LWS forecasts the value of the transfer of ownership Housing all over the country "Houses-Condos" in 2023 were at 1.06-1.08 trillion, remaining similar to 2022 or increasing slightly by 1-2%. Outstanding housing units were 85,675 units, taking 4-5 years to sell, while house prices increased by an average of 5- 10% in 2024 to receive rising costs

LWS Wisdom and Solutions Company Limited (LWS), a real estate research and development company affiliated with L.P.N. Development Public Company Limited, has released a report on the launch of housing in the Bangkok area. Metropolitan area that in 2023 there will be a total of 437 new projects launched, with a total project launch value of 544,265 million baht, an increase of 11% and 18%, respectively.

Compared to the total number of projects launched at 394 and the project launch value of 459,374 million baht in 2022, while project launch units in 2023 totaled 99,012 new launch units, a decrease of 4% compared to the number. 103,466 units were launched in 2022, while the average sales rate on project launch date in 2023 was 17% of the project launch value, down from 2022, which had an average sales rate on launch date of 20. %

Mr. Praphansak Rakchaiwan, Managing Director of LWS, stated that the launch of many projects in 2023 resulted in the number of outstanding housing units in the Bangkok-metropolitan area at the end of 2023. The housing category was 145,634 units, an increase of 12.6% from There were 129,298 outstanding residential units at the end of 2022, while condominiums had 84,200 outstanding units, a decrease of 1.7% compared to 2022 with 85,675 outstanding units. It takes approximately 4-5 years to sell and condominium groups. It takes about 1-2 years to sell.

While the number and value of ownership transfers throughout the country The value of residential ownership transfers nationwide in 2023 is expected to be at 1.06-1.08 trillion baht, or approximately the same as in 2022, or an increase of 1-2 percent.

Year 2023 compared to 2022, in 2022 there was a total value of transfer of ownership of 1.06 trillion baht, with the transfer of ownership of housing throughout the country in the first 9 months of 2023, according to the report of the Real Estate Information Center. The Bank of Thailand stated that there were a total of 270,650 ownership transfer units, a decrease of 4.2% from the 282,648 ownership transfer units of the first 9 months of 2022.

While the value of ownership transfer in the first 9 months was 766,791 million baht, an increase of 1.6% from the value of ownership transfer of 755,178 million baht compared to the first 9 months of 2022, with the average price of housing ownership transfer in the first 9 months Year 2023 is at 2.83 million baht, an increase of 5.99% from the average price for transferring ownership of housing at 2.67 million baht per unit in the first 9 months of 2022.