National economic measures play a crucial role in sustaining Pattaya’s property market momentum. PATTAYA, Thailand – Pattaya’s real estate market continues to hold steady, largely influenced by nationwide economic policies and government support measures designed to stabilize the housing sector. According to the Housing Bank’s Real Estate Information Center (REIC), the overall Thai residential real estate market index for Q1 2025 stood at 71.1 points, marking a 10.7% drop year-on-year. This decline reflects a slowdown in both supply and demand across the housing market. However, there are promising signs of recovery ahead, thanks to government economic stimulus efforts. Key measures include reduced transfer and mortgage fees for homes priced up to 7 million baht and a temporary relaxation of Loan-to-Value (LTV) ratios by the Bank of Thailand. These initiatives, effective from April and May 2025 respectively, are expected to boost real estate activity starting from Q2 2025. REIC forecasts the residential market index for 2025 to be around 80.9 points, a slight 1% decline from 2024. The positive impact from government incentives is expected to offset some of the market’s challenges. Despite these supportive policies, the housing sector still faces several risks such as high household debt levels, stricter lending criteria by financial institutions, economic uncertainties stemming from U.S. policy shifts, and ongoing geopolitical tensions — all factors that could slow domestic and global economic growth. For Pattaya, a popular destination for property investment and tourism, these national policies remain crucial. The city’s real estate market relies heavily on the broader economic environment and government interventions to maintain momentum and weather external uncertainties.