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Swiss-Belhotel International and CTG Hotel, China’s Largest Tourism Enterprise Sign an Alliance

Swiss-Belhotel International and CTG Hotel, China’s Largest Tourism Enterprise Sign an Alliance

JAKARTA, INDONESIA – Media OutReach – 18 July 2023 – Swiss-Belhotel International, the rapidly expanding global hotel management group, has signed a memorandum of understanding (MOU) with CTG Hotel, part of the largest tourism enterprise in China – China Travel Group. The partnership is set to significantly boost the Swiss-Belhotel International’s portfolio.

Making the announcement Mr. Gavin M. Faull, Chairman and President of Swiss-Belhotel International, said, “The MOU with CTG Hotel will serve as a gateway for rapid growth for us in China and other international markets. The strength of the robust Swiss-Belhotel International brand, owned and nurtured by our International Group for over two decades, coupled with CTG Hotel’s vast resources and sterling reputation, will act as a catalyst for continued expansion.”

CTG Hotel, with its impressive portfolio of over 200 owned or managed properties, and parent company China Travel Group, wielding assets to the tune of RMB120.4 billion (US$16.9 billion) and providing services for over 60 million tourists annually, creates a formidable platform for Swiss-Belhotel International to amplify its presence globally.

Mr. Faull revealed, “CTG, attracted by the strength and credibility of the Swiss-Belhotel International brand, has been engaged in talks with us for nearly two years. We foresee this partnership to evolve and strengthen in the coming years, propelled by the ongoing resurgence of the travel industry.”

The strategic collaboration, imbued with a profound international perspective, aims to foster mutual trust and benefits between the two companies, exploring dual branding business cooperation and diversified business development both in China market and international markets.

Leveraging on CTG’s well-established track record of successful collaborations with other leading international hotel groups such as IHG, Marriott, Hilton, and Wyndham, this alliance represents a pivotal opportunity for Swiss-Belhotel International to accelerate its global expansion. The partnership will also furnish Swiss-Belhotel International with deep insights into the burgeoning Chinese market and potential collaborative opportunities with other China Travel Group entities, including China Travel Service.

Established in Hong Kong in 1987, Swiss-Belhotel International has grown to manage 125 hotels and projects under 16 brands across 19 countries, with regional management hubs. Currently, it manages 15,000 rooms, with an additional 20,000 in the pipeline.
Hashtag: #SwissBelhotel #SwissBelhotelinternational #CTGhotel #hospitality




The issuer is solely responsible for the content of this announcement.

Swiss-Belhotel International

Swiss-Belhotel International is currently in 19 countries, managing a portfolio of more than 125* hotels, resorts, and projects.

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This content was prepared by Media OutReach. The opinions expressed in this article are the author’s own and do not reflect the view of Siam News.

JTC adopts WhatsApp "catbot" to guide visitors around Seletar Aerospace Park

JTC adopts WhatsApp "catbot" to guide visitors around Seletar Aerospace Park

Void Deck Cat, a chatbot built by local startup Hidden Singapore, brings players on a free immersive trail around the scenic estate

SINGAPORE – Media OutReach – 18 July 2023 – Come down to Seletar Aerospace Park from 22 July onwards and you will be greeted by Void Deck Cat, an enigmatic cat who communicates with humans over WhatsApp. The “catbot”, built by local startup Hidden Singapore, will bring you and your companions on an immersive trail around the scenic estate where you will solve puzzles as a team, uncover hidden gems, learn secret histories, and redeem surprise gifts from local F&B businesses along the way.

Teams in action playing the Seletar Aerospace Park Trail
Teams in action playing the Seletar Aerospace Park Trail

The Seletar Aerospace Park Game is a partnership between JTC, the owners of Seletar Aerospace Park, young local startup Hidden Singapore, in collaboration with businesses located within the sprawling estate. The game can be played between 9am and 7pm every day, and is estimated to take between 1 to 2 hours with scheduled breaks in between. You can sign up in person by scanning a QR code on one of the cat standees around Seletar Aerospace Park, or online at www.hidden.sg/seletar/signup.

A soft launch of the trail on 24 June attracted over 160 teams from all over Singapore. Participant Laura Lau, 27, said: “We had a lot of fun exploring the area, solving clues, and left the park knowing so much more about Seletar Aerospace Park! We will definitely come back to the area again.” Regina, a university student who also took part, said: “I signed up with my family members, and I’m glad that I did because this was a pretty fun and memorable outing with them.”

