Authored by the expert who managed and guided the team behind the Thailand Property Pack
Yes, the analysis of Bangkok's property market is included in our pack
This guide breaks down exactly what apartments really cost in Bangkok in 2026, from purchase prices to ongoing expenses.
We update this article regularly to reflect the latest market data and conditions in Bangkok's real estate market.
All figures are based on verified sources and our own market research across Bangkok's diverse neighborhoods.
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.
How much do apartments really cost in Bangkok in 2026?
What's the average and median apartment price in Bangkok in 2026?
As of January 2026, the median condo price in Bangkok sits around THB 125,000 per square meter (about 4,000 USD or 3,400 EUR per square meter), while the average price reaches closer to THB 150,000 per square meter (roughly 4,800 USD or 4,050 EUR per square meter) because luxury developments pull the average upward.
For a full apartment rather than just per-square-meter pricing, a typical mid-market Bangkok condo of around 45 square meters costs approximately THB 5.6 to 6.8 million (180,000 to 220,000 USD, or 150,000 to 185,000 EUR), though this varies dramatically by neighborhood and building quality.
Most standard Bangkok apartments that buyers actually consider fall within a practical citywide range of THB 90,000 to 220,000 per square meter (2,900 to 7,000 USD, or 2,400 to 5,950 EUR per square meter), with the lower end representing outer suburban areas and the higher end covering prime central business district locations.
How much is a studio apartment in Bangkok in 2026?
As of January 2026, a typical studio apartment in Bangkok costs between THB 3.3 and 4.8 million (105,000 to 155,000 USD, or 90,000 to 130,000 EUR) for mid-market options in decent locations with transit access.
Entry-level studios in suburban Bangkok neighborhoods like Bang Na or Lat Phrao can be found for THB 2.2 to 3.2 million (70,000 to 100,000 USD, or 60,000 to 85,000 EUR), while high-end studios in prime areas like Thong Lo or Sukhumvit can reach THB 5 to 8 million or more (160,000 to 255,000 USD, or 135,000 to 215,000 EUR).
Bangkok studio apartments typically measure between 24 and 30 square meters, which is compact by Western standards but common for the Thai condo market where developers optimize for affordability and transit-oriented living.
How much is a one-bedroom apartment in Bangkok in 2026?
As of January 2026, a typical one-bedroom apartment in Bangkok costs between THB 4.9 and 7.5 million (155,000 to 240,000 USD, or 130,000 to 200,000 EUR) for mid-market options in neighborhoods with good transit connections.
Budget-conscious buyers can find one-bedroom condos in outer Bangkok areas for THB 3 to 4.8 million (95,000 to 155,000 USD, or 80,000 to 130,000 EUR), while prime central locations like Asok, Phrom Phong, or Silom command THB 8 to 14 million or higher (255,000 to 450,000 USD, or 215,000 to 380,000 EUR) for comparable unit sizes.
One-bedroom apartments in Bangkok typically range from 32 to 45 square meters, with newer developments often maximizing usable space through efficient layouts even in smaller footprints.
How much is a two-bedroom apartment in Bangkok in 2026?
As of January 2026, a typical two-bedroom apartment in Bangkok costs between THB 8.6 and 13.5 million (275,000 to 430,000 USD, or 230,000 to 365,000 EUR) for mid-market options in well-connected neighborhoods.
More affordable two-bedroom condos in suburban areas start around THB 5 to 8.5 million (160,000 to 270,000 USD, or 135,000 to 230,000 EUR), while prime locations in central Bangkok can push prices to THB 14 to 30 million or significantly higher (450,000 to 960,000 USD, or 380,000 to 810,000 EUR) depending on building prestige and exact location.
By the way, you will find much more detailed price ranges for apartments in our property pack covering the property market in Bangkok.
How much is a three-bedroom apartment in Bangkok in 2026?
As of January 2026, a typical three-bedroom apartment in Bangkok costs between THB 15 and 25 million (480,000 to 800,000 USD, or 405,000 to 675,000 EUR) for mid-market options, though this segment heavily overlaps with the luxury market.
