The Thaksin House
In a number of locations Thailand you will find them, the cheap homes initiated by former Prime Minister Thaksin. It has certainly not become a success and in a number of places the complex has become a kind of ghetto.
Making a private home accessible to the average Thai was the underlying idea of the now exiled former prime minister. These are fairly small houses with a second floor and a garden the size of a postage stamp.
Hut by mutje, the houses are on top of each other and you can hardly imagine that the Thai, who are used to some space, especially in the countryside, will feel at home there.
Cost picture
With a deposit of only 3.000 baht you can move in and if you have paid 25 baht per month for 2.600 years, the tent is paid off. A cash purchase is of course also possible, but then you have to put 390.000 - now hard baht - on the table. Given his amassed fortune, you can assume that Mr. Thaksin Shinawatra can count quite a bit.
Some market research into the feasibility of this project would certainly not have been a luxury and might have put the plan on hold.
But if you are swimming in the money, these kinds of projects are nothing. It's just a toy where you don't run any financial risk yourself, because the community bears the risk anyway. At the end of the ride, as a resident after 25 years, you have paid exactly double the price, namely 780.000 baht. Just do the math: 25 x 12 x 2600.
The Kok Udom project
The town of Kok Udom is located near Kabin Buri and a similar project was also realized there a few years ago. You do business on a large scale and not that tiny one. So we immediately built 400 homes, because if you are going to build, do it immediately in numbers, that will reduce the construction cost, won't it?
At the moment, less than forty of these initially built 400 homes have been sold. The weeds and grass are rampant around the streets with empty houses and the whole thing looks somewhat frightening.
Why not start with twenty homes first? If there was enough interest, it could have been expanded after that. Wouldn't anyone….. No, let's not have an opinion, nor a bad thought.
Now it is not entirely true, about 200 have been built here at Sungnoen, and I have been to look for our son and girlfriend, and possibly an extension for a food shop.
Now in less than half a year, there were still about ten on offer, and the rest had already been sold, and the ones left were not the most attractive places, so it was not done.
And now all sold, so what is not attractive for a Thai
Right Henk, I also live in Sungnoen, and we went to have a look last year, our son and his girlfriend were also interested in opening a shop there.
But there were still a handful on offer ( not a favorable spot ) and the rest were sold in no time.
Unbelievable how small it was, what the living room had to be, you couldn't even fit a couch, but plenty of candidates.
Maybe also because there are a lot of factories here, and a lot of rentrooms, so maybe a reason to buy something permanent
If you also multiply the mortgage in the Netherlands and Belgium, you have paid for the house more than enough.
This has nothing and nothing to do with Thaksin or do you think that our policy people, led by the highly praised Bos en Kok and even Den Uyl in the Netherlands and the big sossen in Belgium with the murdered Andre Cools and other Spitaels, are the so-called “social housing ”really free gifts?
This housing policy has been in Thailand for more than 20 years and you should go and find out what has messed up Chuan Leekpai and his gang, among others.
However, there is too much supply than demand and indeed the Thai from the outside do not want to live in a ghetto, but the Thai who can afford it want the largest possible house on the smallest possible piece of land (Prestige also plays a role here)
Well, as with so many of those government projects (especially those of T) it is not the intention that they have the function, but that someone “earns” (= fills their pockets) a lot of money with it. The contractor of those houses has just been paid!
You see them everywhere in Thailand, in some cases it seems to be going well, in most cases they are empty or it has indeed become a ghetto (which was to be expected of course).
I had never heard of this project and have no idea how big or small the houses are, but in principle it doesn't seem like a bad idea. 2600 baht does not seem unreasonable to me in any case. Of course there are some question marks because when I see how quickly newly constructed buildings age in Thailand, the question is whether the houses will last 25 years.
In the early days of Thaksin, the monthly repayment was 900 baht per month.
I have actually seen these…(as the writer puts it)…tiny houses, and so have the many Thai owners of such a tiny house. Before agreeing to the purchase of such a house, these Thai buyers could view a similar model home that had already been completed with a row of approximately 10 to 20 houses built in a row. I have been to such a house myself, and I have to be honest...it is not a family home. Here in our province, these homes are very popular with one and two-person households, and Thais who have their work nearby, and whose family lives hundreds of kilometers away elsewhere in Thailand. I spoke to one of these few who bought such a house as a reason to be close to their work, take a female into the house every now and then in the evening, and return home on Friday evening after work to their wife and children who live elsewhere and far away. faithfully wait for their beloved breadwinner every weekend. Early in the evening on Sunday we say goodbye to the family again, and the faithful breadwinner goes back to his little house here in our province. I talked to this man, and he was very pleased with his gnome house. He then said that when his son is 18 years old, he can go to university in Khon Kaen, and an apartment at the university is then unnecessary, because his gnome house is 8 km away and his son can go by motorcycle. touring back and forth every day. It is true that there are sometimes entire families in such a house, but in the soi where I live, there is a house with one room and a Thai toilet a little further away. Two families (13 people) live there and the cargo bike also goes inside in the evening, due to... possible theft.