“JTC is excited to collaborate with local startups like Hidden Singapore to leverage technology and adopt this innovative approach to engage with the community. With the launch of the “Catbot”, we hope to attract friends and families to explore the hidden gems within our estate and enhance community awareness on the range of offerings within Seletar Aerospace Park – from history to nature and dining options,” said Ms Eai-Sy Yap, Director of New Estates Business Development and Marketing Division, JTC.

Void Deck Cat is the brainchild of Lim Yee Hung, 37, co-founder of Hidden Singapore. “Not many people know this, but Void Deck Cat is real: I see her every night in my HDB void deck, and she talks to me through her eyes. All I’ve done is translate it for WhatsApp.”

Hashtag: #hiddensingapore #jtc #startups #chatbots #whatsapp #technology #ai


The issuer is solely responsible for the content of this announcement.

Hidden Singapore

Hidden Singapore was founded in 2021 by two ex-classmates, with the mission of making Singapore a happier place by telling its hidden stories. Their “catbot”, Void Deck Cat, turns ordinary places in Singapore into immersive multiplayer games that allow people to build genuine connections with each other and with the place itself.

Void Deck Cat’s previous achievements include guiding over 4,000 players in one day during the launch of the Thomson-East Coast Line TEL3 launch, in partnership with the Land Transport Authority.

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This content was prepared by Media OutReach. The opinions expressed in this article are the author’s own and do not reflect the view of Siam News.

SET jumps over 1500 as US inflation cools down

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Thailand Business News

Asian markets continued to rise for a fifth consecutive day as US inflation cooled, leading to speculation that the Federal Reserve might pause interest rate increases.

Despite ongoing political uncertainty, Thai shares also rallied. The SET Index fluctuated between 1,482.21 and 1,519.08 points this week, ultimately finishing at 1,517.92 points yesterday. This represented a 1.84% increase from the previous week, with an average daily trade value of 41.95 billion baht.

Not only did Asian markets experience optimism, but European markets also saw gains. Investors are closely watching US inflation data, which has the potential to impact central bank decisions and global market trends.

Although the situation in Thailand remains uncertain due to political developments, Thai shares managed to rally, reflecting a positive sentiment among investors. The SET Index experienced various fluctuations throughout the week but ultimately closed higher than the previous week.

There is also growing concern about El Niño’s impact on Thai rice exports, leading to predictions of a 17% increase in exports this year.

Despite these challenges, the Asian markets continue to exhibit positive momentum.

SET jumps over 1500 as US inflation cools down

OPPO Technologies Empower Global Fans to Immerse Themselves in the Excitement of Sports

OPPO Technologies Empower Global Fans to Immerse Themselves in the Excitement of Sports

LONDON, UK – Media OutReach – 17 July 2023 – It’s only July and sports fans around the world can already count themselves lucky after enjoying an incredible start to the summer sports season. From the finale of the UEFA Champions League to the instant the last shot hit the grass inside Wimbledon’s Centre Court, every exciting moment has been full of inspiration powered by the strength, optimism, and greatness of the people who made them possible.

As a company that constantly focused on finding the ‘Inspiration Ahead’, OPPO has been closely involved with the world of sport for almost a decade. Starting from its first sporting partnership in 2015, the company has gone on to support the top tiers of tennis through its partnerships with Roland-Garros and Wimbledon, as well as its partnership with the UEFA Champions League. Through these tie-ins with prestige international sporting events, OPPO continues to empower global audiences to further immerse themselves in the excitement and inspiration of sports using its technology and innovation.

With its ‘Inspiration Ahead’ proposition, OPPO champions a belief in overcoming challenges and adversity with determination and positivity — two traits which lie at the heart of every athlete’s ambitions. Through this belief, OPPO hopes to bring more passion and inspiration to sports with its world-leading smart devices and technologies while empowering global fans to better capture, enjoy, and share moments from their favourite sports.

Unparalleled experiences for tennis fans powered by OPPO imaging technologies

This year marks the fifth consecutive year of OPPO’s partnerships with Wimbledon and Roland-Garros — partnerships that have brought to life the powerful connection between technology and tennis.

