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Top 5 Key Nationalities in Thailand’s Condominium Market in 2024

Top 5 Key Nationalities in Thailand’s Condominium Market in 2024
Thailand’s real estate market continues to attract foreign interest, particularly in the condominium sector, which remains the most popular choice for expatriates seeking residence or investment opportunities in the country. According to 2024 property transfer data from the Real Estate Information Center (REIC), the five nationalities with the highest number of condominium ownership transfers are Chinese, Myanmar, Russian, Taiwanese, and American, respectively. Each nationality exhibits distinct purchasing behaviors that align with their specific investment objectives.

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Thalang Set to Become Phuket’s Next Investment Hotspot

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Phuket, Thailand — Once a quiet district, Thalang is rapidly transforming into a major hub for lifestyle, wellness, and real estate investment. Strategically located near Phuket International Airport, Bang Tao Beach, and Phuket Town, the area around Sri Sunthon sub-district—near the monument of Thao Thepkasattri and Thao Sri Sunthon—is emerging as a key connection point for the island’s most important zones.
Experts say Thalang’s rise is being driven by a wave of public infrastructure projects and private developments that aim to shape it into the new epicenter of Northern Phuket.

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Thailand’s Office Market: Trends & Future Insights

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Thailand’s office market continues to face significant challenges due to the increasing supply of office space. The ongoing trend of hybrid work and work-from-home, which has persisted since the COVID-19 pandemic, has led to a decline in demand for office space. Many companies downsized their offices and shifted towards coworking spaces or short-term office rentals. There is also a growing trend on flexibility in office usage, such as implementing hot-desking arrangements where employees do not have fixed workstations.

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Beyond Beaches Phuket’s Rise as Asia’s Elite Golf Paradise

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Recently, we have frequently heard news about the growing popularity of Phuket. The province has demonstrated its potential for economic and tourism growth, with data from the National Statistical Office (2023) showing an average annual growth of 12% in tourism revenue. This makes Phuket the second-highest revenue-generating province in the country, after Bangkok, reflecting the increasing popularity among both domestic and international tourists.

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Thriving in Turbulence: 4 Real Estate Opportunities Amidst Economic Turmoil

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The Thai real estate market in 2025 appears to face challenges from all directions. These include a slowing economy, declining purchasing power, stricter lending criteria from financial institutions, and immense household debt. As a result, the real estate market has started the year with a less vibrant atmosphere than expected. We’re also seeing a surge in marketing campaigns featuring discounts, giveaways, and promotions right from the beginning of the year.

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Chiang Mai’s Booming Real Estate: Capitalizing on International Demand

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It’s undeniable that the Thai real estate market, particularly condominiums, is supported by a significant purchasing power from foreign buyers, especially from the Chinese, who rank at the top in purchases and ownership transfers among foreigners, followed by those from Myanmar, Russia, Taiwan, and the United States.

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Pattaya: A Hotspot for Investment and Residence, Booming Again after COVID-19

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When mentioning about major cities other than Bangkok that play a crucial role in Thailand’s economy, Pattaya in Chonburi Province inevitably comes to mind. This is because its significance extends beyond tourism. Pattaya’s economy in other sectors also ranks among the top in Thailand, including industrial estate, investment, logistics, and residential real estate.

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The Rising Appeal of Hua Hin: 4 Factors Fueling Foreign Demand

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Among the seaside resort cities gaining attention from international tourists, Hua Hin in Prachuap Khiri Khan province stands out at the forefront. Currently, the proportion of foreign buyers purchasing residential properties in Hua Hin has risen significantly, reaching as high as 40%. This marks a stark contrast from the past when Thai buyers dominated the market, accounting for 80-90% of purchases.

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Chula-Samyan: Central Bangkok Hub with Demands from Medical and Education Sectors, a Golden Opportunity for Condominium Investment

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Centrally located near the Silom-Sathorn CBD, Chula-Samyan shines as another prime area in the center of Bangkok. The area is full of amenities, filled with workplaces, lifestyle hubs, medical institutions, and educational institutions. It is a vital economic zone that caters to every aspect of the Work-Learn-Life balance. The continuous development in the area positions Chula-Samyan as a high-potential area for investment, promising increased value in the future.

Chula-Samyan: Central Bangkok Hub with Demands from Medical and Education Sectors, a Golden Opportunity for Condominium Investment Read More »

Top 5 Prime Locations Worth Investing in 2025

News & Events

When buying a condominium, location is definitely among the top priority. Desirable condos, both for living and investment, are typically situated in prime locations, offering convenient access to a wide range of amenities. This includes areas such as business districts, city centers, CBD zones, and locations nearby public transportation (like the BTS or MRT line), schools, shopping malls, or popular tourist cities. Condominiums in these locations often attract buyers, renters, and investors.

Top 5 Prime Locations Worth Investing in 2025 Read More »

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