Reference
·Primary source
Thailand nationwide residential transfer value (2020-2024)
~THB 1.04T (2024)
Nationwide residential property transfer value reached approximately THB 1.04 trillion in 2024 per the Real Estate Information Centre (REIC), down roughly 6% year-on-year from THB 1.10T in 2023 as tight household credit, elevated mortgage rejection rates, and weak consumer confidence damped the low-rise segment. The 2020 COVID trough was around THB 0.93T; 2021-2022 recovered to ~THB 1.0-1.04T. Bangkok and the surrounding five provinces represent roughly 55-60% of national transfer value. REIC's monthly bulletin is the canonical reference.
Figure in context
Nationwide residential property transfer value reached approximately THB 1.04 trillion in 2024 per the Real Estate Information Centre (REIC), down roughly 6% year-on-year from THB 1.10T in 2023 as tight household credit, elevated mortgage rejection rates, and weak consumer confidence damped the low-rise segment. The 2020 COVID trough was around THB 0.93T; 2021-2022 recovered to ~THB 1.0-1.04T. Bangkok and the surrounding five provinces represent roughly 55-60% of national transfer value. REIC's monthly bulletin is the canonical reference.
Interpretation notes
What this tells you
Nationwide residential property transfer value reached approximately THB 1.04 trillion in 2024 per the Real Estate Information Centre (REIC), down roughly 6% year-on-year from THB 1.10T in 2023 as tight household credit, elevated mortgage rejection rates, and weak consumer confidence damped the low-rise segment. The 2020 COVID trough was around THB 0.93T; 2021-2022 recovered to ~THB 1.0-1.04T. Bangkok and the surrounding five provinces represent roughly 55-60% of national transfer value. REIC's monthly bulletin is the canonical reference.
What not to do with it
Values in THB billion. REIC residential transfer series covers all condominium, single-detached house, townhouse, and shophouse legal title transfers nationwide.
Related figures
Adjacent numbers that add context without drowning the value.
Bangkok condo units launched
REIC, AREA, Colliers, JLL, CBRE
Bangkok grade-A office stock
Colliers, JLL, CBRE, Knight Frank
Foreign condo ownership quota
Condominium Act B.E. 2522, REIC
Thai REIT, property fund market cap
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Top-5 listed developer revenue
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Bangkok condominium absorption rate (2021-2024)
REIC condominium market reports, Knight Frank Thailand, Colliers, CBRE
Report context
Atlas actors in this figure's reports
Profiles covered in the report that cite this number.