steelepulse Posted May 11, 2014 Share Posted May 11, 2014 It might help you to post pics of the completed units of your prior work, so we get an idea of finishings, land size, quality of construction etc. Link to comment Share on other sites More sharing options...
Phuket9 Posted May 11, 2014 Author Share Posted May 11, 2014 It might help you to post pics of the completed units of your prior work, so we get an idea of finishings, land size, quality of construction etc. Sure, I know most forum members do not like to leave it visiting other websites, like ours http://phuket9.com I attached some from Rawai Private Villas project, it is 500m away from new development, we use it as show-project as well, but it was sold out. some Andrey Kozhushnyy CEO at Phuket9 Co., Ltd., 085-575-3300 Link to comment Share on other sites More sharing options...
nedkellylives Posted May 11, 2014 Share Posted May 11, 2014 Just went to have a look, Road in is not wide enough for 2 vehicles to pass each other unless one pulls over to let the other one pass One partly built house looks very small, must be the one bedroom type for 7M baht Management fee of 33600 baht a year, what for, when i lived in Kathu i paid 180 baht for 6 monthe rubbish removall, 2 pickups a week from the house Be interesting to know the size of land plots and pools are Link to comment Share on other sites More sharing options...
KarenBravo Posted May 11, 2014 Share Posted May 11, 2014 @Phuket9 There is nobody on this sub-forum (so far) that is actually thinking about buying one of your units. 1 Link to comment Share on other sites More sharing options...
falkan Posted May 11, 2014 Share Posted May 11, 2014 Just went to have a look, Road in is not wide enough for 2 vehicles to pass each other unless one pulls over to let the other one pass One partly built house looks very small, must be the one bedroom type for 7M baht Management fee of 33600 baht a year, what for, when i lived in Kathu i paid 180 baht for 6 monthe rubbish removall, 2 pickups a week from the house Be interesting to know the size of land plots and pools are Compare your slum area to a gated community is not fair hahahahah actually Land and House maintenance fee is similar to this if not higher was a couple years ago i lived there.. Link to comment Share on other sites More sharing options...
Phuket9 Posted May 11, 2014 Author Share Posted May 11, 2014 @Phuket9 There is nobody on this sub-forum (so far) that is actually thinking about buying one of your units. Even if you asked everyone personally, new people always come. And sale is not only one reason. We need outside look, questions, conversations, suggestions and criticism. We use this feedback for better planning, changing concepts, getting our company better. Thank you for your attention, I appreciate every comment and experience shared in this topic. Andrey Kozhushnyy CEO at Phuket9 Co., Ltd., 085-575-3300 [email protected] 1 Link to comment Share on other sites More sharing options...
Phuket9 Posted May 11, 2014 Author Share Posted May 11, 2014 Just went to have a look, Road in is not wide enough for 2 vehicles to pass each other unless one pulls over to let the other one pass One partly built house looks very small, must be the one bedroom type for 7M baht Management fee of 33600 baht a year, what for, when i lived in Kathu i paid 180 baht for 6 monthe rubbish removall, 2 pickups a week from the house Be interesting to know the size of land plots and pools are The new project road 8m width. The old one is 5m just because we had no more land there. Management fee - probably the lowest of you compare us to others. Andrey Kozhushnyy CEO at Phuket9 Co., Ltd., 085-575-3300 [email protected] Link to comment Share on other sites More sharing options...
Phuket9 Posted May 11, 2014 Author Share Posted May 11, 2014 (edited) Just make a small calculation 2800 per month * 13 units = 36,400thb per month. And we care about road and garden, we have 24/7 guard and cctv system, garbage for 13 houses - do you think there are couple of packs? These money are not going to our pocket, those are just salaries. Finally we speak about property that can bring you at least 35k/mo low season. And with our rental guarantee you don't need to worry these payments at all. Andrey Kozhushnyy CEO at Phuket9 Co., Ltd., 085-575-3300 [email protected] Edited May 11, 2014 by Phuket9 Link to comment Share on other sites More sharing options...
