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Property

Thai real estate firms hang their shingles in the metaverse

With top share of crypto holders, could Thailand see a virtual property boom?

An image of the virtual world that Property Perfect plans to build in the metaverse. (Photo courtesy of Property Perfect)
KOSUKE INOUE, Nikkei staff writer | Thailand

BANGKOK -- Thai real estate companies are moving into sales of digital property within virtual metaverses, an emerging sector fueled by one of the most online populations on the planet.

But it is unclear just how big a business dealing in real estate that exists solely in the realm of cyberspace will become.

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