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Many constructions are left half finished since Russians left . very sad.


swissmaninthailand

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15 hours ago, KittenKong said:

 

All people involved with real estate business here seem to lie constantly, regardless of their skin colour. Vendors, agents, developers: they are all the same. I dont think that I have ever met an honest one. It's just lies, lies and more lies.

A typical answer from agent after I pointed him a few condos sold already for much lower prices than he adverted them , they never update their listings (a few agents do ,from them I had the updates ..) price differences several hundreds thousands of baht ....they are just gambling with the owners money .....,like going to casino with credit card from another person ...

 

his answer :

" thanks for the update. won't take long for the market to pickup again. The future is rental guarantee investment properties, stable income without hassle of renting it out. "

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A typical answer from agent after I pointed him a few condos sold already for much lower prices than he adverted them , they never update their listings (a few agents do ,from them I had the updates ..) price differences several hundreds thousands of baht ....they are just gambling with the owners money .....,like going to casino with credit card from another person ...
 
his answer :
" thanks for the update. won't take long for the market to pickup again. The future is rental guarantee investment properties, stable income without hassle of renting it out. "

Let's home no one falls for that line.
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2 hours ago, david555 said:

A typical answer from agent after I pointed him a few condos sold already for much lower prices than he adverted them , they never update their listings (a few agents do ,from them I had the updates ..) price differences several hundreds thousands of baht ....they are just gambling with the owners money .....,like going to casino with credit card from another person ...

 

his answer :

" thanks for the update. won't take long for the market to pickup again. The future is rental guarantee investment properties, stable income without hassle of renting it out. "

 

mmmm....................I wonder if it's just sheer ignorance by these people or an uninhibited willingness to deceive

 

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  • 2 weeks later...
On 3/23/2017 at 10:32 PM, whatwasithinking said:

Well the story of why i got involved here is a long one which started way back late in 2011 when such a large organisation as tulip group was a shining star & were already involved in Centara avenue with show rooms on each site . One would never have expected this from a multi national group .

My end story is a bit different to others that are living here as to why i had already paid 100 % but others i have spoken with wanted to move in as the final completion date & transfer was meant to be no later then 4th quarter 2015 .

I was in fact emailed February 2016 stating my condo was complete , ready to inspect & move in with transfer but i found out June that year this was far from the truth . Anyway others here were told they had to pay final key money before they could move in .

 

Last July i was told a few months for the gym & transfers but 3 weeks ago was told same thing , We are all being treated like mushrooms with various people getting different answers . The latest answer is a delay with land titles office . One was told everybody in 1 of the 3 buildings  had their title & he believed that until he met me  as i owned in the building he was told had their titles .

 

Another answer is only the thai buyers have their title because they needed it to get the loan from the bank

One would never have expected this from a multi national group .

 

I love stories like this thread. Makes me happy to go around saying "I told you so", seeing as I'm in the never buy Thai property club.

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5 hours ago, SidJames said:

Wow, I'm tempted to buy a place these going by those pictures.

Look at the lush green tropical forestry surrounding it.

Where do I sign?

 

just on the money transfer document is sufficient for those ones...:tongue:

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8 hours ago, thaibeachlovers said:

One would never have expected this from a multi national group .

 

I love stories like this thread. Makes me happy to go around saying "I told you so", seeing as I'm in the never buy Thai property club.

 

Most will no doubt kindly refrain from pointing out the obvious fallacy of equating buying property with buying the mere promise of property. Enjoy some happiness, anyway.

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On ‎4‎/‎8‎/‎2017 at 9:42 AM, SidJames said:

Wow, I'm tempted to buy a place these going by those pictures.

Look at the lush green tropical forestry surrounding it.

Where do I sign?

 

If you are tempted already .....what about this computerized dream ....never saw Na jomtien Area like a Florida kind one...

 

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Thanks Dave5's.

Looks like I'm going to need a load more money plus with the inevitable gridlock that will happen when all these stunning condos are built & sold, I'll be able to nip down to Pattaya or Bang Saray on my jetski.

 

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16 hours ago, david555 said:

If you are tempted already .....what about this computerized dream ....never saw Na jomtien Area like a Florida kind one...

 

Wow this takes NaJomtien to another level :D 

Lived in Ocean Marina for quite a while and I wish the marina would look anything like that :D 

I wonder who of the 'studio and 1br owners' will own a yacht as well? 

Edited by JerryinTH
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Very simple, they make it impossible to get visas, I only know one country in the world where it's so damn hard to get a visa they made a website for it....like the one we are on now!

 

If Thailand issued visas and encouraged foreign investment it would work.

 

They did it in the early 2000's paid back the IMF debt in 2 years, booming days, then they started to shut things  down, make it near impossible to live here.

 

And to this day, EVERY year the make it harder and harder, they are digging their own grave.

