Three associations predict that the Thai real estate market in 2025 will be more challenging than before, potentially recovering slowly. They see opportunities for a bright future as they prepare to hold the 47th Home and Condo Expo to restore confidence among private sectors and consumers. It has been reported that exhibitors have already reserved over 75% of the booths, covering an area of more than 6,000 square meters.

Dr. Dolpiyawat Pridawepat, Chairman of the Organizing Committee for the 47th Home and Condo Expo, stated that the recent expo received an excellent response from the collaboration of the private sector, government, and the public attending the event. Before the event started, the number of registered attendees increased to double that of the previous event. Additionally, during the expo, the number of housing reservations reached a record high in the past 5 years, exceeding the target of 6,000 million baht. This has positively impacted many operators, leading to significant sales following the event, thanks to ongoing campaigns from developers during the year-end festival for customers looking to buy homes. This momentum may allow the Thai real estate sector to gradually recover in the second quarter of 2025.

“The tremendous success of the previous Home and Condo Expo is another milestone for the three associations: the Housing Business Association, the Thai Condominium Association, and the Thai Real Estate Association, in their crucial role in driving the Thai economy alongside the real estate sector. As the chairman of the 47th Home and Condo Expo, I see that the Thai real estate market is heating up. Although many brands have seen increased sales towards the end of this year, considering various factors they face, including unpredictable factors in early next year, operators should not ease off and should continue to maintain market enthusiasm for a brighter year in 2025 through the 47th Home and Condo Expo. The organizers will continue to play a vital role in pushing the goals of operators to success while expanding opportunities for Thai people to make their dream of homeownership a reality.

If we look at the demand in early next year, we find that the segments of single-family homes, mid-range houses, condominiums, and townhomes or mixed-use projects may see increased demand due to changing purchasing behaviors influenced by economic factors.

Currently, consumers prioritize price and value, followed by the social environment of the project, after-sales service, sustainability, and security systems, among other factors,” Dr. Dolpiyawat stated.

Dr. Dolpiyawat discussed the format of the 47th Home and Condo Expo, stating that the key players in organizing the event are the three main associations: the Housing Business Association, the Thai Condominium Association, and the Thai Real Estate Association. This time, the organizers have set the concept of SUSTAINABLE LIVING FOR BETTER LIFE for you, for the world, for sustainability, which builds on the success of elevating the Home and Condo Expo to be the ultimate Thailand’s Number One Real Estate Expo. The event aims to make housing accessible in terms of price, location, home innovations, after-sales service, and financial advice from leading financial institutions, all gathered at the event, scheduled to take place from March 20 to 23, 2025, at Hall 5, LG Floor, Queen Sirikit National Convention Center. The highlights of the event aim to provide attendees with maximum benefits and satisfaction, with prizes totaling over 1 million baht, including a grand prize to be awarded throughout the 4 days.

“The organizers have already begun promoting booth sales to operators, and major operators continue to respond positively. As of now, before the new year begins, the organizers have sold over 75% of the booths covering more than 6,000 square meters, expecting over 150 companies to participate with more than 1,000 projects from across the country. For any brand interested in joining forces to drive the Thai real estate business together at the event, there are still attractive booth spaces available. Interested parties can inquire for details via the website housecondoshow.com or on Facebook housecondoshow - Home and Condo Expo, Instagram housecondoshow, or Line at @housecondoshow,” Dr. Dolpiyawat concluded.