This needs more summaries, or a clearer message of what the numbers mean since we’re not sitting in front of the spreadsheets ourselves.

Great Content as usual! Very informative. Thank you Khun Jett

Excellent research and report brother. Thank you.

Nice to see some real data. Other agents out there aren’t doing this so I applaud your work.

Excellent break Jett. We have just bought a Condo in Samut Prakan with the intention to be our last residential purchase. Great price, great location and a brand new complex. It’s 5 star no doubt. Your summary is in great detail, thank you

Hi Jett, thanks for the great video as always. I really enjoy the data based ones as it’s hard to access as a non Thai speaker. Just wondering on your thoughts on the accuracy of the Knight Frank report, and how they are measuring this data? An increase in shanghai home prices in the past three months is hard to believe. Also, how do you think Thailand demographic challenges are going to affect the property market in the mid to long term? With a very low birth rate and a decreasing labor pool I would imagine this will put downwards pressure on the market?

Wonderful overview, also worth mentioning that this is Thai quota and Foreign quota mixed. The Foreign quota separated would show much steeper increase as the demand is so high now.

If to buy condo for living in bangkok is good, but never expect to sale or rent it out easily. The supply is too much, both new and 2nd hand.

Thanks for this. A question that has been nagging at me is whether condos in thailand retain their value as they age or do they depreciate. In the areas i've been looking at, it's common to see older and bigger condos much cheaper than newer but smaller condos in the same vicinity. I suppose management, build quality and maintenance plays a big role as well? Any developers to stick to or avoid? A video on this would be nice.

Hi Jett,I'll be in bangkok this month. would be love to see some condo options. Any suggestion on projects i should keep an eye on?

great research and reporting, thank you.

Good video as always :) Just thought I'd let you know you might want to rethink your working relationship with siam legal. Applied for an elite visa through them/you because I like your content and thought why not giving something back through it. Everything went smooth up to the point of sending the application. Ever since there's radio silence both via email & line on the simplest 2-3 questions lol

can u make a video around just what thai buyers are purchasing in the new and 2nd hand market? which areas? cost? property types? how this traction pace trending?

How does condo rent increase relate to real estate value increase?

Great information. Were the Knight-Frank numbers based on local currencies? or basis USD? Most local ccys have tanked vs the USD (including the THB), so the +4% gain would be offset by a -3% depreciation in the Baht (if the index is basis local ccy).

Good work. My perception of the second-hand condo market is that there was a time in the past that local buyers preferred to buy new, but that their attitude has changed in a climate where not buying secondhand might mean not being able to buy at all.

Data is strange, while Bangkok is "beating" say, Wellington, the resale value of Wellington is something Thai investors can only dream about.

Using data in this manner, especially when estimating value, can be misleading. It's a misconception to assume that each unit rented or bought equates to a direct gain of one unit sold or rented. In reality, when someone moves into a unit, they might be leaving another 'second-hand' unit behind, making the data change neutral. Alternatively, they might have been homeless or from a different region not covered in our data sample. It's essential to focus on net positive or negative demand, rather than static figures. Speculative value assessments don't directly tie into the core supply-demand dynamics, which can make the demand/supply matter confusing. If 200,000 units consistently remain vacant year after year, and tens of thousands of new units are introduced annually, the crucial question is: where is the demand originating from?

I see some units for locals, some units for foreigners, Do locals get the best view? best price?

good effort but the analytical methodology is rather weak the concept of using an average is a complete waste of time you need to look at price segments the entire appreciation over time has been in the core center silom langsuan appreciation of 100% in ten years all the other periferal areas 0 So the issue is buy quality which now is very expensive or buy crap and it does not go up Good try Jett you are terrific marketer of your services but this analysis is for novices

Unfortunately, these data are moment in time data and do not answer the most important questions about the future. Here are some important questions people need to answer. Who are buying the properties? 49% of the condos are available for foreigners to buy, and most of those buyers are capital fleeing from China and Russia. Also, there are a lot of regional speculators (SE Asian speculators). How long will this last? Not forever. Also, Thailand's population is about to top out in a few years. The population will then turn down like in Europe, Japan, South Korea, and China. In other words, the demand from local Thais will top out in a decade. Once everyone has a home, who will buy a new one? Will Thailand be like China where there are 2x the homes as there are people in the country? Thailand home builders cannot overcome demographics. Just remember that the 51% that are allocated to Thais are bought up by locals that need property, speculators, and foreigners trying to circumvent the restrictions. These two issues worry me about the future resale of property here. At one time, condos were averaging over 1 mill USD in China. Then one day, that nation woke up and realized there were 2x the properties built as there are people in China. Look it up. There is a reason Evergrande and Country Garden are in deep poo poo.