Quote:
Originally Posted by TonyCheong2
In context to foreigner with ownership in personal name then townhouse and land is out of the question. 
THB1,300,000 can get pigeon hole studio condo in Bangkok only lah.
Some more not near any BTS/MRT Station.
Then the most important thing to take note is currency depreciation.
SGD will appreciate gradually over time against all ASEAN currencies.
Unless like Cambodia's condo priced in USD but whether property value can appreciate or not in the future is a big question mark.
*Disclaimer: Some busybody and cocky people claim my info and opinion are misleading as out of touch with Thailand. Please use info at your own discretion. |
With limited cash in hand that you are willing to risk, a better approach could be setting up a holding company with a group of trusted friends (incl. Thai nationalities).
Use the holding company for property investment in Thailand to bypass certain restriction as single foreigner investor.
ROI 20 years is a huge risk.
The frequency of policy changes in thailand every year is to great to justify this gamble in my humble opinion.