The Thai government is set to explore the possibility of increasing the foreign ownership quota in condominiums from the current 49% to 75%, Deputy Prime Minister Phumtham Wechayachai announced.
BANGKOK: On Tuesday (Apr 9), Thailand will unveil a set of new initiatives aimed at the property market, as announced by the finance ministry. These steps are part of broader efforts to rejuvenate the economy of Southeast Asia’s second-largest nation.
