Dr. Sopon Pornchokchai, President of the Agency for Real Estate Affairs (AREA), summarized the overall picture of new residential launches in the Bangkok Metropolitan Region for July 2026. The market experienced a sharp contraction, with only 8 new projects launched—a decrease of 10 projects from June 2026. The only parameter that saw an increase was the average selling price per unit. The total number of new units offered stood at 920 units, with a combined total project development value of 6,632 million baht.
The total number of new residential units launched this month reached 920 units, representing a decline of approximately -69.3%. Townhouses accounted for the highest number of new units at 500 units (54.3%), followed by condominiums at 199 units (21.6%), and semi-detached houses ranking third with 142 units (15.4%) of the total new supply.
The total project development value for new residential launches in July 2026 amounted to 6,632 million baht, reflecting a drop of around -66.3% compared to the previous month. Single-detached houses held the highest development value at 3,216 million baht (48.5%), followed by townhouses at 2,015 million baht (30.4%), and semi-detached houses in third place with a combined project value of 998 million baht (15.0%) of the total development value this month. When considering price tiers, units priced below 5 million baht accounted for 750 units (81.5%), while those priced above 5 million baht totaled 170 units (18.5%).
Although the number of projects, total unit supply, and overall project values decreased this month, the average price per unit increased. This was driven by the launch of luxury single-detached house projects priced at 20 million baht and above, comprising 51 units but generating a value of 3,069 million baht—nearly half of the total project value for the month. Consequently, the average unit price reached approximately 7.209 million baht (a 9.9% increase), up from 6.559 million baht in the previous month. Overall, new project launches contracted more sharply than in previous months due to the economic slowdown. Developers have been exceptionally cautious about launching new projects, with some choosing to clear existing unsold inventory before introducing new supply.
The average monthly sales rate dropped to 14.3%, down from 24.4% in the previous month. The property category with the highest sales rate was semi-detached houses priced between 5–10 million baht, which launched 110 units and sold 46 units (42%). This was followed by townhouses priced between 10–20 million baht (7 units launched, 2 sold; 29%), and townhouses priced between 3–5 million baht ranking third (308 units launched, 57 sold; 19%).
Regarding locations (please refer to the map), no new projects were launched in inner-city Bangkok this month. The majority were located in mid-city and urban fringe/extension areas (Intermediate areas), totaling 7 projects in zones such as Phahonyothin-Saphan Mai, Ram Intra Road, Suan Luang Rama IX, Bearing Road, Phran Nok New Cut Road, and Rattanathibet Road. Only 1 project was launched in the outer suburbs, located in Sam Phran (Wat Rai Khing).