Market Data · Original Research · Bangkok

Bangkok condo market report 2026

An original data view of Bangkok's condominium market: price per square metre by district, rental yield bands, the official REIC foreign-buyer transfer data, the 49% foreign-ownership quota, supply-pipeline context and honest data gaps — with full methodology and source notes. Built to be more transparent about its own sourcing than a typical portal market page.

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By Kirby Scofield
Founder of BAANLYY · International real estate broker, investor & relocation specialist
Last updated 7 July 2026 · Last reviewed 7 July 2026

← Market Data

~150,000–155,000City average, THB/sqmBlended portal-aggregate estimate, all districts
72,000–350,000+District range, THB/sqmBudget outer areas to prime Sukhumvit/Sathorn
4.5–6.0%Typical gross rental yieldBefore management fees, vacancy and tax
11,011 unitsForeign condo transfers, Jan–Sep 2025REIC official data, most recent published period
Quick summary

Bangkok condo pricing spans a wide range — from roughly 72,000 THB/sqm in budget outer districts to 220,000–350,000+ THB/sqm in prime Sukhumvit and Sathorn — with a blended city average around 150,000–155,000 THB/sqm. Gross rental yields typically run 4.5–6.0%, with mid-ring transit-connected districts (On Nut, Phra Khanong, Ari, Ratchathewi) delivering the highest yields and prime Sukhumvit the lowest but most resilient. The only fully official, dated statistic in this report is REIC's foreign-transfer data: 11,011 units transferred to foreign buyers nationwide in Jan–Sep 2025, worth about THB 44.1 billion. Foreign nationals can own up to 49% of a condo building's floor area freehold under the Condominium Act. We could not verify a single authoritative supply-pipeline figure and flag that gap explicitly rather than estimate one.

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Top takeaways

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Price per square metre by district

Indicative asking/listing-price ranges compiled and cross-checked across multiple property-portal and market-advisory sources (see Methodology). These are not a REIC or Bank of Thailand official price index — no such simple per-sqm-by-district breakdown is publicly published by those bodies at the time of writing.

District / areaTHB per sqmContext
Sukhumvit core (Thonglor, Ekkamai, Phrom Phong)220,000 – 350,000Prime BTS access, upscale dining/nightlife, strongest foreign + local demand
Silom & Sathorn180,000 – 300,000CBD office towers, international schools, MRT + BTS interchange density
Ari160,000 – 250,000Young-professional and creative-industry demand, BTS-connected
Mid-ring BTS/MRT (On Nut, Phra Khanong, Ratchathewi)100,000 – 180,000Better value entry points with solid transit connectivity
Outer / budget districts72,000 – 120,000Lower entry price, longer commute, thinner resale liquidity
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Rental yields by segment

Gross yield ranges before costs; net yield deducts management fees, a vacancy allowance, common-area fees and applicable tax. Same portal/advisory sourcing caveat as the pricing table above.

SegmentTypical gross yieldNotes
Prime Sukhumvit (Asoke, Thonglor)4.0 – 5.0%Lower yield, stronger long-run appreciation and easiest resale
Mid-ring BTS/MRT (On Nut, Phra Khanong, Ari, Ratchathewi)5.5 – 7.0%Highest typical gross yields among transit-connected stock
Silom & Sathorn4.0 – 5.5%CBD-driven corporate tenant demand supports occupancy
City-wide blended average4.5 – 6.0% gross / 3.0 – 4.2% netNet figure after management fees, vacancy allowance, common-area fees and tax
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Foreign buyers: official REIC data & the ownership quota

This is the one section of the report built entirely on primary official sources: REIC's own foreign-transfer statistics and the Condominium Act's ownership rules.

MetricFigureSource / notes
Foreign condo units transferred, Jan–Sep 202511,011 unitsREIC — broadly flat year-on-year
Total transfer value, Jan–Sep 2025≈ THB 44.1 billionREIC — down 14.2% year-on-year
Maximum foreign freehold share per building49% of registered floor areaCondominium Act B.E. 2522 (1979), Section 19
Thai-held share required51% minimumHeld by Thai nationals or Thai-registered juristic entities
Route once the 49% quota is fullUp to 30-year registered leaseholdRecorded on the reverse of the Chanote title; legally enforceable

REIC (the Real Estate Information Center, under the Government Housing Bank) publishes foreign-transfer statistics with a reporting lag; Jan–Sep 2025 was the most recent period we could verify at the time of writing. Check REIC's own site directly for any more recent release before relying on this for a decision.