Throughout the partnerships, OPPO has continued to use its professional imaging technologies to capture inspiring moments from the tournaments and bring them to tennis fans worldwide. In 2021, to celebrate its third year as a premium partner of Roland-Garros, OPPO launched the ‘Play with Heart’ campaign to encourage fans to share their passion for tennis on social media. As part of the campaign, OPPO created the ‘Wall of Heart’, a series of refurbished tennis walls in Paris and London designed to inspire fans to take up tennis.

During Roland-Garros 2022, OPPO made creative use of the low-light photography capabilities of the flagship OPPO Find X5 Pro to capture light paintings showing support for players shared by fans around the world, helping to connect fans with the inspiration on the clay court.

In partnership with The Championships, Wimbledon, OPPO also created a set of activations worldwide to empower fans to better experience and share special moments throughout the tournament. Together with Getty Images, OPPO launched the ‘Courting the Colour’ campaign during Wimbledon 2021 to restore the colour of old iconic photographs from the competition and retell the stories behind them, bringing the most beautiful and poignant moments of the tournament to life in a way never seen before.

Beyond that, OPPO has also partnered with The All England Lawn Tennis Club for the OPPO Breakthrough Inspiration Award since 2019, recognizing young players who have made breakthroughs at Wimbledon and further encouraging them to reach new heights in their careers.

Immerse yourself in the excitement of Wimbledon 2023 with OPPO

OPPO’s commitment to giving fans unparalleled access to their favourite sporting events continued at this year’s Wimbledon. To celebrate its fifth consecutive year as the Official Smartphone Partner of the event, OPPO once again brought its flagship smartphones to Centre Court to capture inspirational moments and share them to tennis fans around the world.

At this year’s event, the flagship OPPO Find N2 Flip served up an ace by helping fans create and share stories with other tennis fans around the world. Using the Find N2 Flip’s FlexForm Mode, fans could capture the action on Centre Court in stunningly clear 4K by holding the Find N2 Flip like an old-school camcorder for more stable shooting and easy panning. With the support of the phone’s large vertical cover screen, fans could also record themselves and their friends in the mid-rally excitement using cover screen image previews and handsfree gestures to take ultra-clear selfies with minimal effort.

With so much action to capture at Wimbledon, OPPO Find N2 Flip users also benefitted from the phone’s massive 4,300mAh battery and 44W SUPERVOOC flash charge, the latter of which can charge the phone from nearly empty to 50% in just 23 minutes. With the Find N2 Flip as their trusted companion, the non-stop excitement of Wimbledon 2023 became more than just a memory, but a collection of unforgettable moments to be shared with friends and family for years to come.

By capturing the energy of the game and enhancing fan access through ground-breaking technology, OPPO is inspiring and engaging consumers through sports and bringing unique experiences to fans across the globe.

Looking forward, OPPO will continue to evolve its mobile photography to create the best possible smartphone experiences that empower fans to better immerse themselves in the excitement of world-class sports events.

Hashtag: #OPPO

The issuer is solely responsible for the content of this announcement.

About OPPO

OPPO is a leading global smart device brand. Since the launch of its first mobile phone – “Smiley Face” – in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find X and Reno series. Beyond devices, OPPO also provides its users with ColorOS operating system and internet services such as OPPO Cloud and OPPO+. OPPO has footprints in more than 60 countries and regions, with more than 40,000 employees dedicated to creating a better life for customers around the world.

About Wimbledon

The Championships, Wimbledon, is the oldest of the four tennis Grand Slams and the only one played on grass. Managed by The All England Lawn Tennis Club and staged on the Club’s Grounds, Wimbledon has evolved from its origins as a private members’ croquet club in 1868, to one of the world’s biggest annual sporting events and one of the most well-respected brands in sport. Visit and follow us @wimbledon on all major social media platforms.

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This content was prepared by Media OutReach. The opinions expressed in this article are the author’s own and do not reflect the view of Siam News.

Klaytnovators Hackathon: The first Vietnam-edition coding contest to unleash creativity

Klaytnovators Hackathon: The first Vietnam-edition coding contest to unleash creativity

With a prize pool of up to 300,000,000 VND, Klaytnovators Hackathon offers an opportunity for talented young individuals passionate about technology to break through with their unique and innovative blockchain ideas. Klaytn’s first Hackathon in Vietnam promises to be one of the most anticipated competitions in 2023.

