Insights

DISCOVER

COMPANY

Survey

SURVEY

Consulting

COUNSULTING

Create New Account

Book discovery call

Thailand Property Classifieds Market Outlook to 2026F

Driven by Interest from Foreign Buyers along with Exponential growth of smartphone penetration

Region:Asia

Author(s):Sanya Bahal and Yash Chawla

Product Code:KR1129

Download Sample Report

Published On

March 2022

Total pages

Download Sample Report

About the Report

The report titled “Thailand Property Classifieds Market Outlook to 2026F– Driven by Interest from Foreign Buyers along with Exponential growth of smartphone penetration” provides a comprehensive analysis of the potential of Property Classified industry in Thailand. The report covers various aspects including the current real estate scenario and rental rates in Thailand, revenue generated from Thailand Property Classified market, its segmentations viz Business Model (Listings and Classifieds and Aggregators and Co-Living) and By Region (Bangkok, Pattaya, Phuket), revenue models, major trends and development, issues and challenges, technological advancements and competition analysis. The report concludes with market projections for future of the industry including forecasted industry size by revenue along with analyst recommendations and key market opportunities. The report concludes with market projections for future of the industry including forecasted industry size by revenue along with analyst recommendations and key market opportunities.

Overview of Thailand Property Classified Market

Thailand, with a population of 66.2 Mn in 2021 and being the 2nd Largest Economy in Southeast Asia region, Thailand Real Estate is experiencing a digital wave sweeping across its value chain, disrupting how buyers and sellers interact with one another. Consumers are not just bound to explore the buying/ renting options through digital platforms but are interested in other residential services as well. Overall, there is an increased interest in using online platforms to buy/rent a home. Additionally, the current pandemic has presented consumers as well as developers with a unique opportunity to put their trust in digital platforms. Thailand is the emerging market for Property Classified in ASEAN growing at CAGR of 21.7% during 2015-2021. Most full-stack Property Classified players in Thailand have remained focused on the low rise residential property segment considering the burgeoning housing shortage, rapid urbanization and urban migration trends. A number of developers are offering extended payment terms, lighter down payment schemes, and waived reservation fees with a limited time offers, which financially prepared buyers should take advantage of. However, the industry is highly vulnerable to fraud due to its complex nature, reliance on technology, and interaction between stakeholders and third parties.

Thailand Property Classified Market Segmentation

By Business Model: Revenue Via Listings and Classifieds generated highest revenue due to increased user base. A growing millennial workforce, fast evolving consumer trends and untapped demand potential in the market are real draw cards for start-ups and developers looking to enter the Aggregators and Co-Living market.

By RegCityion: The Bangkok City dominates the Thailand market due to an anemic demand for residential projects, growing urban population, tourism and increasing investment from foreign buyers.

Thailand Property Classified Market Competition:

The market is moderately fragmented for listings and classifieds companies with major players including Property Hub, TerraBkk, FazWaz, Baania, ZmyHome, DD Property, etc. The market is highly concentrated market for aggregators & co-living companies with top players namely Scout, Phuket Rent House and RentHub holding more than 70% market share in terms of revenue. Players are competing on the basis of Commission Charged, Number of Listings, Locations Covered, Detailed Comparisons, User Interface & Technology and Value-Added Services. Factors such as expensive rentals, fixed one- to two-year tenancy contracts and the hassle of dealing with intermediaries, have driven the growth of co-living concepts in Thailand.

Thailand Property Classified Market Future Outlook and Projections

Thailand Property Classified Market is expected to grow at a massive rate of 21.0% CAGR during 2021-2026F providing a lucrative opportunity for Property Classified investors. Technology has been increasingly becoming an attractive asset for landlords, potential real estate investors and tenants looking for an efficient and secure opportunity in the Commercial Real Estate segment (CRE). This presents a lucrative opportunity for Property Classified investors to witness high returns on their investment. The real estate digital classifieds space is still in the early stages of growth and the listings are dominated by builders and brokers. Further, with newer technology-based services such as 360-degree view, listing convenience, subscription management etc., and the focus is likely to be on educating individual users. Therefore, the advertisements are more likely to be focused on the individuals on both the buying and selling side, which could help reduce the resistance of online real estate tractions by individual users.

Key Topics Covered in the Report

Overview of Thailand Property Classified Market
Ecosystem of Major Entities in Thailand Property Classified Market
Business Cycle and Genesis of Thailand Property Classified Market
Thailand Property Classified Market Size, 2015-2021
Thailand Property Classified Market Segmentations
Competition Analysis: Market Share of Major Listings and Classifieds and Major Aggregators & Co-Living Companies
SWOT Analysis in Thailand Property Classified Market
Revenue Models in Thailand Property Classified Industry
Growth Drivers and Restraints in Thailand Property Classified Market
Technological Advancements in Thailand Property Classified Market
Impact of COVID19 in Thailand Property Classified Market
Key Trends in Thailand Property Classified Market
Outlook and Future Projections for Thailand Property Classified Market
Future Market Segmentation by Business Model and Revenue Sources
Recommendations / Success Factors
Research Methodology
Appendix

Products

Key Target Audience

Property Classified Companies
Real Estate Developers
Brokers
Property Consultants
Industry Experts

Time Period Captured in the Report:

Historical Period: 2015-2021
Forecast Period: 2021P-2026F

Companies

Key Segments Covered in Thailand Property Classified Market:

By Business Model

Listings and Classifieds
Aggregators and Co-Living

By Region

Bangkok
Phuket
Pattaya
Others

Companies Covered:

