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.

Housing Index in Thailand decreased to 158.70 points in July from 159.40 points in June of 2025. This dataset provides - Thailand House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

In 2024, the town house price index in Thailand reached ***** points. The country's price index of single-detached houses and town houses has increased since 2015.

The Thailand Residential Real Estate Market Report is Segmented by Business Model (Sales and Rental), by Property Type (Apartments & Condominiums and Villas & Landed Houses), by Price Band (Affordable, Mid-Market and Luxury), by Mode of Sale (Primary, Secondary), and by Cities (Bangkok, Phuket, Pattaya, Chiang Mai and the Rest of Thailand). The Market Forecasts are Provided in Terms of Value (USD).

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.

Key information about Thailand Gold Production

• Thailand Real Residential Property Price Index was reported at 137.701 2010=100 in Sep 2024.
• This records an increase from the previous number of 137.141 2010=100 for Jun 2024.
• Thailand Real Residential Property Price Index data is updated quarterly, averaging 111.975 2010=100 from Mar 1991 to Sep 2024, with 135 observations.
• The data reached an all-time high of 137.805 2010=100 in Dec 2023 and a record low of 83.224 2010=100 in Jun 1999.
• Thailand Real Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly. [COVID-19-IMPACT]

The Thai real estate market, valued at $54.90 billion in 2025, exhibits robust growth potential, projected at a 5.41% Compound Annual Growth Rate (CAGR) from 2025 to 2033. This expansion is fueled by several key factors. Firstly, Thailand's burgeoning tourism sector continuously drives demand for hospitality and residential properties, particularly in popular destinations like Bangkok, Phuket, and Pattaya. Secondly, a growing middle class and increasing urbanization contribute significantly to the residential segment's growth. Furthermore, government initiatives aimed at infrastructure development and foreign investment further stimulate market activity. The industrial and logistics segment also experiences strong growth due to Thailand's strategic position in Southeast Asia's manufacturing and supply chains. However, challenges such as fluctuating interest rates, potential economic slowdowns, and regulatory changes present potential restraints on market growth. The market is relatively concentrated, with major players like Pruksa Real Estate, LPN Development, and Sansiri dominating the landscape. While the residential segment currently holds the largest market share, the hospitality and industrial segments are poised for significant growth in the coming years. The diverse geographic distribution of projects across major cities reflects the balanced growth pattern of the market. The forecast period (2025-2033) anticipates a steady increase in market value, driven by continued economic growth and investment in infrastructure. The segmentation by property type (residential, office, retail, hospitality, industrial and logistics) and major cities provides granular insights into market dynamics. While the provided data focuses on Thailand, the global context underscores the interconnectedness of real estate markets. International investment and tourism play significant roles in shaping the Thai real estate landscape, reflecting global economic trends and investor confidence. Analyzing the competitive landscape reveals a mix of established developers and emerging players, fostering innovation and competition within the sector. Understanding these interwoven factors is crucial for navigating the complexities and opportunities presented by the dynamic Thai real estate market. Recent developments include: January 2024: Sansiri Public Company Limited, a Thai real estate developer, designated Phuket as a strategic location to launch 16 new projects with a total value of THB 15 billion (USD 416.6 million) over the next five years. Sansiri is also expected to establish a new regional headquarters in Phuket to provide excellent after-sales services, reaffirming its commitment to serving both local and international customers.December 2023: Saudi Arabia and Thailand collaborated to enhance innovation and entrepreneurship, strengthening their bilateral ties. The bilateral trade relationship witnessed an uptick, with Riyadh hosting a four-day trade show in August featuring over 100 manufacturers and entrepreneurs from Thailand showcasing products across various sectors.. Key drivers for this market are: The Rise in e-commerce and digitalization. Potential restraints include: The Rise in e-commerce and digitalization. Notable trends are: Growth in Tourism is Driving the Market.

