q1/2019), such as brands PARK ORIGIN, The Origin, Origin Plug & Play. ), KnightsBridge (KnightsBridge), Notting Hill (Notting Hill), Kensington, Hampton (Hampton), Brixton (Brixton) and Britannia (BRITANIA) included. Project value over 154,100 million baht. 2. Business that generates regular income (Recurring Income Business), such as hotels, serviced apartments, retail. 3. Service business (Service Business), such as real estate management business. Agent business for buying, selling, renting real estate Real estate consulting businessand 4. Mega Trends business, a new business group that has a tendency to growlong-term growth, such as logistics business Health care business Asset Management energy business, etc., to enhance the quality of lifeone-stop consumer