Leader ∙ BCP

Aphatsanan Phaknarathanaset

Aphatsanan  Phaknarathanaset profile picture

About Aphatsanan Phaknarathanaset

Aphatsanan (nan) is the Leader Real Estate agent, and working for IQI Thailand Real Estate Broker in Thailand. If you are looking for sell buy rent invest properties in Thailand. You can contact us immediaetly via mobile phone no. +66 636424295 ⓕ Facebook Page : https://www.facebook.com/RealtorAphat... Aphatsanan (nan) is the Leader Real Estate agent, and working for IQI Thailand Real Estate Broker in Thailand. If you are looking for sell buy rent invest properties in Thailand. You can contact us immediaetly via mobile phone no. +66 636424295 ⓕ Facebook Page : https://www.facebook.com/RealtorAphatsanan?mibextid=LQQJ4d📱 Instagram: https://instagram.com/aphatsanan_phaknarathanaset?igshid=YWJhMjlhZTc=🌐Website: http://www.aphatsanan.com/(line) Chat : https://line.me/ti/p/1v-uWUyoAT☎️ Tel : +66636424295

7 years at IQI

35 transactions

48 properties on sale

4 properties on rent

Aphatsanan Phaknarathanaset's Service Locations

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Empty land for sale 3,950,000 baht Country Garden Khlong 3 Project photo

Empty land for sale 3,950,000 baht Country Garden Khlong 3 Project

Khlong Luang Road, Khlong Sam Subdistrict, Khlong Luang District, Pathum Thani

606
802 m²
3208 m²

Rp 2,135,281,915

Listed on December 10, 2023

3-Story Townhouse for Sale, very good Condition, Ready to Move In Thararin Gardenville Bangna (Soi Bearing 25)  photo

3-Story Townhouse for Sale, very good Condition, Ready to Move In Thararin Gardenville Bangna (Soi Bearing 25)

MJ3G+649, Khwaeng Bang Na, Khet Bang Na, Bangkok 10270

3
3
568
22.4 m²
180 m²

Rp 1,540,646,445

Listed on May 1, 2026

The Excel Groove Lasalle 52 Alley Condo for sale  photo

The Excel Groove Lasalle 52 Alley Condo for sale

19 Soi Lasalle 52, Bang Na Tai, Bang Na, Bangkok 10260

1
1
687
7.7 m²
30.93 m²

Rp 837,895,435

Listed on July 25, 2023

Empty land for sale with business in saraburi province thailand photo

Empty land for sale with business in saraburi province thailand

Nong Rong Subdistrict, Nong Khae District, Saraburi Province

582
5985 m²
23940 m²

Rp 18,920,219,500

Listed on December 10, 2023

Vimberly Home Sukhumvit 105 Lasalle Soi 1 photo

Vimberly Home Sukhumvit 105 Lasalle Soi 1

Bangkok Bangna Province Bangkok 10260

4
3
568
24 m²
140 m²

Rp 2,432,599,650

Listed on April 25, 2024

Condo for sale CHEWATHAI PHETKASEM 27   photo

Condo for sale CHEWATHAI PHETKASEM 27

83 1 Phet Kasem Rd, Bang Wa, Phasi Charoen, Bangkok 10160

1
1
569
8.25 m²
33 m²

Rp 1,513,617,560

Listed on April 19, 2024

- For Sale: 4-story apartment building in Ladprao Soi 83, prime location near BTS Skytrain & Big C. photo

- For Sale: 4-story apartment building in Ladprao Soi 83, prime location near BTS Skytrain & Big C.

