Top Real Estate Companies in Thailand

The Real Estate industry in Thailand is a critical sector that has played a significant role in the country's economic development. In 2022, the industry continued to show strong growth, with key statistics indicating its importance to the country's overall economic health.

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CompanyHeadcountContactDescriptionDecision Maker
KNIGHT FRANK6,459 +65 6222 1333

At Knight Frank, we build long-term relationships, which allow us to provide personalised, clear and considered advice on all areas of property, in all key markets. We believe personal interaction is a crucial part of ensuring every client is matched to the property that suits their needs best – be it commercial or residential. Operating in locations where our clients need us to be, we provide a worldwide service that’s locally expert and globally connected.Inspired teams naturally provide excellent and dedicated client service. Therefore, we’ve created a workplace where opinions are respected, where everyone is invited to contribute to the success of our business and where they’re rewarded for excellence. The result is that our people are more motivated, ensuring your experience with us is the best that it can be.At Knight Frank, we value our vibrant online community and appreciate your active participation on our social channels. We strive to maintain a safe, respectful, and inclusive environment for all users. Please adhere to the following guidelines to ensure a positive experience for everyone:- We encourage and welcome your comments and feedback, however, they should be shared in a constructive, respectful manner.- We reserve the right to reject or remove comments that are not in keeping with our policy and to block or ban users/followers who violate this policy.- Please treat each other with courtesy and respect. Hate speech, discrimination, or offensive content of any kind will not be tolerated.Our moderators reserve the right to remove any content and any user who violates these guidelines that are intended to maintain a welcoming and respectful community.Thank you for being a valued member of the Knight Frank community.

CAPITALAND7,493 +65 6713 2888

CapitaLand Group (CapitaLand) is one of Asia’s largest diversified real estate groups. Headquartered in Singapore, CapitaLand’s portfolio focuses on real estate investment management and real estate development, and spans across more than 260 cities in over 40 countries. Within its ecosystem, CapitaLand has developed an integrated suite of investment management and operating capabilities that supports its real estate businesses and platforms in building core competencies across the real estate value chain. With this full stack of capabilities, CapitaLand can optimise the strategies of its listed real estate investment management business CapitaLand Investment (www.capitalandinvest.com), and its privately held property development arm CapitaLand Development; to drive competitive advantage for its businesses.CapitaLand places sustainability at the core of what it does. As a responsible real estate company, CapitaLand contributes to the environmental and social well-being of the communities where it operates, as it delivers long-term economic value to its stakeholders.---With the recent rise in phishing scams that involve digital communications with fake SMSes, emails and WhatsApp messages with spoof headers, it is important to verify any links before clicking them. Do not provide any personal, credit card or bank account details over an SMS, email or WhatsApp message, or make any payments to a third party’s bank account. CapitaLand shall not be liable for any loss, damage or consequences that may arise from any communication or offer of employment not directly made by CapitaLand. For more information, visit: https://www.capitaland.com/en/more-from-capitaland/social-media.html

CBRE ASIA PACIFIC3,314 +65 6854 8688

CBRE Asia Pacific is an integral part of CBRE Group, the world’s largest commercial real estate services firm. Over 20,000 professionals focus on the alignment of our clients’ overall business objectives with their real estate requirements. The Asia Pacific region comprises 87 offices (excluding affiliates) across Australia, New Zealand, India, Vietnam, Japan, Indonesia, Malaysia, Thailand, Singapore, South Korea and Greater China including Hong Kong, Macau and Taiwan. We work together to provide unparalleled tools and resources, leverage, credibility, market coverage and local expertise.

