Thailand’s foreign condominium market experienced a significant downturn in the first quarter of 2026, largely due to a decrease in purchases by Chinese buyers. Overall foreign condominium transfers fell by 17.3% compared to the same period in the previous year. This decline reflects broader economic uncertainties impacting demand. During January-March, foreign nationals purchased 3,241 condominium units across the country, a decrease from the previous year’s figures. The slowdown in Chinese investment is a key factor contributing to this cooling trend in the Thai property sector. This data suggests a potential shift in the dynamics of Thailand’s foreign property market, heavily reliant on Chinese investment. Further analysis will be needed to determine the long-term impact of this trend.