Soi Ladprao 83, Ladprao, Wang Thonglang Subdistrict, Wang Thonglang District, Bangkok 10310

19
897
111 m²
444 m²

Rp 6,757,221,250 /month

Listed on March 26, 2026

Sale Chaiyaphruek Pinklao-Kanchana photo

Sale Chaiyaphruek Pinklao-Kanchana

Bang Yai-Bang Khu Lat Rd., Bang Yai Subdistrict, Bang Yai District, Nonthaburi 11140

3
3
477
50.3 m²
136 m²

Rp 2,643,424,953

Listed on April 20, 2024

Luxury 2-Story House for Sale Baan Lat Phrao 1 photo

Luxury 2-Story House for Sale Baan Lat Phrao 1

Khlong Chan, Bang Kapi, Bangkok 10240

6
508
500 m²
152.5 m²

Rp 18,920,219,500

Listed on May 1, 2026

Selling a 2-storey single house, Land and House project, Manthana Onnut-Wongwan 1  photo

Selling a 2-storey single house, Land and House project, Manthana Onnut-Wongwan 1

97 Sukhaphiban 2 Rd, Dok Mai, Prawet, Bangkok 10250

3
3
611
55.8 m²
244 m²

Rp 4,054,332,750

Listed on September 18, 2024

Detached House for sale Panya Pattanakarn Village at Pattanakarn 30 photo

Detached House for sale Panya Pattanakarn Village at Pattanakarn 30

Phatthanakan 30, Suan Luang Subdistrict, Suan Luang District, Bangkok 10250

3
3
588
83.9 m²
171 m²

Rp 12,703,575,950

Listed on May 20, 2024

Single house for sale, Mandana Onnut-Wongwaen 4, in excellent condition, ready to move in, near Mega Bangna. photo

Single house for sale, Mandana Onnut-Wongwaen 4, in excellent condition, ready to move in, near Mega Bangna.

Mantana Onnut-Wongwaen 4, Kanchanaphisek Road, Dok Mai Subdistrict, Prawet District, Bangkok 10250

4
3
536
231 m²
70.3 m²

Rp 5,838,239,160

Listed on May 1, 2026

House for sale Natura Bangna KM.5  photo

House for sale Natura Bangna KM.5

JMW7+33Q M Natura Bangna, Bang Kaeo, Amphoe Bang Phli, Chang Wat Samut Prakan 10540

3
2
375
150 m²
38.5 m²

Rp 2,108,253,030

Listed on June 5, 2026

Large detached house for sale with 2 rai of land in Ban Rai District, Uthai Thani Province. photo

Large detached house for sale with 2 rai of land in Ban Rai District, Uthai Thani Province.

Ban Rai Uthai Thani

4
2
409
366 m²
800 m²

Rp 4,054,332,750

Listed on June 5, 2026

Sale/Rent Sale and Rent  Wayra Biznet Home office project Romklao-Suvarnabhumi photo

Sale/Rent Sale and Rent Wayra Biznet Home office project Romklao-Suvarnabhumi

18 1 Rom Klao Rd, Khlong Sam Prawet, Lat Krabang, Bangkok 10520

4
3
636
21.3 m²
195 m²

Rp 2,162,310,800

Listed on October 10, 2023

Single house for sale, Manthana Village, Ramintra-Wongwaen. photo

Single house for sale, Manthana Village, Ramintra-Wongwaen.

Single house for sale, Manthana Village, Ramintra-Wongwaen.

