Thailand Real Estate and Construction Sector Report 2018/2019An EMIS Insights Industry Report
EMIS is an ISI Emerging Markets Group Company Date: August 2018
Available in: English
Thailand’s real estate and construction sector accounted for 8.8% of the country’s GDP in 2017. The real estate sector alone reported GVA of THB 964bn, while the construction sector posted GVA of 399bn in 2017. Real estate and construction together employed 2.36mn persons in 2017, and accounted for 6.3% of total employment in Thailand in that year. Infrastructure construction in particular hinges on public spending and is susceptible to associated risks such as project delays or budget cuts. Property construction is dominated by the housing segment, which in turn is mostly driven by condominium construction, catering to Thailand’s urbanising middle class. The high household debt of Thais is a major challenge for prospective home buyers. That excluded, the sector generally expects bright prospects for the future, reflecting Thailand’s strengthening position as a regional investment hub.
This report provides a complete and detailed analysis of the construction and real estate sector for Thailand. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.
What this report allows you to do:
- Understand the key elements at play in the construction and real estate sector in Thailand
- Access forecasts for growth in the sector
- View key production and market value data for the sector in Thailand
- Crystallise the forces both driving and restraining this sector in Thailand
- Ascertain Thailand’s position in the global sector
- Get a complete perspective on completed and planned construction works, as well as investment and employment
- Understand the competitive landscape and who the major players are
- View M&A activity and major deals
- Gain an understanding of the regulatory environment for the sector in Thailand
- Build a clear picture of production and completed constructions for sub-sectors (e.g. residential, non-residential and civil engineering) and the property market dynamics (e.g. vacancy rates, new leases and new projects).
See below for a complete table of report contents: