Hillside 4 - Worth Buying?

[KhunLing]

I am considering buying a condo and I like the Hillside 4 complex.

There seems to be TONNES of them available at the moment...as well as many that don't have current renters.

Also, every...and I mean every...Thai person I know has said that apartments in CM are a terrible investment / almost impossible to sell after using / lose value over time.

So...looking at the apartments, they all seem to want 1.2 - 1.5 million for a 45 sq m place.

Realistically, what's a fair price?

There's so many available that it's a buyers market etc.

I realise some people on here own these...so please leave out emotion in responses if possible.

It just seems to me that 1.2 to 1.5 mill is VERY unrealistic.

[Cyberstar]

Buying prices of 27 - 33 K per sqm is at the upper end for city dwellings. Can't speak of condos compared to each other, but buying prices for downtown 3 - 4 storey shophouses run like 8 - 15 K per sqm floor space (except the unique 1. row ones on Thapae, Loi Kroh, Chang Klan) ... including chanote for the 50 - 70 sqm land the building sits on.