Despite a new wave of Covid-19 cases in Thailand, Chinese buyers are prepared to purchase Thai properties in the second half of 2021, driven by the expectation of distributing vaccines and reopening inbound tourism.
Kashif Ansari, co-founder and chief executive of Juwai IQI Group, said Thailand remained the top destination in terms of interest among Chinese property buyers.
“We don’t think the recent wave [of Covid-19 infections] will delay the reopening of the economy or recovery of foreign real estate investment,” he said.
“What’s probably more important is when Thais and foreign nationals who wish to travel here can be vaccinated. The sooner vaccinations are obtained, the quicker life can go back to normal.”