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What are housing prices like in Bangkok right now? (2026)

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Authored by the expert who managed and guided the team behind the Thailand Property Pack

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Bangkok housing prices in 2026 are not moving in one single direction.

The condo market in outer Bangkok is soft and negotiable, while prime homes near BTS and MRT stations remain expensive.

We constantly update this blog post, and below we explain the current housing prices in Bangkok using fresh market data.

And if you’re planning to buy a property in this place, you may want to download our pack covering the real estate market in Bangkok.

Insights

  • The median housing price in Bangkok in 2026 is about THB 3.6 million, which means most individual buyers are looking at condos, not detached houses.
  • The average housing price in Bangkok in 2026 is much higher, around THB 6.8 million, because luxury condos and large homes pull the average upward.
  • Bangkok condo prices are very location-sensitive: outer areas can sit near THB 55,000 per sqm, while prime central areas can exceed THB 300,000 per sqm.
  • A buyer with around $200,000 can find a good Bangkok condo or townhouse, but usually not a prime luxury home in Sukhumvit or Lumpini.
  • Listed prices in Bangkok are often negotiable in 2026, especially for older resale condos, outer-city units and projects with slow absorption.
  • New homes in Bangkok usually cost about 8% to 18% more than similar existing homes, but weak demand keeps this premium under control.
  • Prime Bangkok condos stay expensive because land near BTS, MRT, Lumpini, Phaya Thai, Silom and upper Sukhumvit is scarce.
  • Bangkok property buyers should add at least 4% to 8% above the purchase price for taxes, fees, small fixes and basic move-in costs.
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Fact-checked and reviewed by our local expert

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Chalinna Salvin 🇹🇭

Co-Founder, Best BKK Condos

Chalinna, a Thai local, is the co-founder of one of Thailand’s top real estate agencies for foreigners. She’s also an expert on all the districts in Bangkok and knows the city’s top development projects inside out. When it comes to negotiating, she’s got you covered and will make sure you get the best deal possible. We spoke with her and added her insights to this blog post to bring a personal touch to our analysis.

What is the average housing price in Bangkok in 2026?

The median housing price in Bangkok is more useful than the average price because it shows what a normal buyer is more likely to pay, while the average is pushed up by luxury condos and large houses.

We are writing this in June 2026 with the latest data collected from official sources, real estate consultancies and market reports that we manually double checked.

The median housing price in Bangkok in 2026 is about THB 3.6 million, or about $109,600 and €95,100. The average housing price in Bangkok in 2026 is about THB 6.8 million, or about $207,000 and €179,600.

For most residential properties in Bangkok in 2026, a realistic price range is about THB 1.8 million to THB 18 million, or about $54,800 to $548,000.

A realistic entry range in Bangkok in 2026 is about THB 1.8 million to THB 3 million, or about $54,800 to $91,300 and €47,500 to €79,200, which can buy a small 24 to 32 sqm condo in areas such as Srinakarin, Thaphra, Bang Na or outer Ratchada.

A typical luxury property range in Bangkok in 2026 is about THB 30 million to THB 120 million, or about $913,000 to $3.65 million and €792,000 to €3.17 million, which can buy a large luxury condo in Phrom Phong, Thong Lo, Central Lumpini, Phaya Thai or Silom-Sathorn.

By the way, you will find much more detailed price ranges in our property pack covering the real estate market in Bangkok.

Sources and methodology: we used Bank of Thailand price indices to anchor the market direction. We used Cushman & Wakefield, CBRE Thailand and JLL to estimate current prices. We converted THB into dollars and euros with Bank of Thailand FX rates from 9 June 2026.

Are Bangkok property listing prices close to the actual sale price in 2026?

In Bangkok in 2026, we estimate that actual closing prices are usually 6% to 10% below listed prices, with a central estimate around 8%.

This gap exists because buyers are cautious, banks are selective and many developers still want to clear unsold condo inventory. The gap is usually smaller, around 2% to 5%, for rare prime condos in top buildings, but it can reach 10% to 15% for older resale units, outer Bangkok condos and sellers who need liquidity.

