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INDUSTRIES
&
MARKETSResidentialrealestateinBangkokCHAPTER
01ThailandoverviewGrossdomesticproduct(GDP)fromtherealestateactivitiessectorinThailandfrom2012to2021(inbillionThaibaht)GDPfromrealestateactivitiesThailand2012-2021500450436.75428.18417.7400.0740035030025020015010050377.36354.18332.49324.59317.77319.0602012201320142015201620172018201920202021*4Description:In2021,therealestateactivitiessectorcontributedapproximately436.7billionThaibahttoThailand'sGDP,whichindicatedasteadyincreasesince2011.TherealestateindustryplaysasignificantroleintheThaieconomy.ReadmoreNote(s):Thailand;2012to2021;figuresatcurrentmarketprices;*Preliminary.Figureshavebeenrounded.OneThaibahtisequalto0.028U.S.dollarsand0.026eurosasofFebruary2024.Thesourcedoesnotprovideadateofpublication.The[...]
ReadmoreSource(s):NationalStatisticalOffice(Thailand)Year-on-year(YoY)growthrateofnewresidentialrealestatesinThailandin2022,byregionYoYgrowthofnewresidentialestatesupplyThailand2022,byregionGrowthrate30%-10%BangkokMetropolitanRegion0%10%20%40%50%60%70%80%80.4%76.4%90%WesternregionNortheasternregionEasternregion67%42.6%NorthernregionSouthernregionCentralregion6.5%3.3%-2%Wholekingdom66.1%5/statistics/1290927/thailand-new-supply-growth-of-residential-estates-by-regionIn2022,thenewsupplyofThailand'sresidentialrealestategrewbyapproximately66.1percentcomparedtothepreviousyear.ThenewsupplyofresidencesintheBangkokMetropolitanRegiongrewthehighestamongotherregions,at80.4percent.ReadmoreNote(s):Thailand;2022Source(s):AgencyforRealEstateAffairs;GSBResearchCenterYear-on-year(YoY)growthrateofresidentialrealestateunitssoldinThailandin2022,byregionYoYgrowthofresidencessalesThailand2022,byregionGrowthrate10%-20%BangkokMetropolitanRegion-10%0%20%30%40%50%43.8%WesternregionSouthernregionNortheasternregionEasternregion40.4%23.7%6.1%3.2%2.8%NorthernregionCentralregion-13.5%Wholekingdom31.7%6Description:In2022,thesalesofThailand'sresidentialrealestategrewbyapproximately31.7percentcomparedtothepreviousyear.TheunitssoldofresidencesintheBangkokMetropolitanRegiongrewthehighestamongotherregions,at43.8percent.
ReadmoreNote(s):Thailand;2022Source(s):AgencyforRealEstateAffairs;GSBResearchCenterYear-on-year(YoY)growthrateofunsoldresidentialrealestateinThailandin2022,byregionYoYgrowthofunsoldresidencesupplyThailand2022,byregionGrowthrate2%-4%-2%0%4%6%8%10%NortheasternregionBangkokMetropolitanRegionNorthernregion8.2%4.1%-0.9%-1.4%-1.6%-1.9%-2.1%WesternregionCentralregionSouthernregionEasternregionWholekingdom2.5%7Description:In2022,theunsoldunitsofThailand'sresidentialrealestategrewbyapproximately2.5percentcomparedtothepreviousyear.Inthatsameyear,thenumberofunsoldresidentialunitsinthecountryamountedtoover335.2thousandunits.
ReadmoreNote(s):Thailand;2022Source(s):AgencyforRealEstateAffairs;GSBResearchCenterApprovedareaforresidentialbuildingconstructioninThailandfrom2018to2022withforecastsuntil2024(inmillionsquaremeters)ApprovedareaforresidentialbuildingconstructionThailand2018-20244539.0340353025201510536.9836.736.1935.8834.7634.10201820192020202120222023*2024*8/statistics/1266775/thailand-permitted-area-for-residential-building-constructionIn2023,thesizeofapprovedareaforresidentialbuildingconstructioninThailandwasestimatedtoamounttoaround34.1millionsquaremeters.Thisindicatedalowerdemandfornewestatescomparedtotherisingtrendinthepreviousyears.
