Investment and yield

How to Determine the Real Resale Price of a Condo in Thailand

A condo’s asking price reflects the seller’s expectations and rarely reveals its fair market value. This guide explains how to select comparable units within the same condominium, compare prices per square metre, adjust…

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Frequently asked questions

No. The asking price reflects the seller’s expectations. Market value should be supported by comparable units, their condition, floor, view, ownership structure and current competition inside the condominium.

Collect at least five to ten listings and remove duplicates or outdated advertisements. A final sample of three to seven genuinely comparable units is usually enough to establish a practical value range.

Yes, within a reasonable size range. Smaller units often have a higher price per square metre, so a large difference in area requires an additional adjustment.

Their impact depends on the building. An open sea view, better natural light and lower noise can support a premium, while an obstructed view or exposure to traffic may reduce the value.

Usually not. The government appraisal is a reference used during registration and for calculating certain charges. The market price is determined by current supply, demand and comparable units.

Yes. Foreign freehold may attract a wider group of international buyers, particularly in buildings where available foreign quota is limited. The premium should still be checked against comparable listings.

Start from the lower part of the supported market range and explain the calculation with comparable units, renovation costs, listing history and transfer expenses. The offer should remain realistic for the quality of the property.