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Household Planning to buy a property in Bangkok

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TSMonkeybone128
post Jan 22 2015, 11:05 AM, updated 11y ago

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Have anyone bought property in Bangkok before? What do you guys think about it? Planning of getting one! hmm.gif

This post has been edited by Monkeybone128: Jan 22 2015, 11:09 AM
pml_318
post Jan 22 2015, 11:16 AM

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household? for mistress?
TSMonkeybone128
post Jan 22 2015, 12:10 PM

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QUOTE(pml_318 @ Jan 22 2015, 11:16 AM)
household? for mistress?
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Haha... Mistress! I wish... but no, it is is for household + investment. Please share?

This post has been edited by Monkeybone128: Jan 22 2015, 12:22 PM
AlexandriaTan
post Jan 22 2015, 03:06 PM

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Bangkok! Tourism is good. Food is excellent. Service is top. You are made to feel like a queen/king!

There are a few on-going projects which I'm aware of. Thai developer Sansiri launched four Thai residential properties in KL recently - The Base Park East and The Base Rama 9 in Bangkok, and The Base Uptown and Dcondo Creek in Phuket Island.

The Base Park East will be completed by the fourth quarter of 2015, while the other developments have been completed.

Check them out! wub.gif
puchongite
post Jan 22 2015, 03:08 PM

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Buy locally also kena cheated so buy so far away lagi wori.
noorazimradzi
post Jan 22 2015, 04:38 PM

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Bangkok - every year riot and disturbance due to political problems.
noorazimradzi
post Jan 22 2015, 04:39 PM

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Manila? Jakarta?
TSMonkeybone128
post Jan 22 2015, 05:38 PM

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Anyone bought a condo before??? icon_question.gif

This post has been edited by Monkeybone128: Jan 22 2015, 06:12 PM
nickykee
post Jan 22 2015, 05:39 PM

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Bkk good investment - can rent to tourist , hire maid clean room. Rent to farangs , ang moh.

But problem is how u goin to managed from here.
TSMonkeybone128
post Jan 22 2015, 06:09 PM

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QUOTE(noorazimradzi @ Jan 22 2015, 04:38 PM)
Bangkok - every year riot and disturbance due to political problems.
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So far I read Thailand is a well-developed infrastructure and a free-enterprise economy with a generally "Pro-Investment Policies", and not to forget great foods. tongue.gif

And Brother Noorazimradzi, macam lah Malaysia tak riot...

Seriously, I am thinking of getting a condominium in Bangkok...

Anyone bought any before...

knwong
post Jan 22 2015, 07:04 PM

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QUOTE(Monkeybone128 @ Jan 22 2015, 11:05 AM)
Have anyone bought property in Bangkok before? What do you guys think about it? Planning of getting one!  hmm.gif
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Here

http://forums.hardwarezone.com.sg/money-mi...ce-3957264.html

Great sharing by someone in another forum
xlancer
post Jan 22 2015, 08:42 PM

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I wish to have one in Chiang Mai
meng1977
post Feb 6 2015, 07:48 PM

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If i not mistaken, Thailand is one of the ASEAN country not allow foreigner to buy property under they name.
TSMonkeybone128
post Feb 13 2015, 10:57 AM

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QUOTE(meng1977 @ Feb 6 2015, 07:48 PM)
If i not mistaken, Thailand is one of the ASEAN country not allow foreigner to buy property under they name.
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I had just found out over the weekend from one real estate agency, Henry Butcher Malaysia that I can actually own a freehold property in Thailand under my name. I was told that foreigners are allowed to buy condominium on a freehold basis... FREEHOLD... rclxms.gif

I did some research and found out that it is true, though I am not a lawyer, here goes "By way of background, the law governing condominiums was enacted as Condominium Act, B.E. 2522 (1979). This law was liberalized to allow foreign investment in condominiums by Condominium Act (No. 2), B.E. 2534 (1991), which allowed foreign persons and entities to own condominium units on a freehold basis, but limited foreign ownership to 40% of the total area of the units of the condominium."

http://www.thailawforum.com/database1/Buyi...ondominium.html

This post has been edited by Monkeybone128: Feb 13 2015, 11:30 AM
TSMonkeybone128
post Feb 13 2015, 11:01 AM

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QUOTE(noorazimradzi @ Jan 22 2015, 04:39 PM)
Manila? Jakarta?
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Not my cup of tea... My wife and I love Bangkok and Chiang Mai, shopping, food, massage. Haha... Living or retiring there sound not bad. thumbup.gif
GangHo
post Feb 13 2015, 11:07 AM

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QUOTE(Monkeybone128 @ Feb 13 2015, 12:01 PM)
Not my cup of tea... My wife and I love Bangkok and Chiang Mai, shopping, food, massage. Haha... Living or retiring there sound not bad.  thumbup.gif
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Check for flooding issue.
TSMonkeybone128
post Feb 13 2015, 11:32 AM

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By the way, Happy Chinese New Year and Happy Holiday Everyone!!! rclxm9.gif

This post has been edited by Monkeybone128: Feb 13 2015, 11:34 AM
forever1979
post Feb 13 2015, 03:49 PM

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can know what is the legal, stamp duty & other costs to own a property in Bangkok ?
in Malaysia, its about 3%-4% on the property price.

say RM500K, then is around RM15K-RM20K.

