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February 21, 2018, 10:21:02 PM

Author Topic: Ashton Asoke Bangkok  (Read 1225 times)

Offline edmundongty

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Ashton Asoke Bangkok
« on: October 06, 2014, 02:16:32 AM »
Anyone know of this development?  Doorsteps to MRT. Next to T21.

Offline astreal

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Re: Ashton Asoke Bangkok
« Reply #1 on: October 06, 2014, 03:22:44 AM »
It just launch just a week or two ago. Very steep price for a condo though then a again, everyone has different opinion on what is a realistic value. There are too many development and if i am not wrong, Noble has another new development a few blocks away.

Offline 2017

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Re: Ashton Asoke Bangkok
« Reply #2 on: October 06, 2014, 10:42:57 AM »
Wow astreal you seem to know a lot about bangkok property....

SingThaiDisco_V2

Re: Ashton Asoke Bangkok
« Reply #2 on: October 06, 2014, 10:42:57 AM »





Offline 2017

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Re: Ashton Asoke Bangkok
« Reply #3 on: October 07, 2014, 08:34:45 AM »
How you gauge the value? By psf? Or location? Freehold? Foreigner restrictions? Whats the relative psf?

Offline astreal

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Re: Ashton Asoke Bangkok
« Reply #4 on: October 09, 2014, 12:45:15 AM »
How you gauge the value? By psf? Or location? Freehold? Foreigner restrictions? Whats the relative psf?

Lolzz... I am not in a property industry by any means.

Evaluation usually starts with which District you are in, how near amenities like MRT or BTS etc, brand of the property developer, how far you are away from the Soi to the main road, is it near any river canal( in case of flash flood). I think majority of thai properties are freehold.

Properties around Siam, ploenchit, lang suan, ratchadamri, Ruam Rudee are very popular. Probably sold out within days. But properties in these areas come along once in a blue moon. Most buyers are local rich thais. I don't see them buying for investment purposes cause the resale market or rental market are not flooded with adverts. Most of them probably want a city apartment for convenience sake, in one ways or many.  ;D

Ari, Thong Lor, Asoke, Ekkamai, Sathorn, Silom, Riverside are second favorite but still you can easily find new apartment in finished development. Probably due to over abundance supply of new condos. If you going to buy a condo for rental income purposes, try to get at least a 2 bedroom condo. They are high in demand from the expat communities and there few and far between. There is over supply of one bedroom/studio apartment.

The rest of the area are more or less the same price depending again on developer brand and accessibility to public transport.

Just one word of advise, Bangkok condos are not really what you call good investment opportunities. There is an over abundance of rental apartment available therefore finding tenant wouldn't be that easy. So those thinking of  passive income, you must have a very good unit in a very good location by a reputable brand. As for property evaluation increment? More or less base on inflation so you won't be making a killing like in Singapore. But these are just my take, others probably think its bullsh_t. So i would say just do whatever that makes you happy.

As for myself, my spouse and i have a house in the suburbs of Bangkok. 

Offline 2017

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Re: Ashton Asoke Bangkok
« Reply #5 on: October 09, 2014, 11:17:53 PM »
Thanks for your insights!! Interesting. Will take note of your mentioned locations.

SingThaiDisco_V2

Re: Ashton Asoke Bangkok
« Reply #5 on: October 09, 2014, 11:17:53 PM »
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