Mike West Posted November 7, 2016 Share Posted November 7, 2016 So I assume like in any other place, for condo and property values to go up after the bullet-train (to be completed in 2020) connects Pattaya with the capital? Link to comment Share on other sites More sharing options...
KittenKong Posted November 7, 2016 Share Posted November 7, 2016 I've just bought 100 units off-plan with that in mind. And if the bullet train doesnt make it the monorail and the casinos surely will. That's what the real estate agent told me anyway. Link to comment Share on other sites More sharing options...
Rimmer Posted November 7, 2016 Share Posted November 7, 2016 Flame removed Link to comment Share on other sites More sharing options...
thaitero Posted November 7, 2016 Share Posted November 7, 2016 Where one can read about bullet-train which is going to be completed in 2020 ? Af far as i know there is not even decision made yet. Link to comment Share on other sites More sharing options...
KittenKong Posted November 7, 2016 Share Posted November 7, 2016 I also thought that it was just a possible project. They will have to move quite fast to lay new track (I suppose it would need new track) and get it all ready in 4 years. The principle of a fast train is good, I think, but if they use the existing route and station then it isnt very convenient for anyone who wants to get to downtown Pattaya. So that would probably mean Bahtbus overpricing as at the North Road bus station. Also they would need to consider parking areas near the train station for anyone living here who wants to go to Bangkok for a day or so. The cost of tickets will require some thought also. I can get to central Bangkok in about 2.5 hours for under 200B by walking from my condo and getting the airport bus at the Jomtien bus station. Link to comment Share on other sites More sharing options...
joepattaya1961 Posted November 8, 2016 Share Posted November 8, 2016 Bullit train.......not only from the station in Pattaya going downtown, but the hassle in Bangkok as well. Not to mention the high-speed tracks from Bangkok will start in the outskirts which means: BangNa/Samut Prakarn. If there isn't a stop at the airport it doesn't make much sense to have it at all. Link to comment Share on other sites More sharing options...
moonseeker Posted November 8, 2016 Share Posted November 8, 2016 There is probably very few scenarios where real-estate would not go up long-term, as long as the location is right. That does not mean only beachfront, only city-centre, there are plenty of regions out of town which are very costly. I started buying my first units about 15 years ago in very good center locations and well maintained buildings. They have gone from 550K to roughly 1.7++ Mio since then. Even during Asian-crisis prices kept up, never dropped and have since added much again. I wish I would have bought more and not sold during that run, as I often thought, that it just can't go higher. I am actively buying good deals and have yet to come across 50% off in those good locations & buildings. Talking to big industry guys, hotel developers etc.; they predict much higher prices in the long-run and similar developments as in BKK. First signs are big chains developing in "terrible" areas between 3rd. and/along Bouakao, Wongamat etc.. They don't just dump their cash without at least a partially good outlook. Just my personal thoughts, based on past experience and some bad decisions selling-wise. MS> Link to comment Share on other sites More sharing options...
JSixpack Posted November 8, 2016 Share Posted November 8, 2016 1 hour ago, moonseeker said: First signs are big chains developing in "terrible" areas between 3rd. and/along Bouakao, Wongamat etc.. They don't just dump their cash without at least a partially good outlook. Just my personal thoughts, based on past experience and some bad decisions selling-wise. What fools, as I noted here. After being so totally wrong with the Hilton, Holiday Inn, and CentralFestival! I mean, no guests/shoppers have ever been seen in any of those white elephants. Similarly with Harbor, of course. None of the condos has any lights on at night! Problem is, the Golden Eggs Layers have all left for the paradise of Cambodia, so there's no money here. No tourists, no beach, no infrastructure, pollution, rats, garbage overflowing, disgusting views, rampant crime, rudeness, haircuts with white sidewalls, runny eggs, dangerous soi dogs (tnx onemorechang) . . . . And New Zealand Ice Cream's gone too. Yep, all those tourists, residents, and growing traffic are actually holographic images projected from perpetually circling drones launched by The Authorities. Guess they fooled SCB, too; another 930 million baht down the drain: The Riviera Group Signs 920 Million Baht Construction Loan with SCB. So no, property prices can't possibly go up. We all know that property owners are all "desperate to sell" and merely "stuck" in Pattaya. :) Link to comment Share on other sites More sharing options...
toenail Posted November 8, 2016 Share Posted November 8, 2016 The fast speed train from the airport to Pattaya is only words (so far). Show me the plans/ blue prints. Heck, how long has it taken the government to finish those toll-booth or exit lanes along the highway? Link to comment Share on other sites More sharing options...