HANOI, VIETNAM – Media OutReach – 17 July 2023 – On July 3, 2023, the Klaytnovators Hackathon, a leading Blockchain application development competition, officially kicked off with the participation of talented developers willing to elevate Blockchain technology to new heights. This is an excellent opportunity to explore and create groundbreaking decentralized applications in the Web3 Gaming & Metaverse field, as well as handling Real-World Assets.

All about Klaytnovators Hackathon

Overview

Klaynovators Hackathon is the first competition of Klaytn Foundation specialized in Vietnam, focusing on building skills and knowledge about Blockchain technology as well as Web3. This is a great opportunity for young people passionate about web3 technology across the country to access the fundamentals and advanced applications of this technology.

The contest will provide young people with basic knowledge of popular programming languages in Web3 such as Solidity, JavaScript and other important concepts such as smart contracts, decentralized applications. decentralized applications, non-fungible tokens (NFT), decentralized finance, etc.

  • Three topics to choose: Web3 Gaming; Metaverse; Real-World Assets (RWAs).
  • Reference ideas: Traditional games integrated with blockchain, Tools integrated to web3 games, Metaverse games, Applications built on metaverse, Social applications (social-fi), DeFi, NFT.
  • How to participate in the exam: Online (Worldwide).

Participation Eligibility
Students, Web2/Web3 programmers, or anyone interested and passionate about programming and blockchain application ideas.

Reason to join Klaytnovators
The goal of the Klaytnovators Hackathon is to promote creativity and entrepreneurship in the Blockchain industry while providing favorable conditions for developers to learn, experiment, and deploy potential Blockchain applications. The competition is not only a platform for participants to showcase their talent and creativity but also an opportunity to connect and learn from top experts in the field.

With a fully online schedule, participating teams can form, join the Hackerhouse, and submit their entries easily. The total prize pool worth up to 300,000,000 VND will serve as an excellent motivation for developers to demonstrate their abilities and receive support from the Klaytn advisory team.

Competition Guidelines

Teams or individuals visit the website https://vn.klaytn.foundation/hackathon and choose to register now.

For individual registration

After the end of the registration period, you will have 3 days (July 24 – July 26, 2023) to “FORM TEAM BY OUR OWN”. After this time, we will proceed to assist you with teaming.

For team registration

Each team will consist of 3-5 members. After forming a team, participants will have 3-6 weeks to propose their ideas. Based on the proposals, the Judging Panel will conduct evaluation meetings and select up to 10 products for the Final Round. The Organizing Committee will announce the list of teams advancing to the Final Round on August 23, 2023.

Note

  • A recommended team should have the following positions: Back-end developers, Front-end developers, UI/UX designer, Project/business manager.
  • An individual can only participate in 1 team only.
  • The deadline to register for the Hackathon is 23:59 P.M. July 23, 2023.
  • Copying or cheating will result in immediate disqualification from the contest.
  • Participating projects must be projects that have not yet appeared on the market.
  • Klaytn Vietnam’s decision is final. Product copyright belongs to the competing teams.

Timeline

  • Registration opens: July 3, 2023 – July 24, 2023
  • Team formation (for individual participants): July 24, 2023 – July 28, 2023
  • Idea submission: July 28, 2023 – August 16, 2023
  • Hackerhouse: August 3, 2023
  • Final Round: August 28, 2023
  • Offline award ceremony: August 31, 2023

Prizes Distribution

The total prize pool is up to 300,000,000 VND, including cash rewards, certificates, sponsorships, and many other attractive prizes. The details of the prizes are as follows:

  • 1st Prize: Up to 120,000,000 VND, certificate, and internship/employment opportunities at top technology companies in Vietnam.
  • 2nd Prize: Up to 70,000,000 VND, certificate, and internship/employment opportunities at top technology companies in Vietnam.
  • 3rd Prize: Up to 25,000,000 VND, certificate, and internship/employment opportunities at top technology companies in Vietnam.
  • 2 consolation Prizes: Up to 12,000,000 VND, certificate, and internship/employment opportunities at top technology companies in Vietnam.

Currently, the Vietnam Klaytnovators Hackathon is officially accepting registrations. Interested students and programmers can sign up here: https://vn.klaytn.foundation/hackathon

For any inquiries and detailed information, please email the competition at [email protected].
Hashtag: #Klaytnovators #KlaytnHackathon #KlaytnVietnam

The issuer is solely responsible for the content of this announcement.

