If you have been following my blog, you will know that I have a friend who is an expatriate in Bangkok. recently, I have talked to him about owning property since the economy is slow and it would be a good time to pick up property.
My friend thinks the same too and is looking for property to buy in Bangkok. He says that he will purchase a townhouse in Bangkok, joint names with his girlfriend, who is Thai.
According to my friend, if he were to buy a condo, he could buy under his individual name but buying landed property, Thai housing law stipulates that foreign owned properties must be held at least 50% by Thai nationals.
Oh.... I believe in Malaysia, foreigners could own any property above RM250,000. That is cheap. Anyway, my friend's budget is also RM250K - RM300K for a three-story townhouse in Bangkok and according to him, it is way cheaper than owning property in Kuala Lumpur!
My friend thinks the same too and is looking for property to buy in Bangkok. He says that he will purchase a townhouse in Bangkok, joint names with his girlfriend, who is Thai.
According to my friend, if he were to buy a condo, he could buy under his individual name but buying landed property, Thai housing law stipulates that foreign owned properties must be held at least 50% by Thai nationals.
Oh.... I believe in Malaysia, foreigners could own any property above RM250,000. That is cheap. Anyway, my friend's budget is also RM250K - RM300K for a three-story townhouse in Bangkok and according to him, it is way cheaper than owning property in Kuala Lumpur!
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