EDMUND TIE169 +65 9151 9009

Edmund Tie is a full-service, real estate consulting firm that offers a comprehensive suite of agency, advisory and professional services.Local expertise, international standardsFounded in 1995, Edmund Tie held the distinction as one of the first locally owned firms to compete on par with the international property consulting companies.Helmed by a leadership team comprising some of the most credentialed names in real estate, together with new talents that have come on board, the firm is now a 500-strong regional organisation with operations covering Singapore, Malaysia, Thailand.The China Desk provides real estate expertise for the vast Chinese market, offering advisory and agency services for Chinese capital seeking to invest in Southeast Asia.As an uniquely Asian company – having an intimate appreciation of cultural norms, local customs, business practices and government regulations, while at the same time delivering standards that are international – Edmund Tie is thus well-positioned to deliver transformative solutions that will help all our clients flourish in property markets in the region.

ESR346 +65 6850 0440

ESR is APAC’s largest real asset manager powered by the New Economy and the third largest listed real estate investment manager globally. With US$149 billion in total assets under management (AUM), our fully integrated development and investment management platform extends across key APAC markets, including China, Japan, South Korea, Australia, Singapore, India, New Zealand and Southeast Asia, representing over 95% of GDP in APAC, and also includes an expanding presence in Europe and the U.S. We provide a diverse range of real asset investment solutions and New Economy real estate development opportunities across our private funds business, which allow capital partners and customers to capitalise on the most significant secular trends in APAC. Our purpose – Space and Investment Solutions for a Sustainable Future – drives us to manage sustainably and impactfully and we consider the environment and the communities in which we operate as key stakeholders of our business. Listed on the Main Board of The Stock Exchange of Hong Kong, ESR is a constituent of the FTSE Global Equity Index Series (Large Cap), Hang Seng Composite Index and MSCI Hong Kong Index.

CBRE GLOBAL WORKPLACE SOLUTIONS (GWS)13,370 +65 6854 8688

From short-term decisions to developing a long-term strategy, CBRE Global Workplace Solutions (GWS) partners with clients to uncover solutions for unique, organizational needs and opportunities to drive strategic business outcomes, worldwide.

HONGKONG LAND LIMITED1,259 +65 6238 1121

Hongkong Land is a major listed property investment, management and development group. The Group owns and manages more than 850,000 sq. m. of prime office and luxury retail assets in key Asian cities, principally Hong Kong, Singapore, Beijing and Jakarta. Its properties hold industry leading green building certifications and attract the world’s foremost companies and luxury brands. The Group also has a number of high-quality residential, commercial, and mixed-use projects under development in cities across China and Southeast Asia, including a 43% interest in a 1.1 million sq. m. mixed-use project in West Bund, Shanghai. Its subsidiary, MCL Land, is a well-established residential developer in Singapore. Hongkong Land Holdings Limited is incorporated in Bermuda and has a primary listing in the standard segment of the London Stock Exchange, with secondary listings in Bermuda and Singapore. The Group’s assets and investments are managed from Hong Kong by Hongkong Land Limited. Hongkong Land is a member of the Jardine Matheson Group.

IQI GLOBAL2,397 +60 1-800-22-2155

IQI is a leading global real estate & investment advisory firm operating and advising in Dubai, Malaysia, Australia, Canada, Philippines and Vietnam.With offices spanning across 5 continents and over 900 dedicated property and investment experts, IQI represents quality, integrity and trust in global residential and commercial real estate.At IQI we do things differently. Our strong desire to improve the way the industry operates means that we are constantly challenging tradition and adapting to the needs of a rapidly changing world. We are committed to offering you an extensive range of properties and comprehensive services worldwide.Combining global insight and industry practices with local knowledge ensures that IQI maintains a structured and disciplined approach with the goal to create wealth for investors. We have a reputation for uncompromising professionalism and honesty and have earned the trust of our clients around the world.Founded in Dubai by a diverse group of investors, business experts and people passionate to succeed, the firm recognised the stability and investment potential in the ASEAN, choosing Malaysia as its base for South East Asian operations. Taking the best of corporate culture, professionalism, best practices and technological solutions, IQI has become the trend setter for real estate brokers in Malaysia.

