Thailand's government is intensifying enforcement against nominee ownership structures—where Thai nationals hold property titles on behalf of foreign buyers using locally-registered companies. A 1.27 billion baht luxury property purchase network in Bangkok has triggered broader scrutiny across premium real estate and condominiums. While using companies to own property is legal if genuinely operated, authorities are now examining funding sources and ownership transparency, affecting legitimate foreign-Thai family purchases and slowing property transfers in the 3–5 million+ baht segment. This matters for SMEs in real estate, legal services, and finance as compliance costs rise and transaction velocity declines.