Thailand House Prices
Below is the budget price information showing the cost of building a house in Thailand kindly sent to me by email from Kensington Company Limited in Bangkok in response to my emailed request to them as explained on the Thailand House Prices page.
As you can see, the cost is based on unit rates Baht/m2. Because of this, the rate can be applied to any house that you want to build in Thailand, not just the house I have designed as shown in the pictures of the house we are building.
Also included is the cost for the Architect to produce the drawings (plans) to allow me to get a firm price from a Thai building company.
The Budget Price Of Building A House In Thailand
| Client: Mr. Alan BrownProject: Pakchong Area: HouseDate: January 25th 2010
Alan Brown: proposal and fee: 1. Approximate area
Note
2. Construction cost of the house ( *Figures are not including VAT (7%) )
Note
3. The fee for architect service The fee for architect service is 120,000.00 Baht plus VAT (7%) = 128,400.00 Baht Note
|
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My Comments On The Budget Price For Building A House In Thailand
Is the quoted average price for building a house in Thailand – 15,000 Baht per Square metre to 20,000 Baht/m2 realistic?
Well, to check this I did some research on the Internet. Here are some reported unit rates of the cost for building a house in Thailand:-
A1Real.com
Bangkok
Date: 2006
“As of March 2006, buyers had to pay 81,975 baht/m2 in average to acquire a condominium unit in central area of Bangkok compared to 72,596 baht/m2 in the last twelve months”
Due to demand of High end property mainly Thailand condominiums and a short supply, prices have start to increase, with some resale units selling at 120,000 baht/m2
Source: http://www.a1real.com/about_thailandcondominiums.html
Lanna Airpark
Chiang Mai, Northern Thailand
Date: Nov 2009
“A house built to western standard will cost between 160 to 300 Euros / m2″
(At 45 Euros/Baht (Jan 2010) that works out at 7,200 to 13,500 Thai Baht per m2)
“Part A: 1,000 Baht/m2”
“Part B: 800 Baht/m2”
ChiangMai Law Services
ChiangMai
Date: 2008
“Recently in 2008 we have been asked to help foreigners who have paid too much to have their house built….
Plans & fees etc should not be more than 50,000 baht yet we have seen charges of 400,000 baht. The fees for 1 sq metre is 1/2 a satang which is not even a baht…..
We have seen single storey houses charged at 6.8m baht when the price should have been 1/2 this. ….
Prices per sq metre to build are approx: 7-8,000 baht….”
Source: http://www.chiangmailaw.com/housebuying.htm
ThaiVisa.com Forum
Koh Samui
Date: March 2009
“We are joking of course 20,000 baht a square meter will get you a palace with double glazed windows and air con.
Maximum you should be budgeting for up country would be Baht 10,000 a meter.”
Source: http://www.thaivisa.com/forum/Building-Small-House-Koh-Samui-t246489.html
Phuket-Info.com
Phuket
Date: Jun 2007
“Her mom’s house is approximately 145 sq/mr…on two floors. The finished cost of building was around 8000 baht per square meter.”
Source: http://www.phuket-info.com/forums/general/25788-building-house-thailand.html
ThaiVisa.com Forum
Sukhothai
Date: Jan 2007
“The spaces between the posts are in filled with red brick and the roof is traditional steel and tile construction – 88 square metres overall and this is the cost breakdown:
| Item | Cost Baht | Baht/m2 |
| Roof tile | 22,000 | 250 |
| All steel | 57,000 | 648 |
| Floor slab | 22,000 | 250 |
| Cement | 36,000 | 409 |
| Sand/stone | 11,000 | 125 |
| Brick | 15,000 | 170 |
| Windows | 15,000 | 170 |
| Wood trim | 1,500 | 17 |
| Front door | 13,000 | 148 |
| Other doors | 8,000 | 91 |
| Door frames | 3,000 | 34 |
| Paint | 4,000 | 45 |
| Electric | 11,000 | 125 |
| Plumbing | 2,000 | 23 |
| Tile | 17,000 | 193 |
| Sanitary ware | 5,000 | 57 |
| Labour | 150,000 | 1,705 |
| Water supply (well) | 8,000 | 91 |
| Ceiling | 8,000 | 91 |
| Total | 408,500 | 4,642 |
“One of the most difficult parts of the construction process was the selection of a builder.
