Phuket Property Watch Your Eyes on Real Estate in Thailand
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Recent news in the Thailand property market suggests significant shifts and trends are underway. According to the Bangkok Post, recovery of the condominium market is not expected until 2027. This extended recovery period suggests a deep and lasting impact due to economic and market factors. Meanwhile, Real Estate Asia reports an increase in demand for ready-built factories in Thailand, despite a stagnating supply. This indicates a potential growth area within the industrial market. Additionally, the same source notes that the industrial market in Thailand is undergoing a structural shift, suggesting significant changes in both the type of properties being demanded and the manner in which they’re being used. On a broader regional scale, cities like Tokyo, Singapore, and Taipei are witnessing shifts in their respective property markets. Tokyo leads the global prime residential index in H1, while Singapore private home prices are expected to rise by 4-5% this year. In Taipei, there is an anticipated 30MW worth of new data centre capacity by year-end. As for Delhi’s data centre market, the vacancy rate is projected to decline in H2 2025. These global trends could have potential influence on Thailand’s property market, as international investors consider their options across the region. As the property market continues to shift and evolve, it’s crucial for investors and homebuyers to stay informed about the latest trends and projections.
