Interest in Thailand real estate from mainland buyers is on the rise, reports Property Guru (3 August 2017). Outpriced at home and in more expensive markets, real estate buyers from China are now targeting cheaper countries. According to Juwai.com COO Sue Jong, “We are also seeing a formerly under represented buyer appearing in larger numbers. This is the upper-middle-class Chinese buyer who can’t afford property in more expensive countries.” Jong further shared that about 66 percent of Chinese buyers seeking to buy in Thailand favour houses priced up to US$250,000 (S$340,150), and that the top hotspots in Thailand for this group are Phuket and Pattaya.
