But why not, should foreign quota be available on a condo (as per OP's assumption)?
It seems clear that certain taxes and fees will be levied as with any transfer regardless if foreigner or Thai. I assume that in case of a gift, the Treasury Department's property valuation lists would be used as a calculation base.
The question I'd be also be interested in would be, is FET needed on any amount of money (up to the original purchase price) if it is gifted from a Thai to the foreign spouse.