IWG PLC12,568 +65 3163 8030

IWG is leading the workspace revolution. Our companies help more than 2.5 million people and their businesses to work more productively. We do so by providing a choice of professional, inspiring and collaborative workspaces, communities and services. Our customers are start-ups, small and medium-sized enterprises and large multinationals, with unique goals and aspirations. They want a choice of workspaces and communities to match their needs. Through our companies we provide that choice. Regus | Spaces | No18 | Openoffice | Basepoint | Signature IWG companies now help millions of people in almost 3,300 locations in over 1,000 towns and cities across more than 110 countries. We create personal, financial and strategic value for businesses of every size. From some of the most exciting companies and well-known organisations on the planet, to individuals and the next generation of industry leaders.#greatdayatwork

CBRE68,574 +65 6224 8181

Operating across every dimension of commercial real estate, CBRE sees more so you can do more.

PROPERTYSCOUT179 +66 92 264 3444

PropertyScout, a Thailand based Proptech start up, is an end-to-end real estate transaction platform connecting over 1,800 agents and agencies with buyers, renters and owners, servicing thousands of satisfied customers every month. PropertyScout leverages its database of more than 200,000 properties, its technology platform and its centralized operations to digitize and automate 90% of the real estate transaction. This frees up agents’ time to professionally and efficiently communicate with buyers, renters, owners and co-agents to deliver outstanding service and close transactions faster. Providing a transparent and trusted experience, PropertyScout has quickly become the favorite go-to-place for buying, selling, and renting real-estate in Thailand, as proven by hundreds of five-star reviews.

SAVILLS SINGAPORE293 +65 9799 4898

Savills plc is a global real estate services provider listed on the London Stock Exchange, established in 1855. We have an international network of over 600 offices and associates, employing over 39,000 people throughout the Americas, the UK, continental Europe, Asia Pacific, Africa and the Middle East, offering a broad range of specialist advisory, management and transactional services across residential, office, industrial, retail, leisure, healthcare, rural, hotel and mixed-use development schemes. Savills Singapore services the needs of the investor, owners and occupiers, offering transactional advice, property management, consultancy and asset management expertise, with a particular strength in capital markets transactions, with a total of US$2.1 billion earned in sales transactions and US$173.9billion worth of properties valued.We also provide a comprehensive suite of business valuation and advisory services across various industry sectors in the regional market. We conduct valuation of business and business interests, intangible assets / intellectual property, financial instruments and biological assets for a variety of purposes. We also provide advice to our clients in the areas of strategic transformation, business process improvement, feasibility studies, financial modelling and data analytics. At Savills, we employ a highly strategic approach, designed to deliver superior performance and market leadership through value-based expertise and service. We combine the entrepreneurial spirit and a deep understanding of specialist property sectors with the highest calibre of client care.

CENTURY 21®36,523 +65 6291 2121

Since 1971, Century 21 Real Estate has set the standard in the real estate business. With 127,000 independent sales professionals in 81 different countries, we have the global reach and expert knowledge to provide exceptional commitment and deliver extraordinary experiences to clients around the world. If you think you have what it takes to be a Century 21 Agent, contact us. Jointherelentless.com

UNILODGE501 +61 7 3233 3700

UniLodge is the market leader in the operation and management of student accommodation across Australia and New Zealand. A home away from home for more than 31,000+ students (and counting). Privately owned, UniLodge specialise in the professional operation and management of properties that are ideally located either on campus or in close proximity to universities. UniLodge developed and offers the Residential Life Program, this unique program has been specifically designed to provide students with learning opportunities and memorable experiences that will last a lifetime, and to bring out the best in each resident academically and socially. This allows students studying away from home the opportunity to fully appreciate, and make the most, of all their location has to offer. UniLodge is committed to protecting all properties in our care and maximising investment returns.

JLL77,750 +65 6250 4145

We’re a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. We want the most ambitious clients to work with us, and the most ambitious people to work for us. Join us.

