Thai condominium, foreigners buy 8,198 units in 2021

According to the Real Estate Information Center (REIC) of the Thai Government Housing Bank (GHB), the total number of condominium rooms purchased by foreigners in 2021 was 8,198, down 1.1% from 8,287 in the previous year. However, the total purchase price of foreigners was 39.61 billion baht, up 5% from the previous year. 

According to the survey, foreigners mainly bought rooms under 3 million baht, for a total of 4,046 units. There were 1,858 rooms in the price range of 3-5 million baht, 1219 rooms in the 5-7 million baht range, and 510 rooms in the 7-10 million baht range. There were 565 rooms over 10 million baht.

Nationality-wise, the largest number is Chinese, with 4,867 households. This was followed by 306 Russians, 280 British, 279 Americans, and 234 Germans and French.

The Japanese were in 9th place with 149 units. Area-wise, the capital Bangkok has 4,213 units, Chonburi Province with Pattaya and Sriracha has 2,398 units, the southern beach resort Phuket has 344 units, Samut Prakan next to Bangkok has 337 units, and northern Chiang Mai has 313 units.