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loginwith

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  1. I have been to Koh Chang by car many times already, but I am thinking about taking my bike instead on my next trip ????

     

    1. I am an "experienced Pattaya city rider". But is this kind of trip actually doable/advisable on a 150cc scooter? Has anybody here attempted this already?

     

    2. Would I need "special clothing" or would be jeans, long arm shirt, and gloves sufficient? Would be a ¾ helmet with visor ok?

     

    3. I noticed that Trat often had rain when I drove through (even though Koh Chang was dry). Would be a "25 baht 7-11 rain coat" enough to get by in case of rain? I would obviously try to do this kind of trip in the dry season.

     

    4. I guess the trip would take significantly more time than by car.  Maybe one hour more? But at the ferry pier ...  do bikes actually have (significantly) less waiting time than cars normally?

     

     

    Any other thoughts?

     

    ----

     

    Just brainstorming ????

     

    • Haha 1
  2. 9 hours ago, HauptmannUK said:

     

     

     

    But, crucially, they made the error of adopting 'Belt in Oil' (BIO) to drive the cam.

     

    My advice to any car buyer is to avoid any turbo-triple engine if you intend to keep the car much beyond its warranty period. Also avoid anything with BIO.

     

    Thanks for this great answer. You confirmed my concerns. There is a lot of info on Malaysian websites about  the "1.5 vs 1.0 turbo" topic, because Malaysia did not get the turbo version. And some reviewers wrote basically that the 1.5 liter engine was the better choice (for the reasons you mentioned).

     

    So I guess the Yaris is the better choice (for me).

     

    PS

     

    The Yaris has a "timing chain" (just in case anybody was wondering).

     

  3. On 1/31/2023 at 4:28 PM, DavisH said:

     It's quite fast and could do with a brake/pad upgrade.

     

    Hard acceleration and you will ehar the 3 cylinder thrum. But its not that annoying. But higher speeds its fairly quiet. It could do with more insulation though, as sound creeps into the cabin. That could be done at an audio shop. 

     

    I've not seen any reports in city facebook pages about problems with the turbo/gearbox.

     

    The brakes are btter on the ativ, as it has rear disc (unless one gets the city hev)

    Thanks for this detailed report (and thanks to the others as well).

     

    Many like the Honda City, I guess, because the previous generation has that smooth four cylinder 1.5l engine.

     

    I will definitely test drive both cars. (Still waiting for a callback ...)

  4. Hi motor experts!

     

    Both are good enough looking cars in my opinion, but I was wondering about the "under the hood stuff". What are the "pros and cons"?.

     

    Obviously the Honda City looks more powerful on paper. 122hp. But it has a three cylinder engine. The Yaris has a smoother four cylinder engine, but only 92hp.

     

    At low rpm three cylinder engines are louder (more vibrating) than four cylinder engines, I read. Is that still a problem nowadays?

     

    And what about long term durability/reliability of the turbo charged engine compared to the "regular" engine in the Yaris?

     

    What are your thoughts? Are they any other "pros and cons"?

     

  5. Due to new regulations I have to visit a Thai consulate abroad in order to get a new Ed visa (my 3rd year Thai language class). I guess a lot of students go to Laos? But since I am in Singapore around that time, I am planning to do this in Penang.

    Itinerary would be something like: BKK - SIN - PEN - BKK (all air; visa on arrival in Malaysia and Singapore).

    Is Penang a safe choice for Ed visa applications? Is the consulate usually crowded?

    Dec 5th (a Friday) is a holiday. But the consulate will be open from Dec 1st to the 4th and Dec 8th, right?

  6. Is witholding tax really paid if you by and sell in your own name and live there? I thought this was only paid if you buy/sell in company name.

     

    "When the property seller is a company, the Withholding Tax is 1% of the sales price or 1% of the assessed value, whichever is higher. After the sale, the company selling the property will need to report the income from the sale on their income tax return."


  7. The estate agent fee is 100% negotiable. Personally I think that the oft-requested 5% here is insane. In the UK agents do this job for 1 or 2% at most, and they dont do anything extra here to warrant any extra payment. Money for old rope.

     

    Who pays the various fees is also completely negotiable, though some solutions are more common than others.

