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Foreign condo transfers rise 1.4% in Q2 after first-half slump

Today 11:02Key points summarised by AI

Foreign condominium transfers in Thailand increased 1.4% year-on-year in Q2 2026, reaching 3,292 units valued at 14.8 billion baht, with transfer values jumping 20.2%.
Despite the Q2 growth, the first half of 2026 saw an 8.8% drop in total foreign condo ownership transfers and a 1.5% contraction in transfer values, attributed to sluggish domestic and global economic growth.
Chinese buyers remained the top nationality for both unit volume and total transaction value, while US buyers recorded the highest average value per unit and Indian buyers purchased the largest average living area.
Foreign buyers, with an average transaction value of 4.3 million baht, continue to be a vital driver for Thailand's property sector despite broader economic challenges.

Today 11:28Key points summarised by AI

The Commerce Ministry warns online shoppers to be vigilant against fake and counterfeit products, particularly mobile phone accessories and personal care items.
Substandard goods pose serious health risks due to low-grade chemicals and components, with some being life-threatening for allergy sufferers or fire-prone.
Consumers should scrutinize unusually low prices, labels, trademarks, official certifications, and product details like manufacturing and expiry dates.
Authorities have seized over 1.3 million fake items valued at 2.3 billion baht, with convicted traders facing hefty fines and potential jail terms.