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What is the price per sq m or per sq ft for properties in Bangkok in 2026?

As of June 2026, the median housing price in Bangkok is about THB 115,000 per sqm, or about $3,500 per sqm and €3,040 per sqm, which equals about THB 10,700 per sqft, or $325 per sqft and €282 per sqft. The average housing price in Bangkok is about THB 140,000 per sqm, or about $4,260 per sqm and €3,700 per sqm, which equals about THB 13,000 per sqft, or $396 per sqft and €344 per sqft.

The highest prices per sqm in Bangkok in 2026 are usually small and medium luxury condos in prime central areas, while the lowest prices per sqm are outer-city mass-market condos and older low-rise homes because land is less scarce and competition is higher.

The highest price ranges are usually found in Central Lumpini, Phaya Thai, Phrom Phong, Thong Lo and Silom-Sathorn, where prices often sit between THB 220,000 and THB 420,000 per sqm. The lowest price ranges are usually found in Min Buri, Lat Krabang, Srinakarin and outer Bang Na, where prices often sit between THB 55,000 and THB 90,000 per sqm.

Sources and methodology: we used Cushman & Wakefield for submarket condo prices in Bangkok. We checked the direction against CBRE Thailand and JLL. We rounded price per sqft from price per sqm to keep the numbers easy to read.

How have property prices evolved in Bangkok?

Compared with one year ago, Bangkok housing prices in 2026 are roughly up about 1% in nominal terms. In real terms, after inflation, Bangkok housing prices are probably down about 1.5% to 2%, mainly because buyer demand has been slow and developers are still managing inventory.

Compared with two years ago, Bangkok property prices in 2026 are slightly higher in prime locations but still weak in many mass-market condo areas. The main reason is simple: land and construction costs have risen, but many buyers still have limited borrowing power.

By the way, we’ve written a blog article detailing the latest updates on property price variations in Thailand.

Finally, if you want to know whether now is a good time to buy a property there, you can check our pack covering everything there is to know about the housing market in Bangkok.

Sources and methodology: we used Bank of Thailand residential indices for current price movement. We used Thailand Ministry of Commerce CPI data to think about inflation. We used FRED BIS data as a long-term cross-check.

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How do prices vary by property type in Bangkok in 2026?

In Bangkok in 2026, we estimate that condos represent about 72% of the visible buyer market, townhouses about 15%, detached houses about 8%, luxury detached homes about 2% and shophouses about 3%, because condos are the easiest product for individual buyers and foreign buyers to compare.

Condos in Bangkok average around THB 4.8 million, or $146,000 and €126,800. Townhouses average around THB 5.5 million, or $167,500 and €145,300, while detached houses average around THB 16 million, or $487,000 and €422,600. Luxury detached or villa-style homes average around THB 55 million, or $1.67 million and €1.45 million, while shophouses average around THB 12 million, or $365,000 and €316,900.

If you want to know more, you should read our dedicated analyses:

Sources and methodology: we used REIC for official real estate market context. We used Cushman & Wakefield for condo-heavy pricing. We adjusted the mix because Bangkok’s buyer market is much more visible for condos than for detached houses.

How do property prices compare between existing and new homes in Bangkok in 2026?

In Bangkok in 2026, a new home usually costs about 8% to 18% more than a similar existing home, with a practical central estimate around 12%.

This premium exists because new Bangkok projects offer newer facilities, easier financing and better warranties, but the premium is limited because developers still need to sell inventory in a cautious market.

Sources and methodology: we compared new-launch price data from Cushman & Wakefield with resale-oriented market commentary. We checked demand conditions with CBRE Thailand and JLL. We used a range because the premium changes a lot by building age, location and developer.

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How do property prices vary by neighborhood in Bangkok in 2026?

