In the first half of 2025, the condominium market in Thailand, according to a report by Knight Frank Thailand, slowed sharply as large developers such as Sansiri, Sena, Major Development and SC Asset postponed the launch of projects. Not a single significant new condominium project has been launched in the last six months.The number of unsold properties remains high and the sales rate is low.
However, there are opportunities in the secondary market, where discounts of up to 30 and 40% are offered, the Retalk Asia publication notes.
Meanwhile, the real estate market has shown resilience.
Housing worth 5 million 10 million baht (157,000 314,000 USD)It is still in high demand due to the willingness of banks to issue loans and the desire of young buyers to purchase real estate for long-term residence.At the same time, sales of properties worth more than 20 million baht ($629,000) are slower, as many buyers are waiting for more political and economic clarity before making a decision.
Source: Retalk Asia
