Ask here about the pleasures and pitfalls of buying, selling or renting property and real estate in Hua Hin. Building, design and construction topics welcome. Commercial or promotional posts for real estate companies or private properties are forbidden.
Sorry burgher but please note emoticon this post carries a govt humour warning and is just that a joke nothing else
ie its a JOKE
Lemming you want to see the property
2nd lemming someone said something about a cliff
lemming the recent changes by the govt dont effect the property
2nd lemming oh great i feel real positive
lemming well what do you think of the property
2nd lemming well its georgous its cheap and the sun is out
I've come to the conclusion you are a bit of a raving lunatic. No offence mate and I apologise in advance, but I mean it in the nicest possible way.
Do us a big favour and don't direct any more posts my way as trying to decipher your words and then reply to them confuses me and gives me an enormous headache.
Personnaly Burger I find Sarges comments humourous. sometimes though I take him with a pinch of salt
But he brightens threads up
We are not all ever going to agree on matters but who cares a good interactive forum is fun and educational
Cheers
RICHARD OF LOXLEY
It’s none of my business what people say and think of me. I am what I am and do what I do. I expect nothing and accept everything. It makes life so much easier.
Vietnam also prevents foreigners from owning land, and this won't change for some time. The land ownership rules were only ammended oin July 2006 after 11 years of planning. Samething for Cambodia
Thank you Winkie - I tried to point this out on a thread a while ago but all I got back was stuff like "Vietnam is opening it's doors - Thailand isn't" People should remember Vietnam is still a communist country and it is difficult for the vietnamese to buy land never mind a foreigner. Also, the price of rental for decent accommodation is horrendous in Hanoi. You have to be rich to stay there or be in a good job.
Property always swings from buyers to sellers to buyers markets. Right now in Thailand it has swung to a buyers market. For how long this will last no one knows.
We have a Vietnamese girl working in our office on a post grad work experience and she also says foreigners can’t own land, also foreigners not allowed condos there.
Not in the housing market but Vietnam are opening up to foreign business investment in the last few years.
Just a slight different angle on the thread, why do you think Malaysia is allowing people to buy houses and seemingly the Philippines is fine tuning its silver hair program which is seemingly going to allow landed house purchases (condos are allowed there just now)??
Whilst the reasons are probably numerous, I think ultimately it is to prop up the economy.
Industrial growth and the Vision2020 of Mahathir have long slipped into distant memories since Badawi took control.
Malaysia is a country of few people (28 Million, I think) with a poulation density of 82/sq.km, much lower than Thailand (126 sq.km). With an out of control building situation (not so dissimilar to Thailand), letting all and sundry buy is a surefire answer to keeping the industry alive and well, and providing a hug income for the National Economy (as well has huge reerves for the banks, due to the cash deposit required for the MM2H program).
Its also not a perfect solution for Malaysia, and certainly Malaysia has not been an example of stability with regard to foreign ownership. They also have buggered around with regulation a lot, leaving many in a situation of uncertainty.
Finally worth remember, when comparing to Thaialnd (this is directed at all those that feel so unhappy with the terrible treatment of foreigners here in Thailand, not you Mack), is that Malaysia offers a 2 tier pricing policy with ALL Bumi Putra automatically entitled to a discount from the purchase price of the property - at least our final purchase price is up to our own negotiating skills, here in Thailand.
With regard to the Philippines, I do not have much of an answer as I know less abou tthe Philippines (probably I know very little about Mlaysia!). Howver, I know that the Philippines has always been a strange place to do business - opportunities are everywhere, but nothing really takes off. I'm in Mechanical Engineering, and visit Philippines form time to time to visit factories and potential clients. We are building up a business there, but not at the rate of any other of the AEAN Countries, and I rember that Philippines has always been the same, since I started vising in about 91. Therefore I could claim the same reason - to boost the ecomony, although Philippines has a higer population density, and therefore the negative effect of selling land/property to foreigners will it the locals sooner, so this may be the reason to restrict to Condos. A bit like Thailand really.
