Origin
Origin Property Public Company Limited is a Thailand residential property developer specializing in condominiums, detached homes and hotels in and near Bangkok, sometimes in joint ventures with Nomura Real Estate Holdings, a Japanese property developer and Fulcrum Global from Hong Kong.
The company was founded in 2009 by Mr. Peerapong Jaroon-Ek and Mrs. Arada Jaroon-Ek. Origin's first condominium project was the Sense of London, launched in 2010 and completed in 2012. It was registered as a limited public company in 2014 and began trading on the Stock Exchange of Thailand in 2015. In 2016, their subsidiary Origin One Company Ltd. signed an agreement with Intercontinental Hotels Group to plan and develop Staybridge Suites hotels in Southeast Asia. In 2017, the company launched its first detached housing project, Britannia Srinakarin.
Origin's project brands include B-Loft, Kensington, KnightsBridge, Notting Hill, Park, Park Origin, Pause, Sense of London, The Cabana, Tropicana and Villa Lasalle condominiums, and Britannia detached houses. The company also owns Holiday Inn & Suites Siracha Laem Chabang, due to open in 2020.
Origin Property has won numerous industry awards, including a BCI Asia “Top 10 Developer Award 2017” given to Asian real estate developers who have influenced regional industrial development, and seven 2017 Thailand Property Awards.
Key executive staff are: Mr. Lucksananoi Punkrasamee, Chairman of the Board of Directors; Mr. Arada Jaroon-Ek, President and Executive Director; Mr. Peerapong Jaroon-Ek, Chief Executive Officer; Ms Kanokpailin Wilaikaew, Chief Financial Officer.
In 2018, Origin Property had registered capital of THB 1.629 billion. Company revenues in 2017 were THB 8.765 billion, up from THB 3.153 billion in 2016. Net 2017 profit was THB 2.02 billion, versus THB 640 million in 2016. Company assets totaled THB 22.92 billion at the end of 2017. The company launched 8 new projects worth THB 15.150 billion in 2017.
Top company shareholders are:
- Mr. Peerapong Jaroon-ek, 28.38%
- Mrs. Arada Jaroon-ek, 17.66%
- Mr. Nares Ngamapichon, 8.84%
- Peerada Capital Co, Ltd., 4.73%
- Hongkong & Shanghai Bank, 4.21%
- Peera Jaroon-ek, 4.16%
- Rada Jaroon-ek, 4.16%
Contact
Address: 345 Bhiraj Tower at BITEC, 20th floor, Sukhumvit Road, Bangkok 10260 Thailand.
- Telephone: (+66) 2030 0000 (sales) / (+66) 2399 4466 (corporate)
- Fax: (+66) 2398 9994
- E-mail: [email protected]
- Web site: www.origin.co.th
- Facebook: “Origin Property”
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