The Thailand Real Estate Market Report is Segmented by Property Type (Residential and Commercial), by Business Model (Sales and Rental), by End User (Individuals/Households, Corporates & SMEs and Others), and by Major Cities (Bangkok, Phuket, and More). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

The Thailand housing market, valued at $154.51 million in 2025, exhibits robust growth potential, projected to expand at a Compound Annual Growth Rate (CAGR) of 5.54% from 2025 to 2033. This growth is fueled by several key factors. Firstly, Thailand's burgeoning population, particularly in urban centers like Bangkok, Chiang Mai, Nonthaburi, and Samut Prakan, creates a consistent demand for residential properties. Secondly, increasing urbanization and rising disposable incomes are driving a shift towards higher-quality housing, including condominiums, apartments, and landed properties. Furthermore, government initiatives aimed at improving infrastructure and attracting foreign investment further stimulate market activity. The market segmentation, encompassing apartments and condominiums, landed houses and villas, across these key cities, reflects diverse consumer preferences and affordability levels. Leading developers like Property Perfect, Supalai, Ananda Development, Sansiri, and Pruksa Real Estate play a significant role in shaping the market landscape, offering a diverse range of projects to cater to various segments. However, challenges exist. The market's sensitivity to economic fluctuations and interest rate changes poses a risk. Furthermore, land scarcity in prime locations, especially in Bangkok, can constrain supply and drive up prices. Regulatory hurdles and fluctuating material costs also impact developers' profitability and project timelines. Despite these challenges, the long-term outlook for the Thai housing market remains positive, driven by sustained population growth, economic expansion, and the ongoing demand for modern, well-located residential units. Strategic investments in infrastructure development and sustainable housing solutions will be crucial to address the challenges and sustain the market's upward trajectory. The competitive landscape, with both established giants and emerging players, contributes to market dynamism and fosters innovation in design and construction. Recent developments include: November-2021: Ananda Development Public Company Limited has entered a partnership with Dusit International leading hotel chain in Thailand. This deal offers property management services for Ananda's new luxury residential project in Bangkok., April-2021: Ananda Development Public Co. Ltd, one of the major developers in Thailand, is collaborating with Shinyu Real Estate, a one-stop condominium consultant service for investments. This partnership resulted in the Ashton Asoke project, which offers luxury condominiums mainly focusing on foreign markets, further leading to expanding customer base in foreign countries for sales growth., January-2021: Sansiri PLC launched 24 new residential projects in the country, which accounted for more than THB 26 billion. The company is offering new projects in the low-priced segment to increase sales growth by targeting middle and low-income group customers.. Notable trends are: Bangkok and Vicinities Witnessing Growth in the Residential Sector.

The Thailand Commercial Real Estate Market Report is Segmented by Property Type (Offices, Retail, Logistics, Others), by Business Model (Sales, Rental), by End-User (Individuals/Households, Corporates & SMEs, Others), and by Geography (Bangkok, Chiang Mai, Phuket, Hua Hin, Koh Samui, Rest of Thailand). The Market Forecasts are Provided in Terms of Value (USD).

In 2024, the single-detached house price index in Bangkok, Thailand amounted to ***** points. In comparison, the condominiums in Bangkok reached over *** index points in the same period.

The Thailand commercial real estate market presents a compelling investment opportunity, exhibiting robust growth potential. With a market size of approximately $17 billion in 2025 and a projected Compound Annual Growth Rate (CAGR) of 5.97% from 2025 to 2033, the sector is poised for significant expansion. This growth is fueled by several key drivers, including a burgeoning tourism sector driving demand for hospitality properties, increasing foreign direct investment bolstering office space needs, and ongoing infrastructure development enhancing connectivity and accessibility. The expanding e-commerce industry is also stimulating the demand for logistics and warehousing facilities. Trends such as the adoption of sustainable building practices and the increasing preference for flexible workspaces are shaping the market landscape. While challenges remain, such as potential economic fluctuations and competition among developers, the overall outlook for the Thai commercial real estate market remains optimistic. The presence of major international players like CBRE, Savills, and JLL, alongside established local developers like Supalai and Central Pattana, underscores the sector's maturity and attractiveness to both domestic and international investors. The segmentation within the Thai commercial real estate market offers diverse investment avenues. The office sector, driven by both domestic and multinational corporations, is expected to witness strong growth. The hospitality sector, supported by Thailand's tourism industry, will continue to attract investors. Retail spaces, particularly those integrated with modern amenities and entertainment options, will likely see consistent demand. Logistics and warehousing are also poised for significant expansion, driven by the growth of e-commerce and improved infrastructure. The strategic allocation of resources across these segments will be key to successfully navigating the market and capitalizing on its growth potential. Analyzing market trends, understanding regulatory changes, and maintaining a keen eye on economic indicators will be crucial for investors seeking long-term success in this dynamic market. Key drivers for this market are: Overall economic growth driving the market, The growth of business and industries driving the market. Potential restraints include: Fluctuating economic conditions hindering the growth of the market, Difficulty in landownership and leasing rights affecting the market. Notable trends are: Growing Demand for Retail Spaces in Thailand.

