Despite travel restrictions on the mainland, Chinese nationals still dominated condo transfers in Thailand last year, with the number of Myanmar nationals receiving condo transfers increasing to reach the top 10 for the first time due to economic and political reasons.
Karlo Pobre, managing director of CIM Property Consultants Co, a Yangon-based property consultant, said economic challenges had driven some affluent citizens of Myanmar to seek secondary homes in more secure and stable markets, particularly Thailand, which is a neighbouring country.
