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Thailand News

Thailand recorded 72,583 housing ownership transfers in Q1 2026, up 11.2%

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The national rebound was concentrated below 7 million baht

REIC's 27 May release showed improving transaction activity across the country, supported in part by government measures including looser loan-to-value rules and reduced transfer and mortgage-registration fees for qualifying homes priced at no more than 7 million baht.

The price split explains much of the headline. Homes at or below 7 million baht accounted for 69,447 transfers, up 12.7% year on year, with value rising 11.5% to 141.242 billion baht. Above 7 million baht, transfer volume fell 14.8% to 3,136 units and value declined 16.3% to 45.940 billion baht.

Resale homes also made up 67% of transfers by unit count, compared with 33% for newly built homes. The quarterly total therefore describes the broader ownership-transfer market; it should not be read as a measure of developer sales alone or as a national house-price index.

Bangkok, Phuket and Rayong told different stories

Bangkok recorded 17,746 transfers, 11.1% more than a year earlier, while their combined value fell 4.5% to 64.952 billion baht. That combination is consistent with a larger number of transfers at a lower-value mix than in the comparison period.

Phuket moved in the opposite direction. Transfer volume increased 17.9% to 2,548 units, while value climbed 34.9% to 10.365 billion baht; REIC pointed to higher-priced housing as an important part of the province's value growth. Rayong recorded 2,691 transfers, up 24.0%, with value increasing 25.2% to 5.745 billion baht.

Those differences matter to anyone choosing a location. A national growth rate cannot tell a buyer whether a specific condominium project in Phuket, a resale home in Bangkok or a house in Rayong is becoming more expensive. Local property type and transaction mix can move the numbers in very different directions.

Q2 data later strengthened the demand-recovery signal

REIC's later nationwide report, released on 30 September, showed that transfer volume rose 22.9% year on year in the second quarter and value increased 15.5%. For the first half of 2026, the corresponding gains were 17.6% and 9.8%.

That later evidence makes the Q1 increase more than an isolated quarterly jump. It does not turn transfer growth into a blanket price-growth story, however, and REIC was simultaneously reporting weakness in parts of the new-supply pipeline. For a property-level decision, comparable transactions in the same area and segment remain more informative than the national transfer count.

Sources

  • Royal Thai Government / Real Estate Information Center (REIC) — Q1 2026 national housing-market report — 27 May 2026.
  • Real Estate Information Center (REIC) — Thailand housing market in Q2 and H1 2026 — 30 September 2026.
  • Reuters — Thai housing demand recovering but outlook clouded by energy shock risks — 27 May 2026.

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