3
3
620
56 m²
168 m²

Rp 3,351,581,740

Listed on October 14, 2023

Empty land for sale with buildings 6-0-5 rai, Bang Bua Thong, Nonthaburi photo

Empty land for sale with buildings 6-0-5 rai, Bang Bua Thong, Nonthaburi

Bang Bua Thong, Nonthaburi

464
2405 m²
9620 m²

Rp 270,288,850,000

Listed on March 14, 2024

For sale 4 storey building suitable for doing office at Karnchanaburi photo

For sale 4 storey building suitable for doing office at Karnchanaburi

Lahan Subdistrict, Bang Bua Thong District , Nontaburi Province

480
2405 m²
9620 m²

Rp 270,288,850,000

Listed on December 9, 2023

For sale Baan Klang Muang British Town Srinakarin  photo

For sale Baan Klang Muang British Town Srinakarin

Samut Prakan, Mueang Samut Prakan, Samrong Nuea

3
4
454
21.6 m²
185 m²

Rp 2,162,310,800

Listed on April 19, 2024

For sale Niche Mono Mega Space Bangna photo

For sale Niche Mono Mega Space Bangna

Bang Kaeo, Bang Phli District, Samut Prakan 10540

1
1
540
7.5 m²
30 m²

Rp 1,783,906,410

Listed on April 19, 2024

House For SaleBaan Prachaniwet 2  Village photo

House For SaleBaan Prachaniwet 2 Village

Tha Sai Subdistrict, Mueang Nonthaburi District, Nonthaburi

3
3
440
150 m²
180 m²

Rp 5,892,296,930

Listed on May 20, 2024

5 storey Commercial building for sale, 2 units, Nam Daeng - Bang Phli Road, near 2 electric train lines and near the expressway. photo

5 storey Commercial building for sale, 2 units, Nam Daeng - Bang Phli Road, near 2 electric train lines and near the expressway.

Nam Daeng-Bang Phli Road, Bang Kaeo Subdistrict, Bang Phli District, Samut Prakan Province 10540

6
5
879
66 m²
660 m²

Rp 16,757,908,700 /month

Listed on November 7, 2025

Single house for sale, Grand Britania Bangna - Bang Phli, corner unit, Bangna-Trat Road, KM 35. photo

Single house for sale, Grand Britania Bangna - Bang Phli, corner unit, Bangna-Trat Road, KM 35.

559/9 Bang Bo, Bang Bo District, Samut Prakan 10560

4
4
466
200 m²
54.5 m²

Rp 5,405,777,000

Listed on May 1, 2026

For sale condo Supalai Casa Riva Fronte 1 photo

For sale condo Supalai Casa Riva Fronte 1

780 Charoen Krung Rd, Bang Kho Laem, Bangkok 10120

2
2
608
27.5 m²
110 m²

Rp 4,454,360,248

Listed on July 26, 2023

For Sale & For Rent Supalai Oriental Sukhumvit 39  photo

For Sale & For Rent Supalai Oriental Sukhumvit 39

Soi Sukhumvit 39, Khlong Tan Nuea Subdistrict, Watthana District, Khlong Tan Nuea, Watthana, Bangkok 10110

2
2
576
20.37 m²
81.5 m²

Rp 6,919,394,560

Listed on June 8, 2024

Townhome for sale Pleno Sukhumvit-Bangna  photo

Townhome for sale Pleno Sukhumvit-Bangna

98, Bang Kaeo, Bang Phli District, Samut Prakan 10540

3
2
528
21.1 m²
106.5 m²

Rp 2,432,599,650

Listed on June 29, 2023

Commercial building for sale, prime location, next to the main road, Sukhumvit Soi 109. photo

Commercial building for sale, prime location, next to the main road, Sukhumvit Soi 109.

, Sukhumvit Soi 109. Samrong Nuea Subdistrict, Mueang Samut Prakan District, Samut Prakan 10270

501
24.9 m²
528 m²

Rp 13,514,442,500

Listed on October 14, 2023

Apartment for sale in Soi Thetsaban Bang Pu 43,  from the BTS sai luad station only 200 meters photo

Apartment for sale in Soi Thetsaban Bang Pu 43, from the BTS sai luad station only 200 meters

Thetsaban Bang Pu 43

20 Above
569
100 m²
1160 m²

Rp 4,324,621,600

Listed on February 22, 2024

Luxury 2-story detached house for sale in Burasiri Krungthep Kreetha near Airport Rail Link and Brighton International School. photo

Luxury 2-story detached house for sale in Burasiri Krungthep Kreetha near Airport Rail Link and Brighton International School.