Value-oriented three-bedroom condos in suburban areas can occasionally be found for THB 9 to 15 million (290,000 to 480,000 USD, or 245,000 to 405,000 EUR), while prime and luxury three-bedroom units in central Bangkok districts regularly command THB 30 to 80 million or more (960,000 to 2.5 million USD, or 810,000 to 2.1 million EUR).
Three-bedroom apartments in Bangkok typically measure between 90 and 130 square meters, and because larger units disproportionately appear in premium buildings, the per-square-meter rate often runs higher than the citywide average.
What's the price gap between new and resale apartments in Bangkok in 2026?
As of January 2026, new-build condos in Bangkok typically sell for about 10 to 20% more per square meter than comparable resale units, though this gap has narrowed because developers are prioritizing sales of completed inventory with discounts and incentives.
New-build apartments in Bangkok average around THB 130,000 to 150,000 per square meter (4,150 to 4,800 USD, or 3,500 to 4,050 EUR per square meter) depending on location, with prime area launches reaching THB 200,000 or higher per square meter.
Resale apartments in Bangkok average closer to THB 110,000 to 130,000 per square meter (3,500 to 4,150 USD, or 3,000 to 3,500 EUR per square meter), with older buildings in good locations sometimes offering significant value compared to new developments nearby.
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Can I afford to buy in Bangkok in 2026?
What's the typical total budget (all-in) to buy an apartment in Bangkok in 2026?
As of January 2026, the typical all-in budget to buy a standard mid-market one-bedroom apartment in Bangkok runs approximately THB 5.5 to 8 million (175,000 to 255,000 USD, or 150,000 to 215,000 EUR), which includes the purchase price plus all buyer-side costs.
Beyond the purchase price, Bangkok apartment buyers should budget for Land Office registration fees, legal and due diligence costs, sinking fund contributions for new buildings, and advance common area fee payments that some developers require at transfer.
We go deeper and try to understand what costs can be avoided or minimized (and how) in our Bangkok property pack.
You can also read our dedicated blog article to understand what you can at different budget levels in Bangkok.
What down payment is typical to buy in Bangkok in 2026?
As of January 2026, the typical down payment for foreign buyers purchasing a Bangkok apartment is effectively 100% of the purchase price plus fees, since Thai banks rarely offer mortgages to non-residents, meaning most foreigners pay cash for their Bangkok condo purchase.
For Thai nationals or residents with established local banking relationships, the minimum down payment that most lenders require ranges from 10 to 20% depending on the property value and buyer profile, though actual requirements vary by bank and borrower creditworthiness.
To secure favorable mortgage terms in Bangkok, Thai buyers typically put down 20 to 30% of the purchase price, which helps qualify for better interest rates and demonstrates financial stability to lenders in a market where purchasing power constraints have become more prominent.
You can also read our latest update about mortgage and interest rates in Thailand.
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.
Which neighborhoods are cheapest or priciest in Bangkok in 2026?
How much does the price per m² for apartments vary by neighborhood in Bangkok in 2026?
As of January 2026, Bangkok apartment prices per square meter range dramatically from about THB 70,000 (2,240 USD, 1,900 EUR) in outer suburban areas to over THB 400,000 (12,800 USD, 10,800 EUR) in ultra-prime central locations, representing more than a fivefold difference across the city.
The most affordable Bangkok neighborhoods for condo buyers include Bang Na, Udom Suk, Lat Phrao, Bang Kapi, Ramkhamhaeng, and parts of Pinklao and Thonburi away from BTS lines, where typical prices run THB 70,000 to 150,000 per square meter (2,240 to 4,800 USD, or 1,900 to 4,050 EUR per square meter).
The most expensive Bangkok neighborhoods for condo buyers include Thong Lo, Ekkamai, Phrom Phong, Chidlom, Ploenchit, Wireless Road, and prime Silom and Sathorn, where typical prices run THB 180,000 to 450,000 or higher per square meter (5,750 to 14,400 USD, or 4,850 to 12,150 EUR per square meter).
By the way, we've written a blog article detailing what are the current best areas to invest in property in Bangkok.
