Thailand Real Estate Market (2026-2032) | Outlook, Size, Revenue, Trends, Growth, Share, Value, Companies, Industry, Analysis & Forecast

Market Forecast By Property (Residential, Commercial, Industrial, Land, Others), By Type (Sales, Rental, Lease) And Competitive Landscape

Product Code: ETC269605 Publication Date: Aug 2022 Updated Date: Dec 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Thailand Real Estate Market Highlights

Report Name Thailand Real Estate Market
Forecast period 2026-2032
CAGR 6.59%
Growing Sector Commercial

Topics Covered in the Thailand Real Estate Market

Thailand Real Estate Market report thoroughly covers the market by property and by type. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Thailand Real Estate Market Synopsis

The Thailand Real Estate Market refers to the buying, selling, and leasing of residential, commercial, and industrial properties in Thailand. This market is influenced by factors such as economic stability, urbanization, foreign investment, and tourism. The growth of the real estate market in Thailand can be attributed to the country`s attractiveness as a tourist destination and its economic development. Trends in property prices, regulatory changes, and demographics significantly impact this market.

According to 6Wresearch, the Thailand Real Estate Market is projected to grow at a compound annual growth rate (CAGR) of 6.59% during the forecast period (2026–2032). The country’s steady economic growth has contributed to a robust Thailand real estate market growth. A growing economy leads to increased demand for both residential and commercial properties. Also, Thailand is a popular tourist destination, and this drives demand for hospitality and short-term rental properties, especially in major tourist areas. Additionally, urbanization trends have led to a demand for residential and commercial properties in major cities. This includes commercial spaces, condominiums, and retail spaces. However, the regulatory environment in Thailand is complex, and foreign investors face restrictions on property ownership, which can impact investment decisions. Apart from this, there is a growing trend towards sustainability in the real estate sector, with a focus on energy-efficient and environmentally friendly buildings. The rise of flexible working arrangements has led to surging demand for co-working spaces. Areas with a strong tourism industry present opportunities for investment in hospitality properties and short-term rentals. The future of the Thailand real estate market will be influenced by continued economic growth, government policies, and evolving consumer preferences. 

Government policies and schemes introduced in the Thailand Real Estate Market

The government has been introducing several policies in the Thailand Real Estate Industry. For instance, Land and Building Tax Act. This act introduced a new tax on land and buildings in Thailand. It is intended to encourage efficient use of land and reduce land speculation. The Thai government has designated certain areas as SEZs to attract investment and stimulate economic growth. These zones have specific incentives for real estate development. The government introduced various programs to promote affordable housing, which involve incentives for developers to build low- and middle-income housing. Some Thai cities have embarked on initiatives to become "smart cities," leveraging technology and data to enhance urban living. This impacts real estate development, particularly in terms of incorporating smart features into properties.

Key Players in the Market

The Thailand Real Estate market is characterized by leading property developers such as Sansiri Public Company Limited, Land and Houses Public Company Limited, and Pruksa Real Estate Public Company Limited. These companies have a strong presence in residential and commercial real estate development across Thailand.

Market Analysis by Property

According to Mohit, Senior Research Analyst, at 6Wresearch, the industrial real estate sector dominates the Thailand Real Estate Market Share due to growth in e-commerce and the need for efficient supply chain management. Also, the country’s strategic location in Southeast Asia makes it a favourable destination for logistics and manufacturing industries.

Key Attractiveness of the Report

  • 10 Years of Market Numbers.
  • Historical Data Starting from 2022 to 2025.
  • Base Year: 2025
  • Forecast Data until 2032.
  • Key Performance Indicators Impacting the market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Thailand Real Estate Market Outlook
  • Market Size of Thailand Real Estate Market, 2025
  • Forecast of Thailand Real Estate Market, 2032
  • Historical Data and Forecast of Thailand Real Estate Revenues & Volume for the Period 2022-2032
  • Thailand Real Estate Market Trend Evolution
  • Thailand Real Estate Market Drivers and Challenges
  • Thailand Real Estate Price Trends
  • Thailand Real Estate Porter's Five Forces
  • Thailand Real Estate Industry Life Cycle
  • Historical Data and Forecast of Thailand Real Estate Market Revenues & Volume By Property for the Period 2022-2032
  • Historical Data and Forecast of Thailand Real Estate Market Revenues & Volume By Residential for the Period 2022-2032
  • Historical Data and Forecast of Thailand Real Estate Market Revenues & Volume By Commercial for the Period 2022-2032
  • Historical Data and Forecast of Thailand Real Estate Market Revenues & Volume By Industrial for the Period 2022-2032
  • Historical Data and Forecast of Thailand Real Estate Market Revenues & Volume By Land for the Period 2022-2032
  • Historical Data and Forecast of Thailand Real Estate Market Revenues & Volume By Others for the Period 2022-2032
  • Historical Data and Forecast of Thailand Real Estate Market Revenues & Volume By Type for the Period 2022-2032
  • Historical Data and Forecast of Thailand Real Estate Market Revenues & Volume By Sales for the Period 2022-2032
  • Historical Data and Forecast of Thailand Real Estate Market Revenues & Volume By Rental for the Period 2022-2032
  • Historical Data and Forecast of Thailand Real Estate Market Revenues & Volume By Lease for the Period 2022-2032
  • Thailand Real Estate Import Export Trade Statistics
  • Market Opportunity Assessment By Property
  • Market Opportunity Assessment By Type
  • Thailand Real Estate Top Companies Market Share
  • Thailand Real Estate Competitive Benchmarking By Technical and Operational Parameters
  • Thailand Real Estate Company Profiles
  • Thailand Real Estate Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Property