nedkellylives Posted May 11, 2014 Share Posted May 11, 2014 Just went to have a look, Road in is not wide enough for 2 vehicles to pass each other unless one pulls over to let the other one pass One partly built house looks very small, must be the one bedroom type for 7M baht Management fee of 33600 baht a year, what for, when i lived in Kathu i paid 180 baht for 6 monthe rubbish removall, 2 pickups a week from the house Be interesting to know the size of land plots and pools are Compare your slum area to a gated community is not fair hahahahah actually Land and House maintenance fee is similar to this if not higher was a couple years ago i lived there.. Slum area, get a life, i live and own a house in village namjai rawai, the building in the village started about 7 years ago and the building quality is good and the property's are looked after by the owners, What will your houses be like in 7 years time 5 houses being built next door 2 bedroom, living area, western kitchens swimming pool with spa approx 400sqm land Been on the market for over 2.5 years, originally asking 7.9m furnished, last time i checked asking 6.4m and on a decent width road and they will have their own wells when completed Link to comment Share on other sites More sharing options...
steelepulse Posted May 11, 2014 Share Posted May 11, 2014 >> 5 houses being built next door 2 bedroom, living area, western kitchens swimming pool with spa approx 400sqm land Been on the market for over 2.5 years, originally asking 7.9m furnished, last time i checked asking 6.4m and on a decent width road and they will have their own wells when completed Way overpriced for that tiny spit of land and small house. I'd say 5.1 is a more fair estimate of a non sea view, small plot, tiny house. 1 Link to comment Share on other sites More sharing options...
nedkellylives Posted May 12, 2014 Share Posted May 12, 2014 >> 5 houses being built next door 2 bedroom, living area, western kitchens swimming pool with spa approx 400sqm land Been on the market for over 2.5 years, originally asking 7.9m furnished, last time i checked asking 6.4m and on a decent width road and they will have their own wells when completed Way overpriced for that tiny spit of land and small house. I'd say 5.1 is a more fair estimate of a non sea view, small plot, tiny house. I agree, dropped to 6.1 at one stage and still could not sell any They are bigger than the one bedroom ones the OP is offering at 7M Link to comment Share on other sites More sharing options...
Phuket9 Posted May 12, 2014 Author Share Posted May 12, 2014 >> 5 houses being built next door 2 bedroom, living area, western kitchens swimming pool with spa approx 400sqm land Been on the market for over 2.5 years, originally asking 7.9m furnished, last time i checked asking 6.4m and on a decent width road and they will have their own wells when completed Way overpriced for that tiny spit of land and small house. I'd say 5.1 is a more fair estimate of a non sea view, small plot, tiny house. I agree, dropped to 6.1 at one stage and still could not sell any They are bigger than the one bedroom ones the OP is offering at 7M Please post your links/photos, lets make fair comparison. Andrey Kozhushnyy CEO at Phuket9 Co., Ltd., 085-575-3300 Link to comment Share on other sites More sharing options...
nedkellylives Posted May 12, 2014 Share Posted May 12, 2014 >> 5 houses being built next door 2 bedroom, living area, western kitchens swimming pool with spa approx 400sqm land Been on the market for over 2.5 years, originally asking 7.9m furnished, last time i checked asking 6.4m and on a decent width road and they will have their own wells when completed Way overpriced for that tiny spit of land and small house. I'd say 5.1 is a more fair estimate of a non sea view, small plot, tiny house. I agree, dropped to 6.1 at one stage and still could not sell anyThey are bigger than the one bedroom ones the OP is offering at 7M Please post your links/photos, lets make fair comparison. Andrey Kozhushnyy CEO at Phuket9 Co., Ltd., 085-575-3300 Take a look yourself end of Soi Namjai LHS 5 in a row you cannot miss them You are the salesman not me do your own comparison I am a prospective buyer, no way would i buy one at the current asking price Around 5m more or less is what the houses are worth as SP said Even at that price i would have a structual engineer inspect at my cost if interested in purchasing Link to comment Share on other sites More sharing options...
