Research

Bangkok Residential Market Update Q3 2023

Rising rents and the low unsold rate fuel optimism in the market.

December 01, 2023

Contributors:

Anawin Chiamprasert
Nichakamol Horungruang

Highlights

Rental demand picks up, and the buying market remains limited
Future supply to total over 5,600 units
Rents hit an all-time high along with capital increases
Outlook: Luxury market likely to improve as economy and tourism recover

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