Infos on Chiang Mai

[Happyman007]

Originally Posted by ppoon

heading to cnx from 19-23 Nov... with a divorced woman.... haha bringing my own tiffin.... but greedy me as I always do....

any chance to naughty.... may be some mid age massage ladies? any reliable and easy navigate joints?

doubted if I could go places like sayuri... unless I could take her to spa nearby

Stay around night market area, so many mid age massage ladies......also a body massage joint nearby. As for the divorced woman, dun worry just pass to me for few hours, I will take care of her and make her feel like getting marry again

[Happyman007]

Originally Posted by TonyCheong

These type of shoe box units not cheap in Chiang Mai also.

Just curious how are the property prices in Chiang Mai?

KKN condo start from 0.96 million (SGD 40k) for 25.7 sqm full furnished I think. But location inside small soi and not much shop around, slightly away from town.....

http://www.kkn.co.th/project.php?type=condo

[TonyCheong]

Originally Posted by Happyman007

Now about 50,000 baht +/- per sqm slightly out of main city area (fully furnished), depending on location can be 80,000 up per sqm in nimman or night market area for new condo.....for my 45 sqm 1 bedroom bought few years ago about 28,000 baht per sqm but not furnish total around 1.26 million and furnish total about 1.5 million (SGD 60k)

Now for fully furnish new condo 40-45 sqm will be around SGD 90-100k (2-2.5 million), and those 30sqm studio room beside new central festival mall around 1.5-1.8 million (SGD 60-70k) still consider much cheaper compare to Bangkok.......and SGD 70k can buy only COE in sg.

Thanks for the info.

Yes Bangkok property really killer prices!

[indianmagicoil]

Originally Posted by TonyCheong

Bangkok property really killer prices!

No wonder nick is Happyman... doubled his investment! Bangkok condo is pricier than Chiang Mai but generally the rental returns and rate of capital appreciation are better.

Now you say expensive, 10 years later if you still not buy it will be even more expensive. Its the same everywhere. So long as the country has good economic growth & fundamentals property prices will always go up.

The savvy investor is always looking for under valued property.

If you can afford it... "buy land to wait not wait to buy land"

[reall]

Originally Posted by Happyman007

ok is in between the police HQ & AUA near to Tha Phae gate where sunday market located. I stay after kad suan keaw, huey kaew road along Canal Road area in one of those shoe box condo

Oh actually not that far. Bro u wanna go for a drink sometime?

[yinyang]

Originally Posted by Happyman007

As for the divorced woman, dun worry just pass to me for few hours, I will take care of her and make her feel like getting marry again

Special service and attention, whilst he can lak kai. Will be in CNX for Loy Krathong 1st time, sat thru mon. Pity unable to have a pint with you, as busy escort. Popular places don't take reservations 16-17. On the loose in Moon Muang area. Not far from temptations near Tapae gate

[Happyman007]

Originally Posted by indianmagicoil

No wonder nick is Happyman... doubled his investment! Bangkok condo is pricier than Chiang Mai but generally the rental returns and rate of capital appreciation are better.

Yes agree, about 5-6% rental return yearly plus the appreciation or depreciation of property price if decide to sell later. Usually if buy for say 10 years investment can get above 10-25% / year return depending on future property price heading.

I just trying to stay alive with basic rental income to be a better man and a happy man

Originally Posted by reall

Oh actually not that far. Bro u wanna go for a drink sometime?

Sure ok, pm tel so we can arrange this week or next week also can. But loy krathong 16-18 I heading up to Pai to get out of the crowd in CM.

Originally Posted by yinyang

Special service and attention, whilst he can lak kai. Will be in CNX for Loy Krathong 1st time, sat thru mon. Pity unable to have a pint with you, as busy escort. Popular places don't take reservations 16-17. On the loose in Moon Muang area. Not far from temptations near Tapae gate

Hehehe sat to monday u come and I'll go Pai na bro YY, bring family get out of the crowded CM to have some peaceful time in Pai

yes the popular places like riverside or good view which is most popular for loy krathong need to go early to get a table, but is worth to join the crowd if is your first time for loy krathong in CM......dun take the river boat in riverside dinner, you will be the target of others trying to shoot fire cracker at both side of the river

[TonyCheong]

Originally Posted by Happyman007

Yes agree, about 5-6% rental return yearly plus the appreciation or depreciation of property price if decide to sell later. Usually if buy for say 10 years investment can get above 10-25% / year return depending on future property price heading.

I just trying to stay alive with basic rental income to be a better man and a happy man.

Personally I think if rental yield is at least 8% or more then it's considered good returns.
Anything below that is mediocre returns.

The property must hold for at least 5 years or more to see substantial appreciation.
There're better ways to get a 5-6% return than to put into a fixed asset which is harder to liquidate unless your intension is to hold out for huge appreciation in the future.