KarenBravo Posted May 12, 2014 Share Posted May 12, 2014 The Phuket9 project is a lot closer to the beach than Soi Namjai. A better area with more expensive land that reflects that. You can't really compare the two. Link to comment Share on other sites More sharing options...
Phuket9 Posted May 12, 2014 Author Share Posted May 12, 2014 We do construction services as well, probably we can schedule one house development within next year. Usually we use formula to calculate the cost of construction - 20,000thb average for square meter of build area. Turn key house - no furniture only, but finished, windows-doors, good quality tiles and painting, ceiling, lights, sanitary ware and aircon system. With this number we can discuss budget. 150sq.m*20,000thb=3,000,000thb Pool is 25,000thb for sq.m The rest is land. If your budget is 5-6m thats fine, just make calculations. When design-project is offered we can always adjust materials and construction to lower or higher budget. Finally it can be down to 15,000thb for sq.m but we do not do lower than 20k as we care about quality. As for our product - it includes not only house and pool. We are gated community with perspective growth and rental services. Those services are wanted in the rental market, so we provide them. It is much easier to rent property inside of the project, even if you do not go into our program you property advertised as a part of community. I know there are millions of views and opinions and everyone is different. Our project is just competitive in its niche. We did lots of compares before launch and we have advantages in our niche, otherwise we would not start our investment here. Andrey Kozhushnyy CEO at Phuket9 Co., Ltd., 085-575-3300 Link to comment Share on other sites More sharing options...
nedkellylives Posted May 12, 2014 Share Posted May 12, 2014 (edited) The Phuket9 project is a lot closer to the beach than Soi Namjai. A better area with more expensive land that reflects that. You can't really compare the two. Its closer to the beach but not on the beach, far enough away that most people would use some form of transport to get to the beach front The beach is not a swimming beach but you have a nice view from some of the restaurants there Restaurants are everywhere without the view No reason for the land to be more expensive, both areas are surrounded by buildings and land with no veiws 5 minutes to the beach from one area 2 minutes for the other Easy access to the main road all of the time from soi namjai, not so easy from the other Both are better than the back blocks of Chalong I do not agree with you that the land is worth more, i would buy one or more investment properties tommorow if i could get a minimum of 5% capital gains and 5% rental return yearly in the rawai/chalong areas so my wife could look after them if i am not able to, much better return than money sitting in a bank Not interested in paying anyone to maintain the property or rent it out, easy and better to do yourself if you live here The only value for money not necessarily cheap properties that come on the market are being sold by farangs that leave thailand for financial, medical and other reasons Most people have highly inflated values as far as their own property is worth, sell one and buy two simular properties for what they get for the one,Best of luck to them, thats why properties have ben for sale for 5 years and longer here with no potential buyers Edited May 12, 2014 by nedkellylives Link to comment Share on other sites More sharing options...
KarenBravo Posted May 12, 2014 Share Posted May 12, 2014 (edited) What YOU would, or wouldn't buy doesn't enter into it, neither does whether you can swim at the beach, or not. It is a lot closer to the sea than where you are and I can guarantee that land prices are higher there than at Soi Nam jai. It's all about the land-price. Edited May 12, 2014 by KarenBravo Link to comment Share on other sites More sharing options...
