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Zero-Covid policy hitting condo transfers

Published by
The Bangkok Post

Zero-Covid policy hitting condo transfers Transfers by Russians surged 100% in Q1 The number of condos transferred to foreigners in the first quarter this year continued to decline as citizens of China, the leading market, remain hampered by stringent travel regulations, according to the Real Estate Information Center. Vichai Viratkapan, the centre’s acting director-general, said the total number of condos transferred to foreigners this year would likely see a fourth consecutive year of stagnancy if Chinese buyers were unable to return. “Even though Thailand reopened to foreign travellers, the…

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