ReadmoreNote(s):Thailand;2018to2022;*Estimatedvalues.Thefigureshavebeenrounded.ReadmoreSource(s):RealEstateInformationCenterNumberofpermitsgrantedforresidentialbuildingdevelopmentinThailandfrom2013to3rdquarterof2023(in1,000s)NumberofresidentialbuildingdevelopmentpermitsThailand2013-Q3202310094.0988.3788.09908070605040302010085.9584.0283.0679.1977.9970.8561.825.3425.4314.412013201420152016201720182019202020212022*Q12023*
Q22023*
Q32023*9Description:Inthethirdquarterof2023,thenumberofpermitsforthedevelopmentofresidentialbuildingsinThailandamountedto25,425units.Ontheotherhand,around83,100permitsweregrantedinthepreviousyear.Thailawrequiresbuilderstoobtainthelandanddevelopmentpermitfromlocalmunicipalitiestoconstruct,modify,anddemolishbuildings.ReadmoreNote(s):Thailand;2013toQ22023;*Preliminary.Thefigureshavebeenrounded.Thesourcedoesnotprovideareleaseddate.Thedateusedhereisthelastupdatedate.
ReadmoreSource(s):BankofThailand;DepartmentofLandsThailand;NationalStatisticalOffice(Thailand);RealEstateInformationCenterCHAPTER
02HousingstockNumberofhousesinBangkokinThailandfrom2012to2022(inmillions)NumberofhousesBangkokThailand2012-20223.53.23.153.13.042.962.893.02.52.01.51.00.50.02.822.752.672.592.522012201320142015201620172018201920202021202211Description:In2022,thenumberofhousesinBangkokinThailandreachedapproximately3.2million,slightlyincreasedcomparedtothepreviousyear.ThenumberofhousesinBangkokhasincreasedsteadilysince2012.
ReadmoreNote(s):Thailand;2012to2022Source(s):DepartmentofProvincialAdministration(Thailand);NationalStatisticalOffice(Thailand)NumberofnewresidentialbuildingsinBangkokMetropolitanRegion(BMR)inThailandfrom2018to2022withaforecastfor2023(in1,000s)NumberofnewresidentialhousingBMRThailand2018-20231401251191181201008060402001077360201820192020202120222023*12Description:In2022,thenumberofnewresidentialbuildingsinBangkokMetropolitanRegion(BMR)inThailandamountedtoaround107thousandunits.Thiswasforecasttoreachapproximately118thousandunitsin2023,whichwouldindicateagradualincreaseofnewresidentialunits.ReadmoreNote(s):Thailand;2018to2022;*Forecast.Thefigureshavebeenrounded.ReadmoreSource(s):AgencyforRealEstateAffairs;SCBEconomicIntelligenceCenterNumberofnewresidentialbuildingsinBangkokMetropolitanRegion(BMR)inThailandin2022,bytype(in1,000s)NumberofnewresidentialhousingBMRThailand2022,bytypeNumberinthousandunits0102030405060CondominiumTownhouse5428Detachedandsemi-detachedhouse2513/statistics/1266709/thailand-number-of-new-residential-units-by-typeIn2022,thenumberofnewcondominiumsinBangkokMetropolitanRegion(BMR)inThailandamountedtoaround54thousandunits.Inthesameyear,thetotalnumberofnewresidentialunitsinBMRreachedapproximately107thousandunits.ReadmoreNote(s):Thailand;2022Source(s):AgencyforRealEstateAffairs;SCBEconomicIntelligenceCenterNumberofsoldresidentialbuildingsinBangkokMetropolitanRegion(BMR)inThailandfrom2018to2022withaforecastfor2023(in1,000s)NumberofsoldresidentialhousingBMRThailand2018-202314011912010080604020010798977465201820192020202120222023*14Description:In2022,thenumberofsoldresidentialbuildingsinBangkokMetropolitanRegion(BMR)inThailandamountedtoaround97thousandunits.Thiswasforecasttoreachapproximately107thousandunitsin2023,whichwouldindicateagradualincreasesinceaftertheCOVID-19pandemicinthecountry.ReadmoreNote(s):Thailand;2018to2022;*Forecast.Thefigureshavebeenrounded.ReadmoreSource(s):AgencyforRealEstateAffairs;SCBEconomicIntelligenceCenterNumberofsoldresidentialbuildingsinBangkokMetropolitanRegion(BMR)inThailandin2022,bytype(in1,000s)NumberofsoldresidentialhousingBMRThailand2022,bytypeNumberinthousandunits0102030405060CondominiumTownhouse5125Detachedandsemi-detachedhouse2115/statistics/1266704/thailand-number-of-sold-residential-units-by-typeIn2022,thenumberofsoldcondominiumsinBangkokMetropolitanRegion(BMR)inThailandamountedtoaround51thousandunits.Inthesameyear,thetotalnumberofsoldresidentialunitsinBMRreachedapproximately97thousandunits.ReadmoreNote(s):Thailand;2022Source(s):AgencyforRealEstateAffairs;SCBEconomicIntelligenceCenterNumberofcumulativeunsoldhousingunitsintheBangkokMetropolitanRegion(BMR)inThailandinthefirsthalfof2023,bysegment(in1,000s)CumulativeunsoldhousingunitsinBMRThailandH12023,bysegmentUnoldunitsinthousands020406080100120140160180200220CodominiumsTowhouses84.7575.35DetachedhousesTotal34.65194.3216/statistics/1291161/thailand-unsold-residential-units-in-bmr-by-segmentInthefirsthalfof2023,therewerearound84.75thousandunsoldunitsofcondominiumsintheBangkokMetropolitanRegionofThailand.Inthatsameperiod,thetotalnumberofunsoldresidentialunitsreachedapproximately194.32thousandunits.ReadmoreNote(s):Asia,Thailand;H12023Source(s):AgencyforRealEstateAffairs;KrungsriResearchCHAPTER
03FinancingValueofpersonalhousingloansinThailandfrom2013to2022(intrillionThaibaht)ValueofpersonalhousingcreditThailand2013-20223.02.52.742.652.532.342.242.081.972.01.51.00.50.01.851.691.512013201420152016201720182019202020212022*18Description:In2022,thevalueofpersonalhousingloansbycommercialbanksinThailandamountedtoapproximately2.74trillionThaibaht.Inthatyear,thetotalcommercialbankpropertyloansreachedaround3.45trillionThaibaht.ReadmoreNote(s):2013to2022;*Preliminaryvalue.OneThaibahtisequalto0.028U.S.dollarsand0.026eurosasofFebruary2024.
ReadmoreSource(s):BankofThailand;DepartmentofLandsThailand;NationalStatisticalOffice(Thailand);RealEstateInformationCenterValueofnewmortgageloansinThailandfrom1stquarter2019to4thquarter2023(inbillionThaibaht)ValueofnewmortgageloansinThailandQ12019-Q42023140120100806040200Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q42019
2019
2019
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202319Description:Inthefourthquarterof2023,thevalueofnewlyapprovedmortgageloansinThailandamountedtoapproximately94.5billionThaibaht.Theloansforpurchasingnewbuildandsecondhandresidentialpropertiesaccountedforabout74.5billionThaibaht,whilearound20billionThaibahtwassecuredforrefinancing.Fewermortgageloansweregrantedinthefourthquarterof2023comparedtothesamequarterinthepreviousyears.
ReadmoreNote(s):Thailand;Q12019toQ42023Source(s):BankofThailandValueofnewmortgageloansfornewbuildandsecondhandresidencesinThailandfrom1stquarter2019to4thquarter2023,bytype(inbillionThaibaht)ValueofnewmortgageloansforresidencesinThailandQ12019-Q42023,bytype120100806040200Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q42019
2019
2019
2019
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202320Description:Inthefourthquarterof2023,thenewmortgageloansforpurchasingnewbuildandsecondhandresidentialpropertiesinThailandaccountedforabout74.5billionThaibaht.Fewerresidentialmortgageloansweregrantedinthefourthquarterof2023comparedtothesamequarterinthepreviousyears.Inthesameyear,thevalueofnewlyapprovedmortgageloansinThailandamountedtoapproximately94.5billionThaibaht.The
