Driven by Interest from Foreign Buyers along with Exponential growth of smartphone penetration
Increasing Demand for Residential Segment: The number of unsold residential constructions in the first quarter of 2021 recorded 376,757 units. Most full-stack property classified players in Thailand have remained focused on the residential property segment considering the rapid urbanization and increasing demands for properties in the country.
Rapid Population Growth: Demographic data affects the real estate market through property-type demand and supply, pricing, migration, and investment. People are moving away from private areas and opting for shared office spaces, hotel stays, and co-living units and others due to increasing rent.
Increasing Smartphone Penetration: 53.6 Mn of the Thailand population use the internet (2021), set to increase to 60 Mn by 2025. This widespread digitization of the region alongside the deployment of 5G means Property Classifieds Market startups can seamlessly offer their real estate solutions to the public via mobile devices.
Digitalization: The digitalization of data is facilitating access to mass-market information quickly and cheaply. Due to advances in technology, the times of bulky physical data sheets are over. Instead, everything can be digitally recorded and retrieved online, from public records to office lease data, from market fluctuations to real-time boiler temperatures
Rising disposable income, increasing loans availability & initiatives like Smart cities for industrial properties are ensuring that residential and commercial real estate continues to dominate the online market. Apart from increased brand awareness, continued engagement, and full stack services, the online segment offers comparatively less cost-per-lead when compared to traditional outdoor or full-jacket print campaigns, thus making it advantageous for developers.
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.
Key Segments Covered in Thailand Property Classified Market:
By Business Model
Listings and Classifieds
Aggregators and Co-Living
By Region
Bangkok
Phuket
Pattaya
Others
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 Covered:
Listings and Classifieds
Property hub
Terra BKK
FazWaz
ZmyHome
Baania
Findyourspace
DD Property
Lazudi
Nayoo
PrakardProperty
Thai hometown
PBRE Real estate
Dot property
Aggregators and Co-Living
Property scout
Phuket Rent House
Rent Hub
Nornn
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
For More Information on the Research Report, refer to below links: –
Thailand Property Classifieds Market
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