Is investing in the Thai market a good idea or too risky?

Is this why condos are so cheap right now?

Yeah bring in $200,000 US, pay tax on that as remittance into Thailand, then buy a condo and pay more taxes on the sale ect. Make Thai officials happy because their BMW payment is due

Good, im looking

All investment is gambling. property is just one of the investment in gambling profolio.

Only with good insight and experience, eg thesedays, property trend, USD turns weak, tariff war, Ai bloom…etc so many uncertainty

buying or renting property in Thai still is a good decision if you trust yourself

Some people pick up the most negative situation like SARS in Asia and covid .. now they can retire but still greed, and some got enough and look for a reactively cheap Thailand for life .. it is understood

Same as PRC..... for past 15 years

The site is rubbish. What everyone knows, no resell real estate goes in value. Use it as your own as I do.

It’s the constant flip flops of policy making long term commitments difficult

Bought multiple condos in Bangkok, all appreciated and they are giving me 7-10% net. You need to study and do proper analysis. If you have never invested, don’t give advise.

Rent only in Thailand, you just never know if another military coup is coming.

Maintenance is a big issue here in Thai market. Especially after the earthquake many buildings are in wreck situation.

Wonder if it has anything to do with the endless hoops one has to jump through to even be here.

Its coming

I rather rent than buying something here. Rent is cheap compared to the price of the unit, the condos don't go up in value as fast as in the west. Most Thais don't like spending money to renovate or maintain. And to top that I would not invest until a permanent residency scheme or real long term visa is in place. A long term visa should not need a "re-enty permit".

You mean they are running out of suckers who are willing to overpay for tiny, low quality units?! 🤔🤣😜

What are people's thoughts on purchasing a 30 year leasehold on a Villa or house with land rather then a condo or apartment??

Baht is too high

754

There is money/opportunity in the property market here, it is not a simple case.

If you invest wisely, knowing that perhaps there won’t be much appreciation on your unit. Then there is a chance for passive income on a high yield .. (I always purchase small units that have higher yield rather than the larger ones).. so far the return is far greater than having money in a bank ect..

This doesn't surprise me. I've seen so many empty buildings everywhere. It's a shame because those buildings could be updated and put to good use.

When do the prices start dropping?

What about investments in Thai bonds? Not corporate but gov?

What about the housing market? It seems there are so many developments everywhere, they must be selling these luxury villas surely.

You have opened the door wide open to India, they are bad lot to have there , their presence discourages all others, and they are cheap and dirty, bad move Thailand

While condo prices are dropping the rents are still increasing. And due to their strange logic the rooms are staying empty longer.

My lease was up for the year and I was asked to pay $2k more a month for the next year. I suggested it wasn't a good idea as the market didn't reflect that, but they were adamant.

I ended up taking a room 5 doors down (same complex, same floor) for $1k less than my previous lease, so it was an easy move for me.

I have no doubt that that room will sit empty for ages now and over the next 12 months the owner will be behind in comparison to if they kept the rent the same for me. Their loss!

They need to stop moving the goalposts

Bought my first one in 2019 , price already double for that unit

Get myself more since back then, no regrets

Just don’t be stupid, buy only fire sales, or deal 20% under market price at least, take your time, study the location the rent market and so on.

The Thais aren't helping themselves. If they can't rent their condo they raise the price to make up for not renting it in a while. And then they would rather leave the price high than admit they were wrong and lower it. So they all just sit empty. A lot of newer/fancier condo developments are ghost towns.

Oversaturated housing market is the issue here.