ThaiBob

10 hours ago, mran66 said:

Great to finally hear something directly from horse's mouth!

 

So if I understood correctly, the reason the side wings are empty is simply because of the old owner not wanting to sell them, rather just keep in his asset collection??

 

Does the owner cover the maintenance fee for all those empty units, or somehow managed to off that responsibility to the main wing units only?

The project owner faithfully pays his annual maintenance fees.  His management company does profit from managing a number of View Talay projects.  The owner apparently is not motivated to sell the wing units for whatever reason. As noted by other posters, they do present a challenge because of their unusual shape and size (115 & 257 sqm). The market is now geared for the Chinese (and Asians in general) that are used to smaller spaces.  It will take skilled marketing strategies to move these units, I'm afraid an insurmountable task for this project owner. On a positive note, the maintenance fee is only 10 baht/sqm per month, as compared to these new projects which are 40 and 50 baht/sqm.  

Let me add my two cents to the discussion from the perspective of a long-time Vt7 co-owner and former Committee member.  Many comments are on the mark, there are no legal issues as those were settled years ago. 

Many ground floor businesses closed shop due to covid and are just now beginning to show signs of life. I suspect a year from now things will have improved dramatically, including rentals and resale of existing units. Co-owners are befuddled by the lack marketing skills and/or interest of the project owner; not only unsold units in Vt7 but all the others projects (vt3, vt5, vt6, vt8). The project owner sells condos like he did last century when there was no competition; no advertising, no shared commissions with realtors, Thai sales staff with limited communication skills, no promotions, price increases, etc, etc.  Compare that to the glitzy new shoeboxes being built with first class amenities.  Vt7 has so much going for it and could be marketed successfully in the hands of the right people. The project owner is old and we are told younger family members are open to new ideas.  We will see. 

3 hours ago, TheFishman1 said:

In America the best time to buy a car is 1 to 3 days before the end of the month reason being is one if the dealership is just a few car models and they need to hit their bonus level from the manufacture they will really lower the price because the manufacturer gives very big bonuses And each car of that particular model and it could be thousands upon thousands of dollars the second reason to wait till near the end of the month is most very large dealerships finance threw banks their vehicles and they can sell it before the end of the month they will not have to pay interest on that loan  they call it flooring plan so the dealerships have a huge incentive to sell as many cars before the new month starts in Thailand I’m not sure how the dealerships work with the banks but I am sure the manufacturer gives them cash back if they sell certain models before the end of the month the manufacture put the money in the dealerships account to the parts department saying that TIT

As an American, that's not the way it works in Thailand. 

Let's all get Ukrainian flags and "welcome" our Russian "guests". 

Do they really think the booking websites (Agoda, Booking.com Hotels.com, etc.) would implement such a policy? Can you see international hoteliers (Sheraton, Hyatt, Holiday Inn, etc.) doing this. Time for a reality check. 

I understand Jomtien Hospital has opened today, ahead of schedule. Very convenient for me, saves a long drive to BHP. Location is on Sukumvit by Chic Republic behind the clinic. Part of BDMS group. They have a FB page but not sure about a website yet. 

Jomtien Immigration is a zoo right now, absolute chaos. The report I heard was a temporary suspension of the 65k during the covid-19 crisis (unless your country still does income affadavits). Reason the amount of paperwork required as opposed to the simple and clean 800k deposit method. To do the 65k method you have to jump through hoops, I know because I have done it. The day before you go to Immigration you deposit to your passbook and update. You get a letter from your bank that vouches you are the owner of the passbook. Then you must go to your original bank branch only and they will download the Credit Advice slips and then prepare the letter showing one year of foreign transfers. You must have letters from your private pension and /or government pension vouching the source of your funds. One hiccup in this process and you are screwed. I witnessed countless times people having issues and having to fix and return later. During this crisis I can understand why immigration might want to temporarily put on the brakes. Rather than speculation I would like to hear a few Jomtien Immigration recent success stories during this crisis (not two weeks ago), that way we can put this thread to bed. 

25 minutes ago, Max69xl said:

Immigration required the income/pension to be documented,stamped and signed by authorities/insurance companies and/or banks. Just like income letters from other embassies. Immigration didn't accept sworn testaments = fake testaments. Then the UK embassy said that they weren't "experts in verifying documents", which is bs. So they stopped issuing income letters. So, don't blame Immigration. 

Yes, it was bs. These four or five embassies let down their tax paying citizens primarily because of bureaucratic ineptitude. Other embassies continue to serve their citizens.