  • Residential
  • Commercial
  • Industrial
  • Land
  • Others

By Type

  • Sales
  • Rental
  • Lease

Thailand Real Estate Market (2026-2032): FAQS

Bangkok, Phuket, Chiang Mai, and Pattaya are the major cities for real estate investment in the country.
In general, location, infrastructure development, and economic trends play significant roles in influencing property prices in the country.
The market has been resilient, with robust growth in recent years.
Yes, the Board of Investment (BOI) offers incentives to certain types of real estate projects.
6Wresearch actively monitors the Thailand Real Estate Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Thailand Real Estate Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 Thailand Real Estate Market Overview
3.1 Thailand Country Macro Economic Indicators
3.2 Thailand Real Estate Market Revenues & Volume, 2022 & 2032F
3.3 Thailand Real Estate Market - Industry Life Cycle
3.4 Thailand Real Estate Market - Porter's Five Forces
3.5 Thailand Real Estate Market Revenues & Volume Share, By Property, 2022 & 2032F
3.6 Thailand Real Estate Market Revenues & Volume Share, By Type, 2022 & 2032F
4 Thailand Real Estate Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.2.1 Growing urban population and increasing urbanization rate in Thailand
4.2.2 Favorable government policies and incentives for real estate development
4.2.3 Rising disposable income and improving living standards driving demand for residential properties
4.3 Market Restraints
4.3.1 Economic uncertainty and fluctuations affecting investor confidence
4.3.2 Regulatory changes impacting real estate development projects
4.3.3 Increasing construction costs and inflation affecting overall affordability
5 Thailand Real Estate Market Trends
6 Thailand Real Estate Market, By Types
6.1 Thailand Real Estate Market, By Property
6.1.1 Overview and Analysis
6.1.2 Thailand Real Estate Market Revenues & Volume, By Property, 2022-2032F
6.1.3 Thailand Real Estate Market Revenues & Volume, By Residential, 2022-2032F
6.1.4 Thailand Real Estate Market Revenues & Volume, By Commercial, 2022-2032F
6.1.5 Thailand Real Estate Market Revenues & Volume, By Industrial, 2022-2032F
6.1.6 Thailand Real Estate Market Revenues & Volume, By Land, 2022-2032F
6.1.7 Thailand Real Estate Market Revenues & Volume, By Others, 2022-2032F
6.2 Thailand Real Estate Market, By Type
6.2.1 Overview and Analysis
6.2.2 Thailand Real Estate Market Revenues & Volume, By Sales, 2022-2032F
6.2.3 Thailand Real Estate Market Revenues & Volume, By Rental, 2022-2032F
6.2.4 Thailand Real Estate Market Revenues & Volume, By Lease, 2022-2032F
7 Thailand Real Estate Market Import-Export Trade Statistics
7.1 Thailand Real Estate Market Export to Major Countries
7.2 Thailand Real Estate Market Imports from Major Countries
8 Thailand Real Estate Market Key Performance Indicators
8.1 Average selling price per square meter of residential properties in key cities
8.2 Percentage of population living in urban areas
8.3 Number of new real estate development projects approved by government regulatory bodies
8.4 Rental yield percentage for residential and commercial properties
8.5 Average occupancy rate for residential and commercial properties
9 Thailand Real Estate Market - Opportunity Assessment
9.1 Thailand Real Estate Market Opportunity Assessment, By Property, 2022 & 2032F
9.2 Thailand Real Estate Market Opportunity Assessment, By Type, 2022 & 2032F
10 Thailand Real Estate Market - Competitive Landscape
10.1 Thailand Real Estate Market Revenue Share, By Companies, 2025
10.2 Thailand Real Estate Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
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