In 2017, the Thai real estate market was characterized by a "bifurcated" state: while the luxury segment in central Bangkok thrived with record-level prices, the lower-end market struggled due to high consumer debt and slow economic growth.
: The top end of the market saw firm demand with new stock being absorbed quickly, whereas average Thai buyers faced constraints in funding and financing. buying property in thailand 2017
The legal landscape for buying property in Thailand is strict and remained consistent through 2017: In 2017, the Thai real estate market was
: Average asking prices for downtown condominiums were expected to increase significantly, often driven by the success of luxury and super-luxury segments. : There was a notable increase in Chinese
: There was a notable increase in Chinese investment , which has remained a dominant force in the market for several years. Legal & Structural Framework