Nexus Property Marketing managing director Nalinrat Chareonsuphong said that in the first quarter foreign investors increased their investments in Bangkok’s condominium sector. In the first quarter of the year, some 14,094 condominium units were launched in the Bangkok market – by both large and small developers. Bangkok was found to be the 10th most popular destination for mainland Chinese firms expanding overseas, and ranks third in terms of volume for Chinese corporate leasing activity over the past three years. Leading the pack is Singapore as the top destination for mainland Chinese firms expanding overseas. Jakarta, ranked sixth, and Bangkok at 10th are major beneficiaries of Chinese companies’ expansions into Southeast Asia.

Source: The Nation Bangkok April 19, 2018 18:00 UTC