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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: phoebe@knightsbridge-partners.com

YouTrip Thailand Launches First-in-Market In-App 3DS 2.0 for Enhanced Fraud Detection and Safer Online Payment Experience

BANGKOK, THAILAND – Media OutReach – 17 July 2023 – YouTrip, Thailand’s leading multi-currency digital wallet launched in collaboration with Kasikornbank, introduces 3-Domain Secure 2.0 (3DS 2.0) authentication feature to offer users a more secure payment experience when making online transactions. Being the first in the Thailand market to integrate the 3DS 2.0 technology into the app, this re-emphasises YouTrip’s commitment in making digital payment experiences safer, smarter and more convenient.

Growing Preference for E-Commerce
Since the pandemic, YouTrip observed the annual e-commerce transaction volume has grown by 4.6x over the past two years as more consumers shift towards online shopping for its convenience and accessibility. However, despite the shift in preference for e-commerce purchases, around 70 percent of those Kasikorn Research Center (K-Research) surveyed shared that they have assumed a more cautious stance in choosing online stores and payment methods due to cybersecurity concerns.

Juthasree (June) Kuvinichkul, Founding Partner of YouTrip Thailand, said: “Seeing the upward growth in YouTrip transactions on local and overseas online merchants, the 3DS 2.0 introduced to our digital wallet will serve as an additional layer of security to reduce fraudulent activities in online transactions. The 3DS 2.0 prompts users to authenticate their purchases seamlessly through the app instead of a SMS One-Time password, which is riskier due to the increasing phishing scams, allowing users to make online purchases with an ease of mind.”

Seamless and Safer Borderless Payment Experience
Users will be prompted to authorise their online payment through their YouTrip app. It provides them greater control over the transactions made as users would be able to go through the transaction amount and merchant information before authenticating the payment.

The in-app verification process also allows users who are travelling to enjoy a more seamless experience as the authentication process is done via the app, and not through the SMS OTP which they may not be able access when they are overseas.

By analysing over 150 key data points related to the transactions, YouTrip 3DS 2.0 technology is able to better determine if the purchase is actually made by the user and serve as a fraud detection tool to identify fraudulent transactions. With 10 times more risk assessment data points than its predecessor, 3DS 2.0 provides a more robust risk-based authentication to screen online merchants, allowing users to shop securely.

Hashtag: #YouTrip #YouTripThailand #FinTech #DigitalPayment #MultiCurrencyWallet




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

About YouTrip Thailand

YouTrip is a Southeast Asian financial technology company dedicated to creating the next-generation of digital financial services for consumers and businesses. In 2018, it launched the region’s first and leading multi-currency payment app in Singapore and subsequently in Thailand, in partnership with Kasikornbank in 2019. To date, it has received over 1.5 million downloads and processed close to 20 million transactions.

For more information, please visit .

Op-ed: Laos, Southeast Asia, and Australia Opportunities for Shared Economic Prosperity

Australian FM Wong (left) with Lao DPM and MFA Saleumxay (right).

Australia is deepening its economic engagement with Southeast Asia, writes Special Envoy for Southeast Asia, Nicholas Moore. 

Russia Proposes Local Currency Initiative to Entice Trade with ASEAN Nations

Russian Foreign Minister Sergey Lavrov
Russian Foreign Minister Sergey Lavrov.

Russian Foreign Minister Sergey Lavrov proposed the use of local currencies while urging the revitalization of trade between Russia and Southeast Asian nations during a recent forum in Jakarta.

Bokeo SEZ Aims to Achieve International Recognition as Top Tourist Destination

Special Economic Zone Aims to Become Internationally Recognized City of Tourism
Kapok Star Hotel, the newly built hotel to welcome tourists in SEZ (photo: Nation TV)

Officials at the Golden Triangle’s Special Economic Zone (SEZ) in Bokeo Province have set their sights on developing the region as a globally renowned tourism spot while taking strict measures to combat illegal activities within the area, including online fraud by illegitimate call centers.

Southeast Asian Nations Renew Alarm Over Myanmar Violence. But Diplomats Can’t Settle on Solution

U.S. Secretary of State Antony Blinken, third left, speaks as Indonesian Foreign Minister Retno Marsudi, second right, listens during Indonesia-U.S. Ministerial Strategic Dialogue on the sidelines of the Association of Southeast Asian Nations (ASEAN) Foreign Ministers' Meeting in Jakarta, Indonesia, Friday, 14 July 2023. (AP: Photo)

JAKARTA, Indonesia (AP) — Southeast Asian foreign ministers renewed their alarm over — and condemnation of — air strikes, artillery shelling, and other acts of deadly violence in Myanmar, but struggled Friday to overcome differences on how to address the prolonged civil strife.

