Gadfly Posted June 11, 2008 Report Share Posted June 11, 2008 No mistake in the title. I have now encountered this twice in the last two weeks: BGs a bit past their prime, but still tasty, taking up a new career as real estate agents. Maybe this helps answer that age-old question: what happens to BGs when they turn 27? Some - well, at least two - dabble in trying to sell condos to Farangs. One, formerly of Soi 33 (so maybe she is not really a BG?), even has a business card with a working office line. She has been pestering me for the past two weeks to look at condos in the lower Sukhumvit area. I thought she was only joking when she said she was selling Condos now. If I knew she was serious, I would not have said "yes" when she tried to set up an appointment. The second, a true BG (formerly of Rainbow 4 and with Buriam looks), is now also trying to sell condos. She doesn't have a card (well not yet, but give her a week), but she has print outs with stats and financing options. Where is she getting this stuff? I suspect I know the answer, and I am only annoyed I didn't think of this first. Who better to sell small single bedroom condos in the lower Sukhumvit area? These girls interact, in a very real sense, with the prospective customers for these condos more than any real real estate agents. There is certainly a glut of condos now in Bangkok. I guess I should really be surprised I did not to see this coming. Amazing Thailand. Link to comment Share on other sites More sharing options...
Man at Work Posted June 11, 2008 Report Share Posted June 11, 2008 I have always thought, Farangs were not allowed to own real estate?!?! MaW Link to comment Share on other sites More sharing options...
The_Munchmaster Posted June 11, 2008 Report Share Posted June 11, 2008 Can buy condos. Link to comment Share on other sites More sharing options...
Bangkoktraveler Posted June 11, 2008 Report Share Posted June 11, 2008 I have seen bar girls sell just about everything there is but selling condos ia a new one for me also. Link to comment Share on other sites More sharing options...
WorldFun Posted June 11, 2008 Report Share Posted June 11, 2008 this sounds a bit like the farangs doing time share surveys also at lower suk? how could this be connected & who will buy? Link to comment Share on other sites More sharing options...
USVirgin Posted June 11, 2008 Report Share Posted June 11, 2008 Funny you should bring this up. Here's an excerpt from an email I got the other day about the same thing occurring in a Soi 33 bar (first I've heard of it too). Names omitted to protect the innocent, but at least one member from this board was present. [color:blue]Our conversations become integrated when xxx lookalike called xxx tells us her day-time job is real estate and she might, all joking aside, be able to help me and xxx realise The Big Plan. Somewhat precociously, she admits to being occasionally fond of oral sex, masturbation and other habits not suitable for a family board like this - or did I mis-hear her? I try to cope with the problem about whether a real estate agent working in a bar is a GTG, a BG or a HAHG (half and half girl) but give up. We go home. Piddled.[/color] Link to comment Share on other sites More sharing options...
Faustian Posted June 11, 2008 Report Share Posted June 11, 2008 Glut of condos? Surely not...when i go passed the signs, they all say they are 'sold out'...and purchase prices keep rising, as do rents...a glut! Heaven forbid! Link to comment Share on other sites More sharing options...
USVirgin Posted June 11, 2008 Report Share Posted June 11, 2008 Failure rate for condos nears 50% By Itthi C Tan The Nation Published on June 10, 2008 The chance of failure for condominium developers in Bangkok has grown to almost 50 per cent as competition heats up amid a glut of fresh supplies, warned Aquarius chief executive Yongyuth Chaipromprasert. After conducting a study during the past five months, the building consultant said even inner Sukhumvit, an area once deemed immune to downturns, "no longer guarantees success". "The average take-up rate for Bangkok condominiums is now 54 per cent," he said. "That is considerably lower than about 70 per cent for last year." "Of the 50,000 units that are expected to be launched this year, about 46 per cent won't be sold," he deduced from recent statistics. "One out of every two developments could fail." "The inventory left over from last year should also add to current stock, making the situation even tougher for sellers, especially newcomers," he said. With 15,000 unsold units from last year and 25,000 units from this year, the market will have an additional 40,000 units to clear in 2009. Because of the worrying trend, he expected new supplies to fall to 40,000 units next year. Yesterday TCC Land said it was halving the number of new projects from 5 to about 2. Yongyuth said most of the buyers are in the outer zones where land is cheaper. "If developers can sell units for between Bt1 million and Bt2 million, they should survive. It is the large units which will find difficulty selling with rising inflation and oil prices," he said. Supharat Development managing director Sumet Sukapanpotharam agrees. "Even with the government incentives to boost home sales by suspending the sales and purchase tax, the developers who will benefit are those who have completed projects and can transfer the units within the year." "We are building for urban workers with limited spending power. There's no point selling expensive units when purchasing power has fallen," said Ananda CEO Chanond Ruangkritya. Ananda's Ideo Mix near Sukhumvit 103 is commanding sales as the units sell from Bt1.5 million. Yongyuth said the worst hit would be developers who bought land recently at high prices and were forced to construct at escalated costs. The Nation Link to comment Share on other sites More sharing options...
Damen Posted June 11, 2008 Report Share Posted June 11, 2008 Are you sure she isn't selling Condoms? Link to comment Share on other sites More sharing options...
loner w/a boner Posted June 11, 2008 Report Share Posted June 11, 2008 Are you sure she isn't selling Condoms? More like a timeshare. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.