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Just Curious

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Everything posted by Just Curious

  1. Correction: Dogs howl at the moon. 😆
  2. I accept your apology for you not being able to understand my explanation of your absurd original comment in this thread.
  3. I think you're having trouble with the English language. The available units are sold out. You cannot sell something that isn't for sale. Now are you clear?
  4. Just pointed out the ridiculous nature of your original comment. Plenty of trees to go an hug but make sure you walk to the tree naked as the clothes you wear would have had an impact on the environment during manufacture and transport to the place of purchase. There's a balance for everything I think you would agree.
  5. I said the developer "withheld" the units from the market. I didn't say they were sold and the developer doesn't say they are sold either. They are simply not available and will be released at a later stage in development. Please pay attention.
  6. Being in the industry these "sold out" units are sold. The developer may withhold a small percentage of the best units to maximise on their value later in the construction process. A lot are bought in multiple unit lots by investors/speculators that then flip them as the price/sqm rises during construction. Recently a very large sub-penthouse sold in 2022 for 150k/sqm was "flipped" to a Chinese buyer for 300k/sqm. Many units that are sold off plan are also re-sold prior to completion due to circumstances changing for the original buyer including their financial inability to complete payments and transfer. This was a huge factor a decade or so ago when the Russians were forefront of the market. They would be on their 2 week holiday from the cold and pay a minimal deposit on 2,3,4,5 or more units and when they got back to reality and the cold and payed a few regular instalments that they realised they couldn't afford what they'd bought. The developer gets to keep the money they've already received and they get to re-sell at a higher price and the agent can sell again and get another commission. In short, there is a huge turnover of units during the course of pre-construction and construction. Last week was the launch of another 50 level residential high rise on Pattaya 3rd road. Construction is not scheduled to even commence until Q1 2026 yet a group of European investors secured in excess of 400,000,000 Baht on the first day. These will be flipped without doubt during construction. There's your answer.
  7. Maybe because I usually pop into their office to pay (it's convenient to do so for me). Who knows? All good, it's not concern.
  8. Now some new projects are much more expensive. At Grand Solaire on Thappraya Road the base price is 140k.sqm. on the lowest floors a dog kennel (sorry meant studio unit) of 20.5 sqm. starts from 2.87 million. Higher floors (it's 67 floors high) are 300k/sqm. in foreign quota. I've just received the latest sales matrix and there's not that many left on the high floors.
  9. Yes you can stay overnight. There is a building there that is (naturally) owned by the Navy and converted to a hotel. Foreigners can stay as long as they are accompanied by a Thai citizen. Stayed there several times.
  10. Yes can own a car, no need for a licence. All our cars and first class insurance have always been in my Thai wife's name. She's never had and never wants a licence but not problem buying a car or insurance. I'm noted on the insurance policies as the "named driver", this saves on premiums. The insurance company take a copy of my licence annually.
  11. I've stayed overnight there regularly - with my Thai wife.
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