So overcrowded housing is nothing new in Thailand. The larger the rental house, the more Thais move in and together the monthly rent or mortgage will be paid. That “Thaksin” should now be blamed for this again is a bit exaggerated, reminds me more of the smear campaign against Wilders at the moment.
To conclude my long story, because I have been living in Thailand for more than 13 years, I do not see any concrete improvements in Thailand after “Thaksin” was dropped.
this is only a small minority. If you go off the beaten path and cross the outskirts of this huge city of BKK - take a new bus line and see where it ends - you will see half or partly finished "moo track" or tower blocks or approximations of them everywhere. The BMA or other agencies also often offer their employees housing, often in the middle of the rice fields such a block (usually those 3-storey shophouses), which has sometimes been accepted, sometimes not.
The Thai word for this is KeHa=KH, which is from Communal HOusing. because there are 100s of them, usually followed by ”of the faifa/prapa=electric/water” or whatever.
The HAPPYLAND neighborhood behind bangkapi) was the first of its kind—planted right after the war in the middle of rice paddies for city workers. they were happy with it then.
To come back for a moment about these “Thaksin Mini Houses” where in this report it is written as follows…
…Costs…
With a deposit of only 3.000 baht you can move in and if you have paid 25 baht per month for 2.600 years, the tent is paid off. A cash purchase is of course also possible, but then you have to put 390.000 - now hard baht - on the table. Given his amassed fortune, you can assume that Mr. Thaksin Shinawatra can count quite a bit.
If you see how the average Thai deal with a rental or owner-occupied home.
After about 3 years you no longer recognize the house (indoors). Most things that break in the home are rarely replaced or never repaired!
Suppose such a “Thaksin house” will be taken back early by the bank,
then they will never lose that house.
Know someone who bought 2 and more or less 'glued' them together. But then again I think that for that money you have a nice detached house and quite a bit of land. Maybe you didn't think it through very well.
robert 2 houses together about 800000 bath I can't find a reasonable piece of land with a detached house for that 2000000 is more suitable
Will you let your Thai wife do the negotiations then? That would explain a lot. 😉 (Just kidding, although you wouldn't be the first farang to pay way too much that way).
Location, location. I don't know what location you're referring to with the 2 million. Whoever has those 2 cottages lives near Phitsanulok. You can buy a nice piece of land there and have a beautiful (teak) house built for under a million Baht. If you are Thai then.
thanks robert next week i will go to thailand again and look around phitsanulok i looked around khorat those are some different prices
regards jay
If you want to have a house for a reasonable price, you should look further, here in and around Sungnoen 35 km from Korat, there is already a reasonable piece of land (in name) with a nice house for sale, for 1.000.000 bth
Hank ,
for some time now there is a plan to settle in Thailand and then think
to the Korat area,
well known to me over the years now,
live in Canada,
but am the last 6-7 years s,winters mostly in Korat.for 4-5 months.
as you say for a 1.000.000 baht there is a nice house including the ground
I think this is very reasonable and would fit in with my idea.
ask; Are these houses built on ry or also with some garden space?
how many rooms? bathrooms 2 ?
2 floors ? or single bungalow type?
is it a guarded entrance where there is an entrance gate ?
is the land linked to a lease say 30 years?
It would be nice of you if you could reply
for example, thanks Joe.
Joe,
You can buy something at a park for around 1 to 1.500.000 baht. However, don't expect too much from this in terms of size. In a park you get a plot of max 250m2 with a house of approximately 100 m2. For your information, take a look at the following website
http://www.udonrealestate.com/housesale.asp
This agent offers properties around Udon Thani. You will then get a good idea of what a ready-made home in a park costs approximately. These kinds of parks and houses are undoubtedly also being developed and built around Korat. The houses of around 1 million baht (including land) are not big, but in Thailand you live outside for the most part, so that doesn't have to matter. A nice lot is important. On a lot of 250 m2 with a house of 100 m2 on it, you have little space left to build or otherwise use a nice hobby room.
If you buy something in a park, make sure it is finished. You won't be the first foreigner to buy a house in a park where construction is halted halfway through. The profit is then already in the pocket of the project developer or the sales results are disappointing. The result is that you live in a construction pit for the rest of the time.
