{"id":1412,"date":"2019-01-25T11:25:32","date_gmt":"2019-01-25T11:25:32","guid":{"rendered":"http:\/\/pgawards.wpengine.com\/?p=1412"},"modified":"2021-06-04T14:07:42","modified_gmt":"2021-06-04T07:07:42","slug":"thailand-now-worlds-top-destination-for-chinese-home-buyers","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/thailand-now-worlds-top-destination-for-chinese-home-buyers\/","title":{"rendered":"Thailand now world\u2019s top destination for Chinese home buyers"},"content":{"rendered":"<p><strong>But does its air quality remind them too much of home?<\/strong><\/p>\n<figure id=\"attachment_1413\" aria-describedby=\"caption-attachment-1413\" style=\"width: 1000px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-1413\" src=\"http:\/\/pgawards.wpengine.com\/wp-content\/uploads\/2019\/02\/Thailand-now-world\u2019s-top-destination-for-Chinese-home-buyers.jpg\" alt=\"\" width=\"1000\" height=\"667\" srcset=\"https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/02\/Thailand-now-world\u2019s-top-destination-for-Chinese-home-buyers.jpg 1000w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/02\/Thailand-now-world\u2019s-top-destination-for-Chinese-home-buyers-300x200.jpg 300w, https:\/\/www.asiapropertyawards.com\/wp-content\/uploads\/2019\/02\/Thailand-now-world\u2019s-top-destination-for-Chinese-home-buyers-768x512.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><figcaption id=\"caption-attachment-1413\" class=\"wp-caption-text\">Chinese tourist queue through the gate of the Grand Palace in Bangkok, Thailand. luis2499\/Shutterstock<\/figcaption><\/figure>\n<p>Residential real estate markets in Thailand attracted more Chinese buyer enquiries than any other country in 2018, data revealed Tuesday by Shanghai-based\u00a0property portal Juwai.com showed.<\/p>\n<p>It marks the first time for Thailand at the summit of Juwai.com&#8217;s chart\u00a0that ranks the most popular countries for Chinese buying enquiries, surpassing Australia, the US, Canada, and the UK, in that order. It ranked third in 2017,\u00a0sixth in the previous year.<\/p>\n<p>\u201cWe have never seen buying inquiries for Thailand property so high,\u201d said Juwai.com CEO and director Carrie Law. \u201cThis reflects the excellent offerings of Thai developments combined with the quality lifestyle and investment prospects they provide.&#8221;<\/p>\n<p>While the relatively low price range of investment properties and the rise of infrastructure developments in Thailand\u00a0appeal\u00a0to the Chinese, environmental concerns may yet dissuade some of these property seekers, Law warned. The air quality in Greater Bangkok has been deteriorating over recent weeks as a toxic combo of PM2.5-spewing factories and vehicles, atmospheric conditions, and wind direction trap pollution over the metropolis.<\/p>\n<p>\u201cThere are long-term threats to Bangkok&#8217;s appeal, especially the high levels of pollution seen recently,\u201d Law said. \u201cChinese buyers don&#8217;t want to go overseas just to encounter the same levels of air pollution they have to put up with at home.\u201d<\/p>\n<p>Bangkok was the preferred Thai market\u00a0for Chinese buyers by number of enquiries in 2018, followed by Chiang Mai, Pattaya, Phuket, and Ko Samui.<\/p>\n<p>Buyers from mainland and Hong Kong accounted for about half of all foreign buyer purchases in the Thai\u00a0capital last year, with about 15,000 new Bangkok apartments sold to Chinese and SAR nationals.<\/p>\n<p>Thailand only raked in THB75 billion (USD2.3 billion) in investments from Chinese buyers, however, ranking fourth behind the US (USD30.4 billion), Hong Kong (USD16.2 billion), and Australia (USD14.1 billion).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>But does its air quality remind them too much of home?<\/p>\n","protected":false},"author":2,"featured_media":19818,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1412","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-report","news_country-thailand","news_author-property-report"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Thailand now world\u2019s top destination for Chinese home buyers | Asia Property Awards<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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