BANGKOK: Thailand's government said on Monday it could force the sale of up to 2,300 plots of land worth more than US$400 million as part of a crackdown on property held unlawfully by foreigners.
Prime Minister Anutin Charnvirakul called in a speech for tougher action against the use of Thai proxies to circumvent a ban on non-Thais owning land.
The government has identified 2,360 plots worth 14.01 billion baht (US$417 million) owned through 1,397 proxies, Department of Lands Director Somchai Leelanoi said.
They cover an area totalling 5,467 rai – around 875ha – across the country.
