Thailand’s real estate market is expected to experience steady growth in 2024–2025, with some key trends including:
Luxury properties
Demand for luxury condos and beachfront villas is increasing, particularly in areas like Pattaya, Hua Hin, and Koh Samui.
Mixed-use developments
These developments are becoming more popular, especially with expatriates, as they offer a variety of spaces in one location.
Emerging areas
Areas like Chiang Rai and Rayong are gaining attention from foreign investors due to their affordable property prices and growth potential.
Alternative assets
Investors and developers are increasingly focusing on alternative assets, such as data centers, as a way to grow in sectors that are traditionally less active.
Foreign investment
The Thai real estate market is expected to benefit from increased foreign investment.
Tourism
The expanding tourism sector is expected to support growth in the real estate market.
However, there are also some factors that could negatively impact the real estate market in 2025, including: High household debt, Strict lending policies, Geopolitical conflicts, Economic policies of the new US president, and The fragile economic recovery in China.
The Real Estate Information Center (REIC) also expects housing prices to rise in 2025 due to increasing costs affecting new projects.
