Basketball at the 1995 Southeast Asian Games was held from 10 to 16 October 1997 in Chiang Mai, Thailand. This edition featured both tournaments for men's and women's team. All matches were held in 700th Anniversary Sport Complex Gymnasium 2. The Philippines were able to defend their title by defeating the hosts Thailand in their third consecutive Finals match-up, 108–89, for their third consecutive title since 1991 and their ninth overall title. Meanwhile, Malaysia snatched the bronze from the last edition's bronze medallists Indonesia in the battle for third place.