DBD puts foreign linked land holding in Thailand to more than 1 million Rais

Companies with foreign investment in Thailand control over 1.06 million rai (1,702 square kilometres) of land and 76,840 condominium units, according to government data from the Department of Business Development (DBD). The information reflects land holdings as of July 17, 2026, and provides insight into foreign participation in Thailand's property market. However, officials clarified that foreign ownership alone does not necessarily signify illegal nominee arrangements.

The DBD examined land ownership records for 144,706 legal entities, with 125,622 falling under its regulatory oversight. Companies with some foreign involvement accounted for 36,277 entities, encompassing 305,838 land-title deeds and 1.064 million rai of land. In contrast, wholly Thai-owned companies held 963,488 land-title deeds covering approximately 3.44 million rai. Consequently, foreign-linked companies held about 23.6% of the land area among the reviewed companies.

Most of these holdings involved minority foreign stakes, with 31,516 companies representing between 0.01% and 49% foreign ownership, controlling 901,596.92 rai—around 85% of all land held by foreign-linked firms. Chon Buri, Rayong, Bangkok, Samut Prakan, and Nonthaburi were the primary markets for this category. Additionally, 3,450 wholly foreign-owned companies held 10,029 rai through 8,633 land-title deeds.

Foreign-linked firms also controlled 76,840 condominium units, representing about 31.5% of the 244,115 units held by the examined legal entities. The condominium units covered a combined floor area of approximately 4.1 million square metres. Similar to land holdings, most condominium units were associated with companies where foreign investors held less than 50%. Most condominium holdings (73,786 units) were linked to companies with 0.01%-49% foreign ownership, while 1,179 units belonged to 100% foreign-owned companies.