Buriram Expats
Buriram Province - General Category => Free classifieds - For sale/for rent/wanted => Topic started by: GEOFFREY on May 04, 2018, 09:47:11 AM
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Hi all i have been offered a small piece of land approx 8 kilom from buriram
Its been filled already got some banana trees growing size approx 60 ft frontage area 1620 sq feet
or i was told 96 sanwa asking price 500.000 bart
it has road frontage water and electric
is this a fair price any Ideas appriciated
I was thinking maybe steel frame with insulated wall 2 story house for a economic build
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If 1620 square feet it has a depth of around 27feet approx 9 metres.
No way is it 96 tarang wah.
Going rate for agricultural land in the area is 200/250,000Bht a rai (1,600 square metres)
You have been asked a Farang++++ price. Reject!
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Approx 8km from Buriram, in what direction? Frontage onto what road?
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GEOFFREY .... as Prakhonchai Nick has pointed out, the dimensions of the block of land you've quoted (1620 sq feet) are 20m x 9m = 180 sq m = 45 talang wah
Go outside into your soi and pace off 20 steps long by 9 steps wide.
If you do this stepping out proceedure, you'll see it's a tiny block of land.
Without knowing exactly where the land is, IMHO it does seem very very expensive.
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As mentioned by smooth, and myself, it is important to know the location.
My wife and father in law own a largish piece of land 9kms from Buriram. There is frontage but only onto an unadopted road and 1km from the main Buriram - Nang Rong road. The prices of land have been going silly this side of town as people try to get a foot into the development that has been going on. My father in law was recently offered in the region of 1 million a rai.
Land with frontage onto the main road is going for 10 million a rai.
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That's a RIDICULOUS high price... for a very small plot far away....You can get much bigger for that in your area anywhere 8 km away . For 500 K i can buy myself a plot twice that size within the ringroad of the city.....compare it. This sounds wrong
Gl to you
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150 sqm or 37 tlw.
Putting a 2 storey house on that may not leave much room for parking any cars, and certainly not much of a garden.
I make that about 5.33m Baht per Rai.
Doesn?t sound a great investment and I might be concerned that the person offering me the ?deal? thought I had ?Farang Mug? stamped on my forehead.
Still, if it falls within Starman?s curtilage I could be wrong.
One of the first jobs on arriving in a Thailand is to take a look here...
https://www.siam-legal.com/realestate/thailand-convert-rai.php
Also, don?t make the mistake I made; land that I paid for had road frontage and electricity. What I didn?t realize was that it was high voltage and I had to instal a transformer to step down for domestic use. Pushed my budget up by 200k.....
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I live at Non Tacrong which is a small village approx 5 km outside Lam Plait Mat so just rice growing fields all around and no real development prospects in the anywhere near future. There is a plot of land next door to us which I wanted to buy when I moved over 4 years ago. Frontage is approx 20 metres and plot is approx 100m deep so around 2000sqm.
I offered 150k when I arrived which was initially accepted and a decent price for the seller. Next day price asked increased to 200k. I reluctantly agreed because I wanted the land. Three days later price increased to 300k. I said P**s off as clearly an attempt to take advantage of Farang.
A couple of months ago a friend visited and was interested in the plot. My wife went and asked how much for the plot. Owner stated 1.2million.
This doesn't in anyway help with your situation Geoffrey other than to reinforce the message that currently locals have ridiculously high expectations regarding selling land and those expectations seem to increase further if any Farang is interested.
Also be aware that when setting the asking price Thais tend to go high because they like to be able to tell others that they have land worth an amount regardless of whethervtheybcan actually achieve that price.
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+1 @Freddy.
Friend of mine wanted to buy land a couple of months ago in the same village as I am living now.
Found some land for sale, his GF asked the price 300.000 THB per rai (total of 5 rai), he declined it.
Wife found out last week that the same land was sold for 100.000 THB per rai to a Thai !!
The land our house is on is direct on the Main Road (Village access though ;) ) has electricity (no need for expensive transformers etc and we paid 75.000 THB per rai around 7-8 years ago.
