What Kind Of House Does 24 Million Baht Get You In Hat Yai, Thailand?

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Күн бұрын

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@playthis5994 2 ай бұрын

everyone seems to be an expert builder in the comments from thousands of miles away. assuming things are not what they are use to, but have no idea. just a bunch of dudes with chips on their shoulders, trying to spread their negative gospel to anyone that wants to hear it. lord knows, no one is listening to them at home

@expatlivinginthailand 2 ай бұрын

I couldn't have put it better myself, but I have gotten used to the negativity and cynicism that affects many foreigners on all matters concerning Thailand. It was for this reason that I stopped reading Thailand expat forums a couple of decades ago. Nothing was more depressing than spending half an hour, or so, browsing through the Thaivisa forums.

@lianjs5305 2 ай бұрын

Good afternoon Sir, nice to hear from you.

@expatlivinginthailand 2 ай бұрын

@@lianjs5305 Good afternoon! Good to hear from you, too!

@yadong8037 2 ай бұрын

I guess these houses are not build like most thai-houses with the pillars which limit the size of the rooms.

@expatlivinginthailand 2 ай бұрын

Very good point. My house has one pillar downstairs. I'd prefer that it wasn’t there, but accept that it is necessary. Some people object strongly and wouldn't buy the house because of the pillar. It didn't strike me at the time, but you're right about the new house not having any pillars.

@visitstomyneighbours 2 ай бұрын

I used to have a spare 24mil baht lying around.. until I woke up 😒 I've never given that direction (southeast of city centre) much thought.. I'm guessing beyond Central Festival and Makro, there's a lot of vacant land with new developments coming up like the one you just featured. For high-end developments like it, are security grilles common? I notice there's none in your video, and was wondering if the developer will have those installed later, or if owners need to fit them in separately. Or perhaps the gated community renders security grilles superfluous.. although I'd assume rich folks would want them anyway 🤔

@expatlivinginthailand 2 ай бұрын

@visitstomyneighbours It's a lot of money for most people, but a small minority of Thais are extremely rich. I, too, very rarely go to that area, but it's pleasant, and there's a lot of vacant land. I also live in a gated community with a security guard. Thieves shouldn't be able to get in, but they do occasionally. Some people in my development have fitted burglar bars, but others haven't. It just depends on personal preferences.

@TeaDrinker-h4z 2 ай бұрын

The retaining wall scares me. I hope they have enough drainage pipes. They look pretty impermeable.

@expatlivinginthailand 2 ай бұрын

I don't have any knowledge of structural engineering, so I don't know. I would like to think that when selling houses for this amount of money, the design and construction have all been done properly. There are big differences when buying houses in Thailand compared to, say, the UK. In the UK, there would be a structural survey and a solicitor search to find out if there are any issues that the buyer needs to be aware of. In Thailand, nothing. If you were looking at buying a house and had concerns about structural aspects, I think it would be a good idea to get a structural survey done independently. Warranties are also very different. Developers in the UK registered with the NHBC need to meet certain standards, and the NHBC will provide a 10 year warranty. There was no warranty with my house, and I think this is common. The developer will help fix things in the first year, but there is no obligation, and there shouldn't be too many problems in the first year. I've been in the house for about 12 years, there have been many problems, and I've had to pay for all the repairs myself.

@fuzagi 2 ай бұрын

what a shock to see lightweight sand blocks are being used for the walls instead of clay bricks, especially in a residential area without much shade and trees in such a hot and humid climate. Without the air conditioners running all the time it must be unbearable living in these uninsulated homes, even wood furniture would not last as long. also, they seem to be using plaster sheet ceiling panels which poses health hazards when exposed long term.

@expatlivinginthailand 2 ай бұрын

@fuzagi I didn't notice the sand blocks. My house is in the first phase of a development and built with bricks. When they constructed the second phase, they raised the prices and used breeze blocks instead of bricks. Plasterboard for suspended ceilings is common. I have them in my house. I didn't realise there was a health hazard. I take it from your comments that you won't be putting down a deposit?!

@southernfarang6792 2 ай бұрын

Wow! Nice house. Might see if I can check it out the next time I’m in Hat Yai. Not that I have those funds to buy one 😂

@expatlivinginthailand 2 ай бұрын

Me neither! I was wondering what the response would be today with me turning up in my ancient car looking like a tramp! However, the sales girl was fantastic - unlike the last house I looked at, where the sales woman simply didn't want me to be there. Even though I'm in no position to buy, I always enjoy looking at new builds. You should take a look. If I remember correctly, you're not too far away. There's some kind of promotional event taking place on 18 December, so that would be a good day to look. I may go back with my missus. It was her who saw this place on FB and told me about it.

