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Cushman & Wakefield sees Bangkok condo launches nearing 20,000 in 2026 despite weak demand

PUBT·07/22/2026 09:08:44
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Cushman & Wakefield sees Bangkok condo launches nearing 20,000 in 2026 despite weak demand
  • Cushman & Wakefield flagged a cautious Thailand property backdrop in 2026, with tight credit, high household debt, geopolitical risk pressuring residential demand.
  • Bangkok condo launches fell to 2,332 units in Q2; H1 launches rose to 9,501 units, up 42% year over year; 2026 supply seen near 20,000 units.
  • Average Bangkok condo launch price jumped to THB 150,420 per sq m in Q2; H1 average hit THB 120,360 per sq m, highest since 2020.
  • Industrial land tightened despite softer BOI-approved FDI; industrial estate land supply up about 8% since end-2021 versus demand up about 18%; average price THB 8.4 million per rai.
  • Bangkok offices stabilized as completions paused in Q2; CBD Grade A vacancy fell to 21.9%; Grade A rents held at THB 943 per sq m per month.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cushman & Wakefield Ltd. published the original content used to generate this news brief on July 22, 2026, and is solely responsible for the information contained therein.