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HI ALL SORRY IF LATE GETTING BACK BUT HAVING PROBLEMS LOGIN ON
from what i can re member i paced out 20 yards frontage on the road by about 36 yards depth
lady said 96 talang wah not understanding Thai to good
i have a copy of papers and according to misses its 96 what ever similar to sang or talang wah
the land is approx 3/4 kilometre off main rd approx 10 minutes from Robinson
cant give exact location as i do not know
their are a few other houses nearby
but faces rice fields its not a main rd just a concrete village rd at the front
has elec pole with meter for h/ next door s
does this help value a little bit asking 500.000 bt looking at conversion chart looks about 384 sq meters approx
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@Geoffrey
1 Rai = 40 x 40 Meters thus 1600 SQM (Square Meters)
You want to pay 500.000 THB for 384 SQM, that would make the price of 1 rai (500.000 / 384) * 1600 = 2.083.000,- THB for 1 rai.
VERY EXPENSIVE or Paeng Mark !!
Edit: Does it need Landfill ?? Or let me rephrase that, is the land lower then the road ? If so add another 100-200k to raise it.
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GEOFFREY ... I'm only an interested onlooker, but your figures are all over the shop.
1 - Initially you said it was 1620 sq feet. Now it's 20 yards x 36 yards = 720 sq yards (6480 sq feet)
2 - 720 sq yards = 602 sq m. (Don't know where you get 384 sq m from ?)
3 - 602 sq m = 150 talang wah. (Don't know where your missus gets 96 from ?)
4 - You say you don't know the exact location, but it sounds like you've been there ? Was it dark ?
There are guys on here that could possibly offer helpful info on the value of this land, but your fluid figures and vague location are quite confusing.
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The land was 8km from Buriram..now 10 mins from Robinson. 10 mins by car? Won't get far from Robinson on a weekend in a car in 10 minutes!
Situate in a village with rice fields all around. Suggest price should be in the range of 200/250,000baht a rai (1,600 sq metres) Anything over 100,000baht based on your revised measurements is, in my opinion, over the top[
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AGAIN THANKS FOR REPLY'S
Ok checked paper and conversion chart on computer 96 tarang wah = 384 sq meters
land has been made up about 2ft above rd level
dist and time to Robinson was by sat nav usual traffic
not dark when i looked but could not see a sign in English where i was only a blue spot on google maps in the mid of rice fields
i appreciate the price per ria farmland
but is this piece classed as being the same as it has water elec and road and has been built up
would it not be priced as building land or are all prices the same please
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Ultimately Geoffrey it depends how much you like the location and it's worth what your willing to pay. The starting price from the seller will always be high. Thais like to be able to tell others they have a bit of land worth half a million purely based on the asking price. ( I know I'm repeating myself but important to note when negotiating).
If you feel that the land is raised sufficiently and ready to build suggest you make offer around 3-350 and take it from there. Certainly don't pay the initial asking price unless you have absolutely got to have it.
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THANK YOU FREDDY FOR YOU ADVISE
OK now i have a base price to go on the land price
If i built a house i would like to have 2 bedrooms upstairs with a large veranda so i can sit out side with tables and chairs
so i can have a good view
has anyone built a house please where its a light frame construction ie steel on a raft
concrete ship lap outside plaster board or concrete board inside
with rock wool or expanded foam in the cavities for insulation
instead of trad blocks
i am looking to build as cheap as possible hence the questions
i have checked the fors & against benefit wise
but would be nice to have some advise from someone that has actually done some construction this way
regarding costs all replies appreciated thank you geoff
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Don?t buy.
Unless you have a burning desire to throw your capital into something that you can?t own, don?t understand and will never see a return on.
If you are trying to do it as cheap as possible - you won?t, and that probably means that you don?t have enough ?free capital? spare for a project like this.
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...don't know abou this particular village....do know i can buy 50 TW inside the city for about 400K.. at 3 minutes drive to trainstation. So every number i see pass by seems high to me..it's just a rather small plot in a village....GL
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THANK YOU JEROEN 1
It looks that what Freddy and you have said and based on you figures per wha
300k to 400k would be reasonable for a building plot
i have been offered a ria of land with a small new house on
partly filled for about 600k but it has a shared access
i could build another house on but could not sell in the future only rent
this is why i thought 98 wah with no restrictions would be better
it looks as if you are used to building houses any advise regarding light frame const house
following on from other comments its not a case of having no money
i wish to build as cheap as possible for all of the reasons outlined in comments
not put all my eggs in one basket as many others have done and then regretted it later
thanks geoff
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not that you should take this design but this a cheap way of construction.....typical farmhouse...electrics very basic. grey blocks in the wall. metalsheet roof.
i would not mind personally for myself. I do not wish to spend millions in Buriram that i can never get back in a sale..a house like this roughly 100 sqm would be around 700K i guess. GL
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THANKS JEROEN 1
That is an ideal sort of house at an ideal price
with your help i now have an estimated budget for house and land
which i can work on to negotiate with this particular seller i will keep you informed
again thank you for your help best wishes geoff
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Same to you....Keep us informed..would love to see what you build later on.
p.s. i would avoid using brick myself, They tend o suck up the heat in daytime and release it in the evening, making the house feel like an oven....i prefer grey blocks although many would advice against it. Build a 2 story house with those..No problem at all...
