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New-Home Price Index Rises Slightly in Q3 as Developers Use Promotions Amid Weak Demand

Bangkok Post · Property

AI-generated conceptual illustration with fictional people, not a photograph of actual people or the reported event.
AI-generated conceptual illustration with fictional people, not a photograph of actual people or the reported event. · M31 NEWS · AI

Key summary

REIC data shows the new-home price index for Greater Bangkok rose 0.2% year-on-year to 131.5 in Q3 2026, with Bangkok at 132.4 and Nonthaburi/Pathum Thani/Samut Prakan at 128.6. Tritecha Tangmatitham of Supalai stated developers are cutting prices due to weak demand and limited mortgage access. Promotions included furnished homes (saving 20-30%), complimentary items (38.1% of campaigns), cash discounts (30.5%), and transfer expense coverage (31.4%). REIC expects gradual Q4 growth aided by fee cuts for homes under 7 million baht, despite rising material costs.

M31 Thailand News

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This article was restructured with AI-assisted translation and may contain errors. Please refer to the original source below for accuracy.

Source report

Bangkok Post · Property

Read original ↗https://www.bangkokpost.com/property/3345424/developers-offer-more-perks-to-lure-buyers

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