Don't forget that if there're many empty plots of land in your neighbourhood then developers may flood more projects in time to come.
This will also affect how huge your property appreciation will be in the future.

Robin Williams's song must be your anthem.

[Happyman007]

Originally Posted by TonyCheong

Personally I think if rental yield is at least 8% or more then it's considered good returns.
Anything below that is mediocre returns.

The property must hold for at least 5 years or more to see substantial appreciation.
There're better ways to get a 5-6% return than to put into a fixed asset which is harder to liquidate unless your intension is to hold out for huge appreciation in the future.

Don't forget that if there're many empty plots of land in your neighbourhood then developers may flood more projects in time to come.
This will also affect how huge your property appreciation will be in the future.

Robin Williams's song must be your anthem.

yes you are right, there's more better investment compare to 6% rental yield but that may need some monitoring and work to achieve that. I know of some farang friends buying older condo and refurbish it later for higher rental yield and they can achieve some good 10-15% for some units.

I'm just a lazy man looking for easy way to buy newer free hold condo and happy with 6% less the headache of renovating and trying to earn more. Most important actually is to past down whatever I own so that next generation can survive better and focus more on charity work rather then work to live like back in sg.

[reall]

Originally Posted by Happyman007

yes you are right, there's more better investment compare to 6% rental yield but that may need some monitoring and work to achieve that. I know of some farang friends buying older condo and refurbish it later for higher rental yield and they can achieve some good 10-15% for some units.

I'm just a lazy man looking for easy way to buy newer free hold condo and happy with 6% less the headache of renovating and trying to earn more. Most important actually is to past down whatever I own so that next generation can survive better and focus more on charity work rather then work to live like back in sg.

Wah bro, u very 伟大 ok, let's arrange after Loi Krathong? Cos I wanna experience it myself.

[TonyCheong]

Originally Posted by Happyman007

I know of some farang friends buying older condo and refurbish it later for higher rental yield and they can achieve some good 10-15% for some units.

Very smart!
As the saying goes, "No pain, no gain!".

Originally Posted by Happyman007

I'm just a lazy man looking for easy way to buy newer free hold condo and happy with 6% less the headache of renovating and trying to earn more. Most important actually is to past down whatever I own so that next generation can survive better and focus more on charity work rather then work to live like back in sg.

Not many Singaporeans think like this or can live your/my kind of lifestyle.

Use money to earn money so can semi-retire and live a more meaningful life.

[yinyang]

Originally Posted by Happyman007

I'll go Pai na bro YY, bring family get out of the crowded CM to have some peaceful time in Pai yes the popular places like riverside or good view which is most popular for loy krathong need to go early to get a table, but is worth to join the crowd if is your first time for loy krathong in CM......dun take the river boat in riverside dinner, you will be the target of others trying to shoot fire cracker at both side of the river

Sanuk in Pai. Always thought of doing Pai, only drawback is right company 555. Nah, I'm not the doing the touristy boat ride. Fire crackers (hopefully) in confines of bedroom.

[Nonteerak2553]

Originally Posted by Happyman007

But loy krathong 16-18 I heading up to Pai to get out of the crowd in CM.

yes the popular places like riverside or good view which is most popular for loy krathong need to go early to get a table, but is worth to join the crowd if is your first time for loy krathong in CM......

Wow, Pii you driving up lor? Pii if you have time try to go to bua tong doi mae u kor. Wonderful scenery!! Shouldn't elaborate more.

Riverside or Goodview, need to book table as early as 4pm. I remember 3 years ago, before resident at CNX, my gf called her friends and paid for their drinks just to reserve good location at Goodview.

The ping river will be fill with leafs and candle. According to some Thais beliefs, if you want to really have good relationship with your gf/wife do refrain from floating the leaf together, and some believe float them together will have ever lasting relation.

To me as long got money, everything will works out fine. practical theory. 555

[Happyman007]

Originally Posted by reall

Wah bro, u very 伟大 ok, let's arrange after Loi Krathong? Cos I wanna experience it myself.

ok krub, we contact after Loy Krathong and arrange some time to meet.

Originally Posted by yinyang

Sanuk in Pai. Always thought of doing Pai, only drawback is right company 555. Nah, I'm not the doing the touristy boat ride. Fire crackers (hopefully) in confines of bedroom.

Loy Krathong sure many puying out to enjoy, best time to catch 1 or 2 and head up to Pai na

Originally Posted by Nonteerak2553

Wow, Pii you driving up lor? Pii if you have time try to go to bua tong doi mae u kor. Wonderful scenery!! Shouldn't elaborate more.

Chai, will be driving up Sat morning and will ask my OC where is this "bua tong doi mae u kor". Was think to go up to Maehongson some day, but always lazy with kids to follow

[Nonteerak2553]

Originally Posted by Happyman007

Was think to go up to Maehongson some day, but always lazy with kids to follow

It's at Maehongson na.