Cambodian Opposition Party Officials Arrested for Allegedly Encouraging Casting of Spoiled Ballots

Cambodia Prime Minister Hun Sen, center, also President of Cambodian People’s Party, delivers a speech during his party election campaign in Phnom Penh Cambodia, Saturday, 1 July, 2023. Two senior members of Cambodia’s opposition Candlelight Party have been arrested for allegedly teaching voters how to cast a null ballot in this month’s general election, becoming the first people to be arrested under the country’s recently amended election law. (Photo: AP)

PHNOM PENH, Cambodia (AP) — Two senior members of the only major functioning opposition party in Cambodia have been arrested for allegedly teaching voters how to cast a spoiled ballot in this month’s general election, their party and a government spokesperson said Saturday.

SoftServe Partners With NQCH And IMDA To Drive Singapore Quantum Computing Initiatives With Singapore’s Inaugural Quantum Bootcamp 2023

Bootcamp-style educational program fosters a new generation of quantum computing experts and innovations

SINGAPORE – Media OutReach – 17 July 2023 SoftServe, an IT consulting company offering software development and digital services, in partnership with the National Quantum Computing Hub (NQCH) and the Infocomm Media Development Authority (IMDA) announced the successful launch of Singapore’s inaugural Quantum Bootcamp, a transformative educational program for students pursuing careers in quantum computing.

Wen Huang, SoftServe APAC’s Chief Technology Officer, speaks at the closing ceremony of Singapore’s inaugural Quantum Bootcamp
Wen Huang, SoftServe APAC’s Chief Technology Officer, speaks at the closing ceremony of Singapore’s inaugural Quantum Bootcamp

The Quantum Bootcamp is an intensive eight-week program – the first of its kind in Asia – offering university graduates a comprehensive curriculum with academic instruction, practical applications, and hands-on experiences with real-world use cases and guidance from industry experts. This initiative signifies SoftServe’s commitment to fostering technological advancements and empowering the next generation of quantum computing talent. Additionally, the bootcamp provided exclusive networking opportunities with renowned multinational companies, including NVIDIA, IBM, and AWS.

“We are proud to work with our dedicated partners in cultivating Singapore’s talent in the quantum computing space,” said Wen Huang, SoftServe APAC’s Chief Technology Officer. “SoftServe’s commitment towards innovation, engineering excellence, and talent development is in line with the Quantum Bootcamp’s objectives. We look forward to driving more initiatives like this, playing our part in positioning Singapore as a global innovation destination.”

The program culminated with presentations demonstrating how quantum computing can transform traditional approaches and unlock new business opportunities, offering regional industries a look into the future of operational efficiency, cost optimization, and strategic decision-making capabilities.

“Quantum technologies are here to stay, and the field is moving very fast,” said José Ignacio Latorre, Lead Principal Investigator for the NQCH and Director of the Centre for Quantum Technologies. “The students have done well to dive into the field and complete the program. We look forward to seeing where and how they will bring their training to the next level in the quantum ecosystem.”

The Quantum Bootcamp awarded three winners in the following categories: best overall project, best technical contribution, and most valuable to the industry. Winning entries were selected based on a comprehensive evaluation of quality including research and development attributes such as demonstration of a functional proof of concept (PoC) based on the curriculum, presentation of innovative solutions and more importantly highlighting the significance of quantum solution when addressing these industry cases.

“IMDA is excited to support the first bootcamp and initial steps toward shaping a new era of quantum computing intelligence and innovations,” said Koh Wee-Sain, Acting Cluster Director, Engineering, Biztech Group, IMDA. “This entire program has already shown us a myriad of possibilities to leverage this technology across several sectors and predicaments. We’re eager to see this bootcamp bring those possibilities to life.”

SoftServe has a global research and development group dedicated to building quantum solutions for performance-critical processes. To learn more about SoftServe’s quantum computing capabilities, please visit this webpage.

Hashtag: #Softserve

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

About SoftServe

SoftServe is a leading IT consulting company transforming and optimizing how enterprises and software companies do business. Our end-to-end approach assures innovation, quality, and speed across the healthcare, retail, energy, manufacturing, and financial services verticals.

Visit our , , , , and pages.

About National Quantum Computing Hub (NQCH)

NQCH building capabilities, community and collaborations to enter the next era of computing. It is a joint initiative of the Centre for Quantum Technologies (CQT) at the National University of Singapore (NUS), the Institute of High Performance Computing (IHPC) at A*STAR and the National Supercomputing Centre (NSCC) Singapore. Website:

About Infocomm Media Development Authority (IMDA)

The Infocomm Media Development Authority (IMDA) leads Singapore’s digital transformation by developing a vibrant digital economy and an inclusive digital society.

As Architects of Singapore’s Digital Future, we foster growth in Infocomm Technology and Media sectors in concert with progressive regulations, harnessing frontier technologies, and developing local talent and digital infrastructure ecosystems to establish Singapore as a digital metropolis. For more news and information, visit www.imda.gov.sg or follow IMDA on Facebook IMDAsg and Twitter @IMDAsg