In the second half of 2023, ***** units of houses priced between ** and ** million Thai baht in Bangkok were sold. Luxury homes are desirable among Thais for family gathering, comfort and/or as display of wealth.

The size of the ASEAN Office Real Estate Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 9.00">> 9.00% during the forecast period. The ASEAN office real estate market encompasses the development, leasing, and investment in office spaces across the Association of Southeast Asian Nations (ASEAN) member countries, which include Indonesia, Malaysia, Singapore, Thailand, the Philippines, Vietnam, and others. This market has witnessed significant growth driven by rapid urbanization, economic development, and increasing foreign direct investment in the region. As companies expand their operations and establish a presence in ASEAN, the demand for high-quality office spaces has surged, particularly in key cities such as Singapore, Bangkok, and Jakarta. The market is characterized by a diverse range of office types, including traditional office buildings, co-working spaces, and flexible office solutions. The rise of remote work and changing employee preferences have accelerated the popularity of co-working spaces, which offer businesses the flexibility to adapt to fluctuating workforce needs while promoting collaboration and innovation. Additionally, sustainability has become a critical focus, with developers and tenants increasingly seeking green buildings that comply with environmental standards, contributing to energy efficiency and reduced operational costs. Recent developments include: September 2022 - Ciputra International (a real estate company), inaugurated the Propan Tower. This project has 17 floors and is spread across 7.4 hectares, consisting of 10 buildings, 6 offices, 3 apartments, and 1 hotel. The project was developed to meet the increasing demand for office space in Jakarta., February 2022 - Hulic (a real estate company) signed a Purchase Agreement with Japan Excellent (a real estate investment trust that mainly invests in office buildings in Tokyo) to buy Trust Beneficiary Rights in Shintomicho Building for JPY 3.1 billion (USD 25.4 million). The Trust Beneficiary Rights in the Shintomicho Building will be transferred in two parts, with the first phase being the transfer of 40% ownership for JPY 1,24 billion (USD 10.1 million) and the second phase involving the transfer of the remaining 60% ownership for JPY 1.86 billion (USD 15.3 million).. Key drivers for this market are: Increasing geriatric population, Growing cases of chronic disease among senior citizens. Potential restraints include: High cost of elderly care services, Lack of skilled staff. Notable trends are: Demand for Co-Working Spaces Driving the Market.

Bangkok's residential rental market offers a diverse range of options, with condominiums, single houses, and townhouses available at varying price points. In october 2024, condominiums in the Thai capital can be rented for around 10,000 Thai baht per month, while single houses and townhouses command higher rates of approximately ****** Thai baht.

Thailand Commercial Real Estate Market size was valued at USD 28.63 Billion in 2024 and is projected to reach USD 42.37 Billion by 2032, growing at a CAGR of 5.23% from 2026 to 2032.Key Market Drivers:Rising Foreign Investment in Thai Commercial Properties: Thailand's commercial real estate market is experiencing a surge in foreign investment, with foreign direct investment (FDI) in the sector increasing by 28% year-on-year (Thailand Board of Investment, Q1 2024). Major players like CBRE and JLL report heightened interest from Chinese and Singaporean investors in Bangkok office towers. Recent deals include Hong Kong's Link REIT acquiring a USD 300 Million retail portfolio in prime Bangkok locations. The government's relaxation of foreign ownership rules for commercial buildings has further accelerated this trend. This influx of capital is driving premium-grade office developments across central business districts.Growing Demand for Flexible Workspace Solutions: The demand for flexible office spaces in Thailand is growing rapidly, with co-working occupancy rates reaching 85% in Bangkok (Thailand Property Report, 2023). Global operators like WeWork and JustCo are expanding their footprints, while local player The Great Room recently opened its third Bangkok location. Corporations are increasingly adopting hybrid workspace strategies, with 40% of Thai businesses now using flexible office solutions (Colliers Thailand Survey, 2024). This shift is transforming traditional office leasing models and fueling demand for serviced offices in mixed-use developments.

