Thailand Luxury Residential Real Estate Market Trends and Growth Drivers Analysis 2030
- irene garcia
- 8 hours ago
- 4 min read

Overview of the Thailand Luxury Residential Real Estate Market:
Gain data-driven insights into Thailand Luxury Residential Real Estate Market Size, trends, and forecasts. This in-depth report delivers expert analysis of market drivers, segmentation, and emerging opportunities. It highlights key metrics and actionable findings in a professional, easy-to-scan format. Key statistics (market size, growth rates, share by segment) are presented up-front in bullet form for immediate impact.
Executive Summary
The Thailand Luxury Residential Real Estate Market size was valued at around USD 71.27 billion in 2024 and is projected to reach USD 88 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 3.49% during the forecast period, i.e., 2025-30.
Thailand Luxury Residential Real Estate Market Opportunity:
Growth in International Tourism and Demand for Vacation Homes – Thailand Luxury Residential Real Estate opens up opportunities with foreign travel and the increasing demand for vacation homes. Featuring beautiful beaches, vibrant culture, and hospitality, Thailand is a prime destination for tourism. In 2024, Thailand received more than 35 million foreign tourists mainly from China, Europe, and India. This increase in tourism creates opportunities for property development firms because foreign tourists are attracted to buy properties for vacations, rentals, or second homes. Particularly buyers from China, looking for a property investment or second home overseas, have shown a greater interest in buying property in Thailand accounting for nearly half of the purchases by foreigners. Moreover, the market for luxury real estate such as beachfront villas and luxurious condominiums is also offering notable growth opportunities.
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Thailand Luxury Residential Real Estate Market Segmentation
Break down the market by key categories and geography. We outline major segments and provide size/share estimates for each.
-By Type
Flats
Condominiums
Penthouses
Townhouses
Villas & Mansions
Others (Vacation Homes, Farm Houses, etc.)
With a 35% market share condominiums are the most popular segment of the luxury residential real estate industry in Thailand.
-By Size
Less than 5,000 sq. ft.
5,000 - 10,000 sq. ft.
10,000 – 15,000 sq. ft.
15,000 - 20,000 sq. ft.
Above 20,000 sq. ft.
In the Luxury residential real estate market, the leading segment based on the area of the property is ranging between 5,000-10,000 square feet, capturing about 45% of the total market value.
-By Furnishing
Fully Furnished- Market Size & Forecast 2020-2030, USD Million
Semi-Furnished- Market Size & Forecast 2020-2030, USD Million
-By Configuration
1-2 Bedrooms (BHK)- Market Size & Forecast 2020-2030, USD Million
3-4 Bedrooms (BHK)- Market Size & Forecast 2020-2030, USD Million
5-6 Bedrooms (BHK)- Market Size & Forecast 2020-2030, USD Million
7 & Above Bedrooms (BHK)- Market Size & Forecast 2020-2030, USD Million
-By Price
1–5 (USD Millions) - Market Size & Forecast 2020-2030, USD Million
6-10 (USD Millions) - Market Size & Forecast 2020-2030, USD Million
11-20 (USD Millions) - Market Size & Forecast 2020-2030, USD Million
21-50 (USD Millions) - Market Size & Forecast 2020-2030, USD Million
51- 100 (USD Millions) - Market Size & Forecast 2020-2030, USD Million
Above 100 (USD Millions)- Market Size & Forecast 2020-2030, USD Million
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Competitive Market Strategies: List of Largest Thailand Luxury Residential Real Estate Companies
Analysis of the competitive landscape and company strategies.
Sotheby's International Realty Thailand
Elite Homes Thailand
Conrad Villas
Botanica Luxury Phuket Co. Ltd.
Sansiri
Land & Houses
AP (Thailand) Public Co. Ltd.
SC Asset Corporation Plc
Noble Development Public Co. Ltd.
Ananda Development
Others
Future Market Analytics Focus Points
Look ahead to the analytics and trends shaping the industry’s future. This section suggests areas of emphasis for market analysis, such as:
Identify Emerging Market Trends: Recognize new trends shaping industries.
Leverage Big Data Analytics: Use data for informed decision-making strategies.
Explore Geographic Expansion: Target growth opportunities in new areas.
Analyze Consumer Behavior: Adapt to shifting preferences and habits.
Emphasize Sustainability: Align strategies with ethical and sustainable practices.
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Objectives of the Study
Clearly state what the report aims to achieve. For example:
Provide a comprehensive market overview with quantitative forecasts.
Identify key market segments and competitive dynamics.
Analyze trends and drivers influencing growth.
Highlight challenges and risks, plus mitigation strategies.
Offer actionable insights and recommendations for decision-makers.
Report Delivery Model
“Our market research report is available in multiple formats for convenience:
Interactive PDF with rich charts and data tables.
PowerPoint summary deck for easy presentation and sharing.
Excel containing all research figure.
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