I had a friend who not too long ago purchased a condo in a gleaming new building in Bangkok. When it came time to close after the construction was complete he hired an engineer to do a thorough inspection. He found more than 30 major faults with the construction and the unit itself, and the developer was unwilling to address them as they likely would have been far too costly to fix. After a 2 year battle he finally got the developer to refund his deposit money, but it took a lot of time, effort and legal fees to get his money back. Any buyer should be aware of these kinds of issues, as a lot of the construction is very shoddy and a lot of the details are just not properly addressed. The exception to this might be the AAA buildings, but now we're talking about 15 to 150 million baht units, and that's truly the upper 1%. In addition to this the last decade or so has shown very poor appreciation if there has been any at all and many units have dropped in value. People just don't understand that the Prayuth Decimation is still affecting Thailand to this day. The economy here is very sluggish and most of the problems that are playing Thailand are just not being addressed. Buyer beware.
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