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Chinese investors spent $2.3 bln in Thai property in 2018

Li Zhong by Li Zhong
February 12, 2019
in China, Property
Reading Time: 1 min read
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Chinese investors have continued pouring their money into Thailand’s property sector even as the kingdom barrels toward an uncertain national election.

Thailand was the fourth-most-popular country for Chinese property investment in 2018, according to Juwai. With $2.3 billion coming in from Chinese sources, the Southeast Asian nation ranked behind only the U.S. ($30 billion), Hong Kong ($16 billion) and Australia ($14 billion.)

According to recent data from online Chinese real estate portal Juwai.com, Thailand was its most popular country when it comes to inquiries from potential real estate buyers in 2018 — climbing up from the sixth spot in 2016.

The impact of Thailand’s elections on its market and economy from CNBC.

That underscores the Southeast Asian nation’s enduring popularity with the Chinese — tourists from Asia’s top economy have for years seen Thailand as a top spot for holidays.

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Li Zhong

Li Zhong

Li Zhong is a tech journalist who covers the latest developments in artificial intelligence, robotics, and biotechnology. Li is passionate about exploring the ethical and social implications of emerging technologies.

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