World

Myanmar ranks second in Thai condo sales

Thai condo transfers to Myanmar buyers ranked second in the first nine months of 2024, setting a new record last year as the nine-month figure already surpassed that recorded in 2023.

Illustrative image (Photo: Bangkok Post)
Illustrative image (Photo: Bangkok Post)

Bangkok (VNA) - Thai condo transfers to Myanmar buyers ranked second in the first nine months of 2024, setting a new record last year as the nine-month figure already surpassed that recorded in 2023.

According to Thailand’s Real Estate Information Centre (REIC), units sold to buyers from Myanmar during the period tallied 1,050 worth 5.46 billion THB (257.7 million USD), up from 347 units worth 2.25 billion THB in the same period of 2023.

Condos transferred to buyers from Myanmar had the third-highest average unit price at 5.2 million THB, following Indian buyers at 6.3 million THB and US buyers at 5.3 million THB.

During this period, the total number and value of condo transfers to foreign buyers nationwide was 11,036 units worth 51.5 billion THB, up 3.1% year-on-year, but down 1.5% in value compared to 2023.

Bangkok remained the top destination with the largest number and value of condos transferred to foreign buyers, followed by Chon Buri, which accounted for 38.7% and 36%, respectively./.

VNA
#Thailand’s Real Estate Information Centre #Thai condo transfers Myanmar Thailand
Follow VietnamPlus

Related News

Illustrative image (Photo: Reuters)

Thailand urges five industries to adapt to new challenges

The Thai Ministry of Industry has asked manufacturers in five industries, including automobile manufacturing, electronics, electrical appliances, steel and garment, to take more serious efforts to adapt to projected US trade policies, the influx of low-cost imports into the Thai market, and disruptive technology.

See more

A heavily congested road in Bangkok on January 9, 2025. (Photo: Bangkokpost.com)

Technology helps Thai capital ease congestions

The Area Traffic Control (ATC) technology and other innovations have reduced travel time in busy spots in Bangkok by 25% after two years of implementation, according to the Bangkok Metropolitan Administration (BMA).

Japanese Prime Minister Shigeru Ishiba (L) and Malaysian Prime Minister Anwar Ibrahim at a joint press conference after talks on the outskirts of Kuala Lumpur on January 10, 2025. (Photo: Kyodo News)

Japan, Malaysia concur in stepping up security cooperation

Malaysian Prime Minister Anwar Ibrahim and his visiting counterpart Ishiba Shigeru on January 10 agreed to strengthen ties to ensure regional security based on the rule of law and build robust supply chains, seeking to cement their comprehensive strategic partnership.

Mount Merapi emits 17 lava flows with a maximum reach of 1,800 meters on January 4, 2025. (Photo: jakartaglobe.id)

Indonesia issues safety warning as Mount Merapi erupts

Mount Merapi, located near the densely populated city of Yogyakarta, the capital of the Special Region of Yogyakarta in Indonesia, emitted hot lava on January 10, prompting the country's Volcanology and Geological Disaster Mitigation Centre to issue a warning for the safety of nearby residents.

The BRICS Summit in Kazan, Russia, on October 23, 2024 (Photo: ANI/VNA)

Indonesia pins hopes on BRICS membership

Amelia Anggraini, a member of the House of Representatives (DPR) of Indonesia, has said that Indonesia’s official membership of the BRICS grouping must bring real benefits to its people.

A consumer buys rice at a market in Manila, the Philippines. (Photo: Xinhua/VNA)

Philippines' rice imports hit record high in 2024

The Philippines' rice imports in 2024 rose to a new all-time high of almost 4.7 million metric tonnes (MT) as the country turned to foreign supplies to plug its shortfall in domestic stocks and temper retail prices of the staple.

Malaysia looks to leverage RCEP during ASEAN chairmanship

Malaysia looks to leverage RCEP during ASEAN chairmanship

As the Chair of the Association of Southeast Asian Nations (ASEAN) this year, Malaysia plans to focus on leveraging the Regional Comprehensive Economic Partnership (RCEP), the world’s largest trade agreement now in force.

Residents stand in front of their houses damaged by the earthquake in Cibeureum village, Cianjur district, West Java in 2022. (Photo: Antara)

Indonesia to develop disaster resilient infrastructure

Indonesia will build adaptive and resilient infrastructure to protect itself from the impact of natural disasters like earthquakes, landslides, or volcanic eruption, Coordinating Minister for Infrastructure and Regional Development Agus Harimurti Yudhoyono has announced.

A customer registering and accessing the Central Database Hub (PADU) system in Melaka, on January 3, 2024. (Photo: BERNAMA)

Malaysia’s central database hub targets centralised data management

Malaysia’s central database hub - Pangkalan Data Utama (PADU), launched in January 2024, aims to centralise personal and socioeconomic data from various government agencies into a single, unified database, but there are also concerns about its data security and transparency.

President of Indonesia Prabowo Subianto (centre) witnesses the signing of a memorandum of understanding (MoU) on funding one million houses for Low-Income between Indonesia and Qatar on January 8, 2024 (Photo: Antara)

Qatar invests in building 1 million homes in Indonesia

Indonesia’s Minister of Housing and Settlement Areas Maruarar Sirait and Sheikh Abdul Aziz Al Thani, a representative of Qatar’s Qilaa International Group, on January 8 signed a memorandum of understanding (MoU) on the construction of one million affordable homes in the Southeast Asian nation’s major cities.