Origin Property announces to appoint the property heavyweight “Knightsbridge Partners”, whose network comprises over 400 agencies throughout Asia and Europe, as its Master Agent to shake things up and create a phenomenon in the real estate industry. It is the first time to offer the full-scale mixed-use “Origin Thonglor World”, which include condominiums, offices and retail stores to foreign market. Origin Place IP Program Bangna, the investment property project, has also been offered with a guaranteed yield rate at 5% per annum for the first three years and the 10+10 years of leasing management.
Mr. Siripong Srisawangwong, Chief Executive Officer of Park Luxury Company Limited, a luxury property developer under the Origin Property’s umbrella, said that after Thailand officially opened its borders, not only the investment and tourism sectors have been revived but the purchasing demand of housing and investment property has also increased. Correspondingly, Origin has partnered up with Knightsbridge Partners, a worldwide property master agency, to help boost the sales among foreign buyers as Master Agent of Origin Thonglor World and Origin Place IP Program Bangna.
“Knightsbridge Partners is a world-renowned property agency, which will spearhead our sales in overseas markets. Their massive network of more than 400 agencies will make the Origin brand better known among agents around the globe. We need a highly knowledgeable agent who not only understands how to communicate with foreign investors but also knows what they need. Knightsbridge Partners has also been in the property business for a very long time, and we have worked together in more than 12 projects. They tick all the boxes in our sales and strategic planning to promote Thailand’s real estates to be known worldwide, said Mr. Siripong.
Origin Thonglor World and Origin Place IP Program Bangna are two very distinct properties. Origin Thonglor World is a mixed-use mega project worth 14 billion baht situated in the heart of Sukhumvit 55 Road (Thonglor Soi 10). The property consists of condominiums, offices and retail stores which will be sold as freehold estate to international investors for the first time. They are able to run start-up offices or restaurants within the property. Prices start at 26 million baht for condominium, 23.5 million baht for offices and 50 million baht for retail stores, respectively.
Origin Place IP Program Bangna is a project with a 10-year return on investment. Owners are guaranteed a 5% per annum yield for the first three years. Leasing management will be run by HHR (Hampton Hotel and Residence Management) for the first 10 years and the contract can be extended for additional 10 years. With HHR’s five-star hotel quality management, property owners can rest assured that their long-term investment will be paid off. Price starts at only 3.2 million baht.
Mr. Kingston Lai, Chief Executive Officer of Knightsbridge Partners, said that he is delighted to be part of this historic moment in Thailand’s property industry as Master Agent of such mega projects Origin Thonglor World and Origin Place IP Program Bangna. With their unique sales concepts, Knightsbridge is confident that both properties will garner great feedback from its extensive network of agencies across Asia as well as across European countries that will help with sales support. Furthermore, Knightsbridge Partners also plans to expand more cooperation with even more agencies worldwide to continually sell Origin’s other properties to foreign investors.
“The continued cooperation shows that our company is confident in Origin Property and its subsidiaries due to their business expansion plan. Not only condominiums, but there are also detached houses, mixed-use developments as well as other types of investment property starting from 2 million to 40 million baht. In addition, Origin also has a subsidiary that specially takes charge of after sales service to ensure their customers that everything will come full circle from the beginning to the end,” said Mr. Kingston Lai.
Origin Thonglor World is located on the 6-rai land in the heart of Thonglor area. It comprises 3 buildings containing 669 units for accommodations, 110 units for offices, and 29 units for retail as well as the Hotel Serviced Residence under the brand of Grand Hampton Thonglor. It allocates over 2 rai of land for Thonglor Central Park, a big lush area to produce oxygen for its residents. It also builds the sky park to let them enjoy the nature privately. It is convenient to travel from its location to other areas in Bangkok, particularly “Asoke-Prompong-Thonglor-Ekamai”, by the skytrain and the planned monorail line.
Origin Place IP Program Bangna, containing 399 units, is a part of the ORIGIN SMART COMPLEX BANGNA mixed-use project covering the 8 rai of land. The location is on Bangna-Trat road, only 100 meters away from the Interchange Station with the MRT Yellow and Blue Lines.
Park Luxury Company Limited, a luxury property developer under the Origin Property’s umbrella, has developed 20 projects worth 71.33 billion baht in total under several brands, which are 1. PARK ORIGIN for luxury condominiums in CBD area 2. KnightsBridge for high-end condominiums 3. Soho Bangkok for high-end condominiums which provide small offices and home offices function and 4. Hampton for Investment Property.