Origin Property Public Company Limited, or ORI, reported sales for the first nine months of 2026, covering houses and condominiums, totaling 15,735 million baht. Condominium projects accounted for approximately 85% of sales, while housing developments accounted for approximately 15%. By project status, ready-to-move-in projects contributed about 75% and projects under construction about 25%. Chief Executive Officer Peerapong Jaroon-ek disclosed that the backlog awaiting revenue recognition as of the end of the second quarter of 2026 stood at 33,182 million baht, which will be gradually recognized from 2026 through 2029. In the fourth quarter of 2026, the company will complete one new condominium project and begin transferring ownership units, namely SO Origin Bangtao Beach, which already has condominium backlog of more than 70% of the project value. The company is also preparing a major special year-end campaign, both project-specific campaigns and a campaign at the 50th House and Condo Expo, to be held from 29 October to 1 November 2026 at Queen Sirikit National Convention Center, to stimulate purchasing power and revenue in line with targets. ORI has structured its business as a holding company covering five main business groups: condominium real estate development for sale under ORIGIN VERTICAL, housing development for sale under BRI, the services business under PRI, the Hospitality and Tourism and Service business under ORIGIN HOTEL, and the Logistics and Warehouse business under ALPHA.
Origin Property PCLORI reported 15.7bn baht of first-9-month 2026 sales and a 33.2bn baht backlog, with a new condo project transferring in Q4 and a year-end sales campaign to stimulate purchases.
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