The industry's own research.
22 reports
Bangkok's condo market is becoming increasingly polarised, with luxury projects continuing to outperform while the broader residential sector remains weighed down by weak purchasing power and tighter mortgage lending.
Phuket's residential property market is evolving from a tourism-driven market into an increasingly investment-oriented destination, with buyers placing greater emphasis on rental income and capital appreciation, according to SET-listed Origin Property.
Bangkok's condominium market is on course for another record-low year for new supply launches as developers continue delaying investment amid weak purchasing power, high mortgage rejection rates and subdued foreign demand.
The property downturn is no longer producing the same outcome for everyone. While residential developers pull back amid weak demand and mounting financial pressure, brokers and private equity investors are stepping forward, seeing one of the strongest buying opportunities in years.
Bangkok's resale condo market is attracting more buyers as affordability becomes a growing concern, with purchasers opting for larger units at steep discounts rather than paying record prices for newly launched projects, according to property consultancy Savills Thailand.
Unsold residential inventory is expected to exceed 610,000 units by year-end as a growing number of second-hand homes enter the market, while demand remains constrained by weak purchasing power, according to Kasikorn Research Center (K-Research).
Land prices near Bangkok's expanding mass transit lines are continuing to rise, with eastern and outer suburban locations posting the strongest gains, even as the overall land price index slipped from the previous quarter.
The housing market is entering a new phase where affordability rather than supply is the biggest obstacle to homeownership, nudging more buyers to second-hand homes and the rental market.
The ready-built warehouse and factory rental market is shifting to favour landlords as limited new supply, steady foreign investment and rising occupancy enable developers to gradually increase rental rates.
Thailand's Board of Investment reported first-quarter investment applications exceeding one trillion baht across 600+ projects, with strong demand led by data centers, AI infrastructure, and advanced electronics sectors.
Coverage of new hyperscale data center investment activity in Thailand and its impact on the country's digital infrastructure and economy.
Despite no new office completions in the second quarter of 2026, Bangkok's office market remained highly competitive as landlords of new buildings increasingly offered barter deals and matched incentives provided by owners of older properties.
The residential market may have already bottomed out, but a recovery is unlikely to resemble previous cycles, with second-hand homes expected to become the primary growth engine as affordability challenges continue to reshape buyer behaviour.
More Bangkok residents are searching for rental homes rather than properties for sale, with demand increasingly concentrated around employment hubs, while homebuyers continue shifting towards more affordable suburban locations.
This is a market data report published by CBRE on May 7, 2025, presenting overall figures for the first quarter of 2025 across the office, retail, hospitality, industrial, and multifamily sectors in Bangkok, Thailand.
This is a real estate market outlook published by CBRE on February 18, 2025, covering the office sector in Thailand with a focus on Bangkok and the broader Asia-Pacific region.
Industrial land price growth is expected to moderate after last year's sharp increase, as nearly 10,000 rai of new supply is set to enter the market in the fourth quarter of 2026, easing upward pressure on prices.
Despite the sluggish economy, the average selling price per square metre of new condo units in Greater Bangkok during the first half of 2026 neared the level recorded in 2019, the second-highest on record after the 2018 peak.
Asking prices for land in Greater Bangkok have stagnated this year, with some sites facing discounts of up to 40% as buyers negotiate aggressively amid a sharp contraction in the condo market caused by economic weakness.
Phuket's luxury residential market is expected to remain resilient this year, driven by sustained foreign demand, rising land prices and a strong appetite for branded residences, even as competition intensifies among condo developers.
New residential supply in Greater Bangkok is expected to continue slowing this year as developers scale back launches in response to persistently weak housing demand and subdued consumer purchasing power.
The cabinet has approved a one-year extension of the measure reducing transfer and mortgage registration fees for real estate transactions to 0.01%, which policymakers claim can spur Thai GDP growth.