95 Soi Pracha Ruam Chai, Hua Mak, Bang Kapi, Bangkok 10240

4
4
445
238 m²
65.2 m²

Rp 11,298,073,930

Listed on June 5, 2026

Land and building for sale on Srinakarin Road, next to MRT Yellow Line (Sri Dan Station)  photo

Land and building for sale on Srinakarin Road, next to MRT Yellow Line (Sri Dan Station)

Moo 5 Srinagarindra Rd, Samrong Nuea, Mueang Samut Prakan District, Samut Prakan 10270

517
236 m²
944 m²

Rp 16,217,331,000

Listed on September 15, 2024

Land for sale with buildings, office buildings and houses on Senanikhom 1 Road photo

Land for sale with buildings, office buildings and houses on Senanikhom 1 Road

Phahonyothin Alley, Lat Phrao, Bangkok 10230

455
392.9 m²
1571.6 m²

Rp 64,869,324,000

Listed on September 18, 2024

Selling House and resort in Rayong Province photo

Selling House and resort in Rayong Province

Ban Phe District, Rayong Province.

507
350.1 m²
1400.4 m²

Rp 11,352,131,700

Listed on September 17, 2024

Factory or warehouse for sale, factory or warehouse Si Maha Phot District Prachinburi Province (a purple area) photo

Factory or warehouse for sale, factory or warehouse Si Maha Phot District Prachinburi Province (a purple area)

Si Maha Phot District Prachinburi Province

475
8808.5 m²
35234 m²

Rp 118,927,094,000

Listed on May 20, 2024

Land for sale on Bangna-Trad Road Km.39 photo

Land for sale on Bangna-Trad Road Km.39

Bang Wua Subdistrict, Bang Pakong District, Chachoengsao Province

922
18330 m²
73321 m²

Rp 295,106,231,629 /month

Listed on July 23, 2025

For sale ELIO DEL NEST Udomsuk photo

For sale ELIO DEL NEST Udomsuk

393 Udom Suk Rd, Bang Na Nuea, Bang Na, Bangkok 10260

1
1
501
7.81 m²
31.24 m²

Rp 1,783,906,410

Listed on March 12, 2024

For Sale/Rent: Custom-Built 2-Story Detached House in Ratchada Niwet 14, Minimalist Modern Style, in the Heart of Ratchada photo

For Sale/Rent: Custom-Built 2-Story Detached House in Ratchada Niwet 14, Minimalist Modern Style, in the Heart of Ratchada

Soi Ratchadanives 14 (main road), Pracha Uthit 19 (secondary road), Ratchadaphisek, Sam Sen Nok Subdistrict, Huai Khwang District, Bangkok 10310

4
3
546
250 m²
68 m²

Rp 11,352,131,700

Listed on May 1, 2026

Single house for sale, Grand Britania Bangna - Bang Phli, corner unit, Bangna-Trat Road, KM 35. photo

Single house for sale, Grand Britania Bangna - Bang Phli, corner unit, Bangna-Trat Road, KM 35.

222, Bang Phli Noi, Bang Bo District, Samut Prakan 10560

4
4
386
200 m²
54.5 m²

Rp 5,405,777,000

Listed on June 5, 2026

Saransiri Village Tiwanon-Chaengwattana photo

Saransiri Village Tiwanon-Chaengwattana

88 Tiwanon Rd, Ban Mai, Mueang Pathum Thani District, Pathum Thani 12000

3
2
459
57.8 m²
129 m²

Rp 2,643,424,953

Listed on April 19, 2024

2 bedrooms for rent in thailand near river Chapter Charoennakhorn-Riverside photo

2 bedrooms for rent in thailand near river Chapter Charoennakhorn-Riverside

1403 Charoen Nakhon Rd, Bang Lamphu Lang, Khlong San, Bangkok 10600

2
1
624
12.22 m²
48.91 m²

Rp 21,623,108 /month

Listed on April 20, 2024

For Sale Land Manee Village Project Manee Lake & Lagoon Rangsit-Pathumthanee  photo

