Real Estate Information Center (REIC) of the Government Housing Bank (GHB) has prepared an analysis on the topic of "The Situation of Foreign Ownership Transfers of Condominiums Nationwide in Q2 2025." It was found that the transfer of foreign ownership of condominiums nationwide has slightly decreased compared to the previous year, reflecting the economic conditions and the confidence of buyers that remain sluggish. However, in terms of overall proportions, both in the number of units and value, there is still an increase, as Chinese buyers continue to be the primary group in terms of both unit numbers and value, despite a downward trend from the previous year, accounting for 1 in 3 of the market. Meanwhile, buyers from the United Kingdom stand out with the highest average transfer value per unit, indicating a balance between demand for actual residence and investment in the foreign market. Nevertheless, the transfer of foreign ownership of condominiums nationwide in the first half of 2025 (January - June) has decreased in both quantity and value compared to the previous year, due to the ongoing slowdown in the Thai and global economies, which directly impacts purchasing power, leading foreign investors to be more cautious in their investments. The details are as follows:

The situation of foreign ownership transfers of condominiums nationwide in Q2 2025 shows a total of 3,248 units, valued at 12,318 million baht, with a total area of 134,270 square meters, which is a decrease compared to the same period last year (YoY). The number of units decreased by -2.2%, the value decreased by -16.9%, and the area decreased by -11.4%, reflecting the market slowdown in this quarter. However, the proportion of foreign ownership transfers of condominiums compared to the overall market has increased, accounting for 13.9% of the total number of units and 23.1% of the total value, up from 11.7% and 21.1% respectively in the same period last year, indicating that the foreign market still plays an important role in the Thai condominium market.

The number of units, value, and area of condominiums transferred to foreigners nationwide in Q2 2025 shows that there were 3,248 units, a decrease of -2.2% compared to the same period last year (YoY), with a value of 12,318 million baht, a decrease of -16.9% compared to the same period last year (YoY), and a total area of 134,270 square meters, a decrease of -11.4% compared to the same period last year (YoY) (details according to Charts 1 to 6).

The proportion of foreign ownership transfers of condominiums in Q2 2025 shows a proportion of 13.9%, an increase from 11.7% in the same period last year (YoY), and the value of foreign ownership transfers of condominiums has a proportion of 23.1%, up from 21.1% in the same period last year (YoY) (details according to Charts 7 and 8).

The transfer of foreign ownership of condominiums nationwide in the first half of 2025 (January - June) shows that there were 7,167 units, a decrease of -1.3%, with a value of 28,711 million baht, a decrease of -12.6% compared to the same period last year (YoY), with the majority of buyers being Chinese. However, both the number and value have decreased from the previous year due to the ongoing slowdown in the Thai and global economies, which directly impacts purchasing power, leading foreign investors to be more cautious in their investments. The average size and price of condominiums in the first half of 2025 is an average of 41.7 square meters, with an average value of 4.0 million baht per unit, or approximately 96,136 baht per square meter. The nationalities with the highest number of ownership transfers in the top 10 rankings show that the United Kingdom has both the highest transfer value per unit and the largest room size, with an average transfer value of 5.15 million baht per unit and an average room size of 57.5 square meters. Meanwhile, Chinese buyers have the highest proportion of condominium transfers, with an average transfer value of 4.0 million baht per unit and an average condominium area of 36.6 square meters (details according to Table 1).

-----------------------------------

Copyright Notice

The use or dissemination of the information contained in this report, whether in part or in whole, requires referencing the “Real Estate Information Center” as the source of the information.

Disclaimer

The statistical data and any writings appearing in this report are sourced from reliable sources or processed from reliable data. The Real Estate Information Center has verified the information to a certain extent, but it cannot guarantee the accuracy or truthfulness and cannot be held responsible for any damages arising from the use of the information. Users should exercise discretion and verify as appropriate.