ReadmoreNote(s):Thailand;Q12019toQ42023Source(s):BankofThailandValueofrefinancemortgageloansinThailandfrom1stquarter2019to4thquarter2023(inbillionThaibaht)ValueofrefinancemortgageinThailandQ12019-Q42023302520151050Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q42019
2019
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202321Description:Inthefourthquarterof2023,thevalueofnewlyapprovedmortgageloansinThailandamountedtoapproximately94.5billionThaibaht,whilearound20billionThaibahtwassecuredforrefinancing.Fewermortgageloansweregrantedforrefinancinginthefourthquarterof2023comparedtothesamequarterinthepreviousyears.ReadmoreNote(s):Thailand;Q12019toQ42023Source(s):BankofThailandValueofoutstandingmortgageloans(Post-Finance)inThailandfrom1stquarter2021to4thquarter2023(intrillionThaibaht)ValueofoutstandingmortgageloansThailandQ12021-Q420233.02.732.732.72.72.712.662.642.622.622.62.582.542.52.01.51.00.50.0Q12021Q22021Q32021Q42021Q12022Q22022Q32022Q42022Q12023Q22023Q32023Q4202322Description:Inthefourthquarterof2023,thevalueofoutstandingmortgageloansinThailandamountedtoaround2.73trillionThaibaht.Inthesameperiod,thenumberofnewmortgageloanaccountstopurchasenewandsecondhandresidentialpropertiesinthecountryreachedapproximately17,740accounts.ReadmoreNote(s):Thailand;Q42021toQ42023;Post-Financeloansreferstoconsumerloans.Source(s):BankofThailandAverageloan-to-value(LTV)ratioofmortgageloansfornewbuildandsecondhandresidentialpropertiesinThailandfrom1stquarter2021to4thquarter2023LTVratioforresidentialmortgageloansThailandQ12021-Q42023100%92.6%92.68%92.76%92.01%90.91%91.04%91.28%91.5%90.5%90.57%90.34%89.65%90%80%70%60%50%40%30%20%10%0%Q12021Q22021Q32021Q42021Q12022Q22022Q32022Q42022Q12023Q22023Q32023Q4202323Description:Inthefourthquarterof2023,theaverageloan-to-value(LTV)ratioofmortgageloansfornewbuildandsecondhandresidentialpropertiesinThailandwasaround89.7percent.Thisindicatedadecreaseoftheratiocomparedtothepreviousyear,whichaccountedforabout92.8percent.ReadmoreNote(s):Thailand;Q42021toQ42023;dataexcludestop-uploans.Source(s):BankofThailandShareofresidentialmortgageloansinThailandinthefirsthalfof2022,bybank(inmillionThaibaht)MarketshareofresidentialmortgageloanThailandH12022,bybankBankofAyudhya6.5%Other0.6%TMBThanachartBank7.1%GovernmentHousingBank34%BangkokBank7.4%GovernmentSavingsBank8.2%KrungthaiBank10.1%SiamCommercialBank15.8%KasikornBank10.3%24Description:In2022,theGovernmentHousingBankledwiththehighestnumberofresidentialmortgageloansinThailand,amountingto34percent.Incomparison,BankofAyudhyaheld6.5percentofthemarketshare.ReadmoreNote(s):Thailand;2022Source(s):GSBResearchCenterCHAPTER
04PricingHousepriceindexinBangkok,Thailandfrom2013to2023,bytypeBangkokhousepriceindexThailand2013-2023,bytypeIndexpoints(baseyear=2009)020406080100120140160180200220Single-detachedhouse(includingland)Townhouse(includingland)Condominiumunits147.1174.1193.326Description:In2023,thesingle-detachedhousepriceindexinBangkok,Thailandamountedto147.1points.Incomparison,thecondominiumsinBangkokreached193.3indexpointsinthesameperiod.ReadmoreNote(s):Thailand;2013to2023Source(s):BankofThailandPriceindexofsingle-detachedhouseinBangkokMetropolitanRegion,Thailandfrom2013to2023BMRsingle-detachedhousepriceindexThailand2013-2023160147.1141.6135.9140133.2128124.4117.6118.3115.5120100806040200112.2107.12013201420152016201720182019202020212022202327Description:In2023,thesingle-detachedhousepriceindexinBangkokMetropolitanRegionamountedto147.1points.Thepriceindexofsingle-detachedhouseshadshownincreasessince2013.ReadmoreNote(s):Thailand;2013to2023;single-detachedhousepriceindexincludeslandSource(s):BankofThailandPriceindexoftownhouseinBangkokMetropolitanRegion,Thailandfrom2013to2023BMRtownhousepriceindexThailand2013-2023200180160174.1167.4160.6156.3150144.5138.3134.214012010080129.9121.511160402002013201420152016201720182019202020212022202328Description:In2023,thetownhousepriceindexinBangkokMetropolitanRegionamountedto174.1points.Thepriceindexoftownhousesinthecountryhadshownincreasessince2013.ReadmoreNote(s):Thailand;2013to2023;townhousepriceindexincludeslandSource(s):BankofThailandPriceindexofcondominiumsinBangkokMetropolitanRegion,Thailandfrom2013to2023BMRandvicinitiescondopriceindexThailand2013-2023250200193.3184.5180.4170.1163.3162.8156.5152.415010050136.9125.1111.202013201420152016201720182019202020212022202329Description:In2023,thecondominiumpriceindexinBangkokMetropolitanRegionamountedto193.3points.Thepriceindexofcondominiumsinthecountryhasshownincreasessince2013.ReadmoreNote(s):Thailand;2013to2023;condominiumpriceindexcoversonlyBangkokanditsvicinitiesSource(s):BankofThailandLandpriceindexofBangkokMetropolitanRegion,Thailandfrom2013to2023BMRlandpriceindexThailand2013-2023200180160140182.5180.2177.7163.4152.1151.4149147.8137.8123.9113.21201008060402002013201420152016201720182019202020212022202330Description:In2023,thepriceindexoflandintheBangkokMetropolitanRegionstoodat182.5points,indicatinganincreasefromthepreviousyear.Thepriceindexoflandinthecountrywasatitslowestin2013andhasshownagradualincreasewithslightfluctuationssincethen.ReadmoreNote(s):Thailand;2013to2023Source(s):BankofThailandAveragesellingpricepersquaremeterofBangkokcondominiumsinThailandin2ndquarter2023,bylocation(in1,000Thaibaht)AveragesellingpriceofBangkokcondosThailandQ22023,bylocationAveragesellingpriceinthousandThaibaht050100150200250300CentralbusinessdistrictCityfringe248121.3Bangkoksuburbs6831Description:Inthesecondquarterof2023,theaveragesellingpricepersquaremeterofBangkokcondominiumsinthecentralbusinessdistrictwasaroundaround248,000Thaibaht.Though,thecityfringeandBangkoksuburbsareamongthepopularlocationsforBangkokcondominiums.ReadmoreNote(s):Thailand;Q22023Source(s):KnightFrankCHAPTER
05CondominiumNumberofcondominiumregistrationsinThailandfrom2013to2022NumberofcondominiumregistrationsThailand2013-2022140,000117,600120,000100,00080,00060,00040,00020,0000113,395108,175102,200101,58186,11772,52170,84155,23650,080201320142015201620172018201920202021202233Description:In2022,thenumberofcondominiumregistrationsinThailandreached55,236units.Thiswasanincreasecomparedtothepreviousyear.However,thenumberofregistrationspeakedin2015with117,600units.
ReadmoreNote(s):Thailand;2013to2022Source(s):BankofThailand;DepartmentofLandsThailand;NationalStatisticalOffice(Thailand);RealEstateInformationCenterNumberofcondominiumregistrationsinBangkok,Thailandfrom2013to2022NumberofcondominiumregistrationsinBangkok,Thailand2013-202270,00060,00057,54456,60250,60250,00044,20841,85942,08141,18640,00030,00020,00010,000034,49034,74025,113201320142015201620172018201920202021202234Description:In2022,thenumberofcondominiumregistrationsinBangkok,Thailandreached34,740units.Thiswasanincreasecomparedtothepreviousyear.However,thenumberofregistrationspeakedin2020with57,544units.
