Reference
·Primary source
Foreign condominium transfer share by nationality
Chinese ~45%
Of the foreign-quota condominium transfers recorded by REIC in 2024, Chinese nationals accounted for roughly 45-50% by units, followed by Myanmar at 7-9%, Russia at 5-7%, Taiwan at 4-5%, and the United States at roughly 3-4%. Hot zones for Chinese demand include Pattaya, Phuket, Bangkok Sukhumvit, and Huai Khwang. Foreign condo demand is structurally constrained by Thailand's 49% foreign-quota cap per building; freehold land remains effectively closed to non-Thai individuals.
Figure in context
Of the foreign-quota condominium transfers recorded by REIC in 2024, Chinese nationals accounted for roughly 45-50% by units, followed by Myanmar at 7-9%, Russia at 5-7%, Taiwan at 4-5%, and the United States at roughly 3-4%. Hot zones for Chinese demand include Pattaya, Phuket, Bangkok Sukhumvit, and Huai Khwang. Foreign condo demand is structurally constrained by Thailand's 49% foreign-quota cap per building; freehold land remains effectively closed to non-Thai individuals.
Interpretation notes
What this tells you
Of the foreign-quota condominium transfers recorded by REIC in 2024, Chinese nationals accounted for roughly 45-50% by units, followed by Myanmar at 7-9%, Russia at 5-7%, Taiwan at 4-5%, and the United States at roughly 3-4%. Hot zones for Chinese demand include Pattaya, Phuket, Bangkok Sukhumvit, and Huai Khwang. Foreign condo demand is structurally constrained by Thailand's 49% foreign-quota cap per building; freehold land remains effectively closed to non-Thai individuals.
What not to do with it
Use the linked report for interpretation and keep basis differences explicit.
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Report context
Atlas actors in this figure's reports
Profiles covered in the report that cite this number.