The house is located in a very poor village and several builders operate from the nearby town.
We invited a few of them to quote for the work and despite the fact that my handled all the meetings the quotes came in consistently above 1.0 million baht – the perceived presence of a farang in these matters seems to automatically double the price!
We finally managed to find a builder who had already built three houses nearby and he was prepared to detail the costs in a realistic way.”
Source: http://www.thaivisa.com/forum/Costs-Building-House-t102284.html&hl=baht
ThaiVisa.com Forum
Sukhothai
Date: Dec 2008
If the land is paid for you can start figuring at 12,000 baht per square meter to get to a very rough estimate.
Average rooms are 4×4 or 4×5 meters. If you want all the whistles and bells and a “turn-key” build it will cost more than a do-it-yourself project.
This house sounds like about 200 + square meters or more. So this is 2.4 mil bottom line for a basic house. If you live like the rich and famous then start by doubling this number.
Source: http://www.thaivisa.com/forum/Build-Family-House-Sukhothai-t229795.html&hl=baht
More Sample House Price Rates Per Square Meter Added
The following prices for houses in Thailand were added on 2 Septemper 2010. They all date back to 2008, so be sure to add for inflation. House price inflation in Thailand is far higher than in Europe.
CoolThaiHouse.com Forum
‘Up Country’
Date: August 2008
Re: bungalow cost per sq metre
by kornoipaddy » Thu Aug 07, 2008 8:29 pm
hi
my build in chiang kham is at 7000 baht per m2. chiand kham however is away out in the sticks.
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Re: bungalow cost per sq metre
by AussieBoy » Fri Aug 08, 2008 8:32 am
8,500b m2 Turn Key, includes ready to live in, timber frame plywood floor overlayed with ceramic tiles 60m2 home with 18mt2 verandah, Fully insulated walls ceilings, plasterboard to internal walls ceiling, light weight FC sheets cladding external with corrogated gal metal sheets, all electric wiring, bathroom fittings, basic kitchen, laundry toilet 1 room 1 bedroon 6m x 6m lounge tv room kitchen, all plumbing, water jars 14,000 litre, PVC double glazed tinted windows doors, First class workmanship trademans finish,
Add the fence front gate lighting, and some landscaping, water flush self composting toilet unit, power connection, Gravel crusher dust to soi 30mt long by 4 mt wide, drainage pipe storm water to street complete will be 800,000Bt for 78m2 home (10,256 Baht/m2)
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Re: bungalow cost per sq metre
by thomas.fontaine » Sat Aug 09, 2008 7:20 am
I just got a price for a 200 m2 single floor house (including 80 m2 of terrace) of 1,520,000 Bahts, ( 7,500 Baht/m2) with partial material supply only from the Builder, and a solar system for electricity supply. The house is derived from the model 30 that has already been the subject of a previous post (free thai house plan if I remember correctly).
All together, the total price is therefore 2,320,000 bahts, which makes it around 11,500 Baht / m2
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Source: http://mail.coolthaihouse.com/forum/viewtopic.php?f=7&t=1245
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ThailandHomeGuide.com
Chiang Mai
Date Added: 02 Septemebr 2010
This website offers houses for sale in Chiang Mai and they have a very nice brochure in pdf format that you can download for free. This is the link to download the Chiang Mai Homes brochure.
Here are some examples new house prices in Chiang Mai taken from the brochure:-
| Price Baht | 3,600,000 | 2,644,000 | 3,600,000 | 2,055,000 | 2,145,000 |
| Area m2 | 303 | 226 | 303 | 175 | 175 |
| Rate Baht per m2 | 11,881 | 11,699 | 11,881 | 11,743 | 12,257 |
Conclusions About House Building Costs In Thailand
The first conclusion is that it depends upon what style and quality of house you want, where it is located and how you build it.
At the lower cost end there is basic specification and build by yourself. (Or hire labour and buy the materials)
This could work out at say 8,000 Baht per square metre.
At the top end is high specification, built by a Thai builder and paying inflated Farang prices. Say 20,000 Baht/m2.
Condos in Bangkok can cost over 100,000 Baht/m2.
It wouldn’t be prudent for me to post my budget here or what I expect to pay per m2, until the house is done!


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