Loan Defaults, Housing Prices Plummet, No Buyers in China! Many Rush to Buy Thai Properties
Loan Defaults, Housing Prices Plummet, No Buyers in China! Many Rush to Buy Thai Properties
Udumbara
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Chinese buyers purchased 6,614 apartments, totaling 34 billion baht (about 927 million US dollars), accounting for nearly 46% of the total apartments sold in Thailand. This has made them the largest group of foreign buyers and boosted local property demand to pre-pandemic levels.
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