{"id":252586,"date":"2025-12-26T16:19:17","date_gmt":"2025-12-26T16:19:17","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/252586\/"},"modified":"2025-12-26T16:19:17","modified_gmt":"2025-12-26T16:19:17","slug":"strong-baht-adds-pressure-on-condo-market-as-foreigners-delay-transfers","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/252586\/","title":{"rendered":"Strong baht adds pressure on condo market as foreigners delay transfers"},"content":{"rendered":"<p><strong>A stronger baht is emerging as another major headwind <\/strong>for Thailand\u2019s property sector, particularly the condominium market that relies heavily on foreign high-spending buyers, with signs some are <strong>delaying both title transfers <\/strong>and <strong>new deals <\/strong>amid exchange-rate uncertainty.<\/p>\n<p>Industry assessments say the baht\u2019s appreciation against major currencies such as the US dollar and the yuan makes Thai condominiums<strong> instantly more expensive for foreign investors<\/strong>\u2014even if developers do not raise prices\u2014reducing investment yields, especially for buyers planning to rent out units or hold them for medium- to long-term gains.<\/p>\n<p><strong>Foreign buyers slow down, waiting for a weaker baht<\/strong><\/p>\n<p>Major developers say foreign buyers\u2014especially from China, Hong Kong and Singapore\u2014are increasingly adopting a \u201c<strong>wait and see<\/strong>\u201d approach, delaying transfers to watch the baht\u2019s direction.<\/p>\n<p>This has left developers carrying higher interest costs, while some buyers have sought to postpone final instalments or negotiate additional discounts to offset currency-related costs.<\/p>\n<p>Analysts note that a rapidly strengthening currency often spooks investors more than a gradual depreciation, because it is harder to predict where the currency will peak\u2014prompting investors to delay decisions on high-value assets such as property.<\/p>\n","protected":false},"excerpt":{"rendered":"A stronger baht is emerging as another major headwind for Thailand\u2019s property sector, particularly the condominium market that&hellip;\n","protected":false},"author":2,"featured_media":252587,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174],"tags":[131136,9,79,131137,2817,179,18,131138,19,17,1271],"class_list":{"0":"post-252586","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-baht-appreciation","9":"tag-breaking-news","10":"tag-business","11":"tag-condominium","12":"tag-currency","13":"tag-economy","14":"tag-eire","15":"tag-foreigners","16":"tag-ie","17":"tag-ireland","18":"tag-transfers"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/115786781053223975","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/252586","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=252586"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/252586\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/252587"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=252586"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=252586"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=252586"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}