ReadmoreNote(s):Thailand;2013to2022Source(s):BankofThailand;DepartmentofLandsThailand;NationalStatisticalOffice(Thailand);RealEstateInformationCenterDemandofBangkokcondominiumsinThailandfrom1stquarter2021to2ndquarter2023DemandofBangkokcondosThailandQ12021-Q220238,0007,0006,0005,0004,0003,0002,0007,0745,0803,3243,0183,0252,8352,5811,3409938791,0000Q12021Q22021Q32021Q42021Q12022Q22022Q32022Q42022Q12023Q2202335Description:Inthesecondquarterof2023,thedemandofBangkokcondominiumsinThailandamountedtoaround3.32thousandunits,whichincreasedfromthepreviousquarter.Inthesameperiod,thenewsupplyforBangkokcondominiumswasaround11.93thousandunits.ReadmoreNote(s):Asia,Thailand;Q12021toQ22023Source(s):KnightFrankNewsupplyofBangkokcondominiumsinThailandfrom2ndquarter2020to2ndquarter2023NewsupplyofBangkokcondosThailandQ22020-Q2202318,00016,00014,00012,00016,24715,16411,93011,2529,82110,0008,9537,9438,0006,0004,0002,00007,1484,1964,0223,6342,6592,312Q22020Q32020Q42020Q12021Q22021Q32021Q42021Q12022Q22022Q32022Q42022Q12023Q2202336Description:Inthesecondquarterof2023,thenewsupplyofBangkokcondominiumsinThailandamountedtoapproximately11.93thousandunits,whichwasasignificantincreasefromthepreviousquarter.Inthatsameperiod,thesalesrateofnewcondominiumsinBangkokdecreasedby27.9percent.ReadmoreNote(s):Asia,Thailand;Q22020toQ22023Source(s):KnightFrankSalesrateofBangkokcondominiumsinThailandfrom1stquarter2021to2ndquarter2023SalesrateofBangkokcondosThailandQ12021-Q2202380%73%70%60%50%43.5%42.3%38%40%30%20%10%0%37%33.5%30.7%28.8%27.9%25.2%Q12021Q22021Q32021Q42021Q12022Q22022Q32022Q42022Q12023Q2202337Description:Inthesecondquarterof2023,thesalesrateofBangkokcondominiumsinThailandwas27.9percent.Inthatsameperiod,thenewsupplyofBangkokcondominiumsamountedtoalmost12thousandunits.ReadmoreNote(s):Asia,Thailand;Q212021toQ22023Source(s):KnightFrankNumberofcondominiumownershiptransferstoforeignersinThailandfrom1stquarter2018to3rdquarter2023NumberofcondominiumssoldtoforeignersinThailandQ12018-Q320234,5004,0003,5003,0002,5002,0001,5001,0005000Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q32018
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202338Description:Inthethirdquarterof2023,thenumberofcondominiumownershiptransferstoforeignersinThailandamountedto3,365units.Meanwhile,inthepreviousquarter,foreignersboughtfewercondominiumsat3,563units.Sincethethelastquarterof2022,thenumberoftransferredunitshasstayedrelativelyhigh.ReadmoreNote(s):Thailand;Q12018toQ32023Source(s):DepartmentofLandsThailand;RealEstateInformationCenterCHAPTER
06RentalmarketRentindexscoreofthecityofBangkokinThailandfrom2015to2022RentindexscoreofBangkok,Thailand2015-20223026.526.226.226.326.225.624.62425201510502015201620172018201920202021202240Description:In2022,thecapitalcityofBangkokinThailandhadarentindexscoreof26.5,indicatinganincreasefromthepreviousyear.IntheAsiaPacificregion,ShanghaiinChinahadthehighestrentindexscoreꢀasof2023.ReadmoreNote(s):Thailand;2015to2022Source(s):NumbeoRentaldemandindexofhousinginBangkok,Thailandfrom1stquarterof2018to2ndquarterof2023BangkokrentaldemandindexThailandQ12018-Q22023300250200251236176160156150134Q1125Q4105Q31009494941005087858580777776757269Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q2Q3Q4Q1Q22018
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202341Description:Inthesecondquarterof2023,therentaldemandindexforhousinginBangkokwasat176points.Thiswasadecreasecomparedtothevalueinthesameperiodofthepreviousyear.
ReadmoreNote(s):Asia,Thailand;Q12018toQ22023Source(s):DDProperty;PropertyGuruGroupShareofhousingforrentinBangkok,Thailandin3rdquarterof2023,bypricerangeShareofhousingforrentinBangkokThailandQ32023,bypricerangeShareofrentalhousing30%0%10%20%40%50%60%<10,00010,000to30,00030,000to50,00050,000to100,000>100,0008%51%18%16%7%42Description:Inthethirdquarterof2023,therentalhousespricedbetween10,000to30,000hadthehighestshareofunitsavailable.Incomparison,theminorityofthehousingforrentinBangkokhadapricerangeofmorethan100,000Thaibaht.
ReadmoreNote(s):Thailand;Q32023Source(s):DDPropertyCHAPTER
07LuxuryhousingNumberofluxuryhousingpricedat10millionThaibahtandaboveinBangkok,Thailandin1sthalf2023,bytypeBangkokluxuryhousingsupplyThailandH12023,byt
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