HUTTONS REAL ESTATE GROUP1,300 +65 6253 0030

Established since 2002, Huttons Group(合登集团)is Singapores Largest Private Real Estate Agency. We are winners of numerous awards for innovative technologies and industry first initiatives over the years. In association with Savills, we have more than 5,200 professionals marketing hundreds of local and international projects over 8 countries.As The Preferred Agency of Choice, we strive to provide the highest level of service to clients through vast knowledge across different market segments, and with empathy. Growing from strength to strength, Huttons is also expanding rapidly and extending our reach abroad, making it a seamless experience for our clients to buy and sell properties globally.

SAVILLS12,403 +65 6836 6888

Savills is a global real estate services provider with a network of more than 40,000 people in over 700 offices across the Americas, Europe, Asia Pacific, Africa and the Middle East. A FTSE 250 company (LON: SVS) headquartered in London, Savills advises corporate, institutional and private clients who are seeking to acquire, lease, develop or realise the value of residential and commercial property in the worlds key locations.

ERA REAL ESTATE3,174 +65 6226 2000

We dont adapt to change. We create it. We form connections that help us to innovate and stay ahead of the real estate game. We are Chuck Taylor embracers - community and team supporters. We are growth hackers that find ways to win and win big.We believe that our core values of collaboration, innovation, diversity and growth are needed more than ever in today’s real estate industry. Our values have allowed us to evolve into technology warriors and solution architects.We want to help you create the career of your dreams. Because when you succeed, we all do.ERA Real Estate has been in the business of fulfilling the dream of home ownership for 40 years, beginning as Electronic Realty Associates. Today, it is one of the worlds leading residential franchise brokerage networks.As a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), a global provider of real estate services, ERA Real Estate offers unique programs that benefit home buyers, home sellers, and agents including the ERA® Sellers Security® Plan, ERA Select Services®, ERA Distinctive Properties®, TEXTERA, ERA TransAct, ACHIEVE, and ERA Beyond.

MIRVAC1,811 +61 2 9080 8000

Mirvac is a leading Australian property group, with an integrated development and management capability. Established in 1972, Mirvac has over 50 years of experience in the property industry and an unmatched reputation for delivering superior products and services across our businesses. Principally located in Australias four key cities of Sydney, Melbourne, Brisbane and Perth, we own and manage assets across the office, retail and industrial sectors, with over $17bn of assets currently under management. Our development activities allow us to create and deliver innovative and high-quality commercial assets and residential projects for our customers, while driving long-term value for our securityholders.Our integrated approach gives us a competitive advantage in the creation of quality assets across the entire life-cycle of a project; from planning through to design, construction and development, leasing, property management and long-term ownership.Our purpose, to Reimagine Urban Life, helps to guide us not only in what we do and how we do it, but importantly, why we do it. Were inspired to think about how we can redefine the landscape and create more sustainable, connected and vibrant urban environments, leaving a lasting legacy for generations to come.We bring this purpose to life by harnessing the power of each and every one of us to deliver outstanding products and services to our customers, while ensuring value to our securityholders.

CARTUS2,645 +65 6880 5800

Cartus Corporation, a global leader in talent mobility and remote work solutions, delivers the full spectrum of corporate relocation services to organizations of all sizes across the world. These include more than a third of Fortune 100 companies as well as hundreds of clients with small-to-mid-size programs serviced through their dedicated Cartus Insignia segment.Cartus is a subsidiary of Anywhere Real Estate Inc. (NYSE: HOUS), which is on a mission to empower everyone’s next move. Home to some of the most recognized brands in real estate—Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Corcoran®, ERA®, and Sothebys International Realty®—the AnywhereSM portfolio includes franchise and brokerage operations as well as national title, settlement, and relocation companies and nationally scaled mortgage origination and underwriting joint ventures.To find out how Cartus’ experience, global reach, and hands-on guidance can help you achieve your global talent mobility goals, visit cartus.com.Welcome to Cartus—Where Mobility Meets Agility

Top Real Estate Companies in Thailand

Key Statistics from 2022

In 2022, Thailand's GDP growth rate was projected to be around 4.7%, driven by strong performance in the Real Estate, services, and manufacturing sectors. The Real Estate industry alone is estimated to have contributed approximately 5% to the country's GDP. Moreover, the sector employed around 150,000 people, making it a significant contributor to the country's overall employment figures.

