Everything posted by KhunHeineken
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Pattaya Condos: History and Future
Is this fake news? https://www.nationthailand.com/business/property/40053949 "Thai Real Estate on the Brink of Collapse Amid Unprecedented Crisis" "Thailand's property market is facing a "severe crisis" in 2025, with industry-wide home loan growth projected to turn negative for the first time in the country's history. https://www.investasian.com/property-investment/thai-real-estate "Some of our team members are living in, or are native to Thailand as well. With all that said, we’re not positive about the Thai real estate market’s future." https://internationalinvestment.biz/en/real-estate/5705-thailand-cuts-property-transaction-taxes-how-authorities-are-supporting-the-real-estate-market-in-2025.html "Thailand Cuts Property Transaction Taxes: How Authorities Are Supporting the Real Estate Market in 2025" https://asianews.network/thai-property-sector-faces-crisis-as-debt-burden-soars "Thailand’s property sector is teetering on the brink of collapse as soaring household debt and tightening credit conditions create a perfect storm threatening the industry’s survival, according to leading experts." As can be seen in just these few links, all is not well in Thailand's property sector. Clearly, you are talking property up on this forum as you try to cash out your position. Can you post links, not you opinion, to counter the information in the links I have posted? Are they credible sources? Are their stats correct? Why does the information in these links differ so much from what you post indicating a healthy property market here?
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Retirement Visa early renewal . (Pattaya Immigration)
Australian superannuation median growth return was 10.5% for the financial year 2024 / 25. 800,000 baht x 10.5% = 84,000 baht. That's why the 800,000 baht is just a life long donation to a Thai bank. Of course, many will say, "I only pay 1,900 baht for my extension." https://www.superguide.com.au/super-booster/super-funds-returns-financial-year "For the third year running, super funds surpassed expectations in the financial year to June 2025. Against a backdrop of Trump’s on-again, off-again tariffs and rising geopolitical tensions, with high market volatility, the median Growth fund returned 10.5%."
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The transformation of Pattaya
Yes, so tourism is down 7%. Right?
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The transformation of Pattaya
Yawn. Same old hard sell from you. Supply and demand market forces. There is a massive oversupply here putting downward pressure on sales and rents.
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The transformation of Pattaya
So, you now agree tourism is down 7%. Right?
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The transformation of Pattaya
Fake news, is it? 7 years jail for a myth. https://www.thephuketnews.com/phuket-zero-baht-tour-company-bosses-sentenced-to-over-7-years-in-jail-face-fresh-charges-66181.php Look at the extent of their assets that were seized. Buses, boats, land etc. https://thethaiger.com/news/phuket/Boisterous-bidding-raises-B1027mn-Tranlee-auction "Incorrect" is it?
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The transformation of Pattaya
Do you have any links to different stats that show tourism IS NOT down 7% in Thailand in 2025? As high season approaches, that 7% could go as high as 15%.
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The transformation of Pattaya
Yes, by about 7%. I posted a couple of links showing this.
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Dream Crushed: British Expats’ Thai Retirement Nightmare
The internet has a lot of easily accessible information about the horror stories of those who came before him. There are well known books on the subject. There are none so deaf and blind than those who refuse to hear and see. Once someone has in their mind "my girl is different" then they will have to accept the consequences.
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Australian Aged Pension
That's about 13 extra Leo's a fortnight.
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Pattaya Beach Woman & Ladyboy Rob Australian Man
Yes. Of course I take care to ensure she can't see me entering the combination.
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Those of you who live on 40k a month
It's a bit like the guy who says, "I can live here comfortably on 5,000 baht a month, but I give the Thai missus 100,000 baht a month and she takes care of all the bills."
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Out of date gas cylinder
What was the result?
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50 million bht to Thailand, tax implications
Irrelevant. You said this: "Lots of Pattaya residents are purchasing new properties in the 20MB to 50MB and up price range." Link please?
