Thailand Real Estate Market Size, Share, and Outlook, 2033

Thailand Real Estate Market Size, Share, Trends and Forecast by Property, Business, Mode, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A37503

Thailand Real Estate Market Overview:

The Thailand real estate market size reached USD 29.54 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 37.01 Billion by 2033, exhibiting a growth rate (CAGR) of 2.28% during 2025-2033. The market is driven by increased urbanization, infrastructure investment, and expanding demand in residential, commercial, and mixed-use sectors. Investment remains keen, especially in urban and resort locations, where wellness and lifestyle continue to influence the types of properties in demand. Technology and sustainability are also shaping new residential projects. This dynamic environment mirrors the industry's changing landscape and long-term prospects for domestic and foreign stakeholders alike, contributing to the growing Thailand real estate market share.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 29.54 Billion
Market Forecast in 2033	USD 37.01 Billion
Market Growth Rate 2025-2033	2.28%

Thailand Real Estate Market Trends:

Growing Need for Mixed-Use Developments

Within the Thailand property market, the growth in popularity of mixed-use developments is driven by shifting consumer trends and city planning paradigms. Mixed-use developments combine residential, commercial, and recreational facilities within one venue, providing an efficient, lifestyle-based setting. City dwellers, particularly those in metropolises such as Bangkok, are being drawn to properties that minimize travel times and enhance work-life balance. Developers are maximizing land use through vertical integration and advanced architectural design to gain maximum utility and beauty. The strategy enhances the country's urbanization goals and appeals to local as well as foreign investors. With land shortages in inner areas, mixed-use models are the strategic innovation, defining future directions of investments. Thailand real estate market growth is further boosted by the incorporation of live-work-play concepts, which cater to the needs of residents and businesses in the contemporary era. The trend is likely to persist as consumers behavior evolves and infrastructure construction harmonizes with integrated city living.

Thailand Real Estate Market Size

Resort and Wellness Property Growth

The growth of wellness-oriented tourism and lifestyle preferences are driving a visible increase in resort-style and health-oriented real estate assets in coastal and picturesque regions. In Thailand real estate market trends, this phenomenon is most evident in provinces like Phuket, Chiang Mai, and Hua Hin, where wellness retreats and resort homes are in greater demand. Health-conscious consumers, remote workers, and pensioners are looking for properties that provide peace, nature, and proximity to wellness facilities like spas, gyms, and holistic health services. This aligns with Thailand’s national strategy to be a world-class health and wellness destination. With rebounding tourism and enhanced international mobility, the demand for resort and wellness properties will continue to increase moderately. Also, government development projects improve connectivity to these locations, further boosting the segment. The properties are not just being used as homes but also as a long-term investment in well-being and lifestyle.

Growing Use of Smart and Sustainable Housing

Technological innovation and ecologism are rewriting residential preferences in Thailand's urban and suburban areas. According to the sources, in June 2024, SC Asset debuted five new luxury residential series worth more than 10 billion baht, reinforcing itself as a high-end developer in the Thailand property market. Moreover, the Thailand real estate market growth is fueled by demands for energy-efficient, smart-enabled houses featuring environmentally integrated solutions like solar power systems, water recycling, and intelligent security systems. This is inspired by a rapidly expanding middle class that embraces digital connectivity and environmental responsibility. Builders are adding green certifications and sustainable building methodologies to meet worldwide standards and attract environmentally conscious consumers. The smart home appeal is more about convenience and remote control of utilities than cost savings. As younger, technology-oriented buyers become major players in the market, there is a strong preference for properties with built-in Internet of Things (IoT) systems. This emphasis on innovation is making Thailand a competitive location for forward-looking residential growth. The integration of intelligent technology and green design is becoming the hallmark of new home projects across the country.

Thailand Real Estate Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on property, business, and mode.

Property Insights:

Residential
Commercial
Industrial
Land

The report has provided a detailed breakup and analysis of the market based on the property. This includes residential, commercial, industrial, and land.

Business Insights:

Sales
Rental

A detailed breakup and analysis of the market based on the business have also been provided in the report. This includes sales and rental.

Mode Insights:

Online
Offline

The report has provided a detailed breakup and analysis of the market based on the mode. This includes online and offline.

Regional Insights:

Bangkok
Eastern
Northeastern
Southern
Northern
Others

The report has also provided a comprehensive analysis of all the major regional markets, which include Bangkok, Eastern, Northeastern, Southern, Northern, and others.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Thailand Real Estate Market News:

In June 2025, Onyx Hospitality Group has given notice of intentions to introduce the Onyx Leasehold Real Estate Investment Trust (ONYXRT) in 2025 by combining four significant hotel properties worth THB 6.5 billion. The REIT will provide regional hotel growth and debt servicing funding, strengthening Onyx's position in the Thailand real estate sector.
In January 2024, EDEN ESTATE debuted Thailand's first "Ultra-Luxury Low-Density" low-rise development, EDEN EKKAMAI, in downtown Bangkok. Comprising only 17 rare units, the project brings a new home segment that focuses on seclusion, room, and environmentally friendly design, setting a new standard in the real estate market in Thailand.

Thailand Real Estate Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Property Business Mode Region
Properties Covered	Residential, Commercial, Industrial, Land
Businesses Covered	Sales, Rental
Modes Covered	Online, Offline
Regions Covered	Bangkok, Eastern, Northeastern, Southern, Northern, Others
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the Thailand real estate market performed so far and how will it perform in the coming years?
What is the breakup of the Thailand real estate market on the basis of property?
What is the breakup of the Thailand real estate market on the basis of business?
What is the breakup of the Thailand real estate market on the basis of mode?
What is the breakup of the Thailand real estate market on the basis of region?
What are the various stages in the value chain of the Thailand real estate market?
What are the key driving factors and challenges in the Thailand real estate?
What is the structure of the Thailand real estate market and who are the key players?
What is the degree of competition in the Thailand real estate market?

Key Benefits for Stakeholders:

IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Thailand real estate market from 2019-2033.
The research report provides the latest information on the market drivers, challenges, and opportunities in the Thailand real estate market.
Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Thailand real estate industry and its attractiveness.
Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

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