Reference
Β·Primary source
Bangkok metropolitan residential unit starts
~70,000β80,000 units/yr
The Real Estate Information Center (REIC) under the Government Housing Bank tracks new residential unit starts in the Bangkok Metropolitan Region (BMR). Annual starts have fluctuated between approximately 70,000 and 80,000 units in the post-COVID recovery period, down from a pre-COVID peak above 100,000 units. Condominium launches β which account for roughly 60% of starts β have been suppressed by elevated household debt and tighter mortgage LTV rules imposed by the Bank of Thailand. Low-rise landed-property starts have been more resilient, supported by demand from higher-income buyers less sensitive to financing constraints. REIC publishes quarterly unit-start data disaggregated by province and product type.
Figure in context
The Real Estate Information Center (REIC) under the Government Housing Bank tracks new residential unit starts in the Bangkok Metropolitan Region (BMR). Annual starts have fluctuated between approximately 70,000 and 80,000 units in the post-COVID recovery period, down from a pre-COVID peak above 100,000 units. Condominium launches β which account for roughly 60% of starts β have been suppressed by elevated household debt and tighter mortgage LTV rules imposed by the Bank of Thailand. Low-rise landed-property starts have been more resilient, supported by demand from higher-income buyers less sensitive to financing constraints. REIC publishes quarterly unit-start data disaggregated by province and product type.
The Real Estate Information Center (REIC) under the Government Housing Bank tracks new residential unit starts in the Bangkok Metropolitan Region (BMR). Annual starts have fluctuated between approximately 70,000 and 80,000 units in the post-COVID recovery period, down from a pre-COVID peak above 100,000 units. Condominium launches β which account for roughly 60% of starts β have been suppressed by elevated household debt and tighter mortgage LTV rules imposed by the Bank of Thailand. Low-rise landed-property starts have been more resilient, supported by demand from higher-income buyers less sensitive to financing constraints. REIC publishes quarterly unit-start data disaggregated by province and product type.
Time scope
FY2024
Source basis
Primary source
Interpretation notes
What this tells you
The Real Estate Information Center (REIC) under the Government Housing Bank tracks new residential unit starts in the Bangkok Metropolitan Region (BMR). Annual starts have fluctuated between approximately 70,000 and 80,000 units in the post-COVID recovery period, down from a pre-COVID peak above 100,000 units. Condominium launches β which account for roughly 60% of starts β have been suppressed by elevated household debt and tighter mortgage LTV rules imposed by the Bank of Thailand. Low-rise landed-property starts have been more resilient, supported by demand from higher-income buyers less sensitive to financing constraints. REIC publishes quarterly unit-start data disaggregated by province and product type.
What not to do with it
Use the linked report for interpretation and keep basis differences explicit.
Related figures
Adjacent numbers that add context without drowning the value.
Construction sector share of Thai GDP
NESDC, Bank of Thailand Sectoral GDP
Thai public infrastructure project pipeline
Thailand Budget Bureau, BOI project register, OTP
Combined revenue β top-3 Thai listed contractors
SET filings β ITD, STEC, CK annual reports
BOI BCG green-construction investment approvals
BOI Annual Report, Thai Green Building Institute
Report context
Atlas actors in this figure's reports
Profiles covered in the report that cite this number.