According to Knight Frank Thailand’s research, the Phuket condominium market is expected to perform better in line with the brighter economic situation and the growing population of the island.

The fraternal bond of cultural and familial ties between Thailand and China has been established for over 200 years, but Chinese direct investment in the property sector has been limited by Thailand’s foreign land ownership restrictions said Marcus Burtenshaw, Knight Frank Thailand’s executive director and head of occupier services & commercial agency department.