Klaytn Foundation

Klaytn Foundation was established in 2020 to expand the ecosystem of Klaytn, a global Layer 1 blockchain platform, and has since been actively collaborating with its Governance Council members worldwide. Klaytn Foundation facilitates the adoption and development of new technologies to ensure that Klaytn fulfills its role as an open, trusted, and sustainable blockchain platform for developers and users alike. It also facilitates decision-making to ensure that the ecosystem continues to expand optimally in the rapidly changing blockchain landscape. In line with its long-term Governance Roadmap, Klaytn Foundation plans to fully implement the Decentralization Phase of the Klaytn blockchain in 2023 and beyond.

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This content was prepared by Media OutReach. The opinions expressed in this article are the author’s own and do not reflect the view of Siam News.

Bybit VIPs to Embark on an Unforgettable Journey at the Lamborghini Super Trofeo Asia 2023

Bybit VIPs to Embark on an Unforgettable Journey at the Lamborghini Super Trofeo Asia 2023

DUBAI, UNITED ARAB EMIRATES – Media OutReach – 17 July 2023 – Bybit, the world’s third most visited crypto exchange and sponsor of the Safehouse team, is excited to host eight specially selected users as VIPs at the upcoming Lamborghini Super Trofeo Asia 2023 Race, taking place from July 14 to 16.

Bybit announced its sponsorship of the Safehouse team for the high-octane Lamborghini Super Trofeo Asia this year, helping bring the thunderous roar of Lamborghini engines to the prestigious circuits of Asia. From the iconic Suzuka Circuit to the majestic Fuji Speedway in Japan, each track presents unique challenges that demand the utmost skill and courage from the drivers.

Bybit’s unwavering dedication to the exponential opportunities of the crypto market shines through as they empower the Safehouse Team to push their limits and reach new heights in the fiercely competitive world of motorsport. This sponsorship strengthens the bond between trading and racing, and cements Bybit’s commitment to fueling the passion and ambition that drive both these high-precision worlds.

Indeed, Bybit’s clients and traders know that accuracy, focus, and a relentless drive are essential for success. Now, at the Super Trofeo, this powerful connection is being highlighted for racing fans all over the world.

“I’m stoked to offer our users the exclusive opportunity to attend the Lamborghini Super Trofeo Asia 2023 Race,” said Ben Zhou, co-founder and CEO of Bybit. “It’s an honor to contribute to this high-profile event and witness the incredible ingenuity of the Lamborghini motorsports and passionate team members. Their dedication to innovation reflects our attitude at Bybit where we are building the world’s Crypto Ark and democratizing the opportunity to invest in Web3.”

As the global crypto revolution continues to gain momentum, Bybit’s sponsorship of the Safehouse team is supporting the team’s quest to take their game to the next level and achieve greatness in the highly competitive world of motorsport.

More From Bybit

Hashtag: #Bybit #TheCryptoArk

The issuer is solely responsible for the content of this announcement.

About Bybit

Bybit is a cryptocurrency exchange established in 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions, the Oracle Red Bull Racing team, esports teams NAVI, Astralis, Alliance, Made in Brazil (MIBR), and Oracle Red Bull Racing Esports.

For more information please visit:
For updates, please follow:









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This content was prepared by Media OutReach. The opinions expressed in this article are the author’s own and do not reflect the view of Siam News.

Gentari Appoints Navjit Gill as India’s Country Head

Gentari Appoints Navjit Gill as India’s Country Head

Navjit brings over three decades of experience in the energy and marine sectors

KUALA LUMPUR, MALAYSIA – Media OutReach – 17 July 2023 – Clean energy solutions provider Gentari Sdn Bhd (Gentari) has appointed energy industry veteran Navjit Gill as its new Country Head for India, effective 10 July 2023.

Navjit Gill, Country Head for Gentari India

Navjit Gill, Country Head for Gentari India

Navjit brings 34 years of experience in the energy and marine sectors to his new role, and was previously the CEO of First Energy Pvt Ltd and the Chief Commercial Officer at SB Energy.

Throughout his illustrious career, he has held key positions at GE Renewables India Pvt Ltd, Rolls-Royce Marine India Pvt Ltd, and KSK Energy Ventures, further solidifying his expertise and accomplishments within the energy industry. Navjit began at Wartsila, where he spent almost 17 years in various assignments.