What neighborhoods are best for first-time buyers on a budget in Bangkok in 2026?
As of January 2026, the top three Bangkok neighborhoods for budget-conscious first-time condo buyers are On Nut along the BTS Sukhumvit line, the Ratchada and Huai Khwang corridor along the MRT, and Bang Na near the BTS extension, all offering transit access at significantly lower prices than central Bangkok.
These budget-friendly Bangkok neighborhoods typically offer one-bedroom apartments in the THB 3 to 5.5 million range (95,000 to 175,000 USD, or 80,000 to 150,000 EUR) and studios starting around THB 2.2 to 3.5 million (70,000 to 110,000 USD, or 60,000 to 95,000 EUR).
First-time buyers in these Bangkok areas benefit from good public transit connections, abundant condo inventory that creates comparison-shopping opportunities, growing commercial amenities, and strong rental demand if the unit is later rented out.
The main trade-off in these budget-friendly Bangkok neighborhoods is longer commute times to the central business district, typically 30 to 45 minutes by BTS or MRT, and fewer upscale dining and entertainment options compared to prime inner-city areas.
Which neighborhoods have the fastest-rising apartment prices in Bangkok in 2026?
As of January 2026, the Bangkok neighborhoods showing the strongest relative price momentum include Rama 9 and the New CBD area around MRT Phra Ram 9, the Bang Sue and Tao Poon transport hub zone, and parts of Ari and Saphan Khwai where lifestyle popularity meets limited land supply.
These faster-appreciating Bangkok neighborhoods have seen estimated year-over-year price increases of roughly 3 to 7% in the segments with strongest demand, which represents relative outperformance in a broader market that has been flat to slightly declining overall.
The main driver behind price growth in these Bangkok neighborhoods is infrastructure development and improving connectivity, particularly new MRT and BTS extensions, combined with job node expansion in areas like Rama 9 where office and commercial development continues to attract workers who want to live nearby.
You can also read our latest update about property price forecasts in Bangkok.
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What extra costs will I pay on top of the apartment price in Bangkok in 2026?
What are all the buyer closing costs when you buy an apartment in Bangkok?
The estimated total buyer closing costs for a typical Bangkok apartment purchase range from THB 120,000 to 400,000 (3,850 to 12,800 USD, or 3,250 to 10,800 EUR) depending on purchase price, property type, and what the seller agrees to cover.
The main categories of closing costs for Bangkok apartment buyers include transfer registration fees at the Land Office, professional legal and due diligence fees, translation and document certification costs where needed, plus building-level charges like sinking fund contributions and advance common area fee payments.
The largest closing cost expense for Bangkok buyers is typically the transfer registration fee, which is nominally 2% of appraised value but has been temporarily reduced to just 0.01% for properties up to THB 7 million through June 2026 as part of government stimulus measures.
Several closing costs in Bangkok are negotiable between buyer and seller, particularly who pays the transfer fee and how building charges are split, and in the current soft market with high unsold inventory, buyers have more leverage to negotiate favorable cost-sharing arrangements.
On average, how much are buyer closing costs as a percentage of the purchase price for an apartment in Bangkok?
The estimated typical percentage of purchase price that Bangkok apartment buyers should budget for closing costs is around 2.5% for resale condos and about 4.5% for new-build condos, with the difference mainly due to sinking fund and advance HOA payments required on new developments.
The realistic low-to-high percentage range for Bangkok buyer closing costs runs from about 2% on the low end for resale units with favorable negotiation to around 6% on the high end for new builds with substantial sinking fund requirements and less seller flexibility.
We actually cover all these costs and strategies to minimize them in our pack about the real estate market in Bangkok.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Thailand versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
What are the ongoing monthly and yearly costs of an apartment in Bangkok in 2026?
What are typical HOA fees in Bangkok right now?
HOA fees are standard for Bangkok condominiums and typically run THB 70 to 150 per square meter per month (2.25 to 4.80 USD, or 1.90 to 4.05 EUR per square meter monthly), which means a 45 square meter one-bedroom apartment costs roughly THB 3,150 to 6,750 per month (100 to 215 USD, or 85 to 180 EUR monthly) just in building fees.
