Rama IX Leads Condominium Interest Despite a broader property market slowdown, housing demand in Bangkok remains active, with buyers and renters continuing to search online for well-connected and affordable locations. Rama IX emerged as the most discussed condominium location, accounting for 42% of online mentions. Its appeal is driven by convenient travel, access to rail services, proximity to workplaces and prices viewed as more accessible than those in central Bangkok. Sukhumvit ranked second with 24% of condominium interest, supported by strong transport links, urban rail access and comprehensive amenities. One-bedroom units were particularly popular. Other locations drawing attention included Don Mueang at 14%, Ekkamai at 11% and Vibhavadi Rangsit at 9%. In Don Mueang and Vibhavadi Rangsit, buyers showed notable interest in one-bedroom units priced at no more than THB2 million.  Bang Na Dominates Landed Housing Demand For detached houses and townhouses, Bang Na clearly led the market conversation with a 75% share. Buyers were attracted by transport convenience, surrounding amenities and the area’s residential environment. The next most discussed locations were Rama II at 9%, Rama IX and Thonglor at 6% each, and Phatthanakan at 4%. The results suggest that buyers continue to prioritise connectivity, affordability and everyday convenience when choosing where to live. Outlook Bangkok’s residential demand is likely to remain highly location-specific, with well-connected areas offering better value continuing to attract attention. For condominiums, Rama IX stands out as a key affordability and connectivity play, while Bang Na remains the strongest landed housing choice among online buyers and renters. The market may be softer overall, but demand remains visible where transport access, amenities and pricing align with buyer needs. The contents of this article were contributed by Somsak Chutisilp, Head of IQI Thailand. Download to see insights from other country marketsDownload

Bangkok Retail Market Enters a New Phase Bangkok’s retail property market is evolving as developers place greater emphasis on transit-oriented locations, experiential concepts and asset repositioning. Total retail supply reached 9.27 million square metres in Q1 2026, recording only a marginal 0.12% quarter-on-quarter decline. This reflects a relatively stable market despite wider economic uncertainty and a fresh pipeline of new space. Retail development is becoming increasingly divided between neighbourhood-focused community malls and larger shopping centres connected to mass-transit networks. Another 300,000 square metres of retail space is scheduled for completion during 2026, increasing competition among existing and upcoming projects.  Occupancy Improves as Tenant Demand Shifts Bangkok’s overall retail occupancy rate rose to 89% in Q1 2026, compared with 85% a year earlier and around 84% throughout much of 2024. Demand remains strongest among luxury brands, food and beverage operators, wellness providers and experience-led tenants. Higher-performing malls are allocating more space to leisure, lifestyle services and community activities that encourage repeat visits. CBD shopping mall rents averaged 2,852 baht per square metre per month, above the northern fringe at 2,230 bahtand the eastern fringe at 2,300 baht. Community malls remained more affordable, with average CBD rents of 1,755 baht per square metre, compared with 1,200 baht in the northern fringe and 1,250 baht in the eastern fringe. Outlook Competition may place pressure on average occupancy as consumers become more selective about where they spend their time and money. Projects combining strong transit access, distinctive experiences and a clear market identity are expected to perform best. Retail centres that respond to changing consumer habits through wellness, dining, entertainment and community-focused concepts should remain better positioned as new supply enters the Bangkok market. Download to see insights from other country marketsDownload

Thailand Becomes a Safe-Haven Market for Global Buyers Thailand’s residential market is gaining renewed attention from wealthy foreign buyers seeking investment security, quality of life and long-term flexibility. Amid global economic volatility and geopolitical uncertainty, Thailand is increasingly seen as more than a holiday destination. It is becoming part of a global wealth ecosystem, where buyers can live, invest and plan for the future in one place. Foreign demand for Thai condominiums remains resilient, even as domestic purchasing power slows. Data from the Real Estate Information Centre shows that foreign condominium demand is moving closer to pre-Covid levels of around 13,000 units per year, after rebounding strongly from 2022 onwards. The buyer profile is also becoming more diverse. While Chinese buyers remain important, Thailand is attracting more interest from Russia, Taiwan, India, the United Kingdom and Europe. Recent inquiries from Middle Eastern buyershave also increased, with Phuket receiving stronger interest than Bangkok.  Long-Stay Lifestyle and Infrastructure Support Demand Foreign buyers are playing a key role in supporting Thailand’s condominium market, especially those seeking second homes, retirement residences, long-term investment assets and bases for digital nomads. One major support factor is the promotion of long-stay visa privileges for buyers of condominiums worth at least 3 million baht in participating projects. Key areas include Bangkok, Phuket, Chiang Mai and Pattaya. Luxury and ultra-luxury condominiums in central business district locations also continue to see healthy demand from high-spending buyers and foreigners. Outlook Thailand’s property market outlook remains selective but positive. Foreign demand, long-stay visa appeal, healthcare, international schools and lifestyle value should continue to support key residential markets. Large infrastructure projects, including the southern Land Bridge and Eastern Economic Corridor, may further strengthen Thailand’s long-term position as a regional hub for living, investment and connectivity. Juwai IQI Newsletter July 2026 RDownload