This will be my first post so don't beat me down too hard,
I would like to ask you forum veterans and expats or locals living in and around Bangkok what you guys know and think about the new mid-range developments going up in and around the city - in particular - on soi 77 off suk (Oh Nut Road) - by ARREYA - their aSPACE condo. These condo's are going for about 1.5 million baht. They are styled as the place where you just bring your clothes. They include everything you need.
At first I was quite happy to have bought it - as anyone who purchases something, but then when I started doing some research, i found that they had said air-con in one publication, but then they said it would not be included when I sat down with them to buy a place. And their brochure says hardwood floors but I find out that it will be lino floors. Also, they are not good at returning emails, so I am left with many questions. Although they did call me once after some time.
I bought one of these places on a whim, partly because I come to Bangkok often - a few times a year, probably spend a few grand on hotels every year and am getting tired of hotels. I don't plan on renting it out, will probably only use it for a few months a year. I would be happy if one day I could sell it for cost taking into consideration inflation. Who knows when I will sell it, in a year, or after many years.
Now the concerns I have are:
1) I have heard expats say they have come to their place to find someone was living there while they were in their home country. What is the possibilty of this happening. Is this common. Can the building management enter your place with a possible spare key?
2) Are these new developemnts getting better?
3) Do you know of this company Arreya and what is their reputation? and What do you guys think of their new developement that will begin construction in January 2007 and finish in September 2008?
4) Should I get a lawyer to look this over, or are these new condo sales fairly straight forward? The reason I ask this is because this is not a lot of money here - about $40,000US and I compare it to buying a car - where I would not get a lawyer - but PLEASE correct me if I am wrong on this assumption. As a note - I saw many people just signing away, even some foreigners/expats as if this was business as usual within a few minutes of pondering. I believe they were almost all sold out after a four day event. I could be wrong.
And
5) Can anyone tell me where these new planned BTS or Metro routes will be? I already know about the extensions, but they are saying 6 new lines are in the works. Are they still going ahead or are they now on hold?
Any help in answering these questions would be greatly appreciated, and I appologise for so many questions. I have perused this site and others and can not find any answers so I rely on you Bangkok experts to help me out.
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New Condo Developments In Bangkok
in Real Estate, Housing, House and Land Ownership
Posted
Greetings forum members,
This will be my first post so don't beat me down too hard,
I would like to ask you forum veterans and expats or locals living in and around Bangkok what you guys know and think about the new mid-range developments going up in and around the city - in particular - on soi 77 off suk (Oh Nut Road) - by ARREYA - their aSPACE condo. These condo's are going for about 1.5 million baht. They are styled as the place where you just bring your clothes. They include everything you need.
At first I was quite happy to have bought it - as anyone who purchases something, but then when I started doing some research, i found that they had said air-con in one publication, but then they said it would not be included when I sat down with them to buy a place. And their brochure says hardwood floors but I find out that it will be lino floors. Also, they are not good at returning emails, so I am left with many questions. Although they did call me once after some time.
I bought one of these places on a whim, partly because I come to Bangkok often - a few times a year, probably spend a few grand on hotels every year and am getting tired of hotels. I don't plan on renting it out, will probably only use it for a few months a year. I would be happy if one day I could sell it for cost taking into consideration inflation. Who knows when I will sell it, in a year, or after many years.
Now the concerns I have are:
1) I have heard expats say they have come to their place to find someone was living there while they were in their home country. What is the possibilty of this happening. Is this common. Can the building management enter your place with a possible spare key?
2) Are these new developemnts getting better?
3) Do you know of this company Arreya and what is their reputation? and What do you guys think of their new developement that will begin construction in January 2007 and finish in September 2008?
4) Should I get a lawyer to look this over, or are these new condo sales fairly straight forward? The reason I ask this is because this is not a lot of money here - about $40,000US and I compare it to buying a car - where I would not get a lawyer - but PLEASE correct me if I am wrong on this assumption. As a note - I saw many people just signing away, even some foreigners/expats as if this was business as usual within a few minutes of pondering. I believe they were almost all sold out after a four day event. I could be wrong.
And
5) Can anyone tell me where these new planned BTS or Metro routes will be? I already know about the extensions, but they are saying 6 new lines are in the works. Are they still going ahead or are they now on hold?
Any help in answering these questions would be greatly appreciated, and I appologise for so many questions. I have perused this site and others and can not find any answers so I rely on you Bangkok experts to help me out.
Thanks guys!