Many parks are set up on a grand scale. Entrance gate with surveillance, gym, swimming pool, etc. It gives the park status and sells well. Unfortunately, these types of facilities also disappear in these parks after a number of years due to mismanagement or a lack of money; surveillance gone, gym closed and swimming pool is no longer maintained. Here, too, vigilance is called for. If no service costs are charged, you can be sure that these facilities will eventually disappear due to a lack of money. The project developer does not like to invest his profit in these kinds of facilities for free.
My advice: So if you really want something in a park, make sure that the park has been around for a number of years. This gives a good impression about the maintenance and stability of the management.
If you want to know more…
I don't have much of a view on it, but when I look at those pictures…. what a horrible mess. Who wants to live there now? Most Thai designers testify to tasteless copies of their predecessors. There are no real ideas of your own.
Give me 300 million baht and I will build a paradise with 150 homes.
Indeed, you don't have much of a view, 300 million for 150 homes, send me your plan and I'll participate, 2 million per home, you build a palace for that, but you have no land and don't touch the paving stones lost
We are now building 160 homes for 240 million plus our own land. I think it could have been a bit better. Fortunately, I know more about insurance.
Then if I were your website, I would probably call Apeldoorn.
LOL. The excess part is sold to Thai and an amount between 1 and 1,5 mill is well financed for people with a reasonable job. If it becomes more expensive, you simply will not lose those homes. It is important that the park is completed in one go. And if you also stick to the rules, you will receive a subsidy from the Thai government.
But as I read here, the problems are in the sequel. What will happen when it is in use for several years? Is there still a gym or a shop? Is it being kept clean or is no one taking off with the greenhouse? Doesn't your neighbor burn coals or the dirt every day? How many dogs does he have?
Can you buy a house for 1 million? Yes, that's possible.
I think you are better off buying a 3,5 mil house on a small park or like an acquaintance of mine for 5 mil in BKK.
If you still want to go on an adventure, find a piece of land somewhere and build your own toko with reliable contractors or workmen. Not easy either, by the way.
Just outside Nakhon Phanom (2 km.) 500 have been built.
Because I cycle around 20 km every day, I regularly pass by the project. Occasionally I drive through the many streets and then I certainly don't have a negative impression.
Indeed, several residents have bought 2. These 2 houses have been converted into 1 "chalet".
If you see how many Thais live in the old houses, I can imagine that they enjoy themselves here. Better than many people in the cities in their tenements.
And of course there are those who make a mess of it, but the majority look neat.
Furthermore, there are of course street restaurants and many other activities. (hairdressers, laundries, etc.) There is a shop and a kind of community center.
Furthermore, a central entrance to the park with a kind of park ranger.
Gerrit
Dear Robert, I don't know where you can buy a nice piece of land and also build a nice teak house for under 1 million baht. Live in a small village 17 km outside Khon Kaen and a rai of land here already costs 400 k baht. Of course you can have a teak house built for 600 k baht, but I can tell you that this is not going to be a spacious family home. I think you can build a teak house of just under 30 to 40 m2 for that amount. The real craftsmen who (can) still build this are almost all from the north and charge about 15 to 20 k per m2. A decent house of around 120 m2 will soon cost you between 1,5 and 2 million baht, probably more. These are prices that also apply to the Thai. Real teak is outrageously expensive, which is also the reason why the average Thai has his house built of bricks these days. In addition, it requires a lot of maintenance and the Thai certainly does not like that. By the way, neither does the average Westerner and that is the reason why you (unfortunately) hardly come across these types of homes anymore.
Guideline for the construction cost of a house by Western standards in Thailand is 10 k per m2 and then don't expect golden taps. I am not talking about project-based construction, but individual construction. This article also mentions amounts for 160 homes for 240 million baht, which is 1,5 million per home including land. Based on the fact that these are sales prices and also built by a Westerner, I dare to say that these are not grand villas; ie plots of max 300 m2 and houses of max 100 m2. I think I'm still overestimating it. I wonder if I'm right!!!!!
Idd small plague houses on little land but neatly built. Good facilities, nice location. Not expensive.
All the same unfortunately. It was not possible to make houses look different from a price point of view, plus that more expensive models did not sell fast enough.
I get it, Johnny, but there are still people who think that you can have a box of a house built in Thailand for little money (20 K euros). Those times are over. Even a Thai can't do it anymore. It might still be possible if you play the contractor yourself and hire subcontractors, but then you need A to have an understanding of business and B to be always present and perhaps also do something yourself.