Phrom Phong and Thong Lo are among the most expensive Bangkok neighborhoods in 2026, with many luxury condos, serviced-style condos and larger two-bedroom units. Typical prices are about THB 18 million to THB 45 million, or about $548,000 to $1.37 million and €475,000 to €1.19 million, because the area has BTS access, international schools, restaurants and strong expat demand.

Asoke, Nana and Lower Sukhumvit offer central condos, older large units and new luxury units. Typical prices are about THB 10 million to THB 35 million, or about $304,000 to $1.07 million and €264,000 to €924,000, because the area has both BTS and MRT access and remains one of Bangkok’s strongest rental locations.

Ari and Phaya Thai offer mid-to-upper condos and city homes that feel more residential than lower Sukhumvit. Typical prices are about THB 8 million to THB 28 million, or about $244,000 to $852,000 and €211,000 to €740,000, because the area has BTS access, cafés, hospitals, offices and a quieter lifestyle.

You will find a much more detailed analysis by areas in our property pack about Bangkok. Meanwhile, here is a quick summary table we have made so you can understand how prices change across areas:

Bangkok area Market label Typical total price Typical price per sqm Typical price per sqft
Central Lumpini Luxury / CBD THB 18m to 80m / $548k to $2.44m THB 280k to 380k / $8,525 to $11,570 THB 26k to 35k / $792 to $1,075
Phaya Thai / Pathumwan Prime transit / luxury THB 15m to 75m / $457k to $2.28m THB 300k to 420k / $9,130 to $12,790 THB 28k to 39k / $848 to $1,188
Silom-Sathorn CBD / executive THB 12m to 60m / $365k to $1.83m THB 220k to 320k / $6,700 to $9,740 THB 20k to 30k / $623 to $905
Phrom Phong / Thong Lo Expat / luxury THB 12m to 70m / $365k to $2.13m THB 230k to 360k / $7,000 to $10,960 THB 21k to 33k / $650 to $1,018
Asoke / Nana Central / rental THB 8m to 40m / $244k to $1.22m THB 180k to 300k / $5,480 to $9,130 THB 17k to 28k / $509 to $848
Riverside Lifestyle / views THB 7m to 45m / $213k to $1.37m THB 130k to 260k / $3,960 to $7,920 THB 12k to 24k / $368 to $735
Ari Popular / lifestyle THB 6m to 28m / $183k to $852k THB 150k to 260k / $4,570 to $7,920 THB 14k to 24k / $424 to $735
Rama 9 / Ratchada Commute / new CBD THB 4m to 18m / $122k to $548k THB 100k to 180k / $3,045 to $5,480 THB 9k to 17k / $283 to $509
On Nut Value / expat entry THB 3m to 12m / $91k to $365k THB 90k to 160k / $2,740 to $4,870 THB 8k to 15k / $255 to $452
Bang Na Family / commute THB 2.5m to 15m / $76k to $457k THB 75k to 130k / $2,280 to $3,960 THB 7k to 12k / $212 to $368
Thaphra Affordable transit THB 2m to 8m / $61k to $244k THB 70k to 120k / $2,130 to $3,650 THB 6.5k to 11k / $198 to $339
Srinakarin / Lat Krabang Entry / outer growth THB 1.6m to 7m / $49k to $213k THB 55k to 100k / $1,675 to $3,045 THB 5.1k to 9.3k / $156 to $283
Sources and methodology: we used Cushman & Wakefield for Bangkok submarket ranges. We checked prime-market direction with CBRE Thailand and JLL. We rounded every range so buyers can compare neighborhoods quickly.

How much more do you pay for properties in Bangkok when you include renovation work, taxes, and fees?

In Bangkok in 2026, a buyer should usually add 4% to 8% above the purchase price for a no-renovation purchase, 10% to 18% for light renovation and 20% to 35% for heavy renovation.

For a Bangkok property bought around $200,000, or about THB 6.57 million, a sensible extra budget is about THB 400,000 to THB 1.2 million, or about $12,000 to $36,000. That means the total buyer budget may land around THB 7 million to THB 7.8 million if the property needs light work.

