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Posted

I am not a big fan of these new condo developments with their tiny rooms. And like the rest of the world the price of property has outstripped inflation. So, I feel older condos have something to offer.

 

Criteria :

Must have been completed over 20 years ago. (i.e. before 2005 - you never know, this thread may run and run)

Must have the majority of rooms over 40 sq. m. 

 

I will start the ball rolling. 

 

Laem Chabang Tower, Laem Chabang, Chonburi

 

Please feel free to add to the list.

Posted

I'd recommend renting in the area for a few months first.  The nightmare stories of condos charging fees if some tenants are gone, shoddy construction, deteriorating over time, noisy neighbors, etc.......Rent, walk around at night, snoop on everyone, and then go with your gut.  I thought I would buy a condo in a big city when I could retire but after all these years that will probably not happen.  never say never....if it's "perfect," then you gotta buy.  

 

Local guide, years ago, said Laem Chabang Towers was only two stars.   Yea, read all the reviews.   3.9 on Google isn't high enough for me to even consider, since a lot of 5.0 are fake already.   

Posted

Young Place / Grand Le Jardin in Ratchayothin, Bangkok.

Rooms are generally 70sqm, but some are over 100sqm.

Walls and floors are quite thick, so minimal noise.

Building has an open interior that you will never see in a new building.

The building is reasonably well maintained and in good condition.

A pool is the only "facility", but it is nice and on the 7th floor outside.

350m from BTS station Ratchayothin.

Rents run from 12,000 to 20.000 per month.

  • Like 1
Posted

On a related note, what's the ratio of sale price vs monthly rate?  Is it better or worse for buying newer or older properties?

 

I've been looking (at the lower end) and finding that rent is generally so low compared to purchase price that I can't envision buying.

 

 

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