Thailand is facing a housing crisis not of shortage, but of surplus. With 1.64 million residential units standing empty—worth over THB 3.45 trillion—the country’s property sector shows deep cracks beneath rapid urban growth. Bangkok’s oversupply of condos, driven by speculative investors, threatens long-term housing affordability. Experts warn that without intervention, this imbalance could destabilise the economy. Policymakers are now weighing a vacant-property tax to encourage better land use

Business leaders in Thailand are steering their companies into a cautious mode ahead of 2026, after a recent seminar highlighted a weak economic outlook. One key executive pointed out that consumer spending is already waning, exports are not firing on all cylinders, and the real-estate sector may remain under pressure. Companies have been urged to focus on cost-control, delay aggressive expansions and avoid engaging in price-wars that could erode margins. The message from the corporate sector is