Thailand serviced industrial land sales drop 42% in H1

Only 4,684 rai were sold during the period.

Thailand’s demand for industrial land continued to strengthen according to a Knight Frank report, particularly in the Eastern Economic Corridor (EEC). Serviced industrial land sales totaled 4,684 rai in H1 2025, up 34% HoH but down 42% YoY, as 2024 was an exceptional base year.

The average asking price rose 4.5% YoY to THB 6.64 million per rai, data from Knight Frank revealed. Electronics and EV-related investors were among the most active buyers, with Chonburi and Rayong remaining the top destinations.

“Foreign direct investment approvals have surged, supported by BOI measures, though the actual impact will take time to materialize. Thailand remains competitive, offering a 19% corporate tax rate, compared to Malaysia’s 20%,” the report said.