Factors Contributing to Growth and Success

The Real Estate industry in Thailand has been buoyed by a number of factors, including government initiatives aimed at promoting foreign investment and tourism, as well as the country's strategic location and well-developed infrastructure.

The Thai government has been actively promoting foreign investment and tourism through various initiatives, such as the "Thailand 4.0" policy and the "Eastern Economic Corridor" project. Moreover, the government has also introduced various incentives to encourage investment in the industry, such as tax breaks and streamlined approval processes.

Additionally, Thailand's strategic location and well-developed infrastructure, including its modern transportation systems and well-developed tourism industry, have made it an attractive destination for real estate developers and investors.

Industry Growth and Comparison to Previous Years

The Real Estate industry in Thailand has demonstrated strong growth in recent years, with the sector expanding by an average of 3.5% per year between 2016 and 2020. In 2022, this growth rate was projected to increase to 4%, driven by continued investment in the industry and rising demand for residential and commercial properties across the region.

Moreover, the industry has shown resilience in the face of the COVID-19 pandemic, with real estate developers and investors continuing to invest in the country despite the challenging business environment. This can be attributed in part to the sector's strong ties to the broader economy, as well as the government's ongoing commitment to promoting foreign investment and tourism.

Key Trends

The Real Estate industry in Thailand is also being shaped by a number of key trends, including the increasing adoption of new technologies and the growing demand for sustainable practices and solutions.

One of the most significant technological disruptions in the sector has been the adoption of digital technologies, such as virtual reality and big data analytics, aimed at enhancing the efficiency and effectiveness of real estate development and marketing. Moreover, the industry has also seen increased use of sustainable design and construction practices aimed at promoting sustainable development and reducing environmental impacts.

In addition to these technological trends, the Real Estate industry in Thailand is also being shaped by growing demand for sustainable practices and solutions, including the adoption of circular economy principles and the promotion of sustainable supply chain practices.

Challenges

Despite the positive trends in the Real Estate industry in Thailand, the sector still faces a number of challenges. One of the most significant of these is the ongoing impact of the COVID-19 pandemic, which has disrupted supply chains and resulted in increased production costs.

Moreover, the industry also faces challenges related to the need to address environmental impacts, such as reducing greenhouse gas emissions and promoting sustainable practices.

Future Outlook

Looking ahead, the future outlook for the Real Estate industry in Thailand is generally positive, with continued growth and investment expected in the years to come. By addressing the challenges facing the sector and embracing innovative practices and technologies, the industry can ensure its long-term success and contribute to a more prosperous and sustainable future for Thailand.

To address the challenge of sustainability, the Real Estate industry in Thailand will need to focus on adopting more sustainable practices and technologies, such as the use of green building materials and the promotion of energy-efficient designs. Additionally, the industry will need to work closely with government and other stakeholders to develop policies and regulations that promote sustainable development and address the sector's environmental impact.

Moreover, the industry will also need to embrace technological disruptions and adopt new digital technologies aimed at enhancing the efficiency and effectiveness of real estate development and marketing. This may include the use of virtual reality and big data analytics, which can provide valuable insights into consumer behavior and preferences.

In terms of challenges, the Real Estate industry in Thailand will need to address the ongoing impact of the COVID-19 pandemic and adapt to changing consumer behavior and preferences. This may require the industry to explore new business models and marketing strategies, such as the use of digital platforms and social media.

Conclusion

Looking ahead, the future outlook for the Real Estate industry in Thailand is generally positive, with continued growth and investment expected in the years to come. By addressing the challenges facing the sector and embracing innovative practices and technologies, the industry can ensure its long-term success and contribute to a more prosperous and sustainable future for Thailand.

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By Melissa Goh
Published on 29 May 2023