According to GlobalData, the value of Thailand construction market is forecast to grow by 2.1% in real terms in 2023, having decreased by 3.9% in 2022. A key growth market will be the infrastructure market, with output rising by 3.6% in real terms. GlobalData tracks and profiles all major construction projects from announcement to completion. For further insight on this market, buy the latest profiles here.
Here are the top five multi-family housing construction projects that commenced in Thailand in Q3 2023, according to GlobalData’s construction projects database.
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1. Landmark @Grand Station Condominium Tower
The project involves the construction of a 23-story condominium tower comprising 988 units at Ram Inthra Road, Khanna Yao District, Bangkok.
Construction work started in Q3 2023 and is expected to be completed in Q4 2026.
The project aims to provide better residential facilities in the region. Buy the profile here.
2. Romm Convent Residence
The project involves the construction of 32-story building in Bangkok.
Construction work commenced in Q3 2023 and is expected to finish in Q4 2026.
The project aims to provide residential facilities to the people in the region. Buy the profile here.
3. Supalai Loft Ratchada-Wongsawang Condominium Development
The project involves the construction of three condominium towers comprising 1,302 condominiums units in Ratchadaphisek Road, Bang Sue District in Bangkok.
Construction work started in Q3 2023 and is forecast to complete in Q4 2024.
The project aims to provide better residential facilities in the region. Buy the profile here.
4. Arom Jomtien Condominium
The project involves the construction of two luxurious condominium towers on 0.32ha of land in Pattaya, Chon Buri, Thailand
Construction work commenced in Q3 2023 and is expected to be completed in Q2 2026.
It intends to create a soulful and green living environment to cater to residents’ needs and enhance their living experience. Buy the profile here.
5. Arise Charoen Mueang Condominium Tower
The project involves the construction of a 19-story condominium tower in Chiang Mai, Thailand
Construction work started in Q3 2023 and is expected to be completed in Q3 2025.
The project intends to provide better residential facilities in the region. Buy the profile here.
For more details on the latest construction projects, buy the profiles here.
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GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.
