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BANGKOK 19 July 2019 21:11
FruitPudding

Which area of Bangkok would you buy a condo in and why?

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On 7/7/2019 at 8:36 PM, Airalee said:

Well...of course the places on the River are gonna be nicer.  You’re comparing the top end to the bottom end.  I’m able to appreciate that there are wide ranging options for every budget.  What I personally don’t understand is the premium that areas such as Thonglor command.  It’s still has the same hodgepodge grubbiness as every other part of central Bangkok.  

 

With all the money I hear about...where are the true “Beverly Hills” neighborhoods?  Do they even have something like that in Thailand?

Thong Lo is a bit more tidy. Has restys and BTS. Some old villas so not as densely packed, tiny bit of green. A few intl schools. There's worse sure.

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1 minute ago, Number 6 said:

sukhumvhit bc it's just tired and sleazy. You'd have to be an idiot to live in that hell. It won't develop

Geez you got that wrong, in the last 4 years two 5 star hotels have spent billions of baht opening each side of my soi  ( 2minutes from nana bts) and the q house has completed selling condos at 1 to 5 million USA dollars!!! and it has a walkway into nana BTS .

They have ripped up my soi and soi 15 and going all the way up sukhumvit putting in brand new concrete rds with massive drains, barely even a puddle in rainy season

They got rid of the footpath thieves opening up the whole area..no development ?

 

Only an idiot would not know that red light areas in all cities of the world eventually get built out due to rising populations and present fantastic buying but when they are red light not after DUh!. Lower Suk is going the same way

 

stick to renting 4k rooms son in whatever village your in your way out of your depth here😃

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As close to Sukhumvit and the skytrain as you can get.

But, I would buy nothing now seems way inflated and over built.

 

On Nut=Oh Nuts.  Because when you wake up in the morning you will realize what a mistake you made living their you will yell out "Oh Nuts"....

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4 minutes ago, bkk6060 said:

As close to Sukhumvit and the skytrain as you can get.

But, I would buy nothing now seems way inflated and over built.

 

On Nut=Oh Nuts.  Because when you wake up in the morning you will realize what a mistake you made living their you will yell out "Oh Nuts"....

Agreed now is not the time to buy with exchange rates and insane pricing. That window closed about 7 years ago.

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52 minutes ago, madmen said:

Geez you got that wrong, in the last 4 years two 5 star hotels have spent billions of baht opening each side of my soi  ( 2minutes from nana bts) and the q house has completed selling condos at 1 to 5 million USA dollars!!! and it has a walkway into nana BTS .

They have ripped up my soi and soi 15 and going all the way up sukhumvit putting in brand new concrete rds with massive drains, barely even a puddle in rainy season

They got rid of the footpath thieves opening up the whole area..no development ?

 

Only an idiot would not know that red light areas in all cities of the world eventually get built out due to rising populations and present fantastic buying but when they are red light not after DUh!. Lower Suk is going the same way

 

stick to renting 4k rooms son in whatever village your in your way out of your depth here😃

Yes its booming and so is the air quality ! 

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Posted (edited)
1 hour ago, madmen said:

Geez you got that wrong, in the last 4 years two 5 star hotels have spent billions of baht opening each side of my soi  ( 2minutes from nana bts) and the q house has completed selling condos at 1 to 5 million USA dollars!!! and it has a walkway into nana BTS .

They have ripped up my soi and soi 15 and going all the way up sukhumvit putting in brand new concrete rds with massive drains, barely even a puddle in rainy season

They got rid of the footpath thieves opening up the whole area..no development ?

 

Only an idiot would not know that red light areas in all cities of the world eventually get built out due to rising populations and present fantastic buying but when they are red light not after DUh!. Lower Suk is going the same way

 

stick to renting 4k rooms son in whatever village your in your way out of your depth here😃

I've lived less than 600m from the MRT for nearly ten years.

 

I was referring mainly to very lower Sukhumvhit but I personally would not want to be in your area. The cops, the constant hassles from street vendors and crazy street life. People that ask you daily to buy Viagra despite you having past them 1-2 a day for years. I really detest the BTS. The tourists are a real bother. The design of the stations, especially Siam a disaster. BTS constant breakdowns and runs inconsistently. But whatever.

 

Nana isn't going anywhere. Neither is Patpong or Cowboy. They will develop of course, but imo it will be last. Theres plenty of cheaper property. Which is a bit ironic, the hole that it is.

 

If I recall you are the fanboy that bought on Soi 4 or like that. Waiting for your heirs to cash in on the upturn in value but still boast how units in your building have doubled....like that?

Edited by Number 6
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2 hours ago, madmen said:

the q house has completed selling condos at 1 to 5 million USA dollars!!!

You love bringing up the Q condos in just about every real estate thread...including multiple exclamation points!!!

 

First...there are units still for sale and the asking prices start at less than $1,000,000

 

Second...let’s look at the PE ratios.  

 

You can buy a 200m 3br for ฿88,000,000...(and then pay whatever the homeowners dues (common fees, whatever)

 

https://www.hipflat.com/listings/bangkok-condo-ocntbavt

 

or you can rent a similar unit for ฿220,000

 

https://www.hipflat.com/listings/bangkok-condo-cciqijha

 

That’s 400x rent.  Ridiculous.

 

Finally...it’s really nothing special.  Looking at the pictures, I see the same white tiles that are ubiquitous in all the lower and mid range condos.  Where’s the travertine?  The wood floors appear to be engineered wood (I may be wrong, but I don’t think so). Why no quarter or rift sawn solid tongue and groove flooring.  Don’t get me started on the kitchen with the thin countertops (should be 1 1/2” thick top end granite at that price), the electric stovetop (I would expect Wolf, Viking or Miele at the least for the price)...and look at that exhaust hood.  It isn’t much different than what’s in my ฿19,000 rental a few BTS stops away.

 

And direct access to the BTS?  (((Wow)))  That will be great for the hired help.  I doubt that people spending that kind of money on a condo are taking the BTS.

 

How are the Lazyboys btw?

 

 

 

 

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