Minnehaha Posted November 8, 2016 Share Posted November 8, 2016 1 hour ago, joepattaya1961 said: Bullit train.......not only from the station in Pattaya going downtown, but the hassle in Bangkok as well. Not to mention the high-speed tracks from Bangkok will start in the outskirts which means: BangNa/Samut Prakarn. If there isn't a stop at the airport it doesn't make much sense to have it at all. I have no hope this will be realized or useful if it is ever built. 9 out of 10 projects wind up like expressways that are never finished, or if completed take 2 decades (think motorway 7) and always under some kind of construction, or worse like Airport Link which does actually go into the airport and is a miracle. However, if you thought you could ride it into downtown, forget about it. Try getting off at Asoke. Or Makkasan, which is up the street from Central World. There is no pick up or drop off at either. They built some kind of road in for cars like taxis to come in but it is now blocked. No entry. why. or come down to street and look around ... you are at a 5 way intersection with no pedestrian crossings, no clear way to go and no signage to orient you. Assume it will be a screw up . If I could bet on these things, I would be a millionaire. Link to comment Share on other sites More sharing options...
onemorechang Posted November 8, 2016 Share Posted November 8, 2016 13 minutes ago, JSixpack said: What fools, as I noted here. After being so totally wrong with the Hilton, Holiday Inn, and CentralFestival! I mean, no guests/shoppers have ever been seen in any of those white elephants. Similarly with Harbor, of course. None of the condos has any lights on at night! Problem is, the Golden Eggs Layers have all left for the paradise of Cambodia, so there's no money here. No tourists, no beach, no infrastructure, pollution, rats, garbage overflowing, disgusting views, rampant crime, rudeness, haircuts with white sidewalls, runny eggs, dangerous soi dogs (tnx onemorechang) . . . . And New Zealand Ice Cream's gone too. Yep, all those tourists, residents, and growing traffic are actually holographic images projected from perpetually circling drones launched by The Authorities. Guess they fooled SCB, too; another 930 million baht down the drain: The Riviera Group Signs 920 Million Baht Construction Loan with SCB. So no, property prices can't possibly go up. We all know that property owners are all "desperate to sell" and merely "stuck" in Pattaya. :) Why are you so angry all the time ? Link to comment Share on other sites More sharing options...
DLang Posted November 8, 2016 Share Posted November 8, 2016 Won't be a bullet train when the minivan drivers protest and block the tracks indefinitely while the army asks them politely not to. Link to comment Share on other sites More sharing options...
AlQaholic Posted November 8, 2016 Share Posted November 8, 2016 19 hours ago, KittenKong said: I've just bought 100 units off-plan with that in mind. And if the bullet train doesnt make it the monorail and the casinos surely will. That's what the real estate agent told me anyway. Yeah, I just bought 34 units, because apart from the bullet train, the new high speed ferry lines to Koh Samui, Koh Tao and Chumpoon will also contribute to the price increase in the market. And don't forget the new marina planned for Central Pattaya. Link to comment Share on other sites More sharing options...
Grubster Posted November 8, 2016 Share Posted November 8, 2016 15 hours ago, thaitero said: Where one can read about bullet-train which is going to be completed in 2020 ? Af far as i know there is not even decision made yet. And there will be no decision for many years. After the decision there will be hundreds of law suits by the losers of land in the way. Then they have to build it. Twenty years total at best. Link to comment Share on other sites More sharing options...
little mary sunshine Posted November 8, 2016 Share Posted November 8, 2016 Yes, bullet train to Patts....but not in your lifetime !! Link to comment Share on other sites More sharing options...
monkey4u Posted November 8, 2016 Share Posted November 8, 2016 20 hours ago, KittenKong said: I've just bought 100 units off-plan with that in mind. And if the bullet train doesnt make it the monorail and the casinos surely will. That's what the real estate agent told me anyway. You are very lucky I bought 2 bridges that cross the Chao Phraya river Link to comment Share on other sites More sharing options...
12DrinkMore Posted November 8, 2016 Share Posted November 8, 2016 1 hour ago, AlQaholic said: Yeah, I just bought 34 units, because apart from the bullet train, the new high speed ferry lines to Koh Samui, Koh Tao and Chumpoon will also contribute to the price increase in the market. And don't forget the new marina planned for Central Pattaya. The new 148 kms/hr catamaran link to Hua Hin has tilted the balance for me. This has to be a winner. My cheque book is at the ready, I'm off to Patters. What can possibly go wrong? Link to comment Share on other sites More sharing options...
ToddinChonburi Posted November 8, 2016 Share Posted November 8, 2016 Bangna Express way still not complete !!! Link to comment Share on other sites More sharing options...
JSixpack Posted November 8, 2016 Share Posted November 8, 2016 2 hours ago, onemorechang said: Why are you so angry all the time ? Havin' a laugh, man! Link to comment Share on other sites More sharing options...
