DDproperty, Thailand's number one real estate platform, reveals that the Thai real estate market continues to face ongoing challenges from both internal and external factors, directly impacting the Thai economy and consumer purchasing power. This is evident from the overall demand for residential properties across the country, which has slowed by 6% in the last quarter, with only condominiums showing growth amidst a stagnant single-family home and townhouse market. In contrast, the demand for rentals has interestingly increased by 4% nationwide and by 9% in Bangkok, reflecting a trend where consumers are adjusting their homeownership aspirations according to economic conditions. The rental trend is thus continuously growing and has become a viable option for those facing financial challenges at this time.

Insights from visitors to the website www.DDproperty.com between January and March 2026 show that the overall demand for residential purchases nationwide continues to slow, decreasing by 6% from the previous quarter (QoQ), with only condominiums seeing a 4% QoQ increase in demand, contrasting with single-family homes and townhouses, which saw a 17% and 16% QoQ decrease, respectively. This reflects a trend of renewed popularity for vertical housing, which is more affordable for those looking to own a home or start a family within a manageable budget.

When considering the types of housing, the demand for condominiums remains dominant in the purchase market, accounting for 57% of all residential properties nationwide, followed by single-family homes at 25% and townhouses at 18%.

The price range that buyers are most interested in during the last quarter is between 1-3 million baht, which aligns with current consumer purchasing power, making up 44% of all residential properties nationwide. This indicates that property developers are increasingly focusing on this market, but financial challenges remain a significant barrier preventing middle to lower-income consumers from absorbing this supply. Following this are the price ranges of 3-5 million baht and 5-10 million baht, accounting for 19% and 17%, respectively.

Rental Market for Condominiums and Townhouses Thriving, Rentals Under 10,000 Baht Capture Tenants' Hearts

The overall demand for residential rentals nationwide continues to grow interestingly, increasing by 4% QoQ, with condominiums seeing the highest rental interest at 5% QoQ, followed by townhouses at 3% QoQ. This reflects the growth of the Generation Rent trend, catering to those seeking housing in terms of flexibility and financial liquidity. Only single-family homes saw stable rental demand in the last quarter.

When considering the types of housing, condominiums still dominate the rental market, accounting for 85% of all rental properties nationwide. Their appeal lies in meeting the urban lifestyle needs for convenience and mobility, making this market attractive for operators. Following are single-family homes at 9% and townhouses at 6%.

Meanwhile, the rental price not exceeding 10,000 baht/month has seen the most growth at 11% QoQ, reflecting that affordable rental housing is an attractive option amidst current economic challenges.

Overall, the demand for rental prices between 10,000-20,000 baht/month is the highest at 36%, followed by rentals over 30,000 baht/month at 29% and 20,000-30,000 baht/month at 21%. This indicates that some tenants are willing to pay more for a better quality of life in projects with complete amenities and convenient locations near public transport or business districts.

Mr. Witthaya Apirakviriya, General Manager of Think of Living and Thailand Marketplace (Developer Side) at DDproperty, stated, "The Thai real estate market is in a transitional phase worth watching. Data from the Center for Economic and Business Forecasting, University of the Thai Chamber of Commerce shows that the consumer confidence index in March 2026 has dropped to its lowest level in six months, reflecting that geopolitical concerns are directly affecting consumer confidence. However, what is more interesting than the numbers is the changing behavior. Consumers are not stopping their dreams of homeownership but are rethinking what the 'path to home' should look like in an era where financial flexibility is as valuable as ownership. The Generation Rent trend is not a sign of defeat but a smart decision based on reality."
"For operators, this is an opportunity to reassess and design new business models in terms of pricing, product formats, and customer experiences to convert demand into actual sales. Consumers should also plan their finances carefully and choose price levels that align with their actual repayment capabilities. Meanwhile, government support measures will be a crucial driving force to help real demand buyers access homeownership more easily, as a strong market in the long term must be built on a foundation of sustainability, not just short-term stimuli," Mr. Witthaya concluded.

Update on the 5 Most Popular Provinces for Home Seekers: "Phetchaburi" Rises to the Top in Buying and Renting Market

DDproperty reveals insights into the nationwide real estate market, showing that tourist cities have clearly regained popularity, with "Phetchaburi" being the most sought-after province for buying/renting nationwide in the first quarter of 2026, benefiting from the tourism sector and consumers' preference for living close to nature. This has made Phetchaburi a province of interest for both vacation home buyers and investors, with the advantage of more affordable property prices compared to other tourist cities and proximity to the capital.

