Thailand · June 2026
Thailand property market holds firm as tourism normalises into mid-2026.
Inbound arrivals continue tracking pre-cycle highs, Phuket and Pattaya resort occupancies remain firm, and Bangkok long-stay rental demand is anchored by corporate and medical inflows.
Visitor arrivals tracking pre-cycle highs through Q2.
Resort ADR holding firm into the green season.
Corporate and medical demand anchoring inner-city rentals.
THB range-bound versus USD, supportive for foreign buyers.
Phuket, resort cycle remains constructive.
Phuket's branded resort residence segment continues to absorb demand from European, Middle Eastern and intra-ASEAN travellers. Operator data indicates resilient ADR and occupancy through the shoulder season, supporting the underwriting assumptions used in our resort property investment coverage.
Pattaya, yield-led pricing, broad demand mix.
Pattaya's lower entry tickets and diversified visitor mix continue to support gross rental yields above the Phuket and Bangkok averages. Eastern Economic Corridor infrastructure progress remains a structural tailwind for the catchment.
Bangkok, long-stay demand anchors yield.
Inner-city Bangkok condominiums remain underpinned by long-stay corporate, embassy and medical-tourism demand. Liquidity in the secondary market is steady on well-located rail-served stock.
Policy & FX.
No material change to the foreign-ownership framework. The Thai baht has remained range-bound against the US dollar, preserving entry economics for international investors funding acquisitions in hard currency.