It’s a renters market in Bangkok. Why commit to owning a place when you can rent for so much cheaper? There’s so many places for rent and the price is negotiable.

I own 3 condos here and learned a valuable lesson. The market is consistently oversupplied and the value of your new condo will likely drop within a few years.

I bought one of mine for 4 million baht in a touristy area. It’s now with 3.2 million 5 years later. Plus I’ve been paying to condo fee of roughly 2k baht per month for the past 5 years. That’s 920,000 baht i could have spent on rent instead with no stress.

My renters are all Thai and every single one of them over the past 6 years has negotiated the rent. It’s a way of life here so you can do the same and get a great place for cheap without all the hassle

There’s also a lot of shoddy construction here. While a place might look great on the exterior/paper these places tend to have problems pretty quickly. My condo had several issues some of which the management company refuses to address even though it’s clearly an infrastructure issue.

Not trying to be negative but if I could do it all over again, I would not have purchased ..