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

12 Sept 11:02 Key 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.

Making the right moves to drive growth

Today 16:36 Key points summarised by AI

Thailand must shift its focus from merely creating intellectual property (IP) to actively commercializing it to unlock sustainable economic growth in its creative industries.
The World Bank advises establishing robust commercial infrastructure to generate steady revenues, attract private investment, and scale creative businesses globally.
Key strategic shifts include building systems to monetize and build value around original IP, and strengthening global links to connect domestic creators with international markets.
Elevating productivity in the creative sector could generate up to 3 million formal jobs by 2040, significantly increasing its contribution to Thailand's national gross value added.
Thailand's Creative Economy Agency (CEA) is developing an action plan to push high-potential content internationally, maximize IP commercialization, and upskill talent.