When to buy? When to sell and make profits? These questions are common among consumers and may look simple on the surface. However, it isn’t that easy to make the “right decision” without comprehensive information. For this reason, DDproperty is launching the DDproperty Property Market Outlook – an overview report which collects data from the price index, the supply index, the residential property market situation, and consumer sentiment in the past 12 months, to analyse and anticipate market trends in the next 6-12 months. This report will help consumers, whether buyers, sellers, renters and lessors, understand the market, prepare plans, and make decisions with greater confidence.

The DDproperty Property Market Outlook is compiled annually, however, this year is the first time that it has been made accessible to Thai consumers. As Thailand’s No.1 property portal, DDproperty is determined to deliver information that benefits all consumers.

DDproperty Thailand Property Market Outlook 2021

DDproperty Thailand Property Market Outlook 2021

Looking ahead to 2021, prices and supply should balance out. The second half of 2021 should show signs of recovery depending on how the economy and political situation fares, how the COVID-19 outbreak pans out, and if the government introduces a property market stimulus measure. Download the full paper.

DDproperty Property Market Outlook 2020

DDproperty Property Market Outlook 2020

The property market will continue to dampen from 4Q18 and this slowdown is expected until 4Q20. Poor economic performance, high household debt and the Bank of Thailand’s Loan-to-Value policy requiring higher deposits are cited as factors for this. Consequently, an oversupply is predicted in some areas. Download the full paper

DDproperty Property Market Outlook 2019

DDproperty Property Market Outlook 2019

Despite a market slowdown in 3Q18, the Bank of Thailand (BoT)’s new home loan regulations in 2Q19 is expected to spur more units transfers between 4Q18 and 1Q19. Demand and supply are also expected to decline during the general election in 2019, as concerns have been raised about subsequent political unrest as well as the direction of new government policies. Download the full paper

DDproperty Property Market Outlook 2018

DDproperty Property Market Outlook 2018

The real estate market has shown signs of recovery in the second half of 2017 (2H17), following the economic upturn, a trendthat is expected to continue in terms of demand and supply in 2018. This growth, however, is mainly in the mid – to high-end segments where purchasing power is still strong. Download the full paper

More insights about Bangkok property market, check out DDproperty Property Index Report and DDproperty Property Market Outlook Report and find out how much you can afford for your new house, try our mortgage calculators .

Receive the latest property news on email from Thailand’s No.1 property website here, or read more project reviews

Thailand’s real estate market is forecast to rebound in 2018 as the local economy continues to recover, with condominiums to remain the top pick for consumers attracted to an urbanized lifestyle, the inaugural DDproperty Property Market Outlook report revealed today.

Housing for senior citizens will also grow in popularity as developers compete for this section of the market amid an ageing population in Thailand, the research report from Thailand’s No.1 online real estate portal, showed.

The DDproperty Property Market Outlook 2018 report was launched to help homebuyers make an informed decision in making one of their biggest, and most expensive, purchases. The report analyses relevant data from the past year to forecast market trends in the next 6-12 months, helping consumers – whether they are buyers, sellers, renters or lessors – to not only understand the market, but to prepare plans and make decisions with greater confidence.

“DDproperty expects demand for new releases to start moving in an upward trend as we head into 2018, thanks to rising consuming spending – in-line with the economic recovery, the expansion of mass transit lines, and government infrastructure projects along the Eastern Economic Corridor,On the supply side, 2018 may see even more projects from developers compared to 2017, so the real estate market is forecast to show signs of improved health next year.” said Kamolpat Swaengkit, Country Manager for DDproperty.

Growing Condominium Supply in 2018

Growing Condominium Supply in 2018

The DDproperty Property Index, which was launched last month, showed condominiums had the highest price index growth at 209 in the third quarter of 2017, compared to single-detached houses and townhouses, reflecting increased demand. Developers are expected to launch more condominium and housing projects in 2018 in provinces such as Chachoengsao, Chonburi, and Rayong.

Developers had already ramped up launches throughout 2017, with an estimated 45,000 new units forecast to reach the market before the end of the year, a 15% increase from 2016. Supplies are likely to be even greater next year after the government’s decision to launch a new economic stimulus scheme, which have previously prompted greater consumer spending, including in the real estate sector.

According to DDproperty’s Consumer Sentiment Survey, consumers don’t believe property prices have changed in the past six months, and will remain stable for the next six months. Moreover, they believe property prices will increase by 5%-10% in the next five years, with condominiums enjoying the highest price growth.

In 2018 are more residential projects with senior-friendly facilities

Developers Eye Senior Citizens
DDproperty, which each month helps more than three million Thais find a home, said that Bangkok’s fringe areas such as Ratchada, Ladprao, and Rama 9 have caught the attention of consumers, whose purchasing decisions are made on three key factors: location, infrastructure/nearby amenities, and price.

“In the first half of 2017, many consumers delayed their purchases due to economic uncertainty, and were waiting for the government to launch a stimulus package for them so they could buy a property at a lower price. In addition to incorporating some quirky innovations into newly launched developments by leading developers, what we expect to see in 2018 are more residential projects with senior-friendly facilities, as Thailand gears toward the complete aged society in seven years” concluded Kamolpat.

The survey results for the second half of 2017 and the first half of 2018 are expected to reveal higher consumer satisfaction levels due to the economic upturn, investment from both the private and public sectors, and lower household debts.

To read the full report, please click here

Receive the latest property news on email from Thailand’s No.1 property website here, or read more project reviews