video

A brief guide to Pattaya condo investment in 2022

Thailand’s Eastern Seaboard has changed dramatically over the past two years. This was, of course, out of necessity. Losing international tourists meant the region...

House prices fall in Thailand

According to a report by GlobalPropertyGuide house prices in Thailand fell by 1.12% quarter-on-quarter in the second quarter of the year. The website takes its...
AP Thailand Bangkok condo market recovery

AP sees signs of a Bangkok condo market recovery happening

While only five of AP’s 65 new project launches in 2022 will be condominiums in the Thai capital, the homebuilder believes a Bangkok condo...
Dot Property Mega Sale 2023

Dot Property Mega Sale online extended until Sunday

This year’s best discounts and deals for Thailand real estate are available for a little while longer due to popular demand. The Dot Property...
Beverly Mountain Bay Pattaya Luxury Condovideo

This Feng Shui designed condo offers a 5-star lifestyle in Pattaya for only THB2.59...

The first thing many people will notice about Beverly Mountain Bay is the price. Studio units start at THB2.59 million (USD79,000) which is not...
Origin Property Joint Venture

Origin Property links up with partners for second half launches

Origin Property has launched a condominium, mixed-use development and an industrial property platform via joint venture partnerships during the second half of this year....

Awesome facts about Bangkok

Some of the facts below will not come as much as a surprise to industry veterans, however for the average consumer the continuing rise...
English in Thailand

Thailand's English: Close to bottom of the class

Thailand’s proficiency in the English language has been ranked in the lowest 10 percent in the world in a survey by one of the...

Super time for super-prime

The super-prime condominium market in Bangkok shows what one real estate firm said is a “promising future”. Knight Frank Thailand has revealed that the super...
The Bangkok condo boom has been derailed by the ongoing COVID-19 pandemic and its impact is expected to be felt once again in 2021. Colliers International Thailand estimates that only 20,000 units hit the market this year, the lowest total in 15 years, as developers curb new Bangkok condo launches. This total is slightly less than 2020 when 21,643 units were launched in the Thai capital, according to Colliers International Thailand. That is a far cry from the more than 66,000 units to come onto the market in 2017 or the nearly 45,00 launched the following year. While there had been some hope of new Bangkok condo launches recovering in 2021, Colliers International Thailand Associate Director of Research and Communications Phattarachai Taweewong told the Bangkok Post that the new lockdown order likely extinguished that hope with many developers expected to delay condo projects once again. "Some developers may consider delaying new condo launches again as they are uneasy about feedback from buyers amid with the contagion," Khun Phattarachai told the newspaper. "Low-rise houses will remain the rising star.” Related: Developers go low in Bangkok to avoid condo glut With new Bangkok condo launches sputtering, many homebuilders turned their attention to the low-rise housing sector and found success in the process. For example, more than 60 percent of Sansiri’s total sales last year came from low-rise housing. Meanwhile, SC Asset recorded revenue growth of 18 percent and profit growth of 26 percent during the first six months of 2020 due in large part to a 116 percent rise in housing sales. Many of the firm’s housing projects saw record-setting presales with many selling out completely. There will be some new Bangkok condo launches in 2021, but developers are being cautious in regard to location. A few new projects in and around Thong Lor are slated to be launched since demand here remains strong and supply limited. Additionally, a few developers are lining launches around the under-construction mass transit lines in suburban Bangkok.

What is influencing Bangkok’s moving market?

Bangkok's new projects are being built out of the Central Bangkok. The desire for brand new condominiums in Asia is strong. This is a long...