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Aug 13 2008, 11:01 AM
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#1
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Advanced Pattaya Addict ![]() ![]() ![]() Group: Trusted Member Posts: 191 Joined: 13-December 06 From: Pattaya Member No.: 132 ![]() |
Tudor Court is a brand new condo project situated in Soi 2, Pratumnak Hill - about 5 minutes drive from Walking Street.
Units start at an incredible 50,000 Baht per m2 with a 55m2 1 bedroom unit starting at only 2,750,000 Baht. A 75m2 1 bedroom unit starts at only 3,750,000 and the huge 2 bedroom 150m2 starts at only 7,500,000 Baht. The developer is a local English expat and has been in the construction industry for years and is well known and respected. Construction is due to start in October with estimated completion of the first building by the end of 2009. All units will be fully fitted with luxury kitchen, bathroom, tiled floors, air con, lighting and for a limited period a FREE PLASMA TV! Facilities will include the usual 24 hour security, swimming pool, reception area etc. All buyers (Until April 2009) will be entered into a prize draw to win a FREE TOYOTA FORTUNER! Pictures and some info below. Please PM me if you would like to see the new SHOW ROOM. Tudor Court
condo_display_unit3.jpg ( 95.47K )
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condo_display_unit9.jpg ( 51.62K )
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condo_display_unit10.jpg ( 40.58K )
Number of downloads: 2This post has been edited by LordFlash: Aug 14 2008, 09:44 AM |
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Aug 13 2008, 01:00 PM
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#2
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Supreme Pattaya Addict ![]() ![]() ![]() ![]() Group: Trusted Member Posts: 282 Joined: 30-January 07 From: Northampton Member No.: 1,137 ![]() |
I can not see your pictures:
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Aug 13 2008, 06:45 PM
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#3
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Advanced Pattaya Warrior ![]() ![]() ![]() ![]() ![]() ![]() Group: Banned Posts: 1,410 Joined: 28-October 07 From: UK Member No.: 11,491 ![]() |
My friend is in the property sales in Thailand & like in the UK he tells me its dead.
IMHO. It is now a buyers Market big time. Thai Tony. |
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Aug 14 2008, 10:02 AM
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#4
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Advanced Pattaya Addict ![]() ![]() ![]() Group: Trusted Member Posts: 191 Joined: 13-December 06 From: Pattaya Member No.: 132 ![]() |
Pictures now fixed.
We sold 3 units yesterday and I have 10 more reserved and to be sold early next week. Thats not what I would call dead but agree that in the second hand market, particularly houses, it is a buyers market as there is so much choice at the moment. Cheers LF |
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Sep 1 2008, 01:50 PM
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#5
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Advanced Pattaya Addict ![]() ![]() ![]() Group: Trusted Member Posts: 179 Joined: 12-February 07 From: Las Vegas Member No.: 1,706 ![]() |
Pictures now fixed. We sold 3 units yesterday and I have 10 more reserved and to be sold early next week. Thats not what I would call dead but agree that in the second hand market, particularly houses, it is a buyers market as there is so much choice at the moment. Cheers LF I don't understand something here. For what you are selling these units for I can buy or rent for less here in Las Vegas USA. I understand these units are in Pattaya Beach near Walking Street however since workers make about $5.00 a day in Thailand, that a 2 bedroom condo would sell for aprox $25,000 USD or about 850,000 baht. |
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Sep 1 2008, 02:35 PM
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#6
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Supreme Pattaya Addict ![]() ![]() ![]() ![]() Group: Trusted Member Posts: 422 Joined: 2-December 07 Member No.: 12,482 ![]() |
I don't understand something here. For what you are selling these units for I can buy or rent for less here in Las Vegas USA. I understand these units are in Pattaya Beach near Walking Street however since workers make about $5.00 a day in Thailand, that a 2 bedroom condo would sell for aprox $25,000 USD or about 850,000 baht. thats business!!! If you dont want to pay it, then dont. enjoy your days in vegas |
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Sep 1 2008, 02:47 PM
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#7
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Supreme Pattaya Addict ![]() ![]() ![]() ![]() Group: Trusted Member Posts: 209 Joined: 5-January 07 Member No.: 381 ![]() |
Looks nice Lordflash but bit OTT for me price wise.