For Sale Land Manee Village Project Manee Lake & Lagoon Rangsit-Pathumthanee

Soi Ban Klang 1/4, Ban Klang Subdistrict, Mueang Pathum Thani District. Pathum Thani Province

499
145 m²
580 m²

Rp 1,892,021,950

Listed on December 10, 2023

For sale, 4.5-story shophouse Charansanitwong Soi 4, near (Tha Phra Temple) photo

For sale, 4.5-story shophouse Charansanitwong Soi 4, near (Tha Phra Temple)

Charan Sanitwong 4

758
37 m²
594 m²

Rp 3,784,043,900

Listed on May 20, 2024

For sale 2-storey single house, Soi Tung Setthi, Intersection 15, near Ramkhamhaeng University 2 (ready to transfer) photo

For sale 2-storey single house, Soi Tung Setthi, Intersection 15, near Ramkhamhaeng University 2 (ready to transfer)

Dok Mai, Prawet, Bangkok 10250

5
8
513
200 m²
1480 m²

Rp 26,488,307,300

Listed on October 31, 2024

For sale condo  Chatrium Riverside Residence 19,000,000 baht photo

For sale condo Chatrium Riverside Residence 19,000,000 baht

28 Charoen Krung Road, Wat Phraya Krai, Bang Kho Laem, Bangkok 10120

2
2
492
30.71 m²
122.84 m²

Rp 10,270,976,300

Listed on November 19, 2023

Selling vacant land, area 23 rai 3 ngan 81 square wah, Ban Khlong Suan Subdistrict, Phra Samut Chedi District photo

Selling vacant land, area 23 rai 3 ngan 81 square wah, Ban Khlong Suan Subdistrict, Phra Samut Chedi District

Ban Khlong Suan Subdistrict, Phra Samut Chedi District

512
9582.1 m²
37181 m²

Rp 29,823,671,709

Listed on September 18, 2024

Townhome for sale Golden City Chaengwattana-Muang Thong, Manchester model, English style photo

Townhome for sale Golden City Chaengwattana-Muang Thong, Manchester model, English style

98 32 Soi 5, Pak Kret District, Nonthaburi 11120

5
4
573
20.4 m²
168 m²

Rp 2,973,177,350

Listed on May 20, 2024

Leasing right commercial buildings near Yaowarat. 1 unit, 2.5 storey  photo

Leasing right commercial buildings near Yaowarat. 1 unit, 2.5 storey

Chakkrawat road ,Khet Samphanthawong, Bangkok 10100

591
30 m²
120 m²

Rp 11,892,709,400

Listed on September 30, 2023

2-story detached house for sale in Soi Nawamin 24 near The Mall Bangkapi. photo

2-story detached house for sale in Soi Nawamin 24 near The Mall Bangkapi.

Soi Nawamin 24

4
3
594
50.5 m²
165 m²

Rp 2,675,859,615

Listed on February 22, 2024

Condo for sale: Asakan Place Srinakarin, next to the main road Srinakarin-Phatthanakan, near 3 BTS lines. photo

Condo for sale: Asakan Place Srinakarin, next to the main road Srinakarin-Phatthanakan, near 3 BTS lines.

617 Srinagarindra Rd, Suan Luang, Bangkok 10250

1
1
596
7.13 m²
28.53 m²

Rp 1,189,270,940

Listed on March 14, 2024

For Sale Evergreen View Tower Bangna photo

For Sale Evergreen View Tower Bangna

Soi Bangna 56, Bangna Tai, Bangna, Bangkok

1
2
468
22.3 m²
89.23 m²

Rp 1,616,327,323

Listed on April 23, 2024

Land for sale with building It is a vacation home with a sea bass pond around the house.  For sale 7,000,000 baht Phra Samut Chedi District Samut Prakan Province photo

