22/06/2025
Is Thailand's condo market in a free fall?
If you set aside the legacy media's clickbait articles for a second and look at the actual sales data across the country, the number of condo sales in 2020-2024 are 122446, 89846, 107127, 108090, 116439.
Chart that and any sensible person will see that as a normal ebb and flowing market, not a free fall.
Yes, once the numbers are out for 2025, you’ll very likely see a drop because of the trade wars, strong thb currency, and the earthquake.
But let me ask you: would you rather buy when the market is hot or when prices are down?
Anecdotally, we’ve got quite a few clients who are sitting with low ball offers ready to snag deals if the market drops even more. Warren Buffet would approve.