Thailand Condo Market Overview: 2026

Thailand's condo market in 2026 is stable with moderate growth in prime locations. New supply continues in Bangkok and Pattaya, keeping rental prices competitive. Purchase prices have risen 3–5% year-over-year in transit- connected areas while suburban developments remain flat.

Bangkok Prices

Bangkok remains the most expensive market but also the most liquid. Prices vary enormously by location — a 10-minute BTS ride can mean a 40% price difference.

Rental — Studio: ฿8,000–20,000/mo
Rental — 1-Bed: ฿12,000–45,000/mo
Rental — 2-Bed: ฿20,000–80,000/mo
Purchase: ฿80,000–300,000+ per sqm (prime Sukhumvit/Riverside)

Pattaya Prices

Pattaya offers some of the best value in Thailand, especially for beachfront living. The market is driven by retirees, Russian and Chinese investors, and short-term rental demand.

Rental — Studio: ฿6,000–12,000/mo
Rental — 1-Bed: ฿8,000–25,000/mo
Rental — 2-Bed: ฿15,000–45,000/mo
Purchase: ฿40,000–150,000 per sqm

Chiang Mai Prices

The most affordable major city. Chiang Mai's condo market is smaller and dominated by low-rise developments. Prices have been stable, with slight increases in the Nimman area due to digital nomad demand.

Rental — Studio: ฿5,000–10,000/mo
Rental — 1-Bed: ฿8,000–18,000/mo
Rental — 2-Bed: ฿12,000–28,000/mo
Purchase: ฿35,000–90,000 per sqm

Phuket Prices

Phuket commands a premium as Thailand's most popular island. Prices are highest on the west coast (Patong, Kamala, Surin) and more reasonable inland or on the east coast. Strong Airbnb yields attract investors.

Rental — 1-Bed: ฿12,000–35,000/mo
Rental — 2-Bed: ฿20,000–60,000/mo
Purchase: ฿60,000–200,000 per sqm

Hua Hin Prices

A quieter beach alternative, 2.5 hours south of Bangkok. Popular with retirees and families. Prices are moderate with good value for larger units.

Rental — 1-Bed: ฿8,000–20,000/mo
Rental — 2-Bed: ฿14,000–35,000/mo
Purchase: ฿40,000–120,000 per sqm

What Drives Condo Prices in Thailand?

BTS/MRT proximity: The single biggest factor in Bangkok. Within 500m of a station adds 20–40% to the price
Building age: New builds (under 5 years) command 15–25% premiums over older stock
Floor level: Higher floors cost more — expect 1–3% per floor in premium buildings
Foreign quota: Freehold foreign-quota units trade at 10–20% above leasehold equivalents
Developer reputation: Top developers (Sansiri, AP, Ananda) hold value better than smaller builders

Use ThaiCondoAI to compare prices across cities and neighborhoods in real time. Our AI analyzes price per square meter, rental yields, and neighborhood trends to help you spot the best value.