Thailand's real estate market is showing remarkable resilience, particularly as Origin Vertical launches its latest condominium venture, SO Origin Sukhumvit 105. The newly developed project has made headlines after achieving extraordinary sales figures of 1.5 billion baht (£38 million) just two days after its VVIP launch on February 8-9, 2025.
The project, strategically located only 200 meters from the BTS Bearing station, symbolizes the growing confidence of both local and international investors. According to Apisit Sunthornchotkiet, Chief Executive Officer of Origin Vertical Corporation, the response from customers was nothing short of overwhelming. He noted, "The response from both Thai and international customers was overwhelming, displaying their confidence in the brand and location."
SO Origin Sukhumvit 105 presents itself as more than just housing—it’s about enhancing urban lifestyles. Designed with the modern consumer's needs in mind, the condominium consists of two eight-story buildings with 913 units ranging from 1-bedroom smart kitchens to 2-bedroom apartments. Prices start at approximately 2.81 million baht (£70,000) with various amenities planned, including fitness facilities, co-working spaces, and rooftop gardens.
According to Sunthornchotkiet, the project's focus on quality and location is integral to its appeal. He said, "This project is the closest to the BTS station, enhancing convenience for urban living." Prospective owners can also look forward to being nearby key business centers, international schools, and shopping malls, making it ideal for families and working professionals alike.
The architectural concept has been dubbed “Modern Classic Timeless Design,” aimed at merging art with functionality to cater to the sophisticated lifestyles of Gen Y and Gen X demographics. The brand success can also be traced to previous endeavors like SO Origin Kaset Interchange and SO Origin Siriraj, which sold out during pre-sales and within six months, respectively.
This triumphant launch not only reflects Origin Vertical's stronghold on the luxury condo market but also signals brighter prospects for Thailand's real estate sector as it recovers from economic challenges. The burgeoning interest from foreign buyers highlights the continued demand and belief in the country’s growth potential.
Real estate analysts are optimistic about the luxury condo market, citing strong demand for well-located properties. The surge of interest is indicative of broader market trends, as many individuals reevaluate urban living spaces post-pandemic. The success of SO Origin Sukhumvit 105 can be seen as part of this larger narrative, where urban property investments are once again gaining traction.
The future seems bright for Thailand's real estate sector, particularly as new developments continue to attract both local and international investors. Industry experts anticipate the rising trend of premium housing will not only contribute significantly to Thailand's economic recovery but will possibly make the country a key player on the international real estate stage.
With projects like SO Origin Sukhumvit 105 leading the way, the optimism surrounding Thailand's real estate market is sure to be discussed among investors and analysts alike for years to come. The unique blend of strategic location, upscale amenities, and strong demand signifies how resilience and opportunity can coexist, driving the market forward.