A recent earthquake in Thailand has started to shift buyer interest in the property market. While high-rise condos have long been a popular choice, the trend may now lean toward low-rise homes — and for good reason.
Bangkok Earthquake Aftermath: Why Buyers Are Turning to Low-Rise Homes
In the wake of the quake, low-rise houses are being seen as safer and more stable in the event of future seismic activity. This shift is similar to what happened in 2011, when widespread flooding led buyers to prefer condominiums for their elevated structure and flood protection.
Now, it’s the opposite. Ground-level homes are gaining new appeal for their perceived resilience against earthquakes.
What Bangkok Earthquake Means for the Condo Market
Condominium sales are expected to slow down. Buyers may choose to delay purchases or even cancel planned transfers, especially if they feel unsure about a building’s structure.
Many developers are likely to pause launching new projects for now. Instead, they may hold back marketing budgets and wait for a better time to sell. It’s a cautious approach that reflects today’s uncertain market mood.
The Importance of Rebuilding Confidence
To restore buyer trust, experts say developers need to focus on one thing above all: safety. A building inspection done by an in-house engineer won’t be enough. Buyers want verified, professional inspections and certifications. Clear reports from trusted authorities or government agencies will be key to rebuilding confidence.
Speed and transparency matter. Developers who act quickly and take responsibility will likely recover buyer trust faster. Those who delay or fail to provide clarity may see more cancellations and hesitation from customers.
What Buyers Should Know
If you’re considering buying a condo or a home in Thailand right now, take your time. Look for properties with clear inspection reports and updated safety certifications. Ask questions. Review the developer’s history. And if you’re leaning toward low-rise living, know that you’re not alone.
A Market in Transition
The Thai property market is entering a new phase. While the long-term impacts of the quake are still unfolding, one thing is clear — buyers are rethinking what matters most. Safety, peace of mind, and solid structures are top priorities.
Whether you’re looking to buy a condo or a luxury villa, it’s important to stay informed and work with a trusted real estate partner. At The Luxe Group Thailand, we’re here to guide you through every step.
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