I don't want to hijack other threads about valuation questions.

It seems there is no yard stick how to asses property values.

And banks, do they go by gut feeling too when they make a loan?

Perhaps moderators want to move this post to real estate.

Perhaps our friend DAVEROC from Bangkok Bank can shed some light on how the bank's procedures for real estate loans work. Coupled with some clear examples of foot traps would certainly help the understanding of how things work here.