Top 10 Condominiums in Thailand with the Highest Sales Units

The condominium market in Thailand has seen significant growth over the past decade, with over 600,000 new units launched in the market. In the Bangkok metropolitan area alone, developers have introduced more than 493,140 new condominium projects. Many developers are focusing on large-scale condominium projects spread across Bangkok, its suburbs, and popular tourist destinations such as Pattaya in Chonburi and Hua Hin in Prachuap Khiri Khan. Some projects occupy nearly 100 rai of land and have over 10,000 units for sale. Over the past 10 years, there have been more than 20 condominium projects launched with over 2,000 units each, with some projects covering more than 180 rai of land, indicating a substantial size. These large-scale projects are typically developed in tourist cities and the outskirts of Bangkok, where land prices are relatively lower compared to central Bangkok. However, developers must exercise caution when developing large projects with more than 2,000 units, as the investment required can be quite high, with some projects exceeding 16 billion baht. Developers need to thoroughly study the market to ensure that purchasing power and demand are sufficient and should consider phased development rather than launching the entire project at once. If the purchasing power in the area is not adequate for the developed products, the remaining land can be used for other types of residential projects.

Here are the top 10 condominium projects in Thailand with the highest sales units over the past decade:

Source: Research Department, Colliers International Thailand

Data shows that among the top 20 newly launched condominium projects in the past decade with more than 2,000 units sold, LPH Development Public Company Limited has the highest number of projects with 8 condominiums exceeding 2,000 units each, including Lumpini Township Rangsit-Klong 1, Lumpini Condo Town Chonburi-Sukhumvit, Lumpini Condo Town Bodindecha-Ramkhamhaeng, Lumpini Park Pinklao, Lumpini Park Petchkasem 98, Lumpini Condo Town Ramindra-Nawamin, Lumpini Park Riverside-Rama 3, and Lumpini Ville Naklua-Wongamat, totaling over 30,076 units sold. Following them is Regent Green Power Company Limited with the Regent Home Bang Son project in phases 1 and 2, with over 8,974 units sold, and Pruksa Real Estate Public Company Limited with 2 projects totaling approximately 7,248 units, namely Plum Condo Phaholyothin 89 and Plum Condo Park Rangsit 3 Phase.

Details of the top 10 condominiums in Thailand with the highest sales units over the past decade are as follows:

1. Lumpini Township Rangsit-Klong 1, developed by LPH Development Public Company Limited, located in Pathum Thani province along Rangsit-Nakhon Nayok Canal Road, covering approximately 87 rai (excluding shopping center), consisting of 50 eight-story residential buildings, 6 eight-story parking and service buildings, 1 two-story recreation building, with a total of 10,074 units and 7 retail shops.

              The second project, Regent Home Bang Son, developed by Regent Green Power Company Limited, is located in Bangkok on Bangkok-Nonthaburi Road, covering over 30 rai, consisting of 8 twenty-four-story buildings, with a total of approximately 8,974 units sold.

2. The Energy Hua Hin Phase 1 and 2, developed by Baan Rajprasong Company Limited, located in Phetchaburi province on Phetkasem Road (Highway 4) at kilometer 5, covering approximately 180 rai, consisting of 34 residential buildings, with approximately 6,526 units sold.
3. Regal Sukhumvit 76, developed by Highshine Development Group Company Limited, located in Samut Prakan province, is a mixed-use project with 8 residential buildings and 15,000 square meters of retail space, situated on Sukhumvit Road between Soi 76 and 88, near the BTS Samrong station, with a project value of over 16 billion baht and 4,931 units on a project area of 21 rai.
4. Plum Condo Phaholyothin 89 Phase 1-4, developed by Pruksa Real Estate Public Company Limited, located in Pathum Thani province along Phaholyothin 89 Road, consisting of 16 eight-story buildings on over 32 rai, with over 4,116 units sold.
5. Lumpini Condo Town Chonburi-Sukhumvit, developed by LPH Development Public Company Limited, located in Chonburi province on Chonburi-Sukhumvit Road (access via Soi Phet Ban Suan 16, 18), covering approximately 37 rai, consisting of 19 residential buildings, with approximately 4,101 units and 12 retail shops.
6. Grand Solare Pattaya, developed by Heights Holdings Company Limited, located in Chonburi province on Thap Phraya Road Soi 15, covering 5 rai, is a 64-story condominium project with approximately 3,600 units sold.
7. Lumpini Town Bodindecha-Ramkhamhaeng, developed by LPH Development Public Company Limited, located in Bangkok, is a low-rise condominium with 14 eight-story buildings, covering 32 rai, with a total of 3,500 units.
8. Plum Condo Park Rangsit 3 Phase, developed by Pruksa Real Estate Public Company Limited, located in Pathum Thani province, covering over 20 rai, with over 3,132 units sold.
9. Lumpini Park Pinklao, developed by LPH Development Public Company Limited, located in Bangkok on Borommaratchachonnani Road, is a high-rise condominium with 2 thirty-story buildings, covering 6 rai, with a total of 2,700 units.