@alias_EP 2 ай бұрын

Growing up in a village I guess they will love it...

@expatlivinginthailand 2 ай бұрын

I'm sure they will 😀

@Mark-yo5ue 2 ай бұрын

House seems ok from what I call tell from the Video, although to properly outfit a kitchen will take around another 1 million THB. I suspect the model home you presented will selll for more than 24 million as the land looked quite a bit larger than 80 sq. Wah. (More like around 200). Climbing up to the third floor to sleep isn’t so great for me, but many people probably would be ok with it. Thanks for the Video.

@expatlivinginthailand 2 ай бұрын

Spot on! I looked at the development plan when I got home. The other 24m Baht houses are on much smaller plots. This show home was on the biggest plot by far and will no doubt be more expensive. I had a Starmark kitchen fitted around 12 years ago, and it was around 400k. With the way that prices have risen, your 1m estimate is probably about right. Funnily enough, I almost asked the sales girl about a lift when I looked. That's the first detached house I've seen with 3 floors and there are a lot of stairs! Thanks for your comment 🙏

@johnrambo5917 2 ай бұрын

possible have fengshui or gold inplant underground

@expatlivinginthailand 2 ай бұрын

@johnrambo5917 LOL 😀 It's a lot of money. I quite liked the house, but wouldn't pay Bt24m (even if I had Bt24m to buy a house). It will be very interesting to see if these houses sell. So far, one has been sold out of 60.

@Pmoney44 Ай бұрын

I currently live in hat yai actually, I wouldn’t recommend buying a house in Thailand. Unless you have a big family of your own, that is more than 2 kids above 2 years old each. Then there is no reason to buy a house here. This is not a western country or even the United States with property rights extending to the owner (title deed). Not all but most westerners who have tried purchasing a landed property here in Thailand don’t think it is worth it after years of ownership. Again unless you have children holding Thailand citizenship you can will that property to, don’t buy. Buy a freehold condo instead, less headache and easy to sell.

@expatlivinginthailand Ай бұрын

It depends very much on your personal circumstances. For single men, I wouldn't even recommend buying a freehold condo. Just rent. It's cheap, hassle free, there's no big capital outlay, and if you want to move somewhere else, it's easy. The old adage about only investing money in Thailand that you can afford to lose is very true. Foreigners can't own land in Thailand, and thus can't own any property that includes land. There are various ways around this, but none are risk free. Houses take a long time to sell (it seems that Thais are only interested in buying brand new houses), and the huge gains from buying and selling property that exist in other countries don't exist here. Where I live, there are houses that have been for sale for years that still haven't sold. The only house I know to have been sold was sold for a lot less than the original price. I have a Thai wife and two children, who are Thai citizens. I bought a house so that they would have some financial security when I'm no longer around. It also benefits me in that I live in much comfortable accommodation compared to the average rental property. I have no regrets, but if I was still single, I would still be renting. It just depends on your individual situation. Thanks for your opinion!

@Pmoney44 Ай бұрын

@ well said.

@testtube1842 2 ай бұрын

rip off - you just know the quality will be questionable - The land may be flood land (proper surveys are never completed) - Materials may be no what you think - developers getting 99% of the money. Also you compared it to London. With it's densly over populated areas - supply and demand. Land can be cheap here in Thailand and there is a lot more of it than London and a lot less people cramed into one area. Not to mention you can own property in London...owning through loop hole business in Thailand is just dumb btw.

@expatlivinginthailand 2 ай бұрын

Thanks for your feedback. I asked about flooding and was told it wasn't an issue. As you say, though, that was just word of mouth with no proper survey. From what I saw, the construction materials looked to be good quality, but I'm not an expert. The bottom line is that the value of anything is only what someone is willing to pay for it. It will be interesting to see if these houses can be sold at the asking price or whether the developer will have to drop the price. The houses do seem overpriced, though. If I had 24m for a house, I think I could get something better or get the same kind of thing cheaper. Yes, there's a lot of land in Thailand, but Thais want to be near businesses, hospitals, schools, etc. My wife's sister has been looking for some land to buy here, and the sellers are asking for 4 million per rai. It's very expensive in the Hat Yai area. I agree that whichever way a foreigner buys land/property in Thailand, it is very risky. I bought my house for my wife and kids, not me.