Despite the global economic turmoil, foreign capital continues to pour into the Thai real estate market, with prime locations particularly favored by foreign investors. According to a report by the Thai Real Estate Agency (ASIA), in the first half of 2025, foreigners purchased over 2321 apartments in Thailand worth 13.876 billion Thai baht, accounting for 33% of the total value of the apartment market in Bangkok and its surrounding areas. Although the number of units purchased has decreased by 12% compared to 2024, there has been a significant increase in economic weight, with the average purchase price per unit for foreigners reaching 5.98 million Thai baht. Data shows that although it is generally believed that foreigners tend to purchase luxury apartments, in reality, 71% of foreigners purchase apartments priced at no more than 5 million Thai baht. Among them, 720 sets were sold within the price range of 2.1-3 million Thai baht, accounting for 31%; 546 sets were sold within the range of 3-5 million Thai baht, accounting for 24%, indicating that foreigners are also actively participating in market competition. Many ASEAN countries, such as Malaysia and Indonesia, have set a "minimum limit" of 10 million to 15 million Thai baht for foreigners to purchase apartments, while Thailand has not yet implemented such measures.
Divided by region, foreign buyers of apartments are mainly concentrated in four areas:
One is the "Shilong Shatong Qilong" area in the city center, with a total of 825 units (36%) worth 8.159 billion Thai baht (59%) and an average selling price of 9.89 million Thai baht. Due to its proximity to the CBD and complete facilities, it is suitable for living or investment rental;
Secondly, there are 725 units (31%) worth 3.043 billion Thai baht (22%) and an average selling price of 4.2 million Thai baht in the Ratchadapi Ratpo area. The area is close to the embassy and subway, providing high cost-effectiveness;
The third area is the Onnu Suvarnabhumi region, with 245 units (accounting for 11%) worth 1.095 billion Thai baht (accounting for 8%) and an average selling price of 4.47 million Thai baht. It is convenient to travel to the airport and close to the city;
The fourth area is the Bonner Tapala region, with 232 units (accounting for 10%) worth 622 million Thai baht (accounting for 5%) and an average selling price of 2.68 million Thai baht. The prices are relatively cheap and close to large-scale development projects.
According to Thai law, foreigners can own up to 49% of the total building area of apartments in terms of property rights. In the Eastern Economic Corridor region, foreigners can own up to 100% of the property rights. However, there are currently no projects that have reached the 49% foreign property rights limit, which means that there is still ample room for foreign investment to enter the market. Many political parties are calling on the government to attract foreign investment and promote national development. Although the total number and value of units purchased by foreigners in 2025 have decreased compared to 2024, their share in the overall market has significantly increased and they are gradually becoming the main participants in the Thai real estate market, leading new trends in terms of price, geographical location, and purchasing behavior. If Thailand does not adjust its relevant policies to balance the situation, Thai people may face the situation of renting in their own cities in the future.
![WeChat](javascript: Mobi.showWeChatService("//33772652.s21i.faiusr.com/2/ABUIABACGAAgmaqdxwYozJiohgYwyAE4yAE.jpg",{"tips":"Please scan with WeChat"});){kind=link}