The realistic range of Bangkok HOA fees extends from around THB 50 to 60 per square meter monthly for basic older buildings up to THB 200 or more per square meter monthly for luxury high-rises with extensive facilities like pools, gyms, concierge services, and premium common areas.
What utilities should I budget monthly in Bangkok right now?
The estimated total monthly utility cost for a typical Bangkok apartment runs THB 2,000 to 5,000 (65 to 160 USD, or 55 to 135 EUR) for a one-bedroom unit with moderate air conditioning usage, though this varies significantly based on lifestyle and apartment efficiency.
The realistic range of monthly utility costs in Bangkok extends from about THB 1,500 (50 USD, 40 EUR) for minimal usage in an efficient small studio to THB 7,000 or more (225 USD, 190 EUR) for larger units with heavy air conditioning use in hot months.
Bangkok apartment utilities typically include electricity (the biggest variable), water from the Metropolitan Waterworks Authority, and internet service, while gas is uncommon in most condos because cooking is typically electric.
Electricity is by far the most expensive utility for Bangkok apartment owners because air conditioning usage can swing your monthly electric bill from THB 1,200 to over THB 3,500 (40 to 110 USD, or 35 to 95 EUR) depending on how often you run the AC and your unit's efficiency.
How much is property tax on apartments in Bangkok?
The estimated typical annual property tax for a Bangkok apartment under the Land and Building Tax is relatively low for owner-occupied units, often in the range of THB 1,000 to 10,000 per year (32 to 320 USD, or 27 to 270 EUR annually) depending on official appraised value.
Bangkok property tax is calculated based on the official appraised value of the property and its usage category, with owner-occupied residential properties taxed at much lower rates than investment properties or commercial uses.
The realistic range of annual property tax in Bangkok varies from essentially negligible amounts for lower-value units to potentially THB 20,000 or more (640 USD, 540 EUR) for high-value properties, though most standard apartments fall in the lower to middle part of this range.
If you want to go into more details, we also have a blog article detailing all the property taxes and fees in Bangkok.
What's the yearly building maintenance cost in Bangkok?
The estimated typical yearly building maintenance cost for Bangkok apartment owners is primarily covered through monthly HOA fees, which for a 45 square meter one-bedroom unit totals roughly THB 38,000 to 81,000 per year (1,200 to 2,600 USD, or 1,000 to 2,200 EUR annually).
The realistic range of yearly maintenance costs in Bangkok varies from about THB 25,000 (800 USD, 675 EUR) for smaller units in basic buildings to over THB 150,000 (4,800 USD, 4,050 EUR) for larger luxury apartments with premium facilities and higher per-square-meter fees.
Building maintenance expenses in Bangkok condos typically include common area cleaning and security, swimming pool and gym upkeep, elevator maintenance, building insurance for common areas, management staff salaries, and contributions to the sinking fund for major repairs.
In Bangkok condos, building maintenance is largely included in HOA fees, but owners should also budget an additional personal buffer of roughly 0.3 to 0.7% of unit value per year for inside-unit repairs like air conditioning servicing, appliance replacement, and minor renovations that fall outside the building's responsibilities.
How much does home insurance cost in Bangkok?
The estimated typical annual home insurance cost for a Bangkok apartment ranges from THB 2,500 to 10,000 (80 to 320 USD, or 70 to 270 EUR annually) for contents and unit-level coverage, with pricing depending on coverage amount, included perils, and insurer.
The realistic range of annual home insurance costs in Bangkok extends from basic contents-only policies around THB 2,000 (65 USD, 55 EUR) to comprehensive coverage including flood and earthquake protection at THB 15,000 or more (480 USD, 405 EUR) for higher-value units.
Home insurance for Bangkok apartment owners is generally optional rather than mandatory, but it is worth noting that while the building's common areas are typically insured by the juristic person managing the condo, this coverage usually does not protect individual unit interiors or personal belongings.