Also, what are the condo price in general ? loan is also 90% max ?
forever1979
post Feb 13 2015, 03:50 PM

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every year i do go to Bangkok, for their temple and as short term holiday.
jason_chee
post Feb 13 2015, 04:01 PM

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QUOTE(forever1979 @ Feb 13 2015, 03:49 PM)
can know what is the legal, stamp duty & other costs to own a property in Bangkok ?
in Malaysia, its about 3%-4% on the property price.

say RM500K, then is around RM15K-RM20K.

Also, what are the condo price in general ? loan is also 90% max ?
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Foreigner max loan shud be at the region of 50-70%.
jason_chee
post Feb 13 2015, 04:04 PM

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QUOTE(Monkeybone128 @ Feb 13 2015, 10:57 AM)
I had just found out over the weekend from one real estate agency, Henry Butcher Malaysia that I can actually own a freehold property in Thailand under my name. I was told that foreigners are allowed to buy condominium on a freehold basis... FREEHOLD...  rclxms.gif

I did some research and found out that it is true, though I am not a lawyer, here goes "By way of background, the law governing condominiums was enacted as Condominium Act, B.E. 2522 (1979).  This law was liberalized to allow foreign investment in condominiums by Condominium Act (No. 2), B.E. 2534 (1991), which allowed foreign persons and entities to own condominium units on a freehold basis, but limited foreign ownership to 40% of the total area of the units of the condominium."

http://www.thailawforum.com/database1/Buyi...ondominium.html
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not too sure on LH and FH. From my understanding, foreigner can own highrise. Do feedback on your journey. I wish to buy 1 as well. Btw, Pattaya has lots of Highrise to sell for Foreigner. But some of the prop are overpriced due to Farang purchase.
acevent
post Feb 13 2015, 05:26 PM

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How much will be the cost of the condominium? I do search at Krabi website. Around TB1.2 million for only 300sqft. But i do not know about Bangkok
Afterburner1.0
post Sep 15 2021, 10:34 AM

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QUOTE(Monkeybone128 @ Feb 13 2015, 11:01 AM)
Not my cup of tea... My wife and I love Bangkok and Chiang Mai, shopping, food, massage. Haha... Living or retiring there sound not bad.  thumbup.gif
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its now year 2021, have u bought ur condo in bangkok?
@dadafu@
post Sep 15 2021, 02:40 PM

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QUOTE(Monkeybone128 @ Jan 22 2015, 05:38 PM)
Anyone bought a condo before???  icon_question.gif
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i know a uncle bought a studio fully furnished in cash. I heard it's not hard to buy la if you pay cash with min document. loan part abit challenging and need many documentation.

so time to time he go there with the wife like holiday home. he showed me the photo, small unit.

suggest you can check out youtube, many youtuber analyze how foreigner can buy a home at bkk.

surprisingly, many people from the city actually choose bkk as their future destination.

no doubt, i like the country which have good food, shopping. a potential growing country.
icemanfx
post Sep 15 2021, 02:57 PM

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QUOTE(@dadafu@ @ Sep 15 2021, 02:40 PM)
i know a uncle bought a studio fully furnished in cash. I heard it's not hard to buy la if you pay cash with min document. loan part abit challenging and need many documentation.

so time to time he go there with the wife like holiday home. he showed me the photo, small unit.

suggest you can check out youtube, many youtuber analyze how foreigner can buy a home at bkk.

surprisingly, many people from the city actually choose bkk as their future destination.

no doubt, i like the country which have good food, shopping. a potential growing country.
*
More choice and cheaper medical treatment, international school, etc in bkk also. a reason why more prc, russian, indian, korean, etc have second home there.

This post has been edited by icemanfx: Sep 15 2021, 02:58 PM
lfw
post May 30 2024, 08:59 AM

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my goal for 2026-2027 to own a property in BKK flex.gif flex.gif



IDEO Mobi Sukhumvit Eastgate, Bangna




Aspire Pinklao - Arunammarin, Bangkok Noi

lfw
post May 31 2024, 10:23 PM

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IDEO Sukhumvit Rama 4, Khlong Toei
lfw
post Jun 2 2024, 11:59 AM

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Bangkok MRT system for your reference, they have lines planned until 2040 nod.gif

 

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