Bangkok, Thailand
Property prices · 2024 · Asia
Property price trend in Bangkok (2024–2026)
Property comparison — cities in Thailand (2024)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Bangkok |
|---|---|---|---|---|
| Bangkok | THB 135,000 | THB 72,000 | THB 18,000 | — |
| Phuket | THB 95,000 | THB 65,000 | THB 18,000 | -29.6% |
| Pattaya | THB 75,000 | THB 52,000 | THB 14,000 | -44.4% |
| Chiang Mai | THB 65,000 | THB 45,000 | THB 12,000 | -51.9% |
Other Asia cities (2024)
Frequently asked questions
How much does property cost in Bangkok in 2024?
In Bangkok, the average price per sqm in the city centre is THB 135,000, and THB 72,000 outside the centre (2024 data). Prices have risen 7% since 2024.
How much is rent in Bangkok in 2024?
A 1-bedroom apartment in Bangkok rents for approximately THB 18,000 per month in 2024. A 3-bedroom apartment costs around THB 38,000/month.
Is it better to buy or rent in Bangkok?
Buying and renting are roughly comparable in Bangkok. The price-to-rent ratio is 18.0x — it would take approximately 18.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 5.20%.
What are mortgage rates in Thailand in 2024?
The average mortgage rate in Thailand is approximately 5.20% as of 2024. With a price-to-rent ratio of 18.0x, buyers should carefully weigh mortgage costs against rental savings.
What is the price per sqm in Bangkok?
The average property price per square metre in Bangkok city centre is THB 135,000 in 2024. Outside the centre, expect to pay around THB 72,000/sqm.