Rimmer Posted November 8, 2016 Share Posted November 8, 2016 A post has been removed you will do well to read the Forum rules in particular this one: 11) You will not post slurs, degrading or overly negative comments directed towards Thailand, specific locations, Thai institutions such as the judicial or law enforcement system, Thai culture, Thai people or any other group on the basis of race, nationality, religion, gender or sexual orientation. Link to comment Share on other sites More sharing options...
david555 Posted November 8, 2016 Share Posted November 8, 2016 In Ban Chang they started sudden with crazy prices ,as they think the Chinese go make same from China to Pattaya .....passing Ban Chang .... But I heared an unofficial rumor that this plan does not go true as the Chinese claiming some rights to make businesses along the rail..... and we know how Thais are so connected to even a sqm Thai land under foreign control .... so seems canceled ! Link to comment Share on other sites More sharing options...
wpcoe Posted November 8, 2016 Share Posted November 8, 2016 3 hours ago, JSixpack said: What fools, as I noted here. After being so totally wrong with the Hilton, Holiday Inn, and CentralFestival! I mean, no guests/shoppers have ever been seen in any of those white elephants. Similarly with Harbor, of course. None of the condos has any lights on at night! Problem is, the Golden Eggs Layers have all left for the paradise of Cambodia, so there's no money here. No tourists, no beach, no infrastructure, pollution, rats, garbage overflowing, disgusting views, rampant crime, rudeness, haircuts with white sidewalls, runny eggs, dangerous soi dogs (tnx onemorechang) . . . . And New Zealand Ice Cream's gone too. Yep, all those tourists, residents, and growing traffic are actually holographic images projected from perpetually circling drones launched by The Authorities. Guess they fooled SCB, too; another 930 million baht down the drain: The Riviera Group Signs 920 Million Baht Construction Loan with SCB. So no, property prices can't possibly go up. We all know that property owners are all "desperate to sell" and merely "stuck" in Pattaya. :) 3 hours ago, onemorechang said: Why are you so angry all the time ? I didn't detect any anger. Quite the contrary: satirical humor. Sometimes, though, without icons it is difficult to recognize satire. Link to comment Share on other sites More sharing options...
JSixpack Posted November 8, 2016 Share Posted November 8, 2016 1 hour ago, wpcoe said: I didn't detect any anger. Quite the contrary: satirical humor. Sometimes, though, without icons it is difficult to recognize satire. Exactly. Logic is useless; reasonable perspective is useless; facts plain to see are useless. Only hope left of introducing rationality in many a thread is through satirical humor; and it's amusing to create it. Fortunately there's never any lack of opportunity. Some of it is even preemptive. I very much appreciate the work of our other satirists here, too. Naam is the master of brevity in the genre. :) It does tend to fly over posters' heads, however. Link to comment Share on other sites More sharing options...
fforest1 Posted November 8, 2016 Share Posted November 8, 2016 Sure condo prices will all go up after the current zillion unit massive oversupply has dried up.... Link to comment Share on other sites More sharing options...
mrfaroukh Posted November 8, 2016 Share Posted November 8, 2016 I don't understand why a bullet train or casino should increase the property price in Pattaya? If someone living in Bangkok and want to play in casino he can just take the bullet train, come to Pattaya, loose all his money and go back with the bus. He doesn't need to buy condo to play in casino. Link to comment Share on other sites More sharing options...
Sooo Upto Me Posted November 8, 2016 Share Posted November 8, 2016 On 07/11/2016 at 2:26 PM, KittenKong said: I've just bought 100 units off-plan with that in mind. And if the bullet train doesnt make it the monorail and the casinos surely will. That's what the real estate agent told me anyway. Dreaming again ? Link to comment Share on other sites More sharing options...
Sooo Upto Me Posted November 8, 2016 Share Posted November 8, 2016 17 hours ago, onemorechang said: Why are you so angry all the time ? He's Lonely ? Link to comment Share on other sites More sharing options...
seedy Posted November 9, 2016 Share Posted November 9, 2016 Bickering posts Removed. Those involved would be wise to stay on Topic, keep the Personal attacks off this Forum Link to comment Share on other sites More sharing options...
KittenKong Posted November 9, 2016 Share Posted November 9, 2016 19 hours ago, mrfaroukh said: I don't understand why a bullet train or casino should increase the property price in Pattaya? If someone living in Bangkok and want to play in casino he can just take the bullet train, come to Pattaya, loose all his money and go back with the bus. He doesn't need to buy condo to play in casino. It's not really about spending an hour or two in a casino. Easy and faster transport links to the airport/Bangkok should make Pattaya more desirable as a place for people to live in or holiday in, thus giving property prices an upward boost. A really efficient rail link could easily allow someone to work in central Bangkok and live in or near Pattaya. It certainly happens in places near fast transit links in Bangkok (look at condo prices near existing and planned BTS stations), and in other parts of the world. The only real question is how much of a lift it would be? Link to comment Share on other sites More sharing options...
Basil B Posted November 9, 2016 Share Posted November 9, 2016 On 07/11/2016 at 11:57 AM, thaitero said: Where one can read about bullet-train which is going to be completed in 2020 ? Af far as i know there is not even decision made yet. I am sure the Off Plan buyers will buy this one... Link to comment Share on other sites More sharing options...
.png.3b3332cc2256ad0edbc2fe9404feeef0.png)
Recommended Posts
Archived
This topic is now archived and is closed to further replies.