The top 5 provinces with the highest growth in purchasing demand in the first quarter of 2026 are:

  1. 1st Place: Phetchaburi, up 61% QoQ
  2. 2nd Place: Rayong, up 34% QoQ
  3. 3rd Place: Phuket, up 32% QoQ
  4. 4th Place: Prachuap Khiri Khan, up 29% QoQ
  5. 5th Place: Phra Nakhon Si Ayutthaya, up 9% QoQ

The top 5 provinces with the highest growth in rental demand in the first quarter of 2026 are:

  1. 1st Place: Phetchaburi, up 113% QoQ
  2. 2nd Place: Rayong, up 82% QoQ
  3. 3rd Place: Pathum Thani, up 75% QoQ
  4. 4th Place: Nonthaburi, up 16% QoQ
  5. 5th Place: Nakhon Ratchasima, up 11% QoQ

Rental Demand in Bangkok Soars by 9%, Strong Across All Property Types

DDproperty reveals that the overall demand for residential purchases in Bangkok in the last quarter has also slowed, similar to the nationwide trend, while the overall demand for residential rentals in Bangkok has shown interesting growth, with rental demand increasing by 9% QoQ, reflecting a continuous demand trend in the rental market of the capital.

  • Condominium Demand Continues to Grow Despite Slowdown in Horizontal Housing

When considering the demand for residential purchases in Bangkok by type, only the demand for condominiums has grown by 2% QoQ amidst the slowdown of horizontal housing, with single-family homes decreasing the most by 11%, while townhouses decreased by 4% QoQ due to rising construction costs in line with land prices in Bangkok, leading consumers to opt for more affordable condominiums instead.

Locations in Bangkok with the highest growth in condominium purchases in the first quarter of 2026 are:

o 1st Place: Phasi Charoen District, up 43% QoQ

o 2nd Place: Prawet District, up 31% QoQ

o 3rd Place: Din Daeng District, up 25% QoQ

o 4th Place: Huai Khwang District, up 17% QoQ

o 5th Place: Bang Na District, up 15% QoQ

Meanwhile, locations in Bangkok with the highest growth in single-family home purchases in the first quarter of 2026 are:

o 1st Place: Wang Thonglang District, up 142% QoQ

o 2nd Place: Phra Khanong District, up 67% QoQ

o 3rd Place: Prawet District, up 12% QoQ

o 4th Place: Taling Chan District, up 9% QoQ

o 5th Place: Bang Khun Thian District, up 6% QoQ

For locations in Bangkok with the highest growth in townhouse purchases in the first quarter of 2026:

o 1st Place: Huai Khwang District, up 90% QoQ

o 2nd Place: Lak Si District, up 43% QoQ

o 3rd Place: Nong Khaem District, up 32% QoQ

o 4th Place: Chatuchak District, up 29% QoQ

o 5th Place: Wattana District, up 18% QoQ

  • The Capital's Rental Market Remains Bright, Demand Grows Across All Types

When considering the demand for residential rentals in Bangkok, there is growth across all types of housing, with condominiums and townhouses being equally popular among tenants, both increasing by 9% QoQ, while single-family homes increased by 2% QoQ. This reflects that Bangkok remains an attractive rental market with interesting growth trends, supported by its status as a national job hub and the presence of many leading educational institutions, continuously attracting residents.

For locations in Bangkok with the highest growth in condominium rentals in the first quarter of 2026:

o 1st Place: Thonburi District, up 45% QoQ

o 2nd Place: Chatuchak District, up 30% QoQ

o 3rd Place: Huai Khwang District, up 26% QoQ

o 4th Place: Phasi Charoen and Phra Khanong Districts, up 22% QoQ

o 5th Place: Ratchathewi District, up 13% QoQ

For locations in Bangkok with the highest growth in single-family home rentals in the first quarter of 2026:

o 1st Place: Bang Na District, up 38% QoQ

o 2nd Place: Lat Krabang District, up 29% QoQ

o 3rd Place: Phra Khanong District, up 12% QoQ

o 4th Place: Khlong Toei and Khlong Sam Wa Districts, up 4% QoQ

For locations in Bangkok with the highest growth in townhouse rentals in the first quarter of 2026:

o 1st Place: Bang Kapi District, up 84% QoQ

o 2nd Place: Lat Phrao District, up 69% QoQ

o 3rd Place: Yan Nawa District, up 67% QoQ

o 4th Place: Wattana District, up 49% QoQ

o 5th Place: Phra Khanong District, up 13% QoQ

However, amidst the challenges in the real estate market during this period, there are positive factors from government measures and reduced policy interest rates, presenting another golden opportunity for financially prepared home seekers to own property at a good value. DDproperty (www.DDproperty.com) has compiled essential steps for choosing to buy or rent housing, along with updates on the real estate sector, serving as a source for listings of buying/selling/renting properties in potential locations nationwide, helping home seekers prepare confidently before deciding on their dream residence.

Read and study the full overview of the latest real estate market report for the first quarter here.