Foreign interest in Thailand’s property market remained strong in the first nine months of 2024. Data from the Real Estate Information Center (REIC), revealed a 11.6% (YoY) increase in condominium unit transfers to foreigners in the third quarter of 2024, reaching 3,756 units valued at 18,571 million baht. This represents an 8.9% growth in value. The total transfer area also increased by 8.4% (YoY) to 165,367 square meters. Although the total number of unit transfers showed a slight decline during the nine-month period, the overall transfer value surged by 24.2%.