Chinese and Russians lead the method as visa waivers, effect of geopolitical stress spur need PUBLISHED : 4 Apr 2024 at 15: 16 Bangkok accounted for 38% of all condo sales to immigrants in2023 (Photo: Noble Development Plc) Chinese and Russians topped the list of foreign purchasers of condos in Thailand last year, with visa waivers and geopolitical dispute driving need above pre-Covid levels, according to the Real Estate Information Center (REIC). A overall of 14,449 systems worth 73.2 billion baht were offered to immigrants in 2023, according to information puttogether by the REIC, handled by the state-owned Government Housing Bank. That represented a 25% dive from2022 Chinese purchasers snapped up 6,614 systems, or practically 46% of the overall, for 34.1 billion baht, the centre stated, mentioning residentialorcommercialproperty registration information. Russians ranked a remote 2nd at 1,260 systems, followed by purchasers from Myanmar and the United States in th
Read More.
The news from the world
The news from the world