By now we all know how Chinese investors are eyeing on Thailand. They can be seen everywhere, be it setting up joint ventures, an industry, or investing in the real estate. Do you know that Thailand was ranked as the fourth-most-popular country for Chinese investment in 2018? With $2.3 billion coming from Chinese sources, the Southeast Asia countries ranked behind Hong Kong, Australia, and the US.
Based on the recent data, Thailand was the most preferred countries when it is about inquiries from potential real estate buyers in 2018. That’s enough to tell the enduring popularity of Thailand with the Chinese.
In fact, Chinese buyers has made up to70% of Thailand’s one of the biggest developer’s sales. And the development is certainly not spurred by marketing efforts. One of the spokespersons of the developer further confirmed by saying that they began driving international sales as they started to see a number of foreign buyers in Thailand.
Thai property prices have almost doubled; investors thus see this country as a beneficial place to grow wealth. Also, a lot of investors, today, are purchasing holiday or retirement homes. According to Juwai, in 2018, Thailand was the 4th most popular country for Chinese property investment.
Considering the vast real estate market in Thailand, foreign buyers have shown consistency and immense resilience despite many government changes. And it is believed that it will continue further.