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Supply pipeline — a flagged data gap

Multiple market commentators (portal blogs and advisory-firm articles) describe parts of the Bangkok condo market — particularly mid-to-outer segments — as oversupplied, with new-launch volume outrunning absorption in recent years. We were not able to independently verify a single, dated, authoritative supply-pipeline unit count (units under construction, launched-but-unsold, or scheduled for completion) from an official source strong enough to cite with confidence here. REIC does track project registrations and the Bank of Thailand publishes broader residential-sector indicators, but assembling a clean forward-looking pipeline number requires primary developer disclosures or a dedicated REIC/CBRE/Knight Frank supply report beyond what this report's sourcing covers. Rather than presenting an estimated figure as fact, we are flagging this explicitly as a gap — a future revision of this report should incorporate a named, dated primary supply-pipeline source once one is verified.

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Methodology & source notes

This report blends two categories of data, and we label which is which throughout rather than presenting everything with equal authority:

We did not fabricate a figure anywhere a verifiable one was unavailable — see the Supply Pipeline section above for the one area where we chose to flag a gap rather than estimate.

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Assumptions

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Why this report, not just a portal listing page

Most portal market pages (DDproperty, FazWaz, Hipflat and similar) show a single point-in-time average price with little to no stated methodology, no distinction between official statistics and portal estimates, and no discussion of the foreign-ownership legal framework that materially affects who can actually buy what. This report is built to do better on exactly those points: transparent sourcing (Section 06), an explicit data-gap disclosure (Section 05) instead of a fabricated pipeline number, and the foreign-ownership legal context (Section 04) presented alongside the pricing data rather than as a separate, disconnected article.

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Frequently asked

What is the average price per square metre for a Bangkok condo in 2026?Blended across all districts, listing-portal and market-advisory sources put the city average at roughly 150,000–155,000 THB per square metre in early 2026. That average masks a very wide spread: budget outer districts can start around 72,000 THB/sqm, while prime Sukhumvit and Sathorn addresses run 220,000–350,000+ THB/sqm. Because this figure blends multiple portal and advisory sources rather than a single official index, treat it as an indicative planning range, not a precise valuation for any specific unit.
What rental yield can I expect on a Bangkok condo?Typical gross yields run roughly 4.5–6.0% a year before costs, falling to about 3.0–4.2% net once management fees, vacancy, common-area charges and tax are deducted. Yields are not uniform: prime Sukhumvit addresses (Asoke, Thonglor) usually yield less (4.0–5.0%) but hold value and resell more easily, while mid-ring BTS/MRT locations like On Nut, Phra Khanong, Ari and Ratchathewi typically deliver the highest gross yields in the 5.5–7.0% range. These are market-advisory estimates, not a return any specific property is guaranteed to achieve.
How many foreign buyers purchased Bangkok condos recently, and what's the official data?The most recent officially published period we could verify is REIC's (Real Estate Information Center) foreign-transfer analysis for January–September 2025: 11,011 units transferred to foreign buyers nationwide, broadly flat compared with the same period a year earlier, while total transfer value fell 14.2% to about THB 44.1 billion. REIC publishes this data with a reporting lag, so more recent full-year 2025 or partial-2026 figures may since have been released — always check REIC's own site for the latest release before relying on this for a decision.
Can foreigners own condos outright in Bangkok?Yes, within a limit. Under the Condominium Act B.E. 2522 (1979), foreign nationals may collectively own up to 49% of a condominium building's total registered floor area on a freehold basis; the remaining 51% must be held by Thai nationals or Thai-registered entities. Once a building's 49% foreign quota is fully allocated, a foreign buyer can instead register a leasehold of up to 30 years, noted on the reverse of the Chanote title and legally enforceable. Always confirm a specific building's current foreign-quota utilisation with the juristic person or developer before making an offer.
Is Bangkok's condo market oversupplied in 2026?Multiple market commentators have flagged oversupply concerns in parts of the Bangkok condo market, particularly in the mid-to-outer segments where new-launch volume has run ahead of absorption in recent years. We were not able to verify a single authoritative, dated supply-pipeline unit count from an official source (REIC does track new registrations, but a clean forward-looking pipeline figure requires primary developer or REIC project-registration data beyond what this report cites) — see the Data Gaps section below. Treat the oversupply narrative as directionally credible but not backed by a specific verified number in this report.
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Original research and indicative market data only — not investment, valuation, legal or tax advice. Pricing and yield ranges are cross-checked portal/advisory estimates as of Q1–Q2 2026, not an official price index; foreign-transfer statistics are REIC's most recently published figures at time of writing (Jan–Sep 2025) and may since have been updated. Verify all figures directly with REIC, a licensed valuer or a property lawyer before relying on them for a decision.

Sources & References

Sources & References

Primary and official sources are cited above. Government rules, fees and procedures in Thailand change over time and vary by office; always confirm current requirements with the relevant authority before relying on them. BAANLYY never takes paid placement in editorial content.