Thailand Real Estate News

Embark on a journey into the heart of Thailand’s property market. Whether you’re a seasoned homeowner, a savvy investor, or simply fueled by curiosity, this article is your key to understanding the dynamic Thai real estate landscape. Explore the opportunities and trends that define this vibrant sector, gaining valuable insights…

Dusit has high expectations for residences in Bangkok CBD Dusit expects to set a whole new record for prices of leasehold residences in Bangkok’s central business district (CBD) with a 900-square meter penthouse following 75% of its 406 total units. Ms. La-ead Kovavisaruch, the chief executive of Vimarn Suriya (the…

Buyers opting for increased living space amidst rising land prices With the rise in land prices, certain urban families are opting for 3-storey homes in hopes of gaining increased living spaces to suit their needs. According to Property DNA Co.,Ltd’s managing director, Mr. Surachet Kongcheep, 3-storey homes are becoming more…

Bangkok office space occupancy rate dips Bangkok’s office occupancy rate is expected to continue dropping over the next couple of years. This is due to the large supply of over 1.6M square meters in the pipeline. According to Knight Frank Thailand’s executive director of office strategy and solutions, Mr. Panya…

Property Experts see Residential Market Recovery Next Year According to property experts, the residential market will not see a recovery until at least 2024 due to mortgage loan approval issues (especially for the mass market affected by high interest rates). Mr. Surachet Kongcheep, the managing director of property consultant Property…

Interest Rate hike impacts Residential Unit Demand Interest rate hikes have affected the demand for the lower-end segment of residential units. This resulted in continued declines in the way of Q3 transfers. The Real Estate Information Center (REIC)’s acting director-general, Mr. Vichai Viratkapan, stated that the amount of residential unit…

AP Thailand Keen on Condo Demand with new Condo Reveals SET-Listed property developer AP Thailand plans to launch new condo projects worth a combined total of 7.3 billion baht this month. One project will be near Iconsiam and the other will be near Victory Monument. In doing so, AP hopes…

Bangkok land prices rose by 3% in Q3 2023 Bangkok’s land price index rose by 3% year-on-year in the third quarter of 2023, the lowest growth rate in seven quarters.  There were several factors that affected land transactions, most notably the interest rate increase to 2.5% since September 27th.  Other…

Single Detached Housing Demand Remains Strong Greater Bangkok’s single detached house market remained strong since last year, which resulted in a year-on-year price index increase for five quarters in a row. Mr. Vichai Viratkapan, the Real Estate Information Center (REIC)’s acting director-general, stated that the price index for new single…

Singha Estate launching 5 Billion Baht Projects in Q4 Singha Estate will launch two new low-rise housing projects worth 5 billion baht in Q4 2023. Mr. Nattavuth Mathayomchan, Singha Estate’s chief residential development officer, said these projects would introduce a new brand known as Shawn. This new brand would focus…