Thais snap up London real estate | Bangkok Post: property

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Thais snap up London real estate

Buy 200 units worth over 10 billion baht

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The British developer Land Securities expects six of its London condominium units to be sold to Thai buyers during a second visit this year after seeing 200 units worth over 10 billion baht snapped up by Thais buying UK property in the last 24 months. 

The Kings Gate, London SW1 has 100 units across 14 floors worth a total of 10.5 billion baht. Unit sizes range from 43.61 to 320.65 square metres priced 1 million baht per sqm on average.

Residential director Tom Eshelby said Thailand has emerged as the centre of Southeast Asia for London property projects seeking to tap the region's wealthy buyers over the past few years.

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