Kasikorn Research Center (K-Research) forecasts foreign purchases of condo units will decline by 20% this year, marking the first annual contraction since the pandemic.
Data from the Real Estate Information Center (REIC) revealed foreign condo transfers nationwide fell by 17% year-on-year in the first quarter of 2026, and K-Research expects the decline to deepen to 20% for the full year, marking the first annual contraction in five years since the pandemic erupted.