According to Knight Frank Thailand has 350,000 unsold condos.

nationthailand

Bangkok condo glut hits 350,000 units, may take six years...

Knight Frank Thailand says Greater Bangkok has around 350,000 unsold condominium units, with developers shifting towards mass-market projects amid weaker bookings.

Don't they say something similar every year?

Maybe our Canadian anti Thailand troll, because he can't afford to live here, should start looking in his own neck of woods first.

According to Reuters, Canada is experiencing a deflating housing bubble.

https://www.reuters.com/world/americas/canadas-deflating-housing-bubble-stymies-wealth-effect-booming-stock-market-2026-04-28/

TORONTO, April 28 (Reuters) - Canada's housing market slump, the longest in recent decades, is straining household spending even as a record high domestic stock market generates hundreds of billions of dollars of increased wealth.

11 minutes ago, scubascuba3 said:

Don't they say something similar every year?

Thailand builds too many condos and hotels. You wonder how some hotels make money being 90% empty.

6 minutes ago, CallumWK said:

Maybe our Canadian anti Thailand troll, because he can't afford to live here, should start looking in his own neck of woods first.

According to Reuters, Canada is experiencing a deflating housing bubble.

https://www.reuters.com/world/americas/canadas-deflating-housing-bubble-stymies-wealth-effect-booming-stock-market-2026-04-28/

TORONTO, April 28 (Reuters) - Canada's housing market slump, the longest in recent decades, is straining household spending even as a record high domestic stock market generates hundreds of billions of dollars of increased wealth.

Oh no you can google

4 minutes ago, Celsius said:

Oh no you can google

So can I!!

3 minutes ago, marin said:

So can I!!

Reddit topic from 6 months ago quote dropped like it's holy scripture from the Church of Upvotes..

Try better.

And mods, the topic is about Bangkok condo market. Please remove irrelevant replies.

12 minutes ago, Celsius said:

Oh no you can google

Why do you not Google how to spell WHEN? 555

Add to that a large amount of repossessions held by banks, not just condos, nationwide. and yet there are more being built.

59 minutes ago, wil iam not said:

Why do you not Google how to spell WHEN? 555

Isn't he the one that was bragging he had almost won $100k? Later changed to won almost $100k. English definitely not the first language.

45 minutes ago, gargamon said:

Isn't he the one that was bragging he had almost won $100k? Later changed to won almost $100k. English definitely not the first language.

If English is his first language, should he not be Fahrenheit? 555

4 hours ago, Celsius said:

According to Knight Frank Thailand has 350,000 unsold condos.

nationthailand

Bangkok condo glut hits 350,000 units, may take six years...

Knight Frank Thailand says Greater Bangkok has around 350,000 unsold condominium units, with developers shifting towards mass-market projects amid weaker bookings.

I can see significant price rises on the horizon.........the rises will be required to cover the cost of not having sold in first place.

2 hours ago, wil iam not said:

Why do you not Google how to spell WHEN? 555

When I read the headline, I tried to think which country had the wen as its currency.

3 hours ago, CallumWK said:

According to Reuters, Canada is experiencing a deflating housing bubble.

On average more than 6% drop year on year.

Toronto: https://wowa.ca/toronto-housing-market (but still over $1m for a house and 690k for a condo - average prices - CAD$)

Vancouver: https://wowa.ca/vancouver-housing-market (still over $1.2m for a house, 772k for a condo)

Worth also noting that the average Canadian two-income household ($CAD 110,000 - which is less than the US) has largely been shut out of the housing market for well over a decade (as first time buyers). So the drop needs to turn into a cliff dive to bring prices back to affordability.

3 hours ago, Celsius said:

Reddit topic from 6 months ago quote dropped like it's holy scripture from the Church of Upvotes..

Try better.

And mods, the topic is about Bangkok condo market. Please remove irrelevant replies.

Why would it be removed? It´s relevant to your topic as a comparison.

9 minutes ago, Gottfrid said:

Why would it be removed? It´s relevant to your topic as a comparison.

They negate his anti Thailand agenda

3 hours ago, potless said:

Add to that a large amount of repossessions held by banks, not just condos, nationwide. and yet there are more being built.

And yet the prices remain far higher than they should be - just like the baht.

8 hours ago, wil iam not said:

Why do you not Google how to spell WHEN? 555

I thought it was a currency collapse he was talking about.

7 hours ago, gargamon said:

Isn't he the one that was bragging he had almost won $100k? Later changed to won almost $100k. English definitely not the first language.

English clearly taking a backseat while the won does all the heavy lifting. I won almost 100k won

34 minutes ago, Celsius said:

English clearly taking a backseat while the won does all the heavy lifting. I won almost 100k won

So 100k won = 2,200 baht. Congratulations.

14 hours ago, CallumWK said:

They negate his anti Thailand agenda

What about people who live in Thailand? Chanya and Wazza certainly think so