Reference
·Supporting source
Top-10 SET-listed developer share of new launches
~55-60%
The top-10 SET-listed residential developers (AP Thailand, Land and Houses, Pruksa Holding, Sansiri, Quality Houses, Supalai, Origin Property, SC Asset, LPN Development, MQDC affiliates) commanded approximately 55-60% of nationwide new launch value in 2024 per REIC and SET disclosures. The share is highest in Bangkok (above 70%) and lowest in upcountry secondary cities where local developers and joint ventures with Japanese partners (Mitsubishi Estate, Mitsui Fudosan, Tokyu Land) compete. Consolidation has been gradual but persistent post-2020.
Figure in context
The top-10 SET-listed residential developers (AP Thailand, Land and Houses, Pruksa Holding, Sansiri, Quality Houses, Supalai, Origin Property, SC Asset, LPN Development, MQDC affiliates) commanded approximately 55-60% of nationwide new launch value in 2024 per REIC and SET disclosures. The share is highest in Bangkok (above 70%) and lowest in upcountry secondary cities where local developers and joint ventures with Japanese partners (Mitsubishi Estate, Mitsui Fudosan, Tokyu Land) compete. Consolidation has been gradual but persistent post-2020.
The top-10 SET-listed residential developers (AP Thailand, Land and Houses, Pruksa Holding, Sansiri, Quality Houses, Supalai, Origin Property, SC Asset, LPN Development, MQDC affiliates) commanded approximately 55-60% of nationwide new launch value in 2024 per REIC and SET disclosures. The share is highest in Bangkok (above 70%) and lowest in upcountry secondary cities where local developers and joint ventures with Japanese partners (Mitsubishi Estate, Mitsui Fudosan, Tokyu Land) compete. Consolidation has been gradual but persistent post-2020.
Time scope
FY2024
Source basis
Supporting source
Interpretation notes
What this tells you
The top-10 SET-listed residential developers (AP Thailand, Land and Houses, Pruksa Holding, Sansiri, Quality Houses, Supalai, Origin Property, SC Asset, LPN Development, MQDC affiliates) commanded approximately 55-60% of nationwide new launch value in 2024 per REIC and SET disclosures. The share is highest in Bangkok (above 70%) and lowest in upcountry secondary cities where local developers and joint ventures with Japanese partners (Mitsubishi Estate, Mitsui Fudosan, Tokyu Land) compete. Consolidation has been gradual but persistent post-2020.
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.
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
SET, REIC, sector 56-1 filings
Top-5 listed developer revenue
56-1 filings, SIRI, PS, LH, SPALI)
Thailand nationwide residential transfer value (2020-2024)
Real Estate Information Centre, Government Housing Bank, BOT
Report context
Atlas actors in this figure's reports
Profiles covered in the report that cite this number.