     

    Correct, at the end of my post I cut those fees in half (2.5%), but you still end up with a big loss.

     

  8. @Michael You misinterpreted the question.  I am not selling a property. I am thinking about buying one (see also www.thaivisa.com/forum/topic/741115-buying-condo-from-owner-in-pattaya/), but trying to think ahead - with all the existing and upcoming "unlimited" supply in this area (I anticipate only minor gains - if any - in the future).

     

    So just to clarify. This is just about calculating two sales scenarios, one with a capital gain after 5 years and one without.

     

    That has been answered. And I am surprised to that the withholding tax is calculated based on the sales price independent of any profit(!). So apparently if you sell a 10 mil condo after 5 years for 10 mil, you would lose 15%-20% ...

     

  9. Thanks, that example was very specific, but the same site has a better example which also contains the "rate tables".

     

    http://usa.siam-legal.com/property-thailand/transfer-taxes.php

     

    So basically if you sell a condo after 5 years for 12.5 mil baht (which you purchased for 12.5 mil baht) you would face the following "closing costs".

    Withholding tax: 600k
    6.3% transfer: 787.5k
    5% realtor fee: 625k

    Total ~2.1 mil baht "closing costs"

     

    A seller might able to split some of the transfer tax with the buyer and get a better commission rate from the realtor. That would save about 500k.

     

    Is that about right?

  10. I am wondering about "closing costs" when selling a condo in Thailand. So far I know we would have to pay 6.3% "transfer tax" and 5% realtor fee (negotiable of course to some extent with buyer and realtor).

     

    But I am not clear about "withholding tax" (which based on "income tax").

     

    Let's say someone (a person and not a company) bought a condo for 10 million baht and sold it after "two years and one week" for 10 million baht, how much would be the withholding tax? Does anybody have an idea?

     

     

    And what would the calculation look like if you change the purchase price to 6 million baht (and 10 million sales price). Would that make a difference?

  11. @ThaiBob Thanks for clarifying #7. Very useful.

    Nobody had an answer regarding "home inspectors". I guess it makes sense to open a new question for that.

    I would like to append my summary of this thread to my original post (for posterity). It looks like I don't have the permission? Maybe a mod could do that? The summary is basically post #25. Thanks.

  12. Thanks for all the advice. I appreciate it very much!

    Here is a summary of what I have learnt so far (no particular order):

    #1 Dont pay anything in advance and only pay the vendor using a bank draft in his name at the time of the transfer at the Land Office.

    #2 Finding an English-speaking Thai person (entirely unrelated to the sale) who can translate for you at the Land Office.

    #3 Hire lawyer to help with the transaction (realtor wouldn't make much sense, since no finder's fee in this case). Expect to pay a fee around 10000 baht

    #4 Get the front and back copy of chanote (deed)

    #5 Establish who pays the the [6.3%] transfer costs at the Land Office? Often this is 50/50 but negotiable.

    #6 There are no encumbrances with the Home Owners Association? check with manager or juristic person. If any, he must clear.

    #7 You must bring your money from outside the country (transferred electronically) so a Thai bank can issue you a FET form. This helps you repatriate your money should you leave Thailand.

    #8 Do not give him money yet. If he wants cash [for deposit], be sure you have your witnesses to count the cash. Get Receipt.

    #9 check monthly (maintenance) costs

    I guess the key information is that it would be reasonable to pay only (immediately) after the title has been transferred at the Land Office. The Land Office could be trusted generally.


    Now I have two more questions.

    Is it common in Pattaya to have the unit inspected by an "expert" (and where should I look for such a "home inspector")? I basically don't have any clue about any technical aspects like water, pipes, infrastructure (I probably didn't even list the most important "stuff").


    Point #7 basically implies the following would not be possible, right? "Paying seller from my Account in European country A to Account in European country A or B (to avoid exchange losses)"?

  13. Hi all!

    I (foreigner) found a few years old condo (foreign ownership) in Pattaya that I like. Unfortunately I am not familiar with the process at all. I couldn't even read any Thai official documents :-)

    What would be the best way buy from owner (minimizing the risk of being scammed)? I guess hiring a "buying agent" would be the way to go? How would I find such a person/company?

    Do you have any recommendations?

    Thanks for reading this topic!

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