The Thailand commercial real estate industry is poised for continued growth, driven by favorable economic conditions and increasing foreign investment. The market size is projected to reach $17 million by 2033, with a CAGR of 5.97%. Key drivers of growth include the thriving tourism sector, government infrastructure projects, and urbanization trends. The industry is segmented into various types, including office, retail, industrial and logistics, hospitality, and others. Bangkok, Chiang Mai, Hua Hin, and Koh Samui are among the key cities driving demand for commercial real estate. The industry faces certain trends, including the rise of e-commerce, which poses challenges to the retail segment but also creates opportunities for logistics and warehousing. Sustainability is another growing trend, with developers focusing on energy-efficient and environmentally friendly buildings. While the industry benefits from steady growth, it also encounters restraints such as rising construction costs, regulatory constraints, and economic fluctuations. Despite these challenges, the outlook for Thailand's commercial real estate industry remains positive, supported by strong economic fundamentals and the government's efforts to attract foreign investment. Key companies operating in the market include Colliers International Thailand, Hipflat, Supalai Company Limited, RE/MAX Thailand, Central Pattana PLC, Savills, Dot Property, Knight Frank Thailand, CBRE Thailand, JLL Thailand, Pace Development Corporation PLC, Property Perfect, Blink Design Group, Raimon Land PCL, and DDProperty. Recent developments include: February 2024: Central Retail Corporation, Thailand's leading retailer, set aside THB 22 to 24 billion (USD 613 to USD 669 million) for expansion in 2024., December 2023: FitFlop, a UK-based ergonomic and wellness footwear brand, ramped up its global growth by securing new distributors in Canada, Eastern Europe, and Asia. The brand is further expanding its retail presence in Thailand, teaming up with local partner CMG. Notably, the Thailand store is the first to showcase FitFlop's revamped retail design, aligning it with its contemporary image and marketing campaigns.. Key drivers for this market are: Overall economic growth driving the market, The growth of business and industries driving the market. Potential restraints include: Fluctuating economic conditions hindering the growth of the market, Difficulty in landownership and leasing rights affecting the market. Notable trends are: Growing Demand for Retail Spaces in Thailand.

The ASEAN condominiums and apartments market is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 7.5% from 2025 to 2033. This expansion is fueled by several key drivers, including rapid urbanization, rising disposable incomes, and a growing preference for modern, convenient living spaces within increasingly dense urban centers. Strong tourism and foreign investment inflows, particularly in key ASEAN hubs like Singapore, Bangkok, and Kuala Lumpur, further stimulate demand. However, the market faces challenges such as fluctuating interest rates impacting mortgage affordability and potential regulatory hurdles related to land acquisition and construction permits. Market segmentation reveals significant variations in price points and unit types across different ASEAN nations, reflecting local economic conditions and consumer preferences. The dominance of large, established developers like Vinhomes, Sinar Mas Land, and Ayala Land underscores the importance of brand recognition and established market presence. Furthermore, the increasing focus on sustainable and technologically advanced building practices presents both an opportunity and a challenge for developers seeking to balance cost-effectiveness with environmentally conscious development. The consistent demand across various segments points towards a resilient and expansive future for the ASEAN condominium and apartment sector. The competitive landscape is highly fragmented, with both established multinational developers and local players vying for market share. Success hinges on effective marketing strategies targeted at the specific needs and preferences of each country's demographic. The market is witnessing the introduction of innovative property models, such as co-living spaces and build-to-rent developments, catering to evolving lifestyles and demands. Analyzing import and export data reveals significant cross-border trade in construction materials and related goods, influencing pricing and overall market dynamics. A detailed price trend analysis across various market segments highlights fluctuations based on factors like location, amenities, and economic cycles. Government policies aimed at affordable housing initiatives influence the affordable segment significantly, while luxury condominium projects remain a resilient segment driven by high net-worth individuals and foreign investors. The overall forecast suggests continued growth, albeit with potential fluctuations influenced by macroeconomic factors. Recent developments include: September 2022 - GuocoLand's Lentor Modern, a 99-year leasehold integrated private residential project, sold 508 units, or 84% of its 605 units, during its initial launch. GuocoLand said in a press release that units in the integrated mixed-use development to be built in the new Lentor Hills estate in District 20 ranged from USD 1,856 per sq ft to USD 2,538 per sq ft. Prices for the units ranged from USD 1.07 million for a 527 sq ft one-bedroom unit to USD 3.33 million for a 1,528 sq ft four-bedroom apartment at the time of launch., June 2022 - A Chinese national is said to have paid more than USD 62.92 million for 20 units at CanningHill Piers, a condominium on the Singapore River. The buyer, who is from Fujian, China, is also said to be interested in purchasing 10 more units, bringing the total transaction value to more than USD 74.02 million. The 20 units purchased a few days ago include ten three-room flats priced between USD 2.29 million and USD 2.44 million and ten four-room flats priced between USD 3.92 million and USD 4.15 million.. Key drivers for this market are: 4., Rising Disposable Incomes4.; Government Initiatives4.; Growing Expatriate Population. Potential restraints include: 4., Regulatory Framework4.; The Risk of Oversupply. Notable trends are: Increase in demand for multifamily housing driving the market.

