Foreign Buyers Reshape Thailand’s Condo Market in 2025: Myanmar Rises as China Slows
Foreign Buyers Reshape Thailand’s Condo Market in 2025: Myanmar Rises as China Slows
Foreign Buyers Reshape Thailand’s Condo Market in 2025: Myanmar Rises as China Slows
A Flat Market on the Surface, but a Shifting Story Beneath
Thailand’s condominium market may look stable on the surface, but foreign buyer behaviour in 2025 reveals a much deeper transformation. According to the Real Estate Information Centre (REIC), the first half of 2025 recorded 7,167 condo transfers by foreigners worth ฿28.71 billion. More than 80% of these transactions took place in Bangkok and Chon Buri, cementing their roles as the country’s top investment hubs.
China Slows Down After Years of Dominance
China continues to lead in absolute numbers, with 899 units transferred in Q2 alone worth ฿6.11 billion. However, the trend is shifting:
- Transfers by Chinese buyers fell by 28.8% in Q2/2025, marking two consecutive quarters of decline.
- Analysts suggest that China’s domestic economic slowdown is influencing capital flows abroad, reducing momentum in markets like Thailand.
This doesn’t spell weakness for Thailand’s real estate, but it shows the market is no longer reliant on a single nation’s demand.
Myanmar Buyers Surge with 119% Growth
The most eye-catching development in 2025 is the rise of Myanmar buyers:
- 533 condo units transferred in Q2/2025, up 119% year-on-year.
- Transaction value reached ฿1.34 billion, a 30.9% increase.
Several factors are driving this demand:
- The recent earthquake in Myanmar prompted many citizens to seek safe, stable backup homes abroad.
- Thailand’s proximity, lifestyle options, and visa accessibility make it a natural choice.
- Popular destinations include Bangkok, Chon Buri, and Chiang Mai, which are now emerging as hotspots for Myanmar investors.
Other Key Players in Thailand’s Condo Market
While China and Myanmar dominate headlines, other countries also contributed significantly in the first half of 2025:
- Russia: 272 units
- Taiwan: 181 units
- France: 170 units
- United States: 124 units
- United Kingdom: 108 units
- Germany: 108 units
- India: 66 units
- Japan: 38 units
This diversification highlights a broadening investor base — a positive sign for long-term market stability.
What Does This Mean for Thailand’s Real Estate Future?
- Diversification of Demand – The slowdown from Chinese buyers is being balanced by new entrants from ASEAN and Europe, creating a more resilient market.
- Emerging Hotspots – Areas like On Nut, Bang Chak, and Chiang Mai may see stronger foreign demand moving forward.
- Safe-Haven Appeal – Thailand is increasingly viewed as a secure property destination, especially in times of regional uncertainty.
Final Thoughts
Thailand’s condominium sector is entering a new phase in 2025. While China remains important, the rise of Myanmar buyers and the steady presence of European and US investors show a market that is becoming more diverse and dynamic.
For foreign buyers, this means more competition in certain hotspots but also more confidence that Thailand will remain a regional leader in property investment.
Looking to invest in a Thailand condo?
Whether you’re from Myanmar, China, or beyond, our team at The Realtors provides expert guidance to help you navigate foreign ownership laws, find the right unit, and secure your investment.
👉 Contact us today to explore foreign-friendly condo projects in Bangkok, Chon Buri, and Chiang Mai.
