BANGKOK -- The Thai government is considering easing land leasing regulations to allow foreigners to buy more apartments and condominiums for individual and rent land plots in the longer term, which would help absorb a supply glut at a time when domestic purchasing power is weak.
Property
Thailand to court foreign buyers amid condominium supply glut
Government to ease rules as domestic purchasing power weakens
Under plans to ease regulations on property ownership in Thailand, foreigners will be able to lease land for 99 years. (Photo by Ken Kobayashi)
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