The ASEAN condominiums and apartments market exhibits robust growth, driven by rapid urbanization, rising disposable incomes, and a burgeoning middle class across the region. A CAGR exceeding 7.50% from 2019 to 2024 suggests a consistently expanding market. Key drivers include increasing demand for modern housing, particularly in major cities like Singapore, Bangkok, Kuala Lumpur, and Jakarta, fueled by strong economic growth and tourism. Government initiatives promoting infrastructure development and affordable housing further stimulate market expansion. However, challenges persist, including fluctuating property prices influenced by global economic conditions, and potential supply chain disruptions impacting construction timelines and costs. The market is segmented geographically, with significant variations in pricing and demand across countries within ASEAN. Furthermore, the market is characterized by a diverse range of developers, from large multinational corporations to local firms, leading to a competitive landscape. This diverse developer landscape offers a wide range of housing options, catering to different budgets and preferences. The market also faces potential restraints such as regulatory hurdles concerning land acquisition and building permits, alongside fluctuations in interest rates that may impact mortgage accessibility. The forecast period of 2025-2033 promises continued growth, with the market expected to expand substantially based on the sustained positive trends. While specific value projections are unavailable, estimations based on the provided CAGR and considering macroeconomic forecasts for ASEAN point towards a consistently upwards trajectory. Increased foreign direct investment (FDI) in the real estate sector, especially in countries with strong economic fundamentals, will likely boost market expansion. However, careful attention to sustainability considerations and the integration of green building technologies will be crucial for long-term growth and maintaining market competitiveness. The market will likely witness an increasing focus on luxury and high-end properties driven by the expanding affluent class within ASEAN. Simultaneously, the demand for affordable housing will remain a significant driver, encouraging developers to explore innovative construction methods and financing schemes. Recent developments include: September 2022 - GuocoLand's Lentor Modern, a 99-year leasehold integrated private residential project, sold 508 units, or 84% of its 605 units, during its initial launch. GuocoLand said in a press release that units in the integrated mixed-use development to be built in the new Lentor Hills estate in District 20 ranged from USD 1,856 per sq ft to USD 2,538 per sq ft. Prices for the units ranged from USD 1.07 million for a 527 sq ft one-bedroom unit to USD 3.33 million for a 1,528 sq ft four-bedroom apartment at the time of launch., June 2022 - A Chinese national is said to have paid more than USD 62.92 million for 20 units at CanningHill Piers, a condominium on the Singapore River. The buyer, who is from Fujian, China, is also said to be interested in purchasing 10 more units, bringing the total transaction value to more than USD 74.02 million. The 20 units purchased a few days ago include ten three-room flats priced between USD 2.29 million and USD 2.44 million and ten four-room flats priced between USD 3.92 million and USD 4.15 million.. Notable trends are: Increase in demand for multifamily housing driving the market.