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i would not mind personally for myself. I do not wish to spend millions in Buriram that i can never get back in a sale..a house like this roughly 100 sqm would be around 700K i guess. GL
Here's one just finished in our Village ,2 bedroom's, Living Room, bathroom and laundry room,small inside Kitchen with a larger outside ( Open Sided ) kitchen at the back . Not the Colours I would chose !!! ...... but total cost of 480k . A cheap house can be built and with a few minor adjustment I could happily live in this one :)
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Nice house..Nice price....
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THANKS ALL
YES I AGREE A NICE HOUSE AT A SENSIBLE PRICE
MY LADY WOULD BE VERY HAPPY I AM SURE
REGARDS GEOFF
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If you want to use 14cm thick blocks they can be delivered from Korat at 10.5 baht each. I got 2200 blocks so delivery charge was included.
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Hey, new in here.
How much is the price for 1Rai between the racetrak and the road 226.
Lars (swed)
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No idea but would imagine a crazy amount.
Welcome.
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Hey, new in here.
How much is the price for 1Rai between the racetrak and the road 226.
Lars (swed)
If you are selling you are sitting on a goldmine. If you are looking to buy, good luck. The race track and football stadium, and everything that goes with it, takes up most of that area. Don't forget that the rear entrance to the track is actually on the 226. Any land that has not been bought and swallowed up by that facility probably is not worth having.
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Hey, new in here.
How much is the price for 1Rai between the racetrak and the road 226.
Lars (swed)
Why specifically there?
Almost nothing for sale in that specific area. Cross the road (land across the entry of the racetrack or land towards Big C for instance) and chances increase and prices decrease by a tenfold.
Ther is a plot for sale there somewhere ( the area you refer to). A couple of Rai , asking price was somewhere in the area of 80 to 100 million.... can't say that sound anywhere close to reasonable, but just stating what i've seen. if you go between BIG C and the racetrack, That makes everything a lot easier and you can easily find a Rai between 2 an 4 million depending n the location.
Across the 226 ( side of the temple , and the area across the entrance of the football stadium) is an area mainly owned by government, companies and army and temple. Gl to you
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BTW..ther is a 6 million Baht plot for sale there somewhere next to the football stadium. Seen it online. Don't remember where..
Check all the usual websites and you will find it if it is still for sale..was big enough to develop....
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Reply to #22 by Smithy, I like that house as well(but definitely not those colours), do you know if there are floor plans available for it anywhere, when I build that is about the size I want and just 1 level no more stairs for these screaming knees.
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I was thinking the same. Using the layout of the ground floor and 'attach' the top floor behind / next to the ground floor. Maybe I will have to modify it slightly, but then at least I have a start.
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Hi Guys, been offered 3/4 acre of residential land in Baan Nong Ya Keow for 200,000 baht. Power connected. Reasonable price?
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Strange you should have been offered land measured in acres. The unit of measurement here in Thailand is RAI. Nevertheless your 3/4 acre corresponds to 1.896964 rai, which at 200,000baht represents a good deal.
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1.9 Rai for 200 k ...nice....price of farmland with acces to electricity..Good deal i think. Dunno where it is but normal between 80 K and 200 K a Rai for what i've seen. anywhere close to uan urban area,
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The OP can confirm exactly what his PEA electric connection options and expense will be on that parcel if he takes the time to go in person with four items to the PEA Electric Four Story office building on Highway 2074. PEA electrical service connection fees (meter charge) can be quoted if you bring the "Land paper", a map showing the location, Your yellow house book or Thai person's Blue Book, and the Thai person would have a valid Thai ID. Your Thai spouse does not need to own the parcel to obtain a written price quote for temporary electrical meter for that site. The PEA will also give you in writing the price for what size meter is currently possible for what fee at that location. Just because electrical wires run by a parcel you can not assume the price for a meter to service your parcel. if bamboo poles are what you see at the parcel then assume it is only "temporary" electricity for another PEA customer. If you bring the four written items necessary for the PEA to quote a price to Ruangsangthai, one of the bi-lingual translators can accompany you to visit the PEA office and obtain accurate answers. Thank you Mr. Pichai.