Land for sale with building It is a vacation home with a sea bass pond around the house. For sale 7,000,000 baht Phra Samut Chedi District Samut Prakan Province

Phra Samut Chedi District Samut Prakan Province

2
2
521
1200 m²
2400 m²

Rp 3,784,043,900

Listed on February 22, 2024

Empty land for sale 1,000,000 baht Bang Kradi 13 photo

Empty land for sale 1,000,000 baht Bang Kradi 13

Soi Bang Kradi 13

559
52 m²
208 m²

Rp 540,577,700

Listed on December 10, 2023

Ideo O2 Condo studio room for sale  photo

Ideo O2 Condo studio room for sale

195 Sanphawut Rd, Bang Na Tai, Bang Na, Bangkok 10260

1
1
492
6.7 m²
26.8 m²

Rp 1,243,328,710

Listed on December 7, 2023

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IQI blog & news

Articles specifically curated for your daily digest of local and global real estate news.

Thailand Luxury Housing Market Expands as Ultra-Wealthy Population Grows

Thailand is increasingly positioning itself as one of Asia's emerging wealth destinations, supported by a growing population of high-net-worth individuals, strong tourism recovery, and rising demand for premium lifestyle properties. As global wealth becomes more mobile, Thailand is attracting investors and affluent buyers seeking both lifestyle benefits and long-term investment opportunities. Rising Wealth Supports Luxury Property Demand A key trend shaping Thailand's property market is the rapid growth of its ultra-wealthy population. According to recent forecasts, the number of ultra-high-net-worth individuals in Thailand is expected to grow significantly over the coming decade, making it one of Asia's fastest-growing wealth markets. This growth is supporting demand for luxury residences, branded developments, wellness-focused properties, and high-end lifestyle assets, particularly among both local and international buyers. Bangkok and Phuket Remain Key Investment Destinations Thailand's strongest luxury property demand continues to be concentrated in Bangkok, Phuket, and Samui. Bangkok remains the country's financial and business hub, while Phuket and Samui continue attracting buyers seeking resort-style living, second homes, and long-term lifestyle investments. Demand is particularly strong for branded residences, waterfront homes, wellness communities, and premium condominiums, reflecting changing buyer preferences towards quality living environments and long-term value. Lifestyle and Mobility Drive Buyer Decisions One of the most important emerging trends is the concept of "Ultra Mobility", where wealthy individuals choose to live, work, and invest across multiple countries. Thailand benefits from this trend due to its lifestyle appeal, healthcare system, wellness offerings, hospitality sector, and relatively attractive cost of living compared to many global cities. The country's strong tourism sector, growing family office presence, and expanding luxury services ecosystem are also helping strengthen its position as a regional wealth and investment destination. Outlook Thailand's luxury property market is expected to remain well-supported throughout 2026. Rising regional wealth, tourism recovery, and growing international demand should continue benefiting premium residential developments in Bangkok, Phuket, and Samui. As more affluent buyers prioritise lifestyle, wellness, and long-term residency options, Thailand is becoming increasingly attractive as both a wealth destination and a luxury real estate investment market. Download to see insights from other country marketsDownload

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Thailand Property Market Shifts Towards Affordable and Practical Housing

