Economy
Foreign Condo Ownership in Thailand Sees Decline in First Half of 2026
The Real Estate Information Center reports an 8.8% drop in foreign condo ownership transfers during the first half of 2026, citing global and domestic economic slowdowns.
According to a report by the Real Estate Information Center (REIC) of the Government Housing Bank, Thailand experienced a downturn in foreign condominium ownership transfers during the first six months of 2026. Data released on September 11, 2026, indicates that the number of units transferred to foreign nationals fell by 8.8%, while the total value of these transfers decreased by 1.5% compared to the same period in 2025.
While the second quarter of 2026 showed a year-on-year increase in both unit volume and value, the overall proportion of foreign ownership relative to total market transfers declined. Chinese nationals remain the leading group in terms of total units purchased. Meanwhile, buyers from the United States recorded the highest average transaction value at 6.6 million baht per unit, and Indian buyers acquired the largest average unit size at 72.1 square meters.
For residents and expatriates, this data reflects a broader cooling of the property market influenced by domestic and global economic conditions. While the report provides a clear statistical overview of the first half of the year, it remains to be seen how these trends will evolve throughout the remainder of 2026. Prospective buyers or investors should monitor future REIC updates to understand if this slowdown persists or if market activity stabilizes in the coming quarters.