Commenting on the appointment, Sushil Purohit, CEO of Gentari, said, “Navjit’s vast experience in the Indian energy sector, makes him an invaluable addition to the Gentari India team. With India’s increasing focus on achieving net zero goals, the country presents extensive opportunities for global private players to contribute. We have full confidence that Navjit will hit the ground running in developing our three core pillars: Renewable Energy, Hydrogen and Green Mobility. As India rapidly ascends to become the world’s fourth largest economy and third largest energy consumer, Navjit’s expertise will enable us to capitalise on this growth and make a significant impact.”

As Country Head of Gentari India, Navjit will lead the team in growing all three core pillars, fortifying its presence not only in Commercial & Industrial sectors by 2025 but also in utility-scale renewables, as well as collaborating to propel the company’s green hydrogen ambitions, and expanding its green mobility footprint. Gentari India also targets to pursue opportunities in areas where it can offer integrated clean energy solutions.

Complementing global goals

Gentari India’s initiatives will complement Gentari’s 2030 global aspirations in building a renewable energy capacity of more than 30GW; supplying more than 0.7mtpa of clean hydrogen; and becoming Asia Pacific’s preferred green mobility solutions provider by capturing over 10% market share of charging points and Vehicle-as-a-Service sectors across key markets in the region.

Hashtag: #Gentari

The issuer is solely responsible for the content of this announcement.

About Gentari

Gentari is a clean energy company focused on delivering the net zero solutions required to put cleaner energy into action today, to transform how we live tomorrow. Gentari offers lower carbon solutions through three initial core pillars – Renewable Energy, Hydrogen and Green Mobility, forming a portfolio of solutions cutting across the electron value chain to help customers achieve net zero emissions. In the long term, Gentari aims to be a full suite net zero solutions provider, creating greater value, connecting businesses, and making the journey to net zero possible.

For more information on Gentari, please visit .

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This content was prepared by Media OutReach. The opinions expressed in this article are the author’s own and do not reflect the view of Siam News.

Origin Property Launches The Origin Kathu – Patong Condominium Project

Origin Property Launches The Origin Kathu - Patong Condominium Project

The 617-unit development in Phuket, Thailand, is being offered to Hong Kong investors seeking a prime location, the finest facilities and a high return on investment

HONG KONG SAR – Media OutReach – 17 July 2023 – Origin Property Company Limited, a listed Thailand property development company established in 2009, has joined hands with Phuket Villa, the major real estate developer in Phuket to launch its latest project, The Origin Kathu – Patong, this month with a series of sales events hosted by exclusive master agent Knightsbridge Partners for Hong Kong investors.

Caption

Rendering image of The Origin Kathu – Patong

Ideally located in the city’s Kathu District between Patong Beach and the historic Old Town, the low-rise condominium will comprise 617 units across three eight-storey buildings as well as a clubhouse and seven retail shops with completion scheduled for Q3 2025. Prices for the freehold Studio Suite (25 sq.m), Leisure Suites (28 sq.m), 1-Bedroom Living Suites (28 sq.m), 1-Bedroom Plus Master Suite (34 sq.m) and two-bedroom Ocean Suite (47 sq.m), start from HKD 490,000 (THB 2.2 million) with an estimated gross rental yield of up to 8% per annum. State-of-the-art facilities on The Origin Kathu – Patong’s 6-2-84 rais of land (or 10,736 sq.m) will include a lobby, co-working space, fitness centre, swimming pool, pool access room, rooftop garden and laundry room. An on-site car park will also offer parking for 42% of units.

The Origin Kathu – Patong’s central location allows for easy access to a wide range of activities, schools, services, shopping and entertainment. Besides Patong with its famed crescent beach and nightlife scene 10 minutes to the west and Phuket Old Town with its rich arts, culture and dining offerings 10 minutes the east, it is within a few kilometres of Phuket’s largest mall, Central Phuket, and its newest and largest waterpark, Andamanda Phuket. Other developments contributing to the neighbourhood’s investment potential include the 650,000 sq.m Grand Majestic Palace luxury shopping, hotel and exhibition centre as well as the Andaman Health and Wellness Center, a 57,000 sq.m R&D facility due to open 2027.

