Top 10 provinces for second-hand property sales identified

[webfact]

Picture courtesy: NNT

 

The Real Estate Information Center (REIC) of Thailand's Government Housing Bank has compiled data on second-hand properties across Thailand from various private sector websites.

 

The data includes properties listed by financial institutions, public and private asset management companies, and the Legal Execution Department through platforms like the Second-Hand Home Market website.

 

The REIC reported that in the second quarter of 2024, a total of 140,725 second-hand property units, valued at 718.436 billion baht, were listed for sale. The most common property type was single-family houses, accounting for 39.6%, followed by townhouses at 29.4%, condominiums at 25.6%, commercial buildings at 3.8%, and semi-detached houses at 1.6%.

Properties priced under 1 million baht were the most frequently listed, representing 21.1% of total listings. However, only 4% of listings were priced between 7.51 million and 10 million baht.

 

In terms of location, Bangkok led the market with nearly 42,400 properties listed, most priced above 10 million baht.

 

Nonthaburi followed with 10,900 units, primarily priced between 3.01 and 5 million baht. Chonburi came next with about 9,200 units, similarly priced between 3.01 and 5 million baht.

 

Samut Prakan had 9,600 units available, while Pathum Thani offered 10,250 units. Chiang Mai listed 4,500 units, and Phuket had 1,800 units for sale. Nakhon Ratchasima followed with more than 2,700 units, Rayong had 4,000 units, and Nakhon Pathom rounded out the top ten with 2,300 units, valued at 7.7 billion baht.

 

Source: NNT 

 

-- 2024-09-14
 

 

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[aussienam]

What does it matter anymore for most expats to read this now? The incoming remittance tax and if they do it - the global income tax, are deal breakers for a huge % of us ever wanting to buy property in Thailand. 

[john donson]

I got all my money here, many moons ago, <deleted>ty 2% interest from the bank... you all seem to get 5% in your home country... well, a bit less now -35% tax

[Chin01]

On 9/13/2024 at 11:59 PM, aussienam said:

What does it matter anymore for most expats to read this now? The incoming remittance tax and if they do it - the global income tax, are deal breakers for a huge % of us ever wanting to buy property in Thailand. 

Not all expats are tax residents. 🙃