Key information about House Prices Growth

• Thailand house prices grew 8.5% YoY in Sep 2021, following an increase of 4.9% YoY in the previous month.
• YoY growth data is updated monthly, available from Mar 2009 to Sep 2021, with an average growth rate of 5.7%.
• House price data reached an all-time high of 20.2% in Dec 2009 and a record low of -6.1% in Dec 2020.

Housing Index in Thailand remained unchanged at 160 points in May. This dataset provides - Thailand House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Real Residential Property Prices for Bangkok, Thailand (QTHR628BIS) from Q1 1991 to Q1 2025 about Bangkok, Thailand, residential, HPI, housing, real, price index, indexes, and price.

As of January 2025, the house price in Koh Samui, Thailand, was around 59,250 Thai baht per square meter. Koh Samui house prices fell during the COVID-19 pandemic because of fewer tourists and expats visiting the island, however, they are now rising once more as a result of rising costs, market recovery, and growing demand.

House price index in Thailand, March, 2025 The most recent value is 181.54 index points as of Q1 2025, an increase compared to the previous value of 181.43 index points. Historically, the average for Thailand from Q1 1991 to Q1 2025 is 107.86 index points. The minimum of 51.8 index points was recorded in Q1 1991, while the maximum of 181.54 index points was reached in Q1 2025. | TheGlobalEconomy.com

Thailand Housing Price Index: Condominium data was reported at 200.500 2011=100 in Mar 2025. This records a decrease from the previous number of 201.300 2011=100 for Feb 2025. Thailand Housing Price Index: Condominium data is updated monthly, averaging 159.300 2011=100 from Jan 2011 (Median) to Mar 2025, with 171 observations. The data reached an all-time high of 203.800 2011=100 in Jan 2025 and a record low of 96.200 2011=100 in Mar 2011. Thailand Housing Price Index: Condominium data remains active status in CEIC and is reported by Bank of Thailand. The data is categorized under Global Database’s Thailand – Table TH.EB: Housing Price Index: Bank of Thailand . [COVID-19-IMPACT]

Real residential property prices Y-on-Y, percent change in Thailand, December, 2024 The most recent value is 1.56 percent as of Q4 2024, a decline compared to the previous value of 2.43 percent. Historically, the average for Thailand from Q1 1992 to Q4 2024 is 1.01 percent. The minimum of -18.37 percent was recorded in Q2 1999, while the maximum of 20.19 percent was reached in Q2 2000. | TheGlobalEconomy.com

The average for 2021 based on 10 countries was 49.666 index points. The highest value was in Singapore: 135 index points and the lowest value was in Thailand: 25.94 index points. The indicator is available from 2017 to 2021. Below is a chart for all countries where data are available.

In 2024, the condominium price index in Bangkok Metropolitan Region amounted to over *** points. The price index of condominiums in the city has shown increases since 2015.

As of December 2024, the average apartment rent in Koh Samui, Thailand, was 537 Thai baht per square meter. Koh Samui rental rates fell during the COVID-19 pandemic because of fewer tourists and expats visiting the island, however, they are now rising once more as a result of rising costs, market recovery, and growing demand.

In the first half of 2024, the number of condominiums sold in Phuket, Thailand, grew by more than *** percent compared to the previous year. Over ***** residential units were sold in Phuket in that same period. Most units sold are for entry-level projects, with an average selling price of around ************* Thai baht.  Foreign property ownership in Thailand Thailand may not allow foreigners to own land, but it is still possible to own structures on the land, such as houses or villas. In practice, this is often achieved through leasehold arrangements, in which the land is leased for a maximum period of 30 years, with the possibility of renewal for another 30 years. The only form of property a foreigner can own freehold is condominiums. As a result, it is a highly sought-after and readily available option. In the year 2023, the majority of foreigners who acquired condominiums in Thailand were Chinese citizens.  Phuket, the jewel of the Andaman Sea Phuket is, undoubtedly, one the most famous islands in Thailand, if not all of Asia. Most visitors to Phuket are from abroad, making this beautiful island one of the key hubs for international tourism in Thailand. In 2023, Phuket received over ************* international passengers at Phuket International Airport (HKT). After two years of travel restrictions due to the COVID-19 pandemic, the Phuket tourism sector has experienced significant revenue growth.

As of January 2025, the apartment price in Koh Samui, Thailand, was around 80,620 Thai baht per square meter. Koh Samui apartment prices fell during the COVID-19 pandemic because of fewer tourists and expats visiting the island, however, they are now rising once more as a result of rising costs, market recovery, and growing demand.

In the second half of 2023, the average monthly rental fee of finished goods warehouses in Thailand amounted to around *** Thai baht per one square meter. The monthly rate of such warehouses in the country has slowly increased since 2018.