For a Bangkok property bought around $500,000, or about THB 16.42 million, a sensible extra budget is about THB 1 million to THB 3 million, or about $30,000 to $91,000. That means the full budget may be around THB 17.4 million to THB 19.4 million, especially if the buyer needs furnishing and small renovations.

For a Bangkok property bought around $1,000,000, or about THB 32.85 million, a sensible extra budget is about THB 2 million to THB 6 million, or about $61,000 to $183,000. That means the all-in budget can easily reach THB 35 million to THB 39 million if the property needs upgrading, furnishing and professional checks.

By the way, we keep updated a blog article detailing the property taxes and fees to factor in the total buying cost in Thailand.

Meanwhile, here is a detailed table of the additional expenses you may have to pay when buying a new property in Bangkok

Extra cost Type Estimated cost range in Bangkok
Transfer fee Tax / fee Budget around 1% to 2% buyer exposure in many deals, depending on the agreed split. On a THB 10 million property, this can mean about THB 100,000 to THB 200,000, or about $3,000 to $6,100.
Stamp duty or specific business tax Tax Stamp duty is often described at 0.5% when specific business tax does not apply, while specific business tax is often described at 3.3% when the seller has held the property for under five years. The seller often pays this, but the final split must be checked in the contract.
Withholding tax Tax This depends on the seller type and tax calculation. A buyer should not guess this amount alone, because the final figure is normally confirmed during the transfer process.
Legal due diligence Professional fee Budget around THB 50,000 to THB 150,000, or about $1,500 to $4,600. This is useful for checking title, contract terms, building status and payment conditions.
Agency fee Service fee In many Bangkok resale deals, the agency fee is paid by the seller. Still, buyers should check the contract because buyer exposure can range from 0% to 3% in some situations.
Basic furnishing Move-in cost Budget around THB 150,000 to THB 600,000, or about $4,600 to $18,300. This usually covers basic furniture, appliances, curtains and small upgrades.
Light renovation Renovation Budget around THB 8,000 to THB 18,000 per sqm, or about $244 to $548 per sqm. This can cover repainting, small bathroom upgrades, flooring repairs and built-in furniture.
Heavy renovation Renovation Budget around THB 20,000 to THB 45,000 per sqm, or about $609 to $1,370 per sqm. This is more realistic for older condos or townhouses that need major work.
Condo sinking fund Building fee Budget around THB 500 to THB 1,000 per sqm, or about $15 to $30 per sqm. This is usually a one-time building reserve contribution.
Common area fee Recurring fee Budget around THB 40 to THB 80 per sqm per month, or about $1.20 to $2.40 per sqm per month. Luxury buildings can cost more because facilities and staffing are more expensive.
Sources and methodology: we used Aster of Asia for Thailand transfer-fee explanations. We checked market assumptions against common Bangkok transaction practice and developer fee structures. We rounded renovation and furnishing costs because final quotes vary by building quality and contractor.
infographics comparison property prices Bangkok

We made this infographic to show you how property prices in Thailand compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.

What properties can you buy in Bangkok in 2026 with different budgets?

With $100,000, or about THB 3.28 million, there is a real Bangkok market, but mostly for small condos: a 26 to 30 sqm existing condo in Srinakarin, a 24 to 28 sqm new condo in Thaphra, or a 28 to 32 sqm older condo in Bang Na or Bearing.

With $200,000, or about THB 6.57 million, a buyer can look at a 40 to 45 sqm existing one-bedroom condo in On Nut, a 35 to 45 sqm new condo in Rama 9 or Ratchada, or a 120 to 150 sqm existing townhouse in Bang Na or Prawet.

With $300,000, or about THB 9.85 million, a buyer can look at a 55 to 65 sqm existing two-bedroom condo in On Nut or Phra Khanong, a 45 to 55 sqm older condo near Asoke or lower Sukhumvit, or a 150 to 180 sqm existing townhouse in Ladprao or Bang Na.