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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 | Why it's authoritative | How we used it |
|---|---|---|
| Cushman & Wakefield Q3 2025 MarketBeat | Cushman & Wakefield is a major global property consultancy with standardized research. | We used it for concrete benchmark pricing of new-launch selling prices per square meter. We also used it to ground our early 2026 pricing assumptions. |
| Cushman & Wakefield Q4 2025 MarketBeat | It's the same global research team updating the market narrative through end-2025. | We used it to validate late-2025 price bands and developer discounting behavior. We also used it to understand negotiation dynamics entering 2026. |
| Bank of Thailand Property Price Index | The BOT is Thailand's central bank with official, documented property price indices. | We used it to anchor price direction using hedonic-index methodology. We used it as the official trend check against private market reports. |
| BIS series via FRED | FRED is a widely used public data platform with BIS property price statistics. | We used it to cross-check broader price level trends through Q3 2025. We used it as a sanity check on our early-2026 extrapolation. |
| CBRE Thailand Buying Guide | CBRE is a leading global real estate firm with practical buyer-facing guidance. | We used it for common fee ranges and typical fee structures buyers face. We used it to translate costs into simple budget checklists. |
| CBRE Thailand Market Outlook 2025 | It's a flagship annual outlook from a top-tier real estate research publisher. | We used it to frame early-2026 market context including demand drivers. We used it to keep the article grounded in current conditions. |
| Knight Frank Q1 2025 Report | Knight Frank is a globally recognized property consultancy with formal research. | We used it to triangulate developer pricing across segments. We used it as a second independent big-firm view alongside CBRE. |
| JLL Q3 2025 Residential Report | JLL is a major global consultancy with institutional-grade market analysis. | We used it to validate near-term outlook into 2026 including supply completion. We used it to support neighborhood momentum narratives. |
| Colliers Thailand Q3 2025 Report | Colliers is another top global property advisor with current Bangkok-focused research. | We used it to cross-check supply, take-up, and developer strategy. We used it to strengthen our new versus resale gap estimate. |
| TerraBKK citing REIC | REIC under Government Housing Bank is a widely cited official housing data source. | We used it to confirm late-2025 condo prices were flat to slightly down. We used it to keep our early-2026 estimates conservative. |
| Bangkok Post Property Section | It's a national newspaper clearly attributing data to REIC index reporting. | We used it as a second citation trail back to official REIC data. We used it to support the buyer-friendly market environment. |
| DDproperty Listings | DDproperty is a major portal in Thailand with transparent price-per-square-meter data. | We used it to sanity-check what sellers are actually advertising in early 2026. We used it only as triangulation, not as sole truth. |
| Metropolitan Electricity Authority | MEA is Bangkok's official electricity distributor and source of truth for rates. | We used it to ground monthly utility budgeting in real tariff mechanics. We used it to avoid guesswork on electricity costs. |
| Metropolitan Waterworks Authority | MWA is Bangkok's official water utility with authoritative tariff information. | We used it to estimate realistic water bills based on tariff blocks. We used it to build a low-surprise monthly utilities budget. |
| Office of Insurance Commission | OIC is Thailand's official insurance regulator. | We used it to anchor the regulatory context for home insurance guidance. We used it to keep insurance advice practical and compliant. |
| AXA Thailand Home Insurance | AXA is a major global insurer with transparent product information for Thailand. | We used it as a concrete example of condo insurance products available. We used it to calibrate realistic annual premium ranges. |
| Forbes & Partners Tax Guide | Forbes & Partners is a reputable legal firm explaining Thai property taxation. | We used it to describe Thailand's Land and Building Tax structure. We used it to provide realistic tax magnitude expectations. |
| Thai Property Lawyers | This is a reputable legal source explaining Thailand's condo foreign quota rules. | We used it to flag the practical constraint of the 49% foreign ownership quota. We used it to explain how this can affect buyer options. |
| Global Property Guide Thailand | Global Property Guide aggregates official data with clear methodology explanations. | We used it for broader market context and government incentive details. We used it to cross-reference official index movements. |
| Thailand Government PRD | This is an official Thai government public relations source on condo regulations. | We used it to verify condo insurance and safety coverage structures. We used it to ensure regulatory accuracy. |
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Thailand. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.