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spidermike007

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Posts posted by spidermike007

  1. 5 hours ago, smutcakes said:

    Agree, there will always be demand for certain condos, think Park Chidlom, Millenium, Domus, Kallista Mansion, Somkid Gardens etc. I don't think Icon Siam is that great an example as I don't believe they have sold particularly well. Wrong side of the river, on a congested road having to take even more congested roads into and away from the city everyday. I think its also leasehold, which puts some people off.

     

    Also agree with your second paragraph, although i would never want to buy one of those anyway, on the outskirts of town especially as an investment, ok if you want to live there. My rule of thumb is only buy somewhere i would be happy to live in, as if everything goes tits up that might be your fall back.

    You may be right about Ikon. However, I never underestimate the effectiveness of marketing and the association with a highly prestigious brand. Alot of billionaires seem willing to throw $10 million at a seventh home in an exotic locale. 

     

    Having said that, Thailand has more black eyes at the moment, than Roberto Duran has at the end of his career. Anything may be a tough sell right now. 

  2. My wife, her family and ALL of her friends utterly despise Prayuth, the army, this administration and all that the protests stand for. Sorry. But, you are married to a dinosaur. May progressive minds prevail. Things are changing. And it is long long overdue. 

    • Like 2
  3. 13 hours ago, polpott said:

    His name was radioactive in the UK long before he became president. He built a golf course in Scotland and used every dirty trick in the book, including driving a 90 year old woman off her land with some really foul tactics. She had lived there all her life as had her family for generations. Several documentaries were made about it and a petition was raised to ban him from Scotland.

    Yep. That is who the man is. Many did not know it before. Now they do. No excuses this time around. 

     

    Biden will win, and decency shall prevail. 

  4. 7 hours ago, smutcakes said:

    You may be right in terms of prices going down but i think a 50% drop is unlikely. There are many deals around even now, but it all depends where you want to live.

     

    If you want to live in popular areas in nice condo block i believe the prices have hardly dropped at all, especially in Bangkok where upwards of 90% of the condos are Thai owned.

     

    If you moved to the Bangkok suburbs i am sure you could also get some big discounts, but then again its all demand and supply.

     

    And from everything I have been seeing and hearing, there is tremendous supply, and very limited demand. 

     

    However, there is always going to be demand for certain buildings, by sought after developers, in great locations. Ikon Siam is a good example. Managed by the Mandarin Oriental, a 52 story building on the river, adjacent to Bangkok's newest and most spectacular mall, the demand from gazillionaires worldwide, is likely high. Good marketing and a high degree of exclusivity, will attract the 150,000,000 baht, and up market. 

     

    However, the vast majority of the buildings being constructed consist of tiny condos, for under 3 million baht. I would consider one of those, at this time, to be a questionable investment. And time is on your side. The prices can only soften in this Covid economy, with the current issues Thailand is facing, combined with the economic devastation. 

  5. I am considering the latest Forza 350. Anyone have it yet? Not many around. It seems there were some minor improvements, but other than the power train, similar to the 2019 Forza 300. Any owners of either here, who can share their thoughts about the ride and especially the suspension? I hated the old model Forza. Terrible ride. Like a river barge. But, the new bike looks totally redesigned. Thanks. 

  6. 3 hours ago, BritManToo said:

    It's probably still safer than China, which is where a lot of the money appears to be coming from.

    Although the closed borders has temporarily stopped those suitcases of cash from arriving.

    And it is likely the recent moves of this desperate administration will only accelerate investment from China, and slow down investment from real democracies. This does not bode well for Thailand. I have alot of faith in the youth. I do believe they will eventually prevail. But, the recent events are not good.

     

    Though I am not a fear monger, if I were not heavily invested here, I would be formulating an exit plan, and departing for Spain within the next 30 days. 

    • Like 2
  7. Though there are hundreds of millions of peace loving, kind hearted, hard working Muslims all over the world, there are also alot of incredibly ignorant souls, who are likely not religious at all, and claim otherwise, to behave in an extreme manner, and promote their hatred of humanity. And there are alot of people who consider themselves religious, but other than daily prayers, they do nothing at all, to demonstrate the tenets of their faith. All extremism should not, and cannot be tolerated by society. All societies. Except the despot ones like Saudi. France is doing a decent job in fighting this. Unfortunately, they have a large population of nut job extremists to contend with. 

     

    As far as religious prohibitions go, they are fairly inane, most of them. Taking offense to such small perceived slights is not productive for anyone, and the level of thin skinned behavior is in itself intolerable. 

    • Haha 1
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