LIke the location though up on Pratamnak hill as nice area but would be wary of condos until I go see places in real and make sure not close to any loud & annoying russkis. ANy other developments at more reasonable prices??? Cheers Sticky |
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Sep 1 2008, 02:48 PM
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#8
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Supreme Pattaya Warrior ![]() ![]() ![]() ![]() ![]() ![]() ![]() Group: Banned Posts: 2,218 Joined: 22-February 08 From: Feltham Member No.: 14,665 ![]() |
During the past year I have felt I want to buy something out there, I have veiwed a few condos but not taken the plunge.
I know the smart money says rent, pal of mine is renting a new condo near Carfour for 64k baht a year brand new. I guess its the Englishman and Castle syndrome or maybe wanting a stake in Los, hard to know to why as I dont feel it will be a great investment. Be in town in the next 2 weeks I will pm and arrange a veiwing...............Maybe my subcon is telling me to relocate ? |
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Sep 1 2008, 05:58 PM
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#9
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Advanced Pattaya Warrior ![]() ![]() ![]() ![]() ![]() ![]() Group: Trusted Member Posts: 1,301 Joined: 22-December 06 From: Grimsby Member No.: 178 ![]() |
I woud expect a downturn in the market anyone who is selling will always say we are selling units very quickly.
IMO i would expect these to be 2.2 million baht and are overpriced the cedit crunch is on its way to ASIA and Pattaya is dead ,time to pick a bargain up i believe. |
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Sep 2 2008, 02:07 AM
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#10
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Advanced Pattaya Addict ![]() ![]() ![]() Group: Trusted Member Posts: 104 Joined: 19-March 08 Member No.: 15,189 ![]() |
I don't understand something here. For what you are selling these units for I can buy or rent for less here in Las Vegas USA. I understand these units are in Pattaya Beach near Walking Street however since workers make about $5.00 a day in Thailand, that a 2 bedroom condo would sell for aprox $25,000 USD or about 850,000 baht. I really cant explain the pricing. If the unit has a prime location its probably cheap. If my math is correct its 147usd a square foot...So about 147k usd for 1000sq feet...i cant hardly find a ocean view in the states for that kind of money..Now if its a off location then that price range is available in the states... I also have consider buying something but it seems the bargains are in the rentals cuz they seem way cheaper then in the usa... |
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Sep 2 2008, 03:45 AM
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#11
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Supreme Pattaya Warrior ![]() ![]() ![]() ![]() ![]() ![]() ![]() Group: Banned Posts: 2,218 Joined: 22-February 08 From: Feltham Member No.: 14,665 ![]() |
I woud expect a downturn in the market anyone who is selling will always say we are selling units very quickly. IMO i would expect these to be 2.2 million baht and are overpriced the cedit crunch is on its way to ASIA and Pattaya is dead ,time to pick a bargain up i believe. We need the baht to drop in value if it gets to 75 like 4 years ago Its a good punt ............. time will tell |
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Sep 2 2008, 06:36 AM
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#12
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Advanced Pattaya Addict ![]() ![]() ![]() Group: Trusted Member Posts: 179 Joined: 12-February 07 From: Las Vegas Member No.: 1,706 ![]() |
I really cant explain the pricing. If the unit has a prime location its probably cheap. If my math is correct its 147usd a square foot...So about 147k usd for 1000sq feet...i cant hardly find a ocean view in the states for that kind of money..Now if its a off location then that price range is available in the states... I also have consider buying something but it seems the bargains are in the rentals cuz they seem way cheaper then in the usa... Your math is solid I believe. But my point is Thailand is supposed to be cheap living compaired to most countries. Wages are about 200 baht a day if I am not mistaken. In the U.S. even Non-Union construction on housing is at least $12.00 an hour or about 400 baht an hour or 3,200 baht a day based on eight hour day. So if labor is 16 times higher in the U.S. then in Thailand shouldn't the condo be 16 times cheaper? So $220,000 USD or 7.5 million baht should be $13,750 USD or 467,500 baht for the same condo in Thailand. Now that is real math for real people............. I believe in Business as much as anyone however if we don't get a handle on the greed factor then we are all in a bunch of trouble. |
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