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BKK - Anyone asking for big rent decrease?


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This is hard times, also for the landlords. I am on a pension; still, I wouldn't dream of using this situation to get a lower rent. Actually, I recently paid for six months before I had to.

I will make a suggestion. Send a message to your current landlord asking him to clarify something, this is the question :   "How many days notice do I need to give you to cancel the rental c

What I get from this is... you don’t want to move, but you want to take advantage of the climate and pay less rent - Fair enough, ultimately its just business.    You have concerns your land

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Im doing Air B&B monthly big Savings and lil  deposit , I was asked for 1000b deposit only , Lovin It , 2 br 2 bath Sea view 100sg meter 11,000 a month in Pattaya or Jomtien 

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14 hours ago, madmen said:

The end result is entirely predictable. The landlord will of course take it personally and give a firm no or maybe even kick you out 

 

Ask but also be prepared to leave. Thais rarely give discounts and 50 % ain't gonna happen. I'm guessing you know this already and that's why you are here asking for advice instead of crunching the owner already 

I was going to leave my condo and owner said no have to pay rent just go snd do your tours and traveling and come back when you want , I m paying 11,000 a month in Korat , unbelievable I went touring for two months didn’t pay a baht now back in condo , I’ve never heard of a Thai doing that 

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12 hours ago, ukrules said:

Oh no, it's sending a message - the message is very well understood by the recipient.

 

You don't have to ask for a discount.

 

Try it and watch discounts flow your way.

A wild guess at best.

 

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13 hours ago, FritsSikkink said:

He only think that you are stupid as it is in the rental contract.

It's not always in the contract, so the question is not stupid. 

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I cruised around patong/ Bangla rd. on my bike today. No exaggeration, thousands of empty  bars,hotels, restaurants,etc. open, unlocked doors, like a war zone ( actually it IS a war zone), to but your big boy pants on and project, time, and cost of bringing it to its formal glory are daunting. A real eye opener. Like “ Blade Runner, on a cheap budget, in the light of day.

 

Sobering. So wo to he who says he can “ fix it”. Quite a time to be alive.

I still think I made the right move staying in my adopted home, as opposed to the true madness in the west.

This is turning out to be a gift, where I have come to be a bit closer to my beautiful hosts.

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16 hours ago, ezzra said:

It depend, as a landlord, if the tenant just looking for a free ride because of the covid situation i'll tell him to go jump in the lake and move if he desire to do so, but if his livelihood got effected my the Covid situation i will work out something beneficial to both of us... 

Wow, you would be a bankrupt landlord very quickly.  There is virtually no chance he could rent the place at anywhere near my current rent and certainly not for several months.  Most likely scenario is several months lost rent, then accept a 30% haircut to get a tenant.  As I mentioned, my lease is expiring, so you would tell a tenant to <deleted> off if he asks for market rent at time of contract renewal? Just sayin', but maybe not the wisest decision financially.

 

 

16 hours ago, dimitriv said:

 

You can also do it in a different way. Tell your landlord that you are having a difficult time at the moment, and that you will probably cancel the rent because you have to look for something cheaper.

 

It is like asking for a discount, but in a different way.

 

 

My Thai friend also suggested I do this but it does not reflect reality (my primary income is investments, zero impact due to Covid) and I am unwilling to lie / manipulate to get a discount.  That's my weakness, I suppose, but I would prefer an honest approach.

 

3 hours ago, Surelynot said:

Supply and demand...get whatever discount you can......imagine there was a severe shortage of apartments....what do you think the landlord would do?...he would screw every last satang out of you.

 

No discounts advertised...you have to haggle face to face....I got my condo rent down from 26,000B to 17,000B only to find my neighbor got his for 14,000B.

 

I'm also a landlord by the way.

No question this is the case, I would have to pay more in a tight market... as another poster said, it's just business. 

 

18 hours ago, madmen said:

The end result is entirely predictable. The landlord will of course take it personally and give a firm no or maybe even kick you out 

 

Ask but also be prepared to leave. Thais rarely give discounts and 50 % ain't gonna happen. I'm guessing you know this already and that's why you are here asking for advice instead of crunching the owner already 

My Thai friend suggested I ask for a 50% discount (and indeed I know of cases of this happening), but I immediately rejected the idea.  At most, I would ask for a 10-20% discount.  No doubt I could do better by moving, and that is an option since my lease is expiring, but I am a bit too lazy and complacent for that to be my preferred option.

 

I am not naive about the reality here, I was just trying to gauge the general viewpoint on this and I have no intention of being highly mercenary by asking for a huge discount

 

BTW, my landlord is wealthy, president of regional logistics company (everyone here would know the name), and owns multiple units in my high-end building and no doubt others as well.  I have never met him, he has his assistant do all of his business after he cut the agent out of the loop at our first renewal.

 

Most likely I will extend my contract one month and use that time to shop around and test the market.  Then I can either simply move if I find something I prefer, or at least negotiate from a position of strength.

 

And of course, if requesting a discount, I won't rudely demand it, I will simply let the landlord know I am aware that the market has softened significantly and ask if he is willing to offer rental concession.  If not, I will give notice and see if he changes his stance.

 

Thanks for the replies, I am most surprised by the people saying they are willing to subsidize their landlord. I am not so soft-hearted, but not willing to be a cold-blooded mercenary either (the money isn't that important, but I don't like to pay above market for anything).

Edited by eppic
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There's a sign up in my condo building saying foreigners need to produce a negative Covid-19 test result if they want to rent so if the landlords are desperate the condo management haven't got the message.

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2 hours ago, edwardandtubs said:

There's a sign up in my condo building saying foreigners need to produce a negative Covid-19 test result if they want to rent so if the landlords are desperate the condo management haven't got the message.

Photograph it and send it to that Barrow guy🤣

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7 hours ago, bwpage3 said:

A wild guess at best.

 

No, it's not a guess, not at all. Guess again 🙄

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