Real Estate in Bangkok going crazy..or Thai Visa properties are overpriced?

[theguyfromanotherforum]

Asoke the prices for new condo are now around 200k thb per square. Also in thonglor. You can see the adv. prices starts from 6 mln for 35 sqm. (richest, noble etch.)

100.000 per sqm is now rama 4 or onnut. But all prices are go up every year. Many People buy= prices go up. Simple.

I was staying at Conrad the other day and saw that monstrosity that was Noble.

I don't know what style of building this is (brutalist?), but it looks like something like Kim Jong Un would approve.

Simply, a commie block in the making.

[Peterw42]

Look what Hipflat has for View Talay 2 in Jomtien:

a.jpg

Wonder how much that typo skewed the charts?

BS Real estate. says it all.

Seriously, who came up with that name, lol

[trogers]

On 07/26/2016 at 8:40 AM, KittenKong said:

No suggestions? So presumably either they simply dont exist or everyone wants to keep the info to themselves.

I saw a couple of buildings near Asoke that had nice park views from high floors, but the prices were also in the stratosphere. Apart from those most of the so-called "nice views" I saw were in fact of other nearby buildings. This is quite common in places like Naklua too.

 

Those nice Park view units at Asoke are all facing the setting sun, like getting heat from a blast furnace.

[KittenKong]

1 hour ago, trogers said:

 

Those nice Park view units at Asoke are all facing the setting sun, like getting heat from a blast furnace.

 

I imagine so, and that's a serious disadvantage in many units in Pattaya/Wong Amat and Jomtien also. Though anyone prepared to pay those Asoke prices could probably also afford to leave his air-con on full.

 

I noticed one or two much smaller older buildings at the top end of the park which probably dont have that particular afternoon sun problem.

[mcfish]

 

I imagine so, and that's a serious disadvantage in many units in Pattaya/Wong Amat and Jomtien also. Though anyone prepared to pay those Asoke prices could probably also afford to leave his air-con on full.

 

I noticed one or two much smaller older buildings at the top end of the park which probably dont have that particular afternoon sun problem.

My condo in bangkok faces the rising sun but it's still to hot. I'm in jomtien for a few months and facing the setting sun but it's much cooler as you need to factor in the sea breeze. Not even any need for aircon here but in bangkok I'm 5k/month

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[MobileContent]

On 7/25/2016 at 5:38 AM, wprime said:

Yeah, BKK rates are about 50,000 - 150,000 per sqm.

100,000 can already get you a very nice property around Asok/Thong Lor/Ekkamai so 150,000 you're looking at new, fully furnished and in a good area.

 

... with a good chance of selling it quickly if needed. A friend of mine sold his condo within a week on Thonglor for 23 million Baht. As for ThaiVisa if you have a look most of the properties are never marked as sold and after a few months they are still listed.