Call us on +66 (0)76 383-646

Start your search

Luxurious Lagoon View from this 5 Bedroom Pool Villa in Bang Tao, Phuket
Luxurious Lagoon View from this 5 Bedroom Pool Villa in Bang Tao, Phuket
Refcode: HSILD8252
106.0M THB
Contemporary 3 Bedroom Townhouse in Laguna, Phuket
Contemporary 3 Bedroom Townhouse in Laguna, Phuket
Refcode: HSIL8240
8.7M THB
New Deluxe Pool Villa Development Being Offered near Laguna, Phuket
New Deluxe Pool Villa Development Being Offered near Laguna, Phuket
Refcode: HSIL8238
12.0M THB
Most Recent
Back to news
[ 2014-10-13 ]

Expert tips on buying a condo from speculators

Condo purchases usually take place in one of three periods. 

1. Presale. During presale, the price is the most attractive, as it is the riskiest period for a condo buyer. One advantage is more choices of unit.

2. Construction. Construction progress builds more confidence among buyers. During construction, the price will typically rise by 5-10%.

3. Ready to move in. This is the least risky period, and the selling price can rise by up to 30% from presale.

Ms Anyapat suggests the best times to buy a condo from speculators are one month before construction is completed, the resale period; and three months after construction is completed, the pre-transfer period.

Speculative investors who are not willing to transfer their units have only two choices — either allow the unit to be seized by the project developer or resell the down payment to interested buyers over the internet.

Most will not allow their unit to be seized and will sell it. This is a good opportunity for a condo buyer or investor to bargain for a better price. Speculators are easily found on the internet.

Source: Bangkok Post