Insight
Understanding Property Valuation in Thailand
How properties are valued, what affects price, and how to spot overpriced listings.
Whether you're buying, renting, or considering RTO, understanding how Thai properties are valued helps you make smarter decisions.
Three valuation methods
- Comparable sales: Recent sale prices of similar units in the same building or area
- Income approach: Annual rental income ÷ capitalization rate = property value
- Replacement cost: Land value + construction cost per sqm − depreciation
Key price factors
- Floor level (higher = premium, typically 1–3% per floor)
- View (city/river view commands 10–20% premium)
- Facing direction (north/east preferred — less afternoon sun)
- Distance to BTS/MRT (price drops ~5% per 500m beyond 1km)