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China Pullback Leads Drop in Thailand’s Foreign Condo Demand
Source: Bloomberg
Housing & Real EstateConsumer Demand & RetailCredit & Bond MarketsBanking & Liquidity
Chinese buyers are pulling back from Thailand’s condominium market, reducing a key demand source for developers. The slowdown comes as Thai households remain heavily indebted and face difficulty securing mortgages. Overall, the article flags worsening demand and financing strain for real-estate-linked balance sheets, which could pressure sector performance over coming quarters.
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