Thailand's Department of Treasury will enforce new land valuations nationwide effective January 1, 2027, with a ~10% increase across the country and over 1 million baht/sq.m. in Bangkok CBD. This will raise property tax burdens for landlords and developers, driving land sales and pushing residential buyers toward outer suburbs and condos. SMEs in real estate and construction face higher input costs, while demand shifts to affordable locations like satellite cities (Bangna, Rangsit, Srinakarin) and smaller condo units (22-26 sq.m.).