Thailand Property

After years in the doldrums, the Thailand property market has seen property prices in Bangkok increase by an average of 16% last year. The trend is set to continue, with new projects dotting the city landscape. Real estate developers will be investing over US$2.5 billion in Thailand property residential sector in the CBD alone within the next three years.

The market has received an injection of confidence from the sustained recovery of the Thai economy. Banks and finance houses that are lending money Thailand property purchases are fuelling the boom, with new advertising hoardings displayed throughout Bangkok.

Real estate companies continue to focus on luxury developments to meet the demand of Thailand's expanding middle class, but there is now greater emphasis on building houses and condominiums that meet the budget of the ordinary working family.

New starts of Bt2-3 million per unit are increasing and developers are taking up the government's challenge to build affordable homes that cost under B2 million for the army of workers previously shut out of the market.

Thai people are becoming much more demanding in terms of both the quality of building materials used and the type of property they want, with townhouses and detached homes on managed housing estates in the suburbs becoming increasingly popular.

The reason is partly improved infrastructure, with the Skytrain and the Mass Transit Subway system making the business districts more easily accessible. The downtown areas surrounding Silom, Sathorn, and Sukhumvit Roads remain the most active areas for new condominiums.

• Thailand Property: Condos for rent (-30k): click here


• Thailand Property: Condos for rent (31-50k): click here


• Thailand Property: Condos for rent (51-70k): click here


• Thailand Property: Condos for rent (71-100k): click here


• Thailand Property: Condos for rent (101-350k): click here


• Thailand Property: Houses for rent (101-350k): click here


• Thailand Property: Condos and houses for sale (10m+): click here


• Thailand Property: Condos and houses for sale (-10m): click here


• Thailand Property: Serviced Apartments: click here


• Thailand Property: Offices for rent: click here