Recent content by watchTheMap

A practical approach is to make two budgets after the inspection: a normal first year and an unpleasant one. Put the first mortgage payment, moving quote, service charges and essential furniture into both. Then add the inspection’s urgent items plus the insurance excess to the unpleasant...

What does “needs updating” mean here—cosmetic finishes, or items that could affect cost and insurability? That changes whether THB 41,554,800 is simply a negotiating position or already generous. I’d also ask whether the price has changed during those 48 days and whether the seller has a...

The detail that changed my view was how many stages sit outside a broker’s control. A broker can chase a response before the offer deadline, flag the relevant local requirements and escalate delays, but cannot make the lender, valuer or attorneys act. I would judge the quoted scope by whether...

And I would recalculate using conservative figures. Compare the modest increase you would actually request—not the full THB 6,640 gap—with the total cost of even a short vacancy. That probably strengthens the case for a restrained adjustment, unless comparable apartments are demonstrably letting...

I agree with offering a clear proposal, but two options can become awkward if they imply different commitments that are not properly documented. Keep it simple: one rent for a defined renewal period, subject to the lease and local requirements. If flexibility is important, discuss it separately...

The gap is THB 6,640 a month, or roughly 8.3%. One vacant month at the current rent would consume almost a full year of that increase, before refurbishment or letting costs. I would favour retention: confirm what the lease permits, then propose a smaller adjustment with proper notice rather than...

There is another problem with “well-presented”: it can conceal pricing. A renovated condo may move in 38 days because the seller accepted the market early, not because buyers suddenly value condition more. Can the data separate physical condition from initial asking-price realism?

Sample size and property mix matter too. Are these mostly similar condos, or are new units, resales, different price bands and various parts of Bangkok being combined? A small cluster of clean, correctly priced condos could pull the average down without indicating a wider shift.