Myanmar nationals triple condo purchases in Bangkok to safeguard wealth amid their nation's instability.

Myanmar nationals are increasingly buying condominiums in Thailand, especially in Bangkok, to secure their investments amid their country's economic struggles and civil war. According to the Real Estate Information Center, purchases have tripled from the first nine months of 2023, making Myanmar buyers the second-largest group of foreign purchasers after China. This trend supports Thailand's real estate market and reflects Myanmar citizens' efforts to protect their wealth in a stable economy.

November 20, 2024
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