Chinese real estate investors who were once the top buyers of high-end condos and apartments in Thailand are now cutting back due to an economic downturn and real estate crisis in China.
Key Takeaways
- Chinese real estate investors, who were previously major players in Thailand’s luxury condo and apartment sector, are now reducing their investments due to economic downturn and real estate crisis in China.
- Traditional English-speaking countries, like Australia, Canada, the U.K., and the U.S., have become more attractive to Chinese buyers for real estate investments, surpassing Thailand in popularity.
- Vietnam, unlike Thailand, is less reliant on Chinese investors and has seen steady investment from Chinese buyers in apartments, particularly in major cities like Hanoi and Ho Chi Minh.
Thailand, which was previously the number one destination for Chinese buyers, has now dropped to fifth…
