The Real Estate Information Center (REIC) of the Government Housing Bank (GHB) has conducted an analysis titled "New Condominium Price Index for Sale in Q3 2025 in Bangkok and Surrounding Areas" with an index value of 158.3 points, reflecting a decrease of -0.5% compared to the same period last year (YoY) and a decrease of -0.5% compared to the previous quarter (QoQ). This indicates that condominium prices have been continuously declining for two consecutive quarters since Q2 2025. The price reduction is attributed to an increase in the supply of unsold condominiums while sales have slowed down, leading developers to engage in marketing efforts to clear their stock. In this quarter, promotional gifts accounted for as much as 44.3%, the provision of free transfer fees increased from 21.4% to 32.4%, and cash discounts made up 23.3%.

The New Condominium Price Index for Sale in Q3 2025, when analyzed by area, shows the following:

  • Bangkok has an index value of 161.4 points, down -0.2% compared to the same period last year (YoY) and down -0.5% compared to the previous quarter (QoQ). The area with the most significant price reduction compared to the same period last year (YoY) is the early Sukhumvit area, priced between 5.01 – 7.50 million baht.
  • Two provinces in the surrounding area (Samut Prakan and Nonthaburi) have an index value of 144.9 points, down -2.1% compared to the same period last year (YoY) and down -0.5% compared to the previous quarter (QoQ). The area with the most significant price reduction compared to the same period last year (YoY) is Nonthaburi-Pak Kret, priced between 1.01 – 2.00 million baht.

In terms of promotional activities for new condominiums for sale this quarter, most were in the form of gifts, accounting for 44.3%, an increase from the previous quarter's 39.8%. The proportion of free transfer fee promotions increased to 32.4% from 21.4% in the previous quarter, while cash discount promotions decreased to 23.3% from 38.8% in the previous quarter.