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

Cushman & Wakefield forecasts Bangkok condo launches near 20,000 units in 2026 despite weak demand driven by tight credit and high household debt. Q2 launches totaled 2,332 units, with H1 up 42% YoY to 9,501. Average prices rose significantly, hitting THB 150,420 per sq m in Q2. Industrial land supply tightened, while office vacancy fell to 21.9% as completions paused.

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. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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. © Copyright 2026 - Public Technologies (PUBT) Original Document: here