Detached houses remained the main product in the market, accounting for 48.3% of all units receiving land allocation permits, or 2,796 units. Townhouses followed with a 26.0% share, or 1,506 units, while semi-detached houses accounted for 20.9%, or 1,208 units.
The figures suggest that developers are still placing more weight on low-rise housing, which is more closely linked to real residential demand than investment-driven purchases.
The slowdown is even more pronounced in residential construction permits. In the first quarter, only 27,870 housing units nationwide received construction permits, down 50.2% from 55,952 units a year earlier.
Low-rise housing accounted for 24,920 units, a drop of 45.5%, while condominium units fell to just 2,950, plunging 71.3%. The decline underlines the continued pressure facing the condominium market, where developers remain cautious due to accumulated unsold stock and a slower-than-expected recovery in purchasing power.
Construction permits fell in every region. The South was hit hardest, with new permitted units down 65.2% to 4,866. The West followed with a 59.2% decline, while the East fell 54.3%, the North dropped 46.2%, and Bangkok and its surrounding provinces declined 43.1%.
