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Thailand’s industrial land market thrives amid U.S. policy shifts

Demand for industrial estate land in Thailand is projected to stay strong this year, building on last year’s robust sales fueled by shifts in U.S. import and foreign policies.

Key takeaways

  • Industrial estate land sales in Thailand are set to remain robust in 2025, driven by changes in U.S. trade policies and relocation of production bases from China.
  • Land prices increased by 8.45% in 2024, with a total of 2,968 rai added to supply, maintaining vacancy rates below 10% since mid-2023.
  • Demand is fueled by industries like EVs, auto parts, and electronics, with China, Taiwan, and the U.S. leading investor interest.

This sustained interest is largely driven by companies seeking to diversify their supply chains and reduce reliance on single markets. Additionally, government incentives and infrastructure developments, such as improved transportation networks, are further boosting the appeal of…

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