Phuket9 Posted May 12, 2014 Author Share Posted May 12, 2014 (edited) The Phuket9 project is a lot closer to the beach than Soi Namjai. A better area with more expensive land that reflects that. You can't really compare the two. Its closer to the beach but not on the beach, far enough away that most people would use some form of transport to get to the beach front The beach is not a swimming beach but you have a nice view from some of the restaurants there Restaurants are everywhere without the view No reason for the land to be more expensive, both areas are surrounded by buildings and land with no veiws 5 minutes to the beach from one area 2 minutes for the other Easy access to the main road all of the time from soi namjai, not so easy from the other Both are better than the back blocks of Chalong I do not agree with you that the land is worth more, i would buy one or more investment properties tommorow if i could get a minimum of 5% capital gains and 5% rental return yearly in the rawai/chalong areas so my wife could look after them if i am not able to, much better return than money sitting in a bank Not interested in paying anyone to maintain the property or rent it out, easy and better to do yourself if you live here The only value for money not necessarily cheap properties that come on the market are being sold by farangs that leave thailand for financial, medical and other reasons Most people have highly inflated values as far as their own property is worth, sell one and buy two simular properties for what they get for the one,Best of luck to them, thats why properties have ben for sale for 5 years and longer here with no potential buyers Well, its only 200 meters from Rawai beach, just walk. You don't need to use transport if you don't want to. You may go out with kid and just walk along the beach, that's better than walk by the side of the some soi with houses around you, cars and motorbike traffic and no view. We all know how about streets in Phuket (6meters is a standard width), Rawai beach at least have space for walking with breeze, this is not perfect, but much better then any other street there. Last year our team spent for haunting the land and looking for the good prices, we got best location for holiday villa development in Rawai area, I am sure about it. And we also bought land for our last project Rawai Private Villas 4 years ago later we were trying to buy more land there again but the price went up at least 50%. So we moved to other location. We also built that concrete public road leading to our project so we were another reason for higher prices around, we knew it. 5% gain? I know it will be more than 10% within 2 years as we will generate it ourselves too, we develop the land, we make it better and more attractive, there are also other nice projects around, new seafront condominium development, more private villas - everything is growing. All those thai houses around VIP project are temporary, they rent this land and the land is for sale, even now it is higher asking price than we got it 6 months ago. Last season we sold 10 villas, 8 in Rawai, 2 in Chalong. Only us. And there are still more projects around that were sold out and started 2nd and 3rd Phases... I can count 3-5 similar project that are in the same price range but not as good location as ours. So who jumps in now will get more, but we made our decision, we got 10 rai, we'll develop here for the next 2-3 years .. so this thread continues. Edited May 12, 2014 by Phuket9 Link to comment Share on other sites More sharing options...
nedkellylives Posted May 12, 2014 Share Posted May 12, 2014 What YOU would, or wouldn't buy doesn't enter into it, neither does whether you can swim at the beach, or not. It is a lot closer to the sea than where you are and I can guarantee that land prices are higher there than at Soi Nam jai. It's all about the land-price. We have different opinions about what makes land more valuable What do you think your rai of land in Chalong is worth and why??? Link to comment Share on other sites More sharing options...
nedkellylives Posted May 12, 2014 Share Posted May 12, 2014 The Phuket9 project is a lot closer to the beach than Soi Namjai. A better area with more expensive land that reflects that. You can't really compare the two. Its closer to the beach but not on the beach, far enough away that most people would use some form of transport to get to the beach front The beach is not a swimming beach but you have a nice view from some of the restaurants there Restaurants are everywhere without the view No reason for the land to be more expensive, both areas are surrounded by buildings and land with no veiws 5 minutes to the beach from one area 2 minutes for the other Easy access to the main road all of the time from soi namjai, not so easy from the other Both are better than the back blocks of Chalong I do not agree with you that the land is worth more, i would buy one or more investment properties tommorow if i could get a minimum of 5% capital gains and 5% rental return yearly in the rawai/chalong areas so my wife could look after them if i am not able to, much better return than money sitting in a bank Not interested in paying anyone to maintain the property or rent it out, easy and better to do yourself if you live here The only value for money not necessarily cheap properties that come on the market are being sold by farangs