Arrests spook Myanmar condo buyers shifting wealth to Thailand

Myanmar clients behind only Chinese in Thai market in Q1

20240611 Offices and residential buildings in BKK

 Offices and residential buildings crowd in Bangkok. (Photo by Ken Kobayashi)

FRANCESCA REGALADO, Nikkei staff writer

BANGKOK -- Efforts by the military regime in Myanmar to halt the flight of war-weary citizens' remaining wealth could cut into the real estate market of neighboring Thailand, where Myanmar nationals have climbed the ranks of top condominium buyers.

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