世邦魏理仕（CBRE）：2026年泰国房地产市场展望报告（英文版）（28页）.pdf

1、REPORT2026 ThailandReal Estate Market Outlook THAILANDCBRE RESEARCHFEBRUARY2026Intelligent Investment2CBRE RESEARCH 2026 CBRE,INC.Intelligent Investment2026 Real Estate Market Outlook|THAILANDContentsOutlook3Industrial&Logistics4Hotel8Office12Retail16Condominiums20Low-rise Housing243CBRE RESEARCH 20

2、26 CBRE,INC.Intelligent Investment2026 Real Estate Market Outlook|THAILAND2026 Outlook01OutlookAccelerating Market DeclineSlowing Market DeclineMarket RecoveryMarket GrowthLow-rise HousingRetailOfficeHotelIndustrial&LogisticsCondominiumIndustrial&Logistics025CBRE RESEARCH 2026 CBRE,INC.2026 Real Est

3、ate Market Outlook|THAILANDIntelligent Investment02Industrial&LogisticsNew SILP demand will start to normalize in 2026WHA and Amata are estimated to have transferred a total of 3,200 rai in 2025.More than 2,500 rai of existing pre-sales are expected to transfer in 2026.New land sales are projected t

4、o remain strong in 2026,though growth is expected to normalize following four years of exceptional sustained demand.Geopolitical tensionsparticularly surrounding U.S.policy uncertaintiesand a weak U.S.dollar will weigh on Thailands export growth.Conversely,regional trade growth continues to encourag

5、e companies to relocate to Southeast Asian countries,including Thailand.Figure 1:Total SILP Transfers by WHA and Amata in ThailandSource:CBRE Research2,371 3,200 860 05001,0001,5002,0002,5003,0003,500201820192020202120222023202420252026FRaiLand TransferredExpected Land Transfer9M6CBRE RESEARCH 2026

6、CBRE,INC.2026 Real Estate Market Outlook|THAILANDIntelligent Investment02Industrial&LogisticsSustained demand for ready-built factories(RBF)Low vacancy rates and very limited future supply will continue in 2026.New supply is often pre-leased before construction commences.We expect to see modest incr