China, Myanmar and Russia lead foreign condo transfers in Thailand in Q1 2025


BANGKOK: In the first quarter of 2025, the Real Estate Information Center (REIC) reported a slight slowdown in foreign condo transfers in Thailand, with Chinese buyers still leading the way. However, Myanmar saw a remarkable rise, jumping to second place, while Russia increased its transaction value despite a slight decline in unit transfers.

Amid global economic volatility and cautious buyer sentiment, both domestic and foreign, REIC revealed that 3,919 foreign condo units were transferred in the first quarter of 2025, totaling 16.39 billion baht. This represents a slight decrease compared to the same period last year, with foreign ownership in Thailand's real estate market holding steady at 29.3 per cent of the total transaction value.

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