Leading Property Consultants

1081 for Sale - 774 for Rent | Total Listings: 1857

Top Five Changes of the Thai Property Market Over Five Decades

Over the past five decades the Thai property market has changed an unbelievable amount. Apart from the wonderful Thai friendliness and way of life, the whole country is almost unrecognisable from the way it was back then.


This page explores the top five changes in the Thai property market within this time.




Top of the list must be the quality of the buildings. Not so long ago most buildings in Thailand were designed simply to sleep in and were made from the cheapest local materials.


Thailand has come on leaps and bounds since those days and property made here now is comparable to anywhere in the world, with only one exception, which brings us nicely onto our next change in the property market.




The price of Thai property has skyrocketed in recent years, compared to what it cost many decades ago.


Some older Thai people simply cannot believe the prices paid for land around areas that were once simple fishing villages.


That said, the current prices demanded for Thai property or land is still a fraction of what you would expect to pay in any modern western country.


Supply and Demand


Tourists began to flock to Thailand during and after the America-Vietnam war. Prior to this most westerners couldn’t point out Thailand on a map if their lives depended on it.


Since then the tourism industry has boomed. And the demand for property has risen in direct correlation with the tourists.


You only have to see the condominium construction projects in place in places like Pattaya to see the demand for property in Thailand.




As well as the increased quality of property in Thailand, Thai property in general has become much more liveable for foreign visitors.


Pretty much all newly built homes have western bathrooms and kitchens. Apart from the view out of the window a house bought in Thailand these days could be anywhere in the Western world.


There are now even more foreign communities popping up in most major cities in Thailand, with a massive recent influx of eastern Europeans, Chinese and Japanese people deciding to make Thailand their home.




Lastly the purpose of the property being built in Thailand has changed dramatically in the last five decades.


Prior to the rise in tourism most property was built to house one family for simple living purposes.


Now properties are built for many different reasons; whether it is a hotel, restaurant or nightclub, more commercial properties are now being built with tourism in mind.

Comments are closed.

Featured Condos

Majestic Residence - Lovely Estate Home Just 100m From Beach


Very unique and luxurious estate located in Majestic Residence in Cosy Beach, Pratumnak just one soi from one of the nicest beaches in the area. Featuring four large bedrooms, all with luxurious ensuite bathrooms, one being a 'granny suite' with it's own full kitchen and living room, private gym, huge games room with bar, large open-plan living area downstairs, large modern European kitchen, office, 18m swimming pool with sun terrace, great decor, vaulted ceilings and furniture throughout. Must

For Sale 48,000,000 ฿ For Rental 30,000 ฿
FIRESALE!!! Ocean Marina High Floor 178 sqm only 8.5m!

Location:Ban Amphur

We've never seen a unit go for this sort of money in Ocean Marina before. At 8.5 million THB for 178 sqm with such a stunning view this truly is a firesale. Featuring three spacious bedrooms, two with full seaview and one with great mountain views, three full bathrooms, fully renovated. Large open plan living area and kitchen, two balconies and superb seaviews. Plus excellent building facilities and of course, full marina access. Nice a bit of light renovation but 500k would do most work.

For Sale 8,500,000 ฿ For Rental 30,000 ฿
Opulent Estate Home For Sale in Huay Yai

Location:Huay Yai

This grand and unique property is situated just of Soi K9 in Huay Yai. The main house covers an impressive 350 sqm of living space that is comprised of a large main living area with vaulted ceilings, four large bedrooms, all with very well appointed ensuite bathrooms and top quality built-in furniture, huge country-style kitchen with large pantry area...all facing towards a very impressive garden and private lake.

For Sale 33,000,000 ฿
For Rent 80,000 ฿ For Rental 30,000 ฿
©2010 Property Marketing Specialists (Jomtien) Company Limited. Address 315/185-186, M12, Thappraya Road, Pattaya, Chonburi 20260 Phone +66 38 303 243 Fax +66 38 303 073 English +66 861 086 575 Russian +66 897 533 181