Weekly Thailand Property Digest

• Long-haul tourism and leasehold reshuffled — Pattaya hotel bookings soared 70% on global events, while Bangkok condos rebounded strongly as leasehold became less certain following a Supreme Court ruling that undermined renewal promises.
• Foreign condo demand bounces, short-stay rentals tighten — Foreign condo transfers rebounded 20% in Q2, but enforcement against illegal short-stay rentals is tightening. Barcelona's blanket ban on tourist apartments offers a cautionary tale for Thailand's property market.
• Off-plan trade-offs, Rawai's rental case study, and awards at the ten-year mark — Thailand's Real Estate Awards reached their tenth anniversary this week. Two major stories cut through the noise: off-plan versus completed condos, and a detailed breakdown of Next Point Condominium in Rawai, which shows what specific rental terms actually look like.
• Supply stalls as buyers tighten purse strings — Developers are halting projects and cutting prices on second-hand stock as purchase power weakens across Bangkok and its suburbs. The market is splitting sharply between affordable units, which sell, and higher-priced homes, which stack up unsold.