Condo sales likely to remain flat on muted purchasing powerListen to this articleA condominium model is displayed at a house and condo fair in Bangkok in March, 2025. (Photo: Somchai Poomlard)The condo market in 2026 is expected to remain subdued but more selective, with developers prioritising inventory clearance, premium pricing and differentiated projects, amid weak domestic purchasing power and prolonged economic uncertainty. Foreign buyers, particularly the Chinese, will remain a key demand driver, especially in the condo sector, as Thai purchasing power remains insufficient to support a broad-based recovery. Cushman & Wakefield expects new condo launches in 2026 to remain below 15,000 units, with developers shifting focus towards smaller, faster-selling low-rise housing projects and selective condo developments. CBRE expects condo launches in 2026 to exceed last year's exceptionally low base, but developers will remain cautious, awaiting clearer signs of improved buyer confidence.