With $500,000, or about THB 16.42 million, a buyer can look at a 70 to 85 sqm existing two-bedroom condo in Ari or Phaya Thai, a 60 to 75 sqm older or smaller luxury condo in Thong Lo or Phrom Phong, or an existing detached house or large townhouse in Bang Na or Pattanakarn.

With $1,000,000, or about THB 32.85 million, a buyer can look at a 100 to 130 sqm luxury condo in Phrom Phong or Thong Lo, a 110 to 140 sqm high-grade condo in Silom-Sathorn, or a large existing detached house in Bang Na, Pattanakarn or Rama 9 suburbs.

With $2,000,000, or about THB 65.69 million, there is a strong luxury market in Bangkok: a 180 to 250 sqm luxury condo in Central Lumpini, a 180 to 240 sqm luxury condo in Phaya Thai or Pathumwan, or a large detached luxury home in Sukhumvit side streets, Pattanakarn or a Rama 9 high-end compound.

If you need a more detailed analysis, we have a blog article detailing what you can buy at different budget levels in Thailand.

What sources have we used to write this blog article?

Whether it’s in our blog articles or the market analyses included in our property pack about Bangkok, we always rely on the strongest methodology we can, and we don’t throw out numbers at random.

We also aim to be fully transparent, so below we’ve listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.

Source used Why we trust it How we used it
Bank of Thailand, Residential Property Price Index Thailand’s central bank publishes the official residential property price index using mortgage-loan data. We used it to anchor Bangkok price movement in 2026. We also used the methodology note because the index is based on bank and Government Housing Bank mortgage data.
Bank of Thailand, Daily FX rates This is the official source for THB exchange rates. We used the 9 June 2026 mid-rates for THB, USD and EUR conversions. We applied one consistent exchange rate across the article.
Cushman & Wakefield, Bangkok Condominium MarketBeat Q1 2026 Cushman & Wakefield is a major global real estate advisory firm with local Bangkok research. We used it for Bangkok condo supply, new launches and submarket price-per-sqm benchmarks. We also used it to compare outer Bangkok prices with prime Bangkok prices.
CBRE Thailand, Bangkok Overall Figures Q1 2026 CBRE is one of the largest real estate consultancies in Thailand and publishes market figures. We used it to confirm that Bangkok condo buyers were cautious in early 2026. We also used it to support the negotiation and discount assumptions.
JLL, Bangkok Residential Market Dynamics Q1 2026 JLL is a major real estate consultancy with regional and Bangkok residential coverage. We used it to check inventory pressure and discounted demand in mid-Sukhumvit. We treated it as a qualitative cross-check rather than the only price source.
Thailand Ministry of Commerce, CPI open data The Ministry of Commerce is Thailand’s official compiler of consumer price inflation. We used it to think about inflation-adjusted price changes. We compared nominal property movement with consumer inflation to estimate real price movement.
REIC, Government Housing Bank REIC is Thailand’s official real estate information center under Government Housing Bank. We used it for official real estate market context. We also used it to check whether private-sector price trends looked plausible.
FRED, BIS Bangkok residential property prices FRED republishes the BIS residential property price series for long-run comparison. We used it as a long-term cross-check for Bangkok price direction. We did not use it for neighborhood prices because it is an aggregate index.
Bank for International Settlements, property price statistics The BIS provides international property price statistics used for cross-country comparison. We used it as background for long-run price-index consistency. We did not use it to estimate street-level prices in Bangkok.
Bangkok Post, Bangkok condo price reporting Bangkok Post is a long-running English-language news source covering Thailand’s property market. We used it to cross-check reported cost and price pressures in Greater Bangkok. We treated it as supporting context, not as the main dataset.
Aster of Asia, Thailand property transfer fees guide This source gives a practical explanation of property transfer fees in Thailand. We used it to describe common transfer fees, stamp duty, specific business tax and withholding tax. We kept the explanation simple because exact allocation depends on the contract.
Thailand Land Department The Land Department is the official authority involved in land and property registration in Thailand. We used it as official background for transfer and registration context. We did not use it to estimate market prices because it is not a neighborhood asking-price database.

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