C9 Hotelworks’ report reveals Asia’s branded residences market has reached $26.6 billion with 68,001 units, led by Thailand, and projected to grow further with 43,100 new units post-2025.
C9 Hotelworks’ Asia Branded Residences report highlights a significant milestone in the sector, showcasing a record supply valued at US$26.6 billion, with 68,001 units across the region.
Thailand leads the market with a 23.3% share, followed by the Philippines at 17.3% and South Korea at 11.6%. Emerging markets like Malaysia, Vietnam, and India make up 24.5% of the total, while key locations such as Phuket and Bangkok bolster Thailand’s prominence.
The sector has enjoyed a robust 11% compound annual growth rate over the last four years, with projections indicating an additional 43,100 units across 180 projects by 2025, almost doubling the current supply.
