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

    Small Mistakes Add Up. 4 Mistakes to Avoid When Investing for Retirement.

    Investments

    Five tricks to stop your pension falling short: HALF of workers over 60 don’t have enough – here’s how YOU can catch up fast

    Investments

    Microsoft and Meta fuel $648 billion rally in AI stocks as investments pay off

    Investments

    Here’s a UK property investment that costs just £1 (and can be held inside a Stocks and Shares ISA)

    Investments

    Morgan Wallen walks out with Barry Bonds, Steve Young at Santa Clara concert

    Investments

    Tyson Fury claims he will NEVER return to boxing just weeks after reversing latest retirement

    Investments
    Leave A Reply Cancel Reply

    Top Picks
    Cryptocurrency

    Arthur Hayes Predicts Epic Altcoin Season, But Only After This By U.Today

    Commodities

    Soy Falls Most in a Month With Improving US Weather – BNN Bloomberg

    Property

    Plans submitted for 95 homes at Arborfield

    Editors Picks

    Somergloom storms back for three-day festival from metal to noise rock to dark folk and sludge

    August 20, 2024

    cette découverte pourrait permettre de doubler la durée de vie des voitures électriques

    May 31, 2025

    Blood runs gold: Age-reversing CEO Bryan Johnson brags about his ‘super plasma’ | Trending

    October 15, 2024

    Equinor nomme la PDG d’un négociant en énergie à la tête de sa division gaz et électricité

    June 17, 2025
    What's Hot

    Trending Cryptocurrency Tokens on Avalanche Chain Today – Fautor, Pharoah, Wink

    May 15, 2025

    Grid storage research facility in Richland paves the way for better energy storage

    August 14, 2024

    A Complete Guide On HMO Property Management

    March 25, 2025
    Our Picks

    Exodus, Dismember, Pig Destroyer and More Announced for Decibel’s Metal & Beer Fest

    October 28, 2024

    Understanding Cryptocurrency During Divorce

    February 17, 2025

    Southern Copper Corporation : HSBC relève son opinion à neutre

    April 24, 2025
    Weekly Top

    Small Mistakes Add Up. 4 Mistakes to Avoid When Investing for Retirement.

    August 3, 2025

    Currency Dominance in the Digital Age

    August 3, 2025

    Five tricks to stop your pension falling short: HALF of workers over 60 don’t have enough – here’s how YOU can catch up fast

    August 3, 2025
    Editor's Pick

    iPhone 16 Blocked – Apple Faces Sales Ban in Indonesia Over Local Investment Shortfall: Report – Apple (NASDAQ:AAPL), Vanguard S&P 500 ETF (ARCA:VOO)

    October 28, 2024

    Stock Market Updates – Stabroek News

    February 20, 2025

    Farm bill focus of Illinois commodity groups

    August 9, 2024
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

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