Airalee

So does that raise the unemployment rate from 1% to 2%?

46 minutes ago, Jimbo53 said:

Just an example of how much of a rip off these cars are..USD$32.000 =THB M1.006.000

https://www.autoblog.com/cars-for-sale-detail-6053676927653929280-Maybach-62-2004

Compared to the US they are definitely a rip-off...but compared to the prices asked locally, they’re pretty good.

Considering that Russell Crowe is allegedly one of the biggest jerks and hotheads in Hollywood, it sounds like the role suits him perfectly.

What we really need here is In-N-Out burger.  They did a “pop up” for 4 hours a couple years ago (sold out in 3) and were selling a “double double” for only ฿100.  At that price, if they ever had a permanent presence here they’d drive all the other burger joints out of business.
 

Order online...2 Big Macs, fries, nuggets and strips and 2 cokes.  ฿299

1 hour ago, bkk6060 said:

No.

But, I sure would like to see the 20 k a night rooms.

There’s a place in HuaHin next door to the ฿1000 Ibis I stay where the rooms go from ฿70,000-140,000 per person.  I feel sorry that they have to have a filthy lowlife like myself so close.

https://www.chivasom.com/hua-hin/accommodation

42 minutes ago, Justgrazing said:

Crikey even more damage to your bank balance then .. in Britain the top end ones are around £70k which is a lot for what is essentially a working vehicle .. All the Japanese trucks with Toyota being top of their pile offer better value and probably do the job as well if not better than the European vehicles but they don't have quite the cachet of the Merc' .. 

And if money really were no object you could try an AMG G-Wagen 6x6 ..

 

How about a Unimog?  I wonder what they’d go for here.

13 minutes ago, JTXR said:

Folks who hang out on this forum are not "the market" anymore.  A much more realistic picture would be gotten by posting the OP's original question on a Chinese-language forum. Lots of new condo units are being snapped up by the dozens and hundreds by Chinese investors who will sell to their countrymen, if not now, then 1 or 3 or 5 years from now.

The Chinese aren’t the market either.  Right now, western hotel chains are “snapping up” hundreds of units in some of the more desirable mid range buildings.  Wyndham (Kew Green Hotels), a UK firm has recently purchased 425 units in 4 Siamese Asset buildings to be used as hotel rooms.  Granted, there are lots of Chinese (and Japanese) purchasers, but the individual condo buyers now have to compete with the corporate big fish.

Thanks for all the input!  It looks like Pattaya will be the place for me....or I’ll just have to stick with the mini golf courses. ????

15 minutes ago, BigStar said:

Well, that's the thing. If only they were fleabag hotels around Soi Buakhao where the Golden Egg Layers always stay and we know the rent is at least B400 a night then we could say that Pattaya's has truly had a lucrative holiday weekend.

I’m a lowly Ibis shlub myself, but I gotta say that the retro interior decoration of some of these “high end” hotels Is pretty rockin.

I wouldn’t sell.  There was recently a mainstream media article telling people that NOW is a good time to sell your gold.  Do you believe them?  

1 minute ago, snowgard said:

Right, but the most dealers have their places full of cars because the business run bad. And who want take a bigger bank credit if you don't know when you can pay it back? ????

So the chances to get a "cheap luxury car" are much more better as before.

Sure....there are better deals now, but going off the prices listed for cars such as the Bentley Vantage and Continentals, there is a TON of money to be made on a quick flip.  Even the SLK 230 at ฿186k is less than 1/3 of the asking prices on all the used car sites.

6 minutes ago, bodga said:

you  need  to  look  harder then

I already bought.  If you know of some, post their names here.  I’m sure people would appreciate it.

Looking at the PDF, there are some pretty good Starting prices (depending on mileage and condition) compared to asking prices on one2 car and Kaidee.  The only problem is that you will be bidding against dealers who know what the true market values of the cars actually are.

The deals are out there.

Find a complex that is close to completion.  Foreigners who put down payments of 30-35 percent can’t close because 1.  They can’t get back into Thailand and 2.  Their currencies have depreciated significantly over the last 3-4 years since the original down payment (if they come from EU/AUS/NZ/UK)  They risk losing 100% of their deposit and the condo goes back to the developer.  They will prefer to get 10% of their deposit back instead of losing it all.  Buying from a Thai will be harder as they have lower down payments and if they already “own” the unit, it’s not uncommon for them to finance between 90-110% of the purchase price.  This means they will have to bring money to the table in order to get out from under the loan.
 

Figure out the P/E ratio based on a realistic renting price.  Many places are asking 300x monthly rent (or more).  If you get in at 200 or below you’re doing good (if it’s a desirable building).  
 

Get a foreign agent. (I used Benjamin at Imomi).  The Thai agents (from what I have found) are afraid to “lose face” by making lowball offers.

3 minutes ago, ThailandRyan said:

I know guys who have walked away from million baht condos and never looked back.

Nirun?

Just curious if there are any of those par 3 pitch(chip) and putt courses here in Thailand.  The kind where they furnish you with a 9 iron (or wedge) and a putter and let you go have some inexpensive beginners fun?   I’m not good enough for a long course so it wouldn’t worth the money having to pay to rent clubs, hire a caddy, expensive greens fees etc.  

I was hoping to head somewhere like HuaHin or even more preferably, Phuket for a holiday out of Bangkok so if anybody has some recommendations...I’m all ears.

Thanks!

8 hours ago, ThailandRyan said:

Not all hotels are closed.  I am headed back to Cape Panwa to stay at the Pullman resort in a Seaview room with all amenities included, 3 meals a day, drinks, transfers to and from the hotel back to the airport.  With the Airfare I paid on Bangkok Airways and the 8 day package it ran about 37,000 baht for both the GF and myself.  Just returned 2 weeks ago from Staying at the Cape Panwa resort same type of deal.

 

I will book a few more trips from Bangkok to Phuket in November and December.

Can I ask where you are finding that deal?  It sounded nice so I thought I would book the same (Pullman) but the best deal I can find (Agoda, Booking and Pullmans own website) is 50,000 for 8 nights with only half board (lunch or dinner) and no drinks.  Doesn’t include airfare or transfers either.

45 minutes ago, BritManToo said:

Not been much in the way of inflation in Thailand over the past 10 years.

Rents the same, petrol is cheaper, hookers have doubled in price.

Exactly...although I hear hookers have also been lowering their prices.  
 

Everybody always seems to bang on about inflation, but with the COVID-19 pin pricking the inflationary debt bubble, I wouldn’t be surprised to see deflation for quite some time.

3 hours ago, theoldgit said:

 

Just because they're advertised on Agoda does't always mean that they're available, even if you actually book them

 

We had to go to Bangkok last weekend, we booked a half decent hotel near were we needed to be, only for the hotel to send us a meesage that they were closed and that we needed to contact Agoda to cancel the booking.

 

We cancelled and booked another hotel, a Sheraton on Sukhumvit, only for them to also advise that they were closed.

 

We ended up booking a Holiday Inn directly, were we paid 1,800 Baht for an Exective room, taking full use of the Lounge benefits, the hotel was practically deserted.  

It looks as if Holiday Inn is also discounting quite heavily.