New Condo Projects

[sandman67]

As someone involved in the Real Estate in the area

,,,,,mate at this point of the night I could really rip into you......hell I dont know why I was so nice in the first place........you are a f*****g estate agent. Only the clarity of Chang has ripped the veils from me eyes......

YOU are the reason this piece of paradise will get screwed up. YOU!!!!

Why the hell was I nice to you....?????

YOU are the f***ckers that facilitate the Benidorming of this slice of heaven.

YOU are the ones that are the problem.....

Maybe its too many Sang Soms.....maybe it aint......

Go sell your condo's in Pattaya.....sod off and leave us sleepy little HH buggers alone. Go calculate your profits and losses elsewhere.

A house or flat is a home....where y live. Not an "investment". Call me traditional but thats how I view property.

Sorry to the Mods, but really at this point in a bar I'd be decking him.......

[caller]

Probably safer to be an Estate Agent in Bognor!

[ozuncle]

sandman 67
You may not like real estate agents but your rant was very childish.
(Deck him) ???
For posting about Condos!!!!!!!! Calm down.

Jockey
The number of developments around Hua Hin amazes me. Not just Condos.
In answer to your querie I believe that some of the less attractive developments will fail leaving a few half built shell around the place and a few broke falangs and a few less wealthy Thais, however most developers have got a few clues about their business and will make a lot of money. In my opinion the majority of these Condos will sell quickly.
One possible drawback is the high value of the Bhat compared to weakening western currencies (except oz) caused be the greedy americans.
(not one word about w###r)

[Wanderlust]

sandman 67,
Your alcohol driven rant is really aimed at the wrong person/people - estate agents do not build the projects, just try to sell them; you should be angry with the developers if anyone, but even then they are just business people trying to make money, which is the world we live in. Equally, without the developers, where would all the people stay or live and shop if they did not build anything (hotels, shopping malls, houses even market places)? The problem lies in how they are regulated by the authorities, so go to the planning offices of the local authority in Hua Hin/Prachuap Kiri Khan after a few Sang Soms and deck somebody there!

[norm]

The sale of the condos is going to depend on position, position, position. HH does not have a problem with selling units to Thais as most of the condo owners reside in BKK and come here for holidays. There are 38 beachfront units in the condo we are in (Cha Am) and only about 15% is owned by farangs. Ourself and one other farang couple are the only ones who live here full time, the majority if not all of the other owners are from BKK and rarely use their units.

We prefer it that way, nice and quiet and we pretty much have the pool, fitness room, snooker table and handball court to ourself. Being on the beach is a big benefit to us. Life is Good!!

[Farang]

Tut-tut, s67. You should understand that the estate agents are only following orders!

[Farang]

Echo off!

[margaretcarnes]

Ignoring Sandmans little rant there, and the obvious concerns about water supply which I think are quite justified. Lets get back to the issue - why so many new condos, and will they sell?
Well, agreed, for expats they are probably a safer bet than buying a house. But hang on , this type of property speculation has happened before in Bangkok and Pattaya. A lot of it went pearshaped after the economy crashed in the late 90s, when half finished condos decorated the skylines. AND the same thing happened in HH with a development out at Takiap as I recall.
They may sell to innocent newcomers if they get finished before another economic collapse but, if I were buying a condo right now, I would stick to the well established ones such as Condo Chain.

[KelpieKiss]

mate at this point of the night I could really rip into you......hell I dont know why I was so nice in the first place........you are a f*****g estate agent.

I find it really funny that you are so passionate about this and yet you are a 'specialist' on the HHAD forum. In case you haven't noticed HHAD sells property too. That would make you a regular contributer to an estate agents web page wouldn't it?

[Lev]

In case you haven't noticed HHAD sells property too. That would make you a regular contributer to an estate agents web page wouldn't it?

You are quite incorrect there, HHAD sells advertising not property, we are not real estate agents - we simply offer the best internet exposure for people that do wish to sell property.

[Jockey]

They may sell to innocent newcomers if they get finished before another economic collapse but, if I were buying a condo right now, I would stick to the well established ones such as Condo Chain.

Interesting view point Mags. Some people like to buy off-plan because they have a better chance of getting an 'early bird' cheaper price. However, as you say, that comes with taking a bigger risk. In my experience, Thais mostly want to stick to beach side condos and are very careful when picking new projects by looking into the background of the developer to see if they have had past successful experience and have plenty money to back them up.

As for the amount of projects, I get the impression there has been very little research done as to supply Vs need analysis.

By the way, you would be amazed (if you don't know), how much condos have gone up at the Condo Chain. They are not cheap anymore.

As for the water problem - in my opinion, no new development in Hua Hin should be given permission by the town planners until a proper solution is found, unless of course they already have plans in place to tackle the problem. I too agree it is a very important problem and merits a thread all of it's own.

[sandman67]

Guys

im sorry for the childish rant......too many Changs and a PC dont mix....



I'll try not to do it again.....

an admonished S67

(Thanks for reminding me Jockey )

[redzonerocker]

as long as there is demand for these properties, they will continue to be built.
the problem starts when supply exceeds demand, causing a negative impact on property prices & the rental market.
you only have to look at spain as an example of supply outstripping demand
whether this will happen in hua hin is another matter.

[margaretcarnes]

Couldn't you forgive Sandman anything with that cute pic?
Agreed on the water issue Jockey, and the highly likely lack of research, which takes us in circles with the Thais and 'safe investments' theory! Mind you the couple I've known who have built new hotels in HH have been very wealthy and astute. (And strangely both women!)
Drainage though must also be a problem in many parts?
Yes I'd heard about the prices at Condo Chain. Possibly supply driven, as its not too far out and seems to be standing the test of time. i.e. not falling down.
Not so sure about Redzones Spanish supply/demand theory though. As proved recently they also have some serious leasehold problems - or rogue traders more like - with expat properties just bulldozed.

[KelpieKiss]

You are quite incorrect there, HHAD sells advertising not property, we are not real estate agents - we simply offer the best internet exposure for people that do wish to sell property.

Sorry obviously a misunderstanding. I saw on your website you say you have a property team and on your website you state the following:

Houses for sale in Hua Hin

Your dream home in the tropics is only a few clicks away, browse through our extensive Hua Hin houses listings and contact our property team if you find anything of interest:

Houses for sale in Hua Hin
Condos for sale in Hua Hin
Land for sale in Hua Hin
Businesses for sale in Hua Hin
Houses and condos for rent in Hua Hin

Samples from our Hua Hin houses listings can be found below:

Anyone reading that would reasonably be led to believe you sell these houses, although some properties listed after clicking the link have other Real Estate logos next to them. I assumed the properties without the logos were sold by HHAD.