that leave thailand for financial, medical and other reasons Most people have highly inflated values as far as their own property is worth, sell one and buy two simular properties for what they get for the one,Best of luck to them, thats why properties have ben for sale for 5 years and longer here with no potential buyers Well, its only 200 meters from Rawai beach, just walk. You don't need to use transport if you don't want to. You may go out with kid and just walk along the beach, that's better than walk by the side of the some soi with houses around you, cars and motorbike traffic and no view. We all know how about streets in Phuket (6meters is a standard width), Rawai beach at least have space for walking with breeze, this is not perfect, but much better then any other street there. Last year our team spent for haunting the land and looking for the good prices, we got best location for holiday villa development in Rawai area, I am sure about it. And we also bought land for our last project Rawai Private Villas 4 years ago later we were trying to buy more land there again but the price went up at least 50%. So we moved to other location. We also built that concrete public road leading to our project so we were another reason for higher prices around, we knew it. 5% gain? I know it will be more than 10% within 2 years as we will generate it ourselves too, we develop the land, we make it better and more attractive, there are also other nice projects around, new seafront condominium development, more private villas - everything is growing. All those thai houses around VIP project are temporary, they rent this land and the land is for sale, even now it is higher asking price than we got it 6 months ago. Last season we sold 10 villas, 8 in Rawai, 2 in Chalong. Only us. And there are still more projects around that were sold out and started 2nd and 3rd Phases... I can count 3-5 similar project that are in the same price range but not as good location as ours. So who jumps in now will get more, but we made our decision, we got 10 rai, we'll develop here for the next 2-3 years .. so this thread continues. Typical salesman talk, not nessecarily true,hear it all the time at condo and house projects You have managed to convince yourself, not me or my wife Neither of us think your project is value for money, you think it is no problem i hope for your sake you are right Thier are a few Russian buyers around you should be able to convince Link to comment Share on other sites More sharing options...
steelepulse Posted May 12, 2014 Share Posted May 12, 2014 Speaking of Russian buyers, someone I know was having a house built in Rawai in "little Moscow" for those that know the place. He put down 40% up front, house was supposed to be finished by Dec 31st, and yet today there is still no roof. Link to comment Share on other sites More sharing options...
Phuket9 Posted May 12, 2014 Author Share Posted May 12, 2014 Speaking of Russians, they don't by from me, I am Ukrainian Andrey Kozhushnyy CEO at Phuket9 Co., Ltd., 085-575-3300 2 Link to comment Share on other sites More sharing options...
KarenBravo Posted May 12, 2014 Share Posted May 12, 2014 What YOU would, or wouldn't buy doesn't enter into it, neither does whether you can swim at the beach, or not. It is a lot closer to the sea than where you are and I can guarantee that land prices are higher there than at Soi Nam jai. It's all about the land-price. We have different opinions about what makes land more valuable What do you think your rai of land in Chalong is worth and why??? Actually, its over 1.5 rai (2553 sq.mtrs). Last land sold in the Soi was 4 to 5 years ago at 5.5 million per rai. Only one other piece is available and the asking price is 8.5 million per rai with no takers. Therefore, I assume a price between the two. As I have no intention of ever selling, the price means nothing to me. Link to comment Share on other sites More sharing options...
nedkellylives Posted May 12, 2014 Share Posted May 12, 2014 What YOU would, or wouldn't buy doesn't enter into it, neither does whether you can swim at the beach, or not. It is a lot closer to the sea than where you are and I can guarantee that land prices are higher there than at Soi Nam jai. It's all about the land-price. We have different opinions about what makes land more valuable What do you think your rai of land in Chalong is worth and why??? Actually, its over 1.5 rai (2553 sq.mtrs). Last land sold in the Soi was 4 to 5 years ago at 5.5 million per rai. Only one other piece is available and the asking price is 8.5 million per rai with no takers. Therefore, I assume a price between the two. As I have no intention of ever selling, the price means nothing to me. Two by two rai blocks and one larger block fronting on the main road to big buddha were put on the market and sold recently for 3M baht a rai Which do you think is more valuable, vacant land where you can build the house or houses you want, or land with a house on it which may or maynot suite you and to build the house you really want you have to demolish the current building ??? about 6 years ago land prices were still increasing with the boom they had here, that is no longer true Price means nothing to you interesting, the only person you are fooling is yourself Would you accept what you paid for the land in 1999 ??? Link to comment Share on other sites More sharing options...
