Pattaya and Bangkok lead surge in second-hand home market as total listings hit 750 billion baht

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Buyers check out second-hand homes in Pattaya, drawn by prime locations and more affordable prices amid a nationwide property market surge. (File Photo)

PATTAYA, Thailand – Thailand’s second-hand housing market is heating up, with total listings reaching 189,382 units nationwide in Q2 2025, valued at 758.5 billion baht—a 34.6% increase in units and 5.6% rise in value compared with the same period last year, according to the Real Estate Information Center (REIC) of the Government Housing Bank.



Among sellers, individuals and real estate agents accounted for 36.3% of listings but represented 67% of total market value, with an average listing price of 7.4 million baht per unit. Single-detached houses remain the most popular type at 44.1%, while condominiums saw unit numbers rise 11.2% but average prices fall due to an influx of more affordable options.

Notably, listings priced under 1 million baht accounted for 28.6% of the market, while the high-end segment over 7.5 million baht contracted slightly as supply was absorbed. Government measures such as LTV easing, lower transfer fees, and reduced interest rates have further supported the market, making second-hand homes an attractive option for buyers seeking good locations at lower prices.

In Pattaya, part of the Chonburi province cluster, activity remains strong with high demand for well-located units near the beach and city center. The area is part of the top 10 provinces for listings and property transfer value, alongside Bangkok, Nonthaburi, Samut Prakan, Chiang Mai, Phuket, and others, reflecting continued consumer interest in both residential and investment properties.

While overall property transfers nationwide fell 8.6% in units and 11.1% in value compared with last year, Q2 showed a rebound from Q1, with unit transfers up 18.2% and value up 16.8%, boosted by government incentives.