Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Investments»Boom to bust: Chinese investment in Thai property hits rock bottom
    Investments

    Boom to bust: Chinese investment in Thai property hits rock bottom

    March 3, 20253 Mins Read


    Picture courtesy of Bangkok Condos

    Once a beacon of opportunity, Thailand’s vibrant condo market for Chinese investors is now dimming, as economic clouds gather over China’s middle class.

    Stephen Yao, a former Chinese investments broker in Bangkok, and Pattaya, has seen his formerly bustling schedule dwindle. In 2017 and 2018, he made a staggering 32 trips from China’s Guangdong province to Thailand. But recent years have painted a starkly different picture.

    Once riding high on the wave of China’s booming economy, Chinese middle-class investors eagerly snapped up real estate in Thailand, Vietnam, Malaysia, and Japan, seeking diversification and fresh experiences abroad. However, as Yao notes, the fallout from a sluggish economic recovery, shrinking household wealth and a prolonged domestic real estate slump has left many floundering.

    “The investment landscape has changed dramatically.”

    Yao added that many property agents have now pivoted to different careers. As unemployment rises and domestic mortgage pressures mount, overseas investments offer no lifeline, reported Bangkok Post.

    Investors are grappling with stagnant returns and properties likened to “sunk costs,” tied up in assets that are increasingly difficult to sell.

    Boom to bust: Chinese investment in Thai property hits rock bottom | News by Thaiger
    Picture courtesy of Elite Homes

    For some, legal avenues have allowed them to retrieve about half their investment value; others rely on domestic loans. Meanwhile, those clinging to their Thai condos face dwindling hope for asset appreciation.

    The market for foreigners’ second homes in Thailand remains narrow, compounded by a downturn in Chinese tourism, a vital revenue stream now curtailed by fewer visitors and soaring costs.

    Zhu Maowen, a writer from Haikou who invested in Bangkok real estate, confirms the trend.

    “Second-hand property values in Thailand haven’t seen notable growth. Even if rental yields reach 5%, maintenance costs exceed expectations.”

    This shift has prompted Yao to explore new horizons, now aiming to assist Chinese building material brands in penetrating the Thai market, said Zhu.

    “The hard truth is that the game has changed, and adaptation is key.”

    Asia property

    It’s not just Thailand feeling the heat. Investments in Vietnam have cooled considerably. Frankie Wang, a property salesman promoting properties in Ho Chi Minh City, laments the downturn.

    “Once-promising markets have become harder to sell to Chinese investors, who now lack the boldness and capital they once had.”

    Japan offers a slightly brighter picture. Tokyo’s rental market remains steady, although short-term B&B bans pose challenges.

    Tina Chen, a Japan-focused property consultant, notes that while rental stability is positive, “the yen’s depreciation takes a bite when returns are converted to yuan.”

    Over in Malaysia, Emma Jian’s experience reflects broader sentiments after buying property there in 2017.

    “Prices have risen from recent lows but remain under my initial purchase cost of 20,000 yuan per square metre.”

    Challenging investment

    Abandoning hopes of a quick sale, Jian has opted to use the property as a holiday home.

    China’s economic slowdown has sent ripples through these once-lucrative markets, rendering the prospect of foreign real estate investment starkly challenging.

    As Chinese investors reassess fiscal fortitudes and market dynamics, what was once a land of opportunity now calls for caution and tempered expectations.

    Latest Thailand News
    Home/News/Business News/Boom to bust: Chinese investment in Thai property hits rock bottom

    Bangkok NewsBusiness NewsExpatsPattaya NewsThailand News





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    BRAC EPL Investments partners with Paramount Solar to boost renewable energy expansion

    Investments

    Dim Sum bonds: Dim Sum bonds: Is there more to them than meets the eye? Understand these bonds because you might hear more about them

    Investments

    Can $750K in savings fund a full retirement?

    Investments

    NS&I one-year fixed bond set to mature… here’s what to do with your savings next

    Investments

    India’s outbound investments surge 67% in FY25, driven by ESG, GIFT City, global tax reforms: EY

    Investments

    ‘Cost of cancer left me in tears at the bank, now I’m saving £700 in retirement’

    Investments
    Leave A Reply Cancel Reply

    Top Picks
    Cryptocurrency

    Hong Kong to get first bitcoin inverse investment product, adding to crypto ETFs

    Commodities

    Windows 11 : cette nouvelle fonction va économiser la batterie de votre PC sans le moindre compromis

    Palladium Price Prediction For 2025

    Editors Picks

    China’s bond market intervention reveals financial stability worries – NBC 6 South Florida

    August 15, 2024

    Fiducial Real Estate : Communiqué de mise à disposition des documents préparatoires à l’AG -Le 07 mars 2025 à 17:50

    March 7, 2025

    Digital euro will not disrupt banks, says CBC official

    April 30, 2025

    Varo Bank Selects Marqeta as New Issuer Processor, Enhancing Customer Offering

    August 8, 2024
    What's Hot

    Nouvelles condamnations chez les fournisseurs d’énergie pour « pratiques commerciales trompeuses »

    May 14, 2025

    China-Laos Railway drives growth in Lao agricultural exports

    May 17, 2025

    Rule Aims To Give Geothermal Energy Projects A Boost

    October 22, 2024
    Our Picks

    China’s green panda bonds are ‘reliable’ financing option for Africa, summit hears

    August 23, 2024

    Saudi Real Estate Market platform average visits per day double since February

    July 29, 2024

    Campaign designed to promote the safety and quality of Canadian agricultural products

    June 8, 2025
    Weekly Top

    Gujarat emerges as India’s copper hub, amid soaring demand from sunrise sectors – Industry News

    August 24, 2025

    Four quick and easy DIY tricks to boost your property value by nearly £30k

    August 24, 2025

    BRAC EPL Investments partners with Paramount Solar to boost renewable energy expansion

    August 24, 2025
    Editor's Pick

    Le South Of Heaven a ouvert le bal estival des festivals de metal : les Belges de Channel Zéro impériaux !

    June 9, 2025

    Thomson Computing signe un MoU avec BKB pour développer un Data Center en Corée du Sud

    March 13, 2025

    Silver Hits Record Highs In 2025: Why Investors Are Turning To The ‘Next Gold’ | Savings and Investments News

    August 23, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.