Popular Post KarenBravo Posted May 12, 2014 Popular Post Share Posted May 12, 2014 (edited) Is comprehension a problem for you? Sell it for what I paid? I wouldn't sell it for 10 million baht a rai. It's my home, it's a beautiful piece of land, a house I designed myself and I love living there. Phuket is my home. I plan to live in this house until I die. Therefore, I have no interest in how much the land and house is worth. Nothing to do with "fooling myself", it's called logic. Edited May 12, 2014 by KarenBravo 3 Link to comment Share on other sites More sharing options...
nedkellylives Posted May 12, 2014 Share Posted May 12, 2014 Is comprehension a problem for you? Sell it for what I paid? I wouldn't sell it for 10 million baht a rai. It's my home, it's a beautiful piece of land, a house I designed myself and I love living there. Phuket is my home. I plan to live in this house until I die. Therefore, I have no interest in how much the land and house is worth. Nothing to do with "fooling myself", it's called logic. No problem, you have no idea how to value land properly in my opinion and think land closer to Rawai beach about 200 mtr with no veiws and a narrow entrance road, is worth a lot more than simular land about 500 mtr from rawai beach with all intrastructure in place Govt water, power,cable, internet etc and also has proper drainage which most areas do not have By the way my son just completed a subdivision of residential land n Australia for me in 2013 and the blocks i wanted to sell were all sold in under two weeks at asking price, the ones i have left i could sell tommorow if i wanted to, i have buyers waiting and want first preference if and when i decide to sell them,and i do not have your knowledge about real estate and how to work out values Link to comment Share on other sites More sharing options...
stevenl Posted May 12, 2014 Share Posted May 12, 2014 @ NKL: nobody is valuing anything here except you. So stop banging on about something only you're interested in, because you have done the same in Australia (BTW, we're on Phuket now). Link to comment Share on other sites More sharing options...
KarenBravo Posted May 12, 2014 Share Posted May 12, 2014 By the way my son just completed a subdivision of residential land n Australia for me in 2013 and the blocks i wanted to sell were all sold in under two weeks at asking price, the ones i have left i could sell tommorow if i wanted to, i have buyers waiting and want first preference if and when i decide to sell them,and i do not have your knowledge about real estate and how to work out values Well, bully for you Go check yourself. The land is more expensive where the Phuket9 development is than Soi Namjai. This is because it is closer to the sea, bars and restaurants. It's a very easy concept to grasp. What you personally think has no bearing on reality. 1 Link to comment Share on other sites More sharing options...
nedkellylives Posted May 12, 2014 Share Posted May 12, 2014 By the way my son just completed a subdivision of residential land n Australia for me in 2013 and the blocks i wanted to sell were all sold in under two weeks at asking price, the ones i have left i could sell tommorow if i wanted to, i have buyers waiting and want first preference if and when i decide to sell them,and i do not have your knowledge about real estate and how to work out values Well, bully for you Go check yourself. The land is more expensive where the Phuket9 development is than Soi Namjai. This is because it is closer to the sea, bars and restaurants. It's a very easy concept to grasp. What you personally think has no bearing on reality. Closer to the sea which you cannot swim in and cannot see Bars and restaurants everywhere in rawai, we are as close to bars and restaurants as the OP's estate is with all infrastucture in place and it only takes us a couple of minutes to drive to Rawai beach which is nothing special Its you and now your mate SL who cannot grasp how real estate is valued, and you personally have no idea, not me SL is like you, likesto stick his nose in where angels fear to tread and does not have ac kue, just thinks he does Real estate values are established the same way everywhere in the world Link to comment Share on other sites More sharing options...
NamKangMan Posted May 12, 2014 Share Posted May 12, 2014 Speaking of Russians, they don't by from me, I am Ukrainian Andrey Kozhushnyy CEO at Phuket9 Co., Ltd., 085-575-3300 "I am Ukrainian" - maybe now, but for how much longer? Link to comment Share on other sites More sharing options...
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