iBike

I think many condos, particularly older, highly occupied are less likely to have Airbnb, than newer condo with many investors, but low occupancy rates.

You'd be better checking how many units in condo are occupied by owner or long term tenant rather that whether they accept airbnb or not. 

Most long term tenants and owners will raise complaint against airbnb and you'd be surprised how many condo management enforce this. We had a few obvious airbnb arrivals and it was stamped out immediately.

Stand outside Hyde Sukhumvit 11 or Vtara Suk 36 for a couple of hours and you'll see what an airbnb condo looks like (before/after COVID).

So to answer your question, yes it is enforced and no it is not enforced.

Good afternoon.

Am just moving back into Bangkok from Phuket. 

I've always been a buyer rather than a renter, after the recent sale of my condo, I am looking to purchase a small unit in central Bangkok.

Do any of these board members have experience of living in or owning property in Waterford Diamond in central Sukhumvit?

I am liking the location, and the size to value VS some of the newer buildings in the area.

Would appreciate any constructive input.

Expected as much.

There were some people milling about at the entrance last week.

I'll try to decipher some Thai and hand gestures for some info.

How could one discover how a vacant land plot next door to a condo is planned for use as?

Some planning department details maybe?

I suspect I may be pissing into the wind here but; any way to find out about land sales or planning permissions granted to developers? 

I would like to make sure that there is no immediate construction planned next door to a condo I plan to purchase.

Agree. I think 8/10 times since I've been looking, I also receive the 'it's sold' reply to the adverts that have been placed online within 1-2 days, and 'Can I give you some other options'. I think this is standard agency trick worldwide to be honest ????

1 minute ago, Peterw42 said:

I think you are confusing developer sales offices with juristic person condo offices.

 

A condo office does neither sales or rentals.

Its actually against the condo act for a condo office to run any sort of business, including sales or rentals.

A condo office works for the co-owners and deals with the co-owners. 

If there is an office onsite doing sales and rentals thats the developer. The condo office may be close by but its not doing sales and rentals.

No confusion my end. I understand the difference, and you're very naive to think that condo office doesn't know the number of unsold inventory in a building, as stated in your previous post.

It seems you are just here to be argumentative, and incorrect at the same time. Good day to you sir.

16 hours ago, Peterw42 said:

Condo offices dont do rentals how would they know if I have a condo for rent with an agent up the street. The developer may own and rent condos but still nothing to do with the condo office. Its not like rental condos have a big R painted on the door.

My wife manages 8 rental properties, advertises on websites, signs a lease, gives the tenant a key, all without the condo office knowing anything about it. All the condo office knows is the condo is occupied, it could be the owner, the owners friend or a tenant found on a website.

 

I am sure there are condo blocks with unsold developer condos but unless you work for the developer, you wouldn't have a clue the percentage.

 

 

Are you new here?

Many of the larger condo's have offices which are set up solely to manage their unsold inventory via sales or rentals, either directly by the developer or by one of the real estate agents who are subcontracted to work onsite.

Plus, you're missing the point of my post. My post is referring to unsold inventory in the building where rentals are being managed by the developer/developers partner. Not rooms in the building which are for rental by landlords. Many of them freely give up the information. I know, because I viewed a condo yesterday with an agent. The lady working in the condo office was happy to share that roughly 80 of a 440 room building is unsold to co-owners. 

On 5/4/2019 at 9:43 AM, Peterw42 said:

What are you basing your opinion on, there isn't much data out there unless you work in the land office. Often the only 2 people who know about a sale are the buyer and the seller. Developers dont usually disclose how much they sell or dont sell.

My wife does some work for a couple of girls that sell real estate and they are doing just fine at the moment, they sell 2-3 properties a month, the sellers are at least getting their money back or sometimes turning a profit. Lots of condo blocks where the foreign quota is full.

 

 

 

I've been looking to buy recently. it's pretty easy to tell. You ask the building management how many of the buildings rooms for rental are owned and managed by the developer or building owner, and how many are co-owned by landlords.

There is a f'ing shitload of condo's that are 20-25% unsold, even in 10-15 year old buildings around central Bangkok.

Shows how much profit is made on new condo sales when they can afford to not sell 25% of inventory, and then keep many of the rooms empty, without dropping the prices of either sales or monthly rental prices to meet market conditions.

Hey ya'll 

Board members with feedback on these towers for a potential buyer?

Condition / building management / quality ?

Thank you for your help in advance.

Mr i

Help a brother out.

in my quest to make a stew I need Pearl Barly and Atora Suet.

Any ideas along Sukhumvit line?

Already tried Villa Market at Phrom Phong, Tesco Lotus Onnut and Gormet Market Emporium.

Thanks!

Thanks.

I'll look into Marsden Building Society and Al Rayan Bank. Seen Skipton also so they all could be worthwhile investigating.

is Uk mortgage/UK property.

Interatingly for Thai mortgages, looks like UOB will now offer direct mortgages with their Thai banks rather than the SG/HK Offshore bullshit. Might be for people who have stable employment in TH though.

cheers

UK or even non-uk guys taken UK mortgages while abroad?

Looking to invest in a small property, prob 150k GBP with 25% of value as deposit. Having issues with the banks. Some will not lend, others will only lend 250k+ mortgages.

Know more flexible lenders?

Hi TV'ers

About to incorporate in Thailand. through a joint venture with 51% Thai partner. My partners workload allocation is limited to some simple accounting and tax work for a small start up business.

Through preferred shares I want to limit the Thai shareholders right to dividends.

Does anybody know the legal limit of dividends that can be allocated? Of if it is negotiable, in your experience, what is a fair % to allocate?

Cheers,

No honour with these people. They will keep hitting so the other person cannot get up. There's no case of he/she being down so you stop attacking.

I met a young girl once at a bar who told me if she get into fight she will keep hitting as hard as she could until the other person can't do anything. Life of death fighting attitude. Maybe that hw it works in the villages;?

Why do they always give excuses like it's such a normal thing to do??

I wanted sex so I slept with the baby until it started crying

Jesus

That article is one big oxymoron

Funny that.

The motorcycle taxi guy and I were having an interesting conversation about the quality of battle take the other day. He was a very well informed member of the public. Obviously.

:/

Taxi? Registered?

How does anybody leave a $1500 dollar computer, $8000 in cash in a taxi? It's not like it fell out of his pocket by accident, that stuff sits on your lap, held onto tightly.

A taxi diver once returned my phone to my condo after I left it in his vehicle whilst a bit drunk, so not to say it doesn't happen, but I have difficulty believing these 'bags of money' stories.

This is going to be hijacked in the same way as 'amazing thailand'

Sue any migrants who bring up labor issues?

He should have a sign that says win an all-expense paid trip to Vietnam.

What has Vietnam got to do with Thai dogs eating neighbour's chickens?

'knock knock, anybody home' .................... Vietnamese eat dogs. EG punishment (In laymen's terms).

Part of economic warfare IE dissuade tourists from visiting? Bit of a crap article, even for the sun.

Who arrests the police?