The Residential Real Estate Market in Thailand is segmented by Property Type (Apartments and Condominiums, Landed Houses, and Villas) and by Key Cities (Bangkok, Chiang Mais, Nontha Buri, and Samut Prakan). The report offers market size and forecasts for the Thai Residential Residential Real Estate Market in value (USD billion) for all the above segments.

Graph and download economic data for Real Residential Property Prices for Bangkok, Thailand (QTHR628BIS) from Q1 1991 to Q3 2024 about Bangkok, Thailand, residential, HPI, housing, real, price index, indexes, and price.

The Thailand Real Estate Market Report is Segmented by Type (Residential, Office, Retail, Hospitality, and Industrial) and Major Cities (Bangkok, Phuket, Pattaya, Chiang Mai, Hua Hin, and Rest of Thailand). The Market Sizes and Forecasts are Provided in Terms of Values (USD) for all the Above Segments.

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 increased to 165 points in December from 164.30 points in November of 2024. This dataset provides - Thailand House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the town house price index in Thailand reached 182.7 points. The country's price index of single-detached houses and town houses has increased since 2015.

The Commercial Real Estate Market Report in Thailand is Segmented by Type (Office, Retail, Industrial and Logistics, Hospitality, and Other) and Key Cities (Bangkok, Chiang Mai, Hua Hin, and Koh Samui). The Size and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Thailand's real estate market, valued at $54.90 billion in 2025, is projected to experience robust growth, driven by a Compound Annual Growth Rate (CAGR) of 5.41% from 2025 to 2033. This expansion is fueled by several key factors. Firstly, increasing urbanization and a growing middle class are boosting demand for residential properties, particularly in major cities like Bangkok, Phuket, and Chiang Mai. The tourism sector, a significant contributor to the Thai economy, continues to drive demand for hospitality and retail real estate. Furthermore, government infrastructure projects and initiatives aimed at attracting foreign investment are stimulating the commercial and industrial segments. The strong performance of leading developers such as Origin Property, Central Pattana, and Sansiri underscores the market's overall health and attractiveness to investors. However, challenges remain. Economic fluctuations, potential interest rate hikes, and evolving consumer preferences could influence market dynamics. Careful analysis of these factors is crucial for investors and developers navigating the complexities of this dynamic market. The segmentation of the Thai real estate market reflects diverse investment opportunities. The residential sector, comprising apartments and houses, is the largest segment, showing consistent demand across various price points. The office sector is influenced by the growth of technology and business process outsourcing (BPO) companies, creating demand for modern office spaces. Retail real estate, particularly in prime locations, benefits from the robust tourism sector and expanding consumer spending. The hospitality sector, including hotels and resorts, is directly tied to tourism growth and government initiatives to attract visitors. Finally, the industrial and logistics segment shows strong potential driven by ongoing investments in infrastructure and the growth of e-commerce. A geographical spread of investments across key cities like Bangkok, Phuket, Pattaya, Chiang Mai, and Hua Hin, allows for diversification and caters to various market demands. This dynamic interaction of segments and geographical locations contributes to the overall growth trajectory of the Thai real estate market. This comprehensive report provides an in-depth analysis of the Thailand real estate market, covering the period from 2019 to 2033. With a base year of 2025 and a forecast period spanning 2025-2033, this study offers valuable insights into market trends, growth drivers, and challenges for investors and stakeholders. The report analyzes key segments including residential, office, retail, hospitality, and industrial and logistics real estate across major cities like Bangkok, Phuket, Pattaya, Chiang Mai, and Hua Hin, as well as the "Rest of Thailand". The report leverages historical data (2019-2024) and incorporates recent significant developments to present a robust and future-oriented perspective on the Thai real estate landscape. This report is perfect for real estate investors, developers (like those specializing in luxury condos Bangkok), government agencies, and financial institutions looking for a detailed understanding of this dynamic market. It also examines the impact of partnerships such as the July 2022 collaboration between MQDC and Thai Airways on tourism and economic recovery. Recent developments include: 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 various products across sectors., July 2022: MQDC, a leading property developer, and Thai Airways International Public Company Limited (THAI) formed a partnership to boost real estate and tourism and assist Thailand's economy in recovering from the COVID-19 pandemic. For the mutual advantage of all parties, MQDC and THAI worked together in the marketing sector across four sectors as they explored ways to support their present and prospective clients.. Key drivers for this market are: The Rise in e-commerce and digitalization. Potential restraints include: The Complexity of regulations and property ownership. Notable trends are: Growth in Tourism is Driving the Market.

In March 2024, a survey conducted on the housing market in Thailand revealed that nine percent of the respondents intended to acquire a residential property within the year of completion of the survey. In contrast, 44 percent of the survey participants had no intention of purchasing residential real estate or might consider it after five years.

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 report covers Thailand Property Classifieds Market Revenue, Thailand Property Classifieds Market Sales, Thailand Property Classifieds Market Shares, Thailand Property Classifieds Market Size, Covid-19 Impact Thailand Property Classifieds Market, Thailand Property Classifieds Market Major Players, Thailand Property Classifieds Market Growth, Thailand Property Classifieds Market Revenue.

In 2023, the value of real estate loans by commercial banks in Thailand amounted to approximately 3.51 trillion Thai baht. The value has increased throughout the examined period.

In the first half of 2023, large housing developers in the Bangkok Metropolitan Region of Thailand held the largest share of the market, accounting for 80 percent. Some leading housing developers in the country are AP Thailand PCL, Land and Houses, and Sansiri.

The ASEAN Office Real Estate Market Report is Segmented by Geography (Singapore, Thailand, Vietnam, Indonesia, Malaysia, Philippines, and Rest of ASEAN). The Report Offers Market Sizes and Forecasts in Terms of Value (USD) for all the Above Segments.

In March 2024, a survey on the housing market in Thailand revealed that 67 percent of potential home buyers were looking at purchasing a detached house. This was followed by 15 percent of respondents who were looking to buy condominiums.

Key information about Thailand Nominal Residential Property Price Index

• Thailand Nominal Residential Property Price Index was reported at 169.583 2010=100 in Sep 2024.
• This records an increase from the previous number of 168.542 2010=100 for Jun 2024.
• Thailand Nominal Residential Property Price Index data is updated quarterly, averaging 93.269 2010=100 from Mar 1991 to Sep 2024, with 135 observations.
• The data reached an all-time high of 169.583 2010=100 in Sep 2024 and a record low of 51.803 2010=100 in Mar 1991.
• Thailand Nominal 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 Nominal Residential Property Price Index: 2010=100: Quarterly.

In the second half of 2023, the majority of the newly opened luxury housing in Bangkok, Thailand had the price range between 21 and 30 million Thai baht. In the same period, there were around 3,700 newly launched units.

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.

Les prix des biens immobiliers résidentiels en Thaïlande ont augmenté de 2,91 % en septembre 2024 par rapport au même mois de l'année précédente. Les valeurs actuelles, des données historiques, des prévisions, des statistiques, des tableaux et le calendrier économique - Thaïlande - Prix de l'immobilier résidentiel.

In the first half of 2024, the number of condominiums sold in Phuket, Thailand, grew by more than 140 percent compared to the previous year. Over 3,000 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 eight million 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 seven million 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.