 

 

 

 

 

 

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On 4/11/2017 at 2:14 PM, Satearn said:

Very simple, they make it impossible to get visas, I only know one country in the world where it's so damn hard to get a visa they made a website for it....like the one we are on now!

 

If Thailand issued visas and encouraged foreign investment it would work.

 

They did it in the early 2000's paid back the IMF debt in 2 years, booming days, then they started to shut things  down, make it near impossible to live here.

 

And to this day, EVERY year the make it harder and harder, they are digging their own grave.

 

 

 

 

 

 

I know a country that issued visas and encouraged foreign investment,  but it only worked for the rich people. Ordinary folk can't find anywhere to live at an affordable price and are sleeping in cars.

If Thailand looks after it's own first, that's OK with me.

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41 minutes ago, thaibeachlovers said:

I know a country that issued visas and encouraged foreign investment,  but it only worked for the rich people. Ordinary folk can't find anywhere to live at an affordable price and are sleeping in cars.

If Thailand looks after it's own first, that's OK with me.

Vancouver, Canada

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On 4/11/2017 at 9:14 AM, Satearn said:

Very simple, they make it impossible to get visas, I only know one country in the world where it's so damn hard to get a visa they made a website for it....like the one we are on now!

 

If Thailand issued visas and encouraged foreign investment it would work.

 

They did it in the early 2000's paid back the IMF debt in 2 years, booming days, then they started to shut things  down, make it near impossible to live here.

 

And to this day, EVERY year the make it harder and harder, they are digging their own grave.

 

 

 

 

 

 

What's so hard about it?  If someone cannot meet the minimum requirements for a Visa then what funds will they have to invest?

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On 2/26/2017 at 5:20 PM, silverbird said:

I was there last week (Golden Tulip), indeed the construction has stopped.

From the information I got, it seems that the construction company stopped working on this project and the developper is looking for a new construction firm.

Getting nervous, since I bought a unit there....hope it will resume soon.

My gut feeling is that they will not finish before 2019.

hate to break it to you but Tulip Group is going through some very tough times..They were involved in The Waterfront construction(now stopped for 30 months/case in court now for "rehabilitation" a notch below or before a bankruptcy IMO) but they got "booted out" by investors for allegedly "mishandling" the construction.That alone created(IMO) cash-flow problems for Tulip which affected their other projects in a domino-effect in and around Pattaya such as Centara residences in Jomtien bch(in court now for full-blown Bankcruptcy) and possibly the reason why your project is slow/stopped/or will never be finished for the reasons above.

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On 3/2/2017 at 8:38 PM, scubascuba3 said:


I see someone is trying to sell their Golden Tulip condo on bahtsold. The advert is as if the project is going as planned and will be finished in 2017. Some sucker might fall for it who isn't on the ground

i still see for sale ads on  Waterfront condo Lmao

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I don't know if it is a Russian issue, but I drove around the city for about 4 hours a few days ago.  Seems there are several half finished or half empty buildings.  I counted at least 12 but I imagine there are many many more. No real estate market is going to have much if any appreciation in that environment.  

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37 minutes ago, tomwct said:

In Thailand, do not buy anything you can't see or feel! 

 

Meaning off plan? Yes, unless you're pretty well off, know what you're doing, and won't sweat the loss if it turns sour. But you may be looking for the shrewd, street-smart TVF Poster Three Primal Laws Of Survival In Thailand:

 

1. Never invest in anything you aren't ready to lose;

2. Never own more than you can carry with you;

3. Keep your suitcase packed at all times.

 

Yeah, I codified those a few years ago. Anybody suggesting "buying" can expect to be attacked not by owners, who are mostly happy enough, but by our vast Fools Buy Real Estate brigade of mere renters, most of whom can't afford to buy anything anyway or manage a long-term visa.

 

Quoting one or more of the Laws gives one ten (+10) points of valuable TVF posting cred from the peanut gallery.

 

Edited by JSixpack
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48 minutes ago, JSixpack said:

 

Meaning off plan? Yes, unless you're pretty well off, know what you're doing, and won't sweat the loss if it turns sour.

(In Thailand, do not buy anything you can't see or feel! )

I think he's talking about using an escort service, not buying real estate. 

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22 minutes ago, BruceMangosteen said:

(In Thailand, do not buy anything you can't see or feel! )

I think he's talking about using an escort service, not buying real estate. 

 

I surmised he's attempting to make an analogy.

Edited by JSixpack
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11 hours ago, scubascuba3 said:

The latest I've heard is the Golden Tulip wasn't the same multi national hotel chain, it just had a similar name.

 

Also Golden Tulip has been sold to Nova group and sales office etc has been changed.

 

 

http://www.coastalrealestatepattaya.com/en-gb/developments/grand-avenue-residence/DC000622

 

Its really hard to know the truth when agents can make claims & not even state the project until a couple of weeks ago was Golden Tulip . If you read the claims on the website alone you would feel very secure about it

true or not.PNG

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