Thailand’s THB 3.45 Trillion Property Waste: 1.6 Million Homes Lie Empty Thailand is facing a housing crisis not of shortage, but of surplus. With 1.64 million residential units standing empty and a total value exceeding THB 3.45 trillion, the country’s property sector is showing deep cracks beneath the surface of development. Bangkok, in particular, has seen an oversupply of condominiums as speculative investments flood the market. Experts warn that this imbalance could weigh heavily on economi