In Bangkok you can get a pretty good condo for $300k that is near to the MRT. A condo in Pattaya/Jomtien is much cheaper. Porbably $200k.
It's less hassle to rent a place.
Is it freehold for a good condo in Bangkok?
In Bangkok you can get a pretty good condo for $300k that is near to the MRT. A condo in Pattaya/Jomtien is much cheaper. Porbably $200k.
It's less hassle to rent a place.
A few years ago property in JB only went for RM$500,000. Can consider but now that the norm is RM$1,000,000+ I have to wonder who will dare especially if you have to commute to Spore to work.
In Bangkok you can get a pretty good condo for $300k that is near to the MRT. A condo in Pattaya/Jomtien is much cheaper. Porbably $200k.
It's less hassle to rent a place.
A few years ago property in JB only went for RM$500,000. Can consider but now that the norm is RM$1,000,000+ I have to wonder who will dare especially if you have to commute to Spore to work.
In Bangkok you can get a pretty good condo for $300k that is near to the MRT. A condo in Pattaya/Jomtien is much cheaper. Porbably $200k.
It's less hassle to rent a place.
Is it freehold for a good condo in Bangkok?
My personal take is that the place to make money in malaysia is still in the sub 500k region. Anything above 500k is going to hard
do not tread when and where tiongs are swarming in.
Foreigners cannot buy Malaysia properties that is < RM 1 mil liao.
KL and Penang are still good for investment. Malacca looks tempting, but I am not sure about the potential.
I'm very cautious about JB and Iskandar properties.
Brisbane properties also can consider.
Aiyah. Through proxies lar
Eventually if the bubble really bursts, I see the malaysian govt lowering the MYR$1 million requirement so that more foreign buyers can come in.
Except Medini in JB. No restrictions. However it is only 99 year leasehold (not leasehold) from Khazana.
99 year lease is different from leasehold 99 years.
Try explaining that to moron suckers who buy HDB flat.
same goes for alibaba.com ipo
the yanks are not biting
Here we go again....
Is not even leasehold 99 years. Is leasing 99 year from Khazana.
Ownership under Khazanah.
Different from leasehold condo (anywhere in the world) or HDB.
Is it freehold for a good condo in Bangkok?
Try to remember and relate to the CLOB SAGA.
Even the Prince there wants to get involve buying back your share at 10% value . Some poor soul sell as they urgently need the cash.
They can flip-flop the rules. Over there THE BUMIS rule and make the Rules..
As LKY said, the land is theirs and with their noses high in the air asked.
What can U do about it..???
Actually if you talk about MRT (or BTS) station, it depends on which one. If the condo is in a far away station like Bang Na vs one in Asoke, there is a difference. Just like buying a condo in Orchard or Novena vs one near Choa Chu Kang station.
Well I guess it is still a good buy if you get one small condo near a BTS/MRT near town. It is good for rental.
My personal preference is near Asoke station, it is where the BTS and MRT (Sukumvit station) lines crosses there.
But be cautious, there is a fair bit of supply of new condos these 2 years.
However, good news is that the coup has not affected the local property market (forget what all the non-Thai media tells you).
For Pattaya, make sure you find one that is near the beach and not just in "Pattaya". Some of those that are advertise are a bit off. For me, I have low preference for Pattaya, heard that there are lots of Russians there. Some Russians mafia too.
Another 2 places to consider:
Chiangmai - the IN place now for PRC. More and more PRC are interested in Chiangmai. We may not like PRCs, but buying before the PRC enters the market can make a good profit. Anyway why PRC likes Chiangmai now? Because of this movie : Lost in Thailandแก๊งม่วน ป่วนไทยแลนด์ http://www.youtube.com/watch?v=v_6-FHDe44c
Nong Khai - very high potential, due to its close proximity to the Laotian Capital, Vientiane. After the Asean Free Trade area is fully implemented, I expect the cross border trade between Nong Khai and Vientiane to accelerate.