property
Bangkok Condo Market: 52 Days Average, 7% Price Cuts
Bangkok condo sellers extend discounts averaging 4.8% as properties average 52 days on market. Thonglor and Sukhumvit see steepest reductions amid foreign investment slowdown.
How we reported this
Properties across Bangkok now average 52 days on the market before sale, up from 38 days recorded in the same period last year, with vendors cutting asking prices by an average of 4.8 percent to secure buyers.
The shift comes as foreign investment slows under the 49 percent ownership cap and local buyers weigh higher interest rates against stock market volatility. Developers have responded by releasing more units in established corridors rather than launching new towers, tightening supply in premium pockets while pushing inventory elsewhere.
Thonglor and Sukhumvit Road see steepest cuts
Along Thonglor Soi 10, several resale units in the 180-square-metre range dropped from THB 28 million to THB 26 million within six weeks. Near the EmQuartier complex, agents report two-bedroom units listed at THB 145,000 per square metre now closing at THB 135,000 after repeated price drops. On Sukhumvit Road between Soi 24 and Soi 26, listings that lingered past 60 days carried average discounts of 6.2 percent, according to transaction records from the first half of 2026.
Ari and On Nut continue to attract first-time buyers. Townhouses along Ari Soi 3 changed hands in 41 days on average, with prices holding near THB 95,000 per square metre. In On Nut, new supply near the BTS station has kept days on market under 35, though vendors still trimmed THB 300,000 to THB 500,000 off original quotes to close deals.
Market data points to measured softening
City-wide average prices remain at THB 120,000 per square metre, yet the share of transactions closed below asking price rose to 61 percent in June 2026 from 47 percent twelve months earlier. Silom offices converted to residential have recorded the longest hold times, with one 95-square-metre unit on Silom Soi 3 taking 71 days and settling 7 percent under the initial list.
Buyers entering now should review recent comparable sales on the same soi before making offers and request vendor-paid transfer fees as standard. Short-term rental yields in Thonglor and Ari still support holding periods under 48 days when units are priced within 3 percent of recent closes, giving prepared purchasers leverage on final terms.
This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.