Caption

Mr. Krit Techasumma, Chief of Business Unit, Origin Property,
Mr. Kingston Lai, Founder and Chief Executive Officer of Knightsbridge Partners and
Mr. Thanagorn Vutipong, Vice President of Business Development of Origin Nationwide (Left to right)

“Conveniently located between the beach and town and offering the best facilities and specifications in the market, The Origin Kathu – Patong is ideal for those seeking the perfect blend of affordability and convenience,” says Peerapong Jaroon-ek, the founder and Chief Executive Officer of Origin Property.

Thailand: a land of property and investment opportunity

The launch of The Origin Kathu – Patong follows a record-breaking year for Origin Property and its associated businesses that saw it achieve 117% of its target for presales with a forecasted 18% YOY increase in net profit to 3,775 MB by December 2023. The strong performance reflects the robustness of the Thai property market and its potential for future growth.

As a world-class tourism destination that receives more than 16 million visitors per year, Phuket is poised to benefit from Thailand’s position as the second-most popular country for health and wellness tourism. Its relatively affordable cost of living and ongoing improvement projects such as Phuket Smart City also make it attractive to digital nomads, retirees and foreigners seeking a second home, while rising property prices and high rental yields enable investors to maximise their ROI.

“The Origin Kathu-Patong offers resort-style facilities and reasonably priced units suitable for self-use or high rental yield investment. A selection of scarce pool access units makes it more attractive for buyers. We anticipate a high demand for units given the growing trend of Phuket property investment.” says Kingston Lai, the founder and Chief Executive Officer of Knightsbridge Partners, which is the exclusive Master Agent representing Origin Property in Hong Kong.

The Origin Kathu – Patong Sales Event

Date: 22 – 23 July 2023 (Saturday – Sunday)
Time: 12pm – 6pm
Venue: 27/F The Park Lane Hong Kong
Address: 310 Gloucester Road, Causeway Bay, Hong Kong

Phuket is one of several regions across Thailand that Origin Property is working to develop. Having successfully launched 25 projects in 2022, including 16 condominiums, it is expanding across the country with a total of 60 projects in 2023, including 22 condominiums. It is also targeting a 62% YOY increase in the value of transfer activities and a 21% YOY increase in total revenue to an all-time high of 19,000 MB.

Hashtag: #OriginProperty

The issuer is solely responsible for the content of this announcement.

About Origin Property

Origin Property PCL operates four core businesses, comprising residential development business, recurring income business, service business and mega trends business.

For Residential Development Business, It has developed 130 housing and condominium projects with total value of over 197,581 million Baht (at the end of the first quarter 2023) under Park Origin, So Origin, Origin Plug & Play, Knightsbridge, Notting Hill, Origin Place, The Origin, Kensington, Hampton, Origin Play, Brixton and Britania and various brands to cover all segment.

For Recurring Income Business, Origin Property PCL develops and manages hotels, serviced apartments and retail spaces.

For Service Business, Origin Property PCL offers property management, property agent and consultancy services.

For Mega Trends Business, Origin Property PCL has diversified into various industries, specifically in the healthcare industry, warehouses, alternative energy, financial sector, insurance industry and entertainment. Together, these new businesses will act as linking bridge creating an ecosystem that will fulfill the lifestyle of all ages.

About Knightsbridge Partners

Knightsbridge Partners is the exclusive Master Agent representing global developers (primarily from Thailand, United Kingdom, Vietnam, Malaysia and Cambodia) in the distribution of their real estate inventories to their network of agency partners.

The company is headquartered in Hong Kong and founded by Mr. Kingston Lai. Prior to the founding of Knightsbridge Partners, Kingston was an Executive Director at Morgan Stanley Hong Kong where he oversaw institutional sales & distribution to financial institutions in Southeast Asia. He has been a seasoned investment banker for 12 years, has held similar roles at several other investment banks in London, Singapore, and most recently Hong Kong.

Knightsbridge Partners and its strong team of former investment bankers challenge themselves to reinvent the ways real estate products are being packaged and marketed to investors. This has led to the success of the company in distributing more than USD10 billion notional value of international residential properties over the past 10 years through its network of agencies around the world.

Sales Enquiries
Phoebe Kriel
Tel: +852 6223 9988
Email: [email protected]

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This content was prepared by Media OutReach. The opinions expressed in this article are the author’s own and do not reflect the view of Siam News.