The number of condominiums in Thailand transferred to foreigners in the third quarter of 2023 increased by 0.4 percent, totaling 3,365 units. The value of these transfers amounted to 17,048 million baht, a 2 percent decrease compared to the previous period.
Key Takeaways
The number of condominiums transferred to foreigners in Thailand increased slightly in the third quarter of 2023, indicating a gradual return of foreign buyers
Chinese nationals remain the leading nationality in terms of purchasing condominiums in Thailand, followed by Russians and Americans.
Chinese buyers accounted for nearly 47% of the total transactions
Chinese buyers accounted for 4,991 units, which is nearly 47% of the total transactions, with a total value of 24.7 billion baht, according to the Real Estate Information Center. Following behind were Russian buyers with 962 units, and United States and Taiwanese buyers in the third and fourth positions, respectively.
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