- If the condo at Wireless is being rented out, what would be the market rate for rentals around that area?
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A deposit of 250k.
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20% Contract signing 3.1mil (payable after 7 days of deposit)
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10% down payment 1.69mil (payable after signing the contract)
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70% Transfer from oversea of the balance 11.8mil (payable upon the title deed transfer date).
Quote:
Originally Posted by
siamcutey
Few years back the economy bubble that burst in thailand still have many properties left built half-way there as many contractors went bust.
Yup, this the worry thing. But from the no. of units sold, it looks promising. This building consists of 30 storeys n the only few left units r in 15, 16, 4, 5, 7. From the stat, This project is by Hemaraj Land n Development Public Company Limited. 13000mil THB project n paid up abt 6000mil with the support from Krungthai Bank . Anyway all these stat might be just a indication, whether the project will complete, god knows.
Quote:
Originally Posted by
siamcutey
I have no idea in this.
Quote:
Originally Posted by
U-Need
Presently, The areas that are good for investment are:
Rama 3
It is said to be the new business area. It is also link to the new mega structure project and the first to get BRT. There are many new condo erected there now.
For a normal condo with 2 bed room, around 65-70 sqm, it could cost you around 3 - 5 mil depends on the property developer
hi hi!!! I saw 1 big sign board at the South Sathorn, Thaksin Bridge junction… about a property condo at Rama3… it says 1.5Mill up…. is this the one u talking about? Very tempting…
U’ve any property investments in Thailand?
Quote:
Originally Posted by
singrakthai
hi hi!!! I saw 1 big sign board at the South Sathorn, Thaksin Bridge junction… about a property condo at Rama3… it says 1.5Mill up…. is this the one u talking about? Very tempting…
U’ve any property investments in Thailand?
There are many property development there, I believe the one that you saw is from “The Master Condo” or something like that, usually the BT1.5 mil units are sold off way before they put on the sign board. It is a marketing strategy.
I have a house in Rama 5 (for the weekend) by the property developer Land & House and a condo in Asoke for the weekday.
Quote:
Originally Posted by
singrakthai
hi hi!!! I saw 1 big sign board at the South Sathorn, Thaksin Bridge junction… about a property condo at Rama3… it says 1.5Mill up…. is this the one u talking about? Very tempting…
U’ve any property investments in Thailand?
There are many property development there, I believe the one that you saw is from “The Master Condo” or something like that, usually the BT1.5 mil units are sold off way before they put on the sign board. It is a marketing strategy.
I have a house in Rama 5 (for the weekend) by the property developer Land & House and a condo in Asoke for the weekday.
There are a few developers there are quite good:
http://www.scasset.com/indexEng.htm#
http://www.plus.co.th/main_en.php
http://supalai.thaisobuy.com/front/b...rt=project-eng
It is up to you to see and judge
Quote:
Originally Posted by
naemlo
…………….Max loan Tenure is 15 yrs………Interest Rate, 6%…………………Assume, I’m buying, a 2 rooms apartment, 146.6 sqm and net price is 17 mil THB.
So I need to go to Bangkok Bank in S’pore, get the loan approve n transfer this 70% loan to BKK.
Wow, from the figure above, Thai property is not very much cheaper than here? Maybe cos this 1 is free-hold? At exchange rate of 1:24, its >700k sgd.
Any Bro know, how much would a 100-120sqm apartment at an average location normally cost?
Quote:
Originally Posted by
tionggoklan
Wow, from the figure above, Thai property is not very much cheaper than here? Maybe cos this 1 is free-hold? At exchange rate of 1:24, its >700k sgd.
Cos of its size n location in Wireless Road, 5 mins walk to BTS, few mins drive to Sukumvit n Shopping centres, like MBK.
It is semi furish.
Quote:
Originally Posted by
tionggoklan
Any Bro know, how much would a 100-120sqm apartment at an average location normally cost?
Depends on location, very diffcult to name the cost. In Sukumvit soi 30, it should cost abt 5-8 mil.
Quote:
Originally Posted by
naemlo
Cos of its size n location in Wireless Road, 5 mins walk to BTS, few mins drive to Sukumvit n Shopping centres, like MBK.
It is semi furish.
bro naemlo, which condo you checked out - is it the one going to be built behind Plaza Athenee?
bro how much would a average condo in sukumvit cost mi in sing dollar as i also like to invest in thailand and how much rent would i get for one month if i rent it out ? no lar bro siam cutey my co also support the idea .
Quote:
Originally Posted by
Cat Man
bro naemlo, which condo you checked out - is it the one going to be built behind Plaza Athenee?
The condo is called, The Park Chidlom.
Quote:
Originally Posted by
danls79
bro how much would a average condo in sukumvit cost mi in sing dollar as i also like to invest in thailand and how much rent would i get for one month if i rent it out ? no lar bro siam cutey my co also support the idea .
If you want to aim for Japanese expats, aim for the area around Suk 24-26 that side. There got a very huge expat market and the rent can get very high.
Prices of the condo not cheap too.
But rental should be easy as these Japanese normally on Company accounts and dickfood as well.
But then I have an idea for you to be a small landlord first. Go for a less than 1 million baht condo first/freehold and then see how much rental u can get from it. If you cannot get back the money u paid for this condo via rental in 12 years, don’t think of buying the condo. If 1 works, then you slowly buy a few more to get the hang of it.
SC