Bangkok, Chiang Mai, Phuket attract property buyers from Myanmar


REIC reported that buyers from Myanmar spent some 2.25 billion baht on Thai properties in 2023. — Reuters

BANGKOK: Big-spending buyers from Myanmar have been snapping up more high-end properties in Thailand’s major cities in the past two years, making them top foreign spenders in the property market, according to real estate management company Colliers.

Karlo Pobre, Colliers’ deputy managing director, said that according to the Government Housing Bank’s Real Estate Information Centre (REIC), Myanmar buyers are most interested in properties in Bangkok, Phuket and Chiang Mai.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Watts from water
Singapore’s financial sector a big winner
Up in Arms - or up the value chain?
Asia bonds for diversification
Smart city can’t beat the traffic
Powering a new reinvestment cycle as demand surges
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read