Thailand: housing

Are house prices rising in Thailand?

Prices of new houses for sale in Bangkok and its surrounding provinces rose 0.2% in the third quarter of 2026 compared with a year earlier, according to the Real Estate Information Center (REIC) of the Government Housing Bank. The index stood at 131.5.

In Bangkok prices rose 0.5%, while in the three neighbouring provinces of Nonthaburi, Pathum Thani and Samut Prakan they fell 0.5%. The REIC says the number of unsold homes on the market kept growing, and developers offered gifts to buyers rather than cutting prices. The index covers new housing estates, not existing homes.

Official sources: REIC: new housing price index, Q3 2026 (Thai, PDF)

How much have condo prices changed in Bangkok?

Prices of new condominiums for sale in Bangkok and its surrounding provinces rose 2.2% in the third quarter of 2026 compared with a year earlier, according to the Real Estate Information Center (REIC) of the Government Housing Bank. The index stood at 161.8, 0.1% higher than in the previous quarter.

The REIC attributes the rise mainly to higher development costs. The index tracks asking prices of new projects on sale, so it does not show prices of resale units. The REIC also publishes indices for house construction costs and developer confidence on its website.

Official sources: REIC: new condominium price index, Q3 2026 (Thai, PDF) · Real Estate Information Center

How many new homes are being built in Thailand?

62,078 new construction units were recorded in Thailand in the second quarter of 2026, according to the National Statistical Office, based on construction permits.

The NSO's construction area statistics cover permits issued by local authorities for homes and other buildings, so not all units counted will be built or completed, and the count does not show the size or price of the buildings. Costs of building a standard house in Bangkok rose 2.1% in the year to the third quarter of 2026, according to the Real Estate Information Center.

Official sources: NSO: key indicators (homepage) · NSO: construction area survey · REIC: home construction cost index, Q3 2026 (Thai, PDF)

How much does it cost to build a house in Thailand?

The cost of building a standard house in Bangkok rose 1.5% in the third quarter of 2026 from the previous quarter and 2.1% from a year earlier, according to the Real Estate Information Center (REIC) home construction cost index.

Structural engineering work rose most, by 6.2% in a year, and concrete products rose 13.0%. Steel prices fell 4.1% from the previous quarter, and tile prices were 8.5% lower than a year earlier. The REIC says developers have limited room to pass higher costs on through sale prices. The index measures building costs only, not the price of land.

Official sources: REIC: home construction cost index, Q3 2026 (Thai, PDF)

How many people in Thailand live in cities?

62.8% of Thailand's population lived in urban areas in 2025, up from 59.7% in 2022, according to the World Bank World Development Indicators, which use UN estimates. Thailand's total population was 71.6 million.

2% of the urban population lived in slum conditions in 2019, according to the World Bank. Definitions of urban areas differ between countries and between the UN and Thai sources, so the share should be compared with care.

Official sources: World Bank: urban population, Thailand · World Bank: population living in slums, Thailand · World Bank: population, Thailand

What share of Thailand is urban?

According to the UN Population Division, the share of people living in urban areas in Thailand was 62.8% in 2025. No year since 2005 has been higher. East Asia & Pacific median: 63.1%; Thailand is 16th highest of 30. World rank, highest first: 100th of 193.

How many people in Thailand live in slums?

The latest figure from UN-Habitat, for 2019, is 2.0%.

What is the electricity access rate in Thailand?

100.0%: that is the share of people with access to electricity in Thailand for 2024, according to the World Bank. That is the highest since at least 2005. East Asia & Pacific median: 100.0%; Thailand is 1st highest of 30. Of 193 countries with 2024 data, 1st highest.

How many people in Thailand have a safe toilet?

26.7%: that is the share of people using safely managed sanitation in Thailand for 2024, according to WHO and UNICEF. No year since 2005 has been higher. Across East Asia & Pacific the middle value was 60.5%, and Thailand placed 19th highest of 21. Worldwide: 105th of 134.

What is access to clean cooking in Thailand?

In 2024, the share of people using clean cooking fuels in Thailand was 88.0%, according to the WHO. No year since 2005 has been higher. Across East Asia & Pacific the middle value was 82.0%, and Thailand placed 14th highest of 30. Of 192 countries with 2024 data, 113th highest.