Listings and Classifieds

Propertyhub
TerraBKK
FazWaz
ZmyHome
Baania
Findyourspace
DD Property
Lazudi
Nayoo
PrakardProperty
Thaihometown
PBRE Real estate
dot property

Aggregators and Co-Living

Property scout
Phuket Rent House
RentHub
Nornn

1. Executive Summary

2. Thailand Country Profile

2.1 Thailand Country Profile: Demographics and GDP

2.2 Thailand Country Profile: Households and Housing

2.3 Customer Profile Customer and Buying Process

2.4 Customer Preferences for Property Classifieds in Thailand

2.5 Shift Towards Digital Media by Real Estate Marketers

3. Thailand Real Estate Market Overview

3.1 Key Market Trends and Developments in Thailand Property Classified Market

3.2 Overview of Thailand Real Estate Market

3.3 Residential Sale Price & Supply of Condominiums in Thailand

3.4 New Housing in Bangkok Metropolis and Vicinity

3.5 Unsold Residential Units in Thailand

3.6 Retail Rental Rates / Upcoming Retail Projects

3.7 Future Office Supply under Construction by Location & Upcoming Projects

4. Thailand Property Classified Market Overview and Genesis

4.1 Ecosystem of Major Entities in Thailand Property Classifieds Market

4.2 Current Pain Points in the Real Estate Ecosystem

4.3 Business Cycle and Genesis of Thailand Property Classified Market

4.4 Timeline for Major Property Listings & Classifieds Companies in Thailand

4.5 Timeline for Major Co-living and Aggregators Companies in Thailand

4.6 Thailand Property Classified Market Size, 2016-2021

4.7 Growth Drivers in Thailand Property Classifieds Industry

4.8 Business Model Canvas of Property listing Website

4.9 Revenue Models in Thailand Property Classified Industry
4.10 Key Risks for Property Classified Business to watch out in 2022

5. Thailand Property Classified Market Segmentation

5.1 Market Segmentation By Business Model, 2021

5.2 Market Segmentation By Region, 2021

6. Snapshot of Thailand PropTech Market

6.1 Snapshot of Thailand PropTech Industry

6.2 Technological Advancements in Thailand PropTech Market

6.3 Current and Upcoming technologies in Thailand PropTech

6.4 Benefits to Developers and Consumers from Tech Advancements

7. Thailand Property Classified Market Industry Analysis

7.1 SWOT Analysis of Thailand Property Classified Market

7.2 Key Trends in Thailand Property Classified Market

7.3 Growth Restraints in Thailand Property Classified Market

7.4 Impact of COVID-19 in Thailand Property Classified Market

8. Competition Framework for Thailand Property Classified Market

8.1 Market Share of Major Listings and Classifieds Companies, 2020

8.2 Cross Comparison of Major Listings and Classifieds Companies (Based on Inception Year,
Region, USP, Business Model, Commission, # 8.3 of Properties Listed, Turnover Period, Revenue,
Management, Funding, Employee Size, VAS and others)

8.4 Market Share of Major Aggregators & Co-Living Companies, 2020

8.5 Cross Comparison of Major Aggregators and Co-Living Companies (Based on Inception Year, Region, USP, Business Model,Commission, # of Properties Listed, Turnover Period, Revenue, Management, Funding, Employee Size, VAS and others)

9. Outlook and Future Projections for Thailand Property Classified Market

9.1 Future Projections for Thailand Property Classified Market Size, 2021-2026F

9.2 Thailand Property Classified Market Future Segmentations By Business Model and Revenue Sources 2026F

9.3 New Projects expected in 2022 or TBA in Thailand

10. Market Opportunity and Analyst Recommendations

10.1 Steps Take to Successfully Adapt to The Digital Ecosystem

10.2 Four Step Approach : What Actions to Take

10.3 Key Characteristics for Success of Property Classified Companies

10.4 Property Classified Opportunities in Thailand

11. Appendix

11.1 Case Examples of Companies using Internet of Things

11.2 NoBroker- World's Largest NoBrokerage Property Site

11.3 Case Study States

12. Research Methodology

12.1 Market Definitions, Abbreviations Used, Market Sizing Approach, Primary Research Approach & Entity Analysis, Research Limitations and Future Conclusions

Disclaimer

Contact Us

Why Buy From Us?

Refine Robust Result (RRR) Framework

What makes us stand out is that our consultants follows Robust, Refine and Result (RRR) methodology. i.e. Robust for clear definitions, approaches and sanity checking, Refine for differentiating respondents facts and opinions and Result for presenting data with story

Our Reach Is Unmatched

We have set a benchmark in the industry by offering our clients with syndicated and customized market research reports featuring coverage of entire market as well as meticulous research and analyst insights.

Shifting the Research Paradigm

While we don't replace traditional research, we flip the method upside down. Our dual approach of Top Bottom & Bottom Top ensures quality deliverable by not just verifying company fundamentals but also looking at the sector and macroeconomic factors.

More Insights-Better Decisions

With one step in the future, our research team constantly tries to show you the bigger picture. We help with some of the tough questions you may encounter along the way: How is the industry positioned? Best marketing channel? KPI's of competitors? By aligning every element, we help maximize success.

Transparency and Trust

Our report gives you instant access to the answers and sources that other companies might choose to hide. We elaborate each steps of research methodology we have used and showcase you the sample size to earn your trust.

Round the Clock Support

If you need any support, we are here! We pride ourselves on universe strength, data quality, and quick, friendly, and professional service.

Why Client Choose Us?

400000+ Reports in repository

150+ Consulting project a year

100+ Analysts

8000+ Client Queries in 2022