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[georgegeorgia]

I am tempted to buy a Condo at least 1 bedroom for my future 

 

I was surprised today to see a News article and please whilst we talk about News as such whatever happened to the News Cafe in Jomtien but please don't go off topic .

I saw today the Pattaya Mail about affected Thai owners in a big condo complaining of farang owners who have taken over the Strata committee and put the Fees UP 

 

"The condominium, which consists of 1,948 units across seven buildings, previously had a board comprised of nine members—five Thai and four foreign.

However, all five Thai members have resigned, leaving the management solely in the hands of the foreign members, who have now proposed the fee increases without community consultation."

 

Now I don't know the full story 

It's possible the Condo fees needed to go up 

 

But what I'm saying is the Condo fees need to be paid and I'm staying away from poorly maintained buildings eg Flybird 

 

How much are your Condo fees ?

 

 

 

[scubascuba3]

Increase in common fees needs an AGM vote, minimum % required. Condos with low common fees end up looking run down. Even VT6 has run down lifts, should have replaced them by now.

 

mine is 35 baht per M² a month, they are looking to increase further

[SAFETY FIRST]

I bought PKCP off the plan from developer looong time ago.

The fees 20 baht m², too low, the Juristic had no money to spend on maintenance and upkeep.

 

AGM we would try to increase fees but The developer (Ratanikorn) held a third of the building (unsold units) it took years to approved increase. 

 

We had to continually dip into the sinking fund for maintenance etc. 

 

Sometimes the annual m² fees need to be increased.

The Thai's aren't interested in increasing fees, most Thai's purchase for investment only, they don't care about maintaining the building.

 

My condo was purchased for investment (rental) but I still wanted the building maintained and kept in good condition. 

 

 

Edited 1 hour ago by SAFETY FIRST