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The transformation of Pattaya
Is this fake news? Is the Bangkok Post a credible source? Has the Tourism and Sports Ministry got it wrong? https://www.bangkokpost.com/business/general/3089318/thailand-records-7-04-y-y-drop-in-foreign-visitors-so-far-in-2025 "Thailand's foreign tourist arrivals from Jan 1 to Aug 17 fell 7.04% from the same period a year earlier, the Tourism and Sports Ministry said on Tuesday."
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The transformation of Pattaya
Tourism is down 7%. When the TAT saw the western country tourist numbers dropping, they propped up the stats by targeting China, India etc. The declining western tourists numbers were replaced by "zero baht" tourists. Remember that term? The Chinese do organized tours, with the company often being a Chinese company with profits either remaining in China, or being repatriated back to China. The Indians and Arabs do not have a "drinking" culture, so while the TAT kept the numbers up, hospitality venues didn't benefit from the new demographic of tourists. I had a look on Agoda at some of the large and popular hotels in Central Pattaya. Plenty of availability for the high season. Perhaps many have not bothered to book early, or perhaps many are just not coming here next high season. Time will tell.
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The transformation of Pattaya
Tourism down 7%. Fact.
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The transformation of Pattaya
The stats don't show this. Tourism is down by 7%. If you are talking about retirees, "holidays" are the best advertisement for a retirement destination. If people are holidaying elsewhere, they will most likely chose that country as their retirement destination, so if the downward trend continues, you can expect less expat retirees here in the future. I would suggest if / when Vietnam introduces a retirement visa that can be extended inside country, then not only will you see an exodus, but you will also see new retirees chose Vietnam over Thailand. Just more talking up the real estate market from you. I call BS. Property not moving here. Thousands of properties on the market, whilst they are still building more.
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The transformation of Pattaya
Tourism is down by about 7%. There's a lot of data from credible sources on the internet. I posted one link showing this. High season numbers will be interesting.
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The transformation of Pattaya
Vietnam is on the way up. Thailand is on the way down. https://vir.com.vn/vietnam-welcomes-over-12-million-international-visitors-in-seven-months-134078.html "Vietnam recorded a historic influx of international tourists in the first seven months of 2025, welcoming more than 12.2 million foreign arrivals, up nearly 23 per cent on-year, according to the Vietnam National Authority of Tourism (VNAT)." https://thediplomat.com/2025/08/thailands-tourist-arrivals-down-on-competition-safety-concerns "Thailand’s tourism sector continues to slump, with foreign tourist arrivals having fallen by more than 7 percent so far this year, according to the country’s Ministry of Tourism and Sport." So, Vietnam up 23% while Thailand down 7%. Basically, Thailand no longer offers a value for money holiday experience when compared to its neighbors. This guys explains it very well, showing receipts and doing currency conversions, including Thai baht. I didn't know Thailand has the third most expensive ATM fees in the world for international ATM cards. The video is only 1 day old at the time of this post.
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Pattaya Beach Woman & Ladyboy Rob Australian Man
I go straight to the safe and lock everything away. Then, to the shower together, or meet her in there.
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Those of you who live on 40k a month
Fail. I struggle to spend 10k a month, but my company pays for everything, and when we eat out, it's street food.
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50 million bht to Thailand, tax implications
No, you are not the link. You are a realtor who has been working here illegally, thus, you have a conflict of interest when posting about property here. I don't believe you, and since you are the one who posted "Lots of Pattaya residents are purchasing new properties in the 20MB to 50MB and up price range." I am calling you out on it. Post a link to some recent sales, or where you sourced the information for your comment. You said "lots of Pattaya residents" so it shouldn't be difficult.
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50 million bht to Thailand, tax implications
Link please. I smell more real estate BS from you.
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New Speaker System.
Buy a decent soundbar. Most come with a 3.5mm audio in port. Plug your 3.5mm audio out from your computer into it with a 3.5mm to 3.5mm cable.