Buying A Bangkok Condo - My Experience

[Pegasus Sinbkk]

(deleted as info is out-dated)

 

[kebinu]

so, how did you get the condo there?

 

[Pegasus Sinbkk]

Have PM you my blog. Or you can view my profile to see the link.

 

[tekster]

Pm me pls. U got thai mistress there?

 

[doody_]

Please share, thanks!

 

[mrkiasu]

please share. i dont see anything wrong with this personal thing. not commercial thing.

 

[Yellowfin]

If you wish to share your experience then please post it out. Don't go asking user to pm you.

If every user in this forum post asking people to pm them in order to get information. Then might as well don't use a forum go to face book or other private media.

Forum was created for like minded people to share their experience openly.

 

[Pegasus Sinbkk]

I tried sharing my posting but HWZ flagged it as an infraction!!

So I have put my link on my profile page as my home page.

 

[Yellowfin]

I tried sharing my posting but HWZ flagged it as an infraction!!

So I have put my link on my profile page as my home page.

Please read the TOS here.....Singapore Press Holdings | Media Kit

 

[bugmenot45]

Please read the TOS here.....Singapore Press Holdings | Media Kit

which TOS did he go against?

 

[theking_smen]

thanks for the info!

 

[iCuteCube]

If one is considering overseas investment, i would strongly encourage that they have a "stable" base in Singapore.

In short-

1) Adequate insured with various Insurances, i.e. H&S, CI, etc
2) A "Reasonable" pool of investment in Singapore, (i.e. Stocks, property, etc)
3) etc etc.

 

[starbugs]

The top question people here probably have: what is your net rental yield?

 

[Yellowfin]

which TOS did he go against?

Because he had already edit his post.

 

[tanjunse]

In line with what you get with S-REITs.

Wait, you forgot that the reason why people would buy property instead of S-REITS is that the property can be taken as a collateral for a loan (i.e. borrow money to buy the property) from the bank at a very low interest rate.

Although it is possible to pledge shares in S-REITs for a loan, the interest rate is more punitive.

So the possible rate of return would be anywhere between 2 to 5 times S-Reit dividend yield if the property investor is experienced.

 

[djchris]

Are your target tenants expats like the landlords in SG?

 

[Pegasus Sinbkk]

djchris,
From what I observed, people looking to rent mid- to luxury condos are typically foreigners (working expats or retirees) or thai-foreigner couples. The rich Thais would have their own condos (and probably, a house for weekend). For lower-end condos, you may find foreign teachers or students or working Thais as tenants.

 

[elliotreble]

just curious, why Thailand? anything about the thai property market trends now?

 

[sAVaGEmP5]

Thailand has perhaps one of the lowest occupancy rate. maybe 2nd to China.

eg. a building with 100 units, Thailand has only abt 14 geniune occupants. The rest are investors for rental or net appreciation. U wait slowly wait and wait until u die loh..

Just a reminder...

 

[Pegasus Sinbkk]

sAVaGEmP5,
It depends on the location, what you buy and at what price. Same basic rules for property-buying apply.