Thailand’s residential property market is undergoing a major shift in 2026 as buyers move away from speculative luxury purchases towards more affordable and practical housing options. While the number of Thai condominiums sold to foreigners increased slightly in 2025, the total transaction value declined, reflecting changing buyer priorities and growing budget sensitivity. Chinese buyers continue to dominate Thailand’s foreign property market by transaction volume, but purchasing behaviour is evolving. Many buyers are now focusing on smaller, family-oriented units designed for long-term living rather than short-term speculation. This trend reflects broader economic uncertainty and a more cautious investment approach across the region. Developers are also adapting to this new market environment. Instead of relying heavily on high-value luxury projects, many are repositioning towards functional and attainable living spaces that appeal to a wider range of international buyers. Demand is increasingly shifting towards affordable luxury and practical residential products that offer better long-term value. Key Market Highlights Foreign condo purchases increased in volume, but overall transaction value declined. Buyers are shifting towards smaller and more affordable units. Chinese buyers remain the largest foreign buyer group, although purchasing patterns are changing. Indian buyers are emerging as a growing market segment, particularly for larger family-sized homes. Developers are focusing more on practical and end-user-driven residential demand. One of the biggest emerging trends is the growing presence of Indian buyers in Thailand’s property market. Unlike speculative investors from previous cycles, many Indian purchasers are targeting larger units for long-term family use, contributing to a more stable end-user-driven market structure. Outlook Looking ahead, Thailand’s property market is expected to remain in a transition phase as affordability and practicality become stronger purchasing priorities. Developers that successfully adapt to changing buyer behaviour and shifting international demand are likely to remain more resilient in the evolving market landscape. Download to see insights from other country marketsDownload

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Thailand Property Market Shifts Toward Balance as Resale Supply Surges

Thailand’s Property Market Adjusts Amid Rising Supply Thailand’s property market is entering a transitional phase in 2026, as a surge in second-hand housing supply reshapes overall market dynamics. While listings have increased significantly year-on-year, recent quarterly data suggests a short-term slowdown, reflecting more cautious activity at the end of the year. Resale Market Dominates While Condos Face Pressure The secondary market continues to dominate Thailand’s housing landscape, with detached homes accounting for the largest share of listings. However, condominiums are emerging as the fastest-growing segment, with sharp increases in both supply and value, indicating rising selling pressure in the condo market. At the same time, demand remains concentrated in more affordable segments. Homes priced below THB1 million continue to see the highest transaction volume, highlighting strong activity among mass-market buyers despite broader market adjustments. Stable Demand Supported by Domestic and Foreign Buyers Overall transaction values have shown consistent growth throughout the year, reflecting underlying demand resilience. Notably, foreign buyers continue to play a meaningful role in the condominium market, accounting for a significant share of both transaction volume and total value. Outlook Looking ahead, Thailand’s property market is expected to stabilise further as supply adjusts and demand remains steady. With a stronger balance between buyers and sellers, the market is likely to offer more sustainable growth opportunities, particularly in well-priced segments and key urban areas. Download to see insights from other country marketsDownload

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Thailand Retail Market Poised for 2025 Growth

Written by Somsak Chutisilp, Country Head of Thailand CONSUMER CONFIDENCE AND ECONOMIC DRIVERS The Consumer Confidence Index (CCI) fluctuated throughout 2024 but showed a strong rebound in Q4, signaling renewed optimism among consumers. This rebound is supported by government economic initiatives and the continued recovery of the tourism sector, both of which are expected to positively impact the retail market in 2025. Retail Expansion and New Supply Investment in both existing and new retail centers continues to generate consumer interest and engagement. In 2024, several major retail center renovations were completed, and new openings added over 185,000 square meters of net new retail supply. With tourism and retail closely linked, the rise in international tourist arrivals has especially benefited established enclosed malls in downtown Bangkok. Looking ahead, the enclosed mall format is expected to contribute another 200,000 square meters of supply, which will test current occupancy rates amid growing competition. Innovation and Consumer Trends in a highly competitive retail landscape, both developers and brands are focused on delivering innovative products and exceptional customer experiences. According to Oxford Economics, Bangkok consumers allocate up to 40% of disposable income to discretionary spending, with the largest share going toward food and beverage (F&B). The F&B segment remains the dominant category for new international brand entries, with Japanese brands leading the way. Meanwhile, European brands continue to maintain a strong presence in the fashion and accessories segment. With consumer demand expected to stay strong in core retail locations, many overseas brands are eyeing Thailand as a key growth market in 2025. Click here now for more info!Download

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