Anyway, its probably a load of old bollox, but at least my fingers have had a bit of exercise this afternoon
i advertised it as a joke
i warned it was a joke
i emoticonned it as a joke
i even begged a nameless peops it was a joke just in case that peops couldnt see the joke
and yet for some unknown reason I AM a lunatic
NNAAAHHH i still got my sense of humour im not in the property business
I’ve just been taking a look back into the history behind the reasoning that foreigners are barred from owning land in Thailand, and it seems that this all stems from problems that arose during the 19th century.
Due to agreements between the colonial powers it had been decided that Siam (Thailand) would be left independent, to act as a buffer between French Indochinese possessions in the North (Vietnam, Cambodia, Laos), and British Malaya in the South (Malaysia).
To this end Treaties were signed with the Western powers to allow trading and investment in Thailand. The most important of these was the Bowring Treaty with Great Britain in 1855 that amongst other things allowed British subjects to own land in Thailand. The other major powers in the region followed suit and gained similar rights.
Under these treaties, jurisdiction over the foreigners was ceded from the Thai government to the Consular authorities of the foreign nation.
The problems started when large numbers of Asian aliens started flooding into Thailand in the 1880’s claiming the same rights as the Westerners on the basis of being Colonial subjects of the Treaty nations.
By the 1890’s the problem had become so acute that the Thais felt that they were in danger of losing authority in the state and started putting up barriers to foreigners acquiring land.
If anyone thinks these problems are new, this is from a British Foreign Office report of 1903:
As a matter of fact, British subjects have continued 'to buy and rent houses, lands, and plantations' in all the large towns of the north without protest from the Siamese officials. But in many cases that have come before the International Court, the British subject who has purchased land has, after many years' tenure, been ousted from the land, at its nominal value, at the instance of a native plaintiff (in an estate, for instance) merely because the British subject holds no official title-deeds, and cannot hold land according to Treaty. Thus, any person who can prove relationship to the seller of a piece of land to a British subject, can enter a suit in the International Court for the latter's eviction, after payment of
considerable sums of money in improvements, and the British subject has to leave his land without any compensation for the enhanced value of the land, or for the improvements effected, interest on capital, &c. This state of things is intolerable.
Vietnam also prevents foreigners from owning land, and this won't change for some time. The land ownership rules were only ammended oin July 2006 after 11 years of planning. Samething for Cambodia
Thank you Winkie - I tried to point this out on a thread a while ago but all I got back was stuff like "Vietnam is opening it's doors - Thailand isn't" People should remember Vietnam is still a communist country and it is difficult for the vietnamese to buy land never mind a foreigner...
People who quote the "VietNam is opening its doors" stuff are seriously confused about the difference between opening up to Intel or Carrefour or GE and opening up to Joe Falang who wants to buy property. Big MNCs will provide investment, training and jobs. Joe Falang won't.
Many falang continue to overestimate their place on the SEA ladder and think VN and others are wetting their pants over their $100K bank account. 555
STEVE G wrote:I’ve just been taking a look back into the history....
There's enough good stuff there Steve to write volumes...LOL. (Too lazy tonight ).
The best parts though, thank God us Yanks weren't involved and....see what Empire gets ya?, and....why do Thai spouses still know that stuff and enforce it?? Pete
STEVE G wrote:I’ve just been taking a look back into the history....
There's enough good stuff there Steve to write volumes...LOL. (Too lazy tonight ).
The best parts though, thank God us Yanks weren't involved and....see what Empire gets ya?, and....why do Thai spouses still know that stuff and enforce it?? Pete
Pete, just for the hell of it read Sorrows of Empire by Chalmers Johnson.
You Yanks have an empire (752 known foreign military bases) and are getting all the affection that goes with the territory!
Pete 
