Thailand Property Classified Market is expected to grow at a massive rate of 21.0 % CAGR during 2021-2026 providing a lucrative opportunity for Proptech investors: Ken Research

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Key Findings

  • Newer technology based services such as 360 degree view, listing convenience, subscription management are being adopted by companies with focus likely to be on educating individual users.
  • VR and augmented reality (AR) technologies to offer immersive viewing experience, especially when the buyer or property is overseas.
  • Appealing property photoshoots, optimized user interface, utilizing latest market tools and more categorized listings will benefit all the stakeholders.

Thailand Property Classifieds Market Overview

A growing millennial workforce, fast evolving consumer trends and untapped demand potential in the market are real draw cards for start-ups and developers looking to enter the Aggregators and Co-Living market. With the COVID-19 pandemic, people have become increasingly cautious about socially touching others. Accelerating digital transformation, the contactless touch in Property Classified will offer consumers a safer way to interact and more control over physical proximity

Value Added Services provided by Companies: Players are aiming to become an “online dealer” for customers. Value-added services like expert advice, financing support, agreements drafting, interior designing, furniture, packing and relocating assistance etc. may be added by key players along with the basic offerings

Tech Adoption: Focus on analytics to provide market intelligence and information to customers.

Technology enablement such as virtual walkthroughs, drone based views, 360 degree views etc. to encourage customers to transact online. Three forms of technologies: Blockchain, AR and AI in Singapore are being adopted by startups, global corporations and the government.

Thailand Property Classifieds Market Trends

Accelerated Pace to Digitization: The real estate segment has been a relatively slow runner in keeping up with e-commerce. There is a human element in real estate that is essential in the buying process. However, more sellers have been forced to go digital especially during the three-month lockdown during 2020. Developers have also offered virtual 360-degree showrooms. Despite this, the human connection is much more valuable in terms of providing the right advice to buyers and sellers, to sift opportunities out of the muddle of information online.

The report titled Thailand Property Classifieds Market Outlook to 2026F – Driven by Interest from Foreign Buyers along with Exponential growth of smartphone penetrationprovides 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
  • Pattaya
  • Phuket
  • Others

Key Target Audience

  • Property Classified Companies
  • Real Estate Developers
  • Brokers
  • Property Consultants
  • Industry Experts

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Time Period Captured in the Report:

  • Historical Period: 2015-2021
  • Forecast Period: 2021-2026F

Companies Covered:

Listings and Classifieds

  • Propertyhub
  • TerraBKK
  • FazWaz
  • ZmyHome
  • Baania
  • Findyourspace
  • DD Property
  • Lazudi
  • Nayoo
  • PrakardProperty
  • Thaihometown
  • PBRE Real estate
  • dot property

Aggregators and Co-Living

  • Property scout
  • Phuket Rent House
  • RentHub
  • Nornn

 Key Topics Covered in the Report

  • Thailand Property Classified Market Future Outlook
  • 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

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Deepak Kushwaha