Living in Bangkok!

[draven78eric]

Originally Posted by naemlo

Managing 1 shop is totally different from managing a chain of shops.

Of cos lah..but if were to work towards the money, need to sacrifice also na...but just one shop..also difficult lah..but if not greedy, and can get by the days and months...also good...less stress...enough use ok liao..

[naemlo]

Originally Posted by draven78eric

Of cos lah..but if were to work towards the money, need to sacrifice also na...but just one shop..also difficult lah..but if not greedy, and can get by the days and months...also good...less stress...enough use ok liao..

If want so much stress, stay in SG will be good. If want to semi retire then u will not want to manage 10 shops in Thailand

[Happyman007]

Originally Posted by draven78eric

After all expenses, if one shop can earn 30,000thb in profits...of cos not enough. but if branch out...into 10 shops/stalls then will be 300.000/ mth.

Originally Posted by naemlo

Managing 1 shop is totally different from managing a chain of shops.

Not sure if you know a restaurant name "Mix Restaurant" also got a branch in bkk T21......owner family from Lampang and he started this restaurant and spread fast to few more franchises including Bangkok and other nearby countries. Unfortunately both his 2 other franchises in popular mall Central Festival Chiangmai and Promenada Mall close shop recently after running it 3-5 years time.

Business in Bangkok or other neighbouring big cities maybe still ok, but CM really do not have that much middle class to support businesses.......normal people in CM eat 30-50 baht a meal food, only hand full willing to spend 100 baht above for a meal.

Like naemlo said, if want to do business and having so much stress, better don't live in CM but instead stay in Bangkok, HCMC, cumbodia etc. Chiangmai is for relax lazy tiko life style.

If really want to have passive income, don't buy land and sleep with chicken duck, pig etc (you can't own land btw)......just buy a few shoe box size condo and rental it out slightly below market price, easy money and maybe can get pretty Uni students as your tenant too

[yumm]

Originally Posted by Happyman007

Most of us here got Thai wife and kids, for my case is morning wife send to kids and she go gym and marketing......i wake up noon time wake for her to come back with food, after makan and kopi I go gym and pick kids after gym while she either stay home watch thai soap or go cafe with her own puying kaki.

Sometime I will meet sinkie for kopi & BCM day time and sometime night time meet for drinks at some local bar with SYT. Some days friend cook and we go gathering etc, quite a lot of things to do if u got a group of friends and your partner.......even a 64 retire uncle also can get a gf for 4 years or more, and now he's 68 and still going to gym with his gf.

Question (to those seniors with Thai wife):

Do you need to support her extended family? Heard some (horror) stories in which they were like leech n would suck your blood/money dry.

[youmee]

Originally Posted by draven78eric

Honestly from my opinion, its all up to individuals expectations.
If for me, mostly will be go to self-substain. Live just outside the city not too far, have a land big enough to farm hensx20, ducksx20, goatsx3, pigx2(Vertical shelter) few storeys, all sorts of veges/beans(vertical farming)
vertical to save space. Have a moderate pond size x 2 for prawn and fish rearing. All excess can sell to market or neighbours.

i like this idea. Do we need to have farmer license?

[Happyman007]

Originally Posted by yumm

Question (to those seniors with Thai wife):

Do you need to support her extended family? Heard some (horror) stories in which they were like leech n would suck your blood/money dry.

Thai is unlike sg whereby women can easily get well paid job. Also depend on the wife whether is she working in night life job as she need to support her family.

Most if not all of out wife are not from night entertainment therefore not so much case of wife sucking blood, but more stories of sucking other things

Is really depend on where and what kind of girls u got for wife.

My wife always ask me not to give so much money to her parent, I'm actually the one who feel she giving too little and too stingy on her family.....and a lot of my Kavalan collections goes to her dad and she always kpkb me for this

[Naka_Timo]

Originally Posted by draven78eric

Honestly from my opinion, its all up to individuals expectations.
If for me, mostly will be go to self-substain. Live just outside the city not too far, have a land big enough to farm hensx20, ducksx20, goatsx3, pigx2(Vertical shelter) few storeys, all sorts of veges/beans(vertical farming)
vertical to save space. Have a moderate pond size x 2 for prawn and fish rearing. All excess can sell to market or neighbours.

555, agreed with you. i think simple and carefree lifestyle enough liao.

[Happypcc]

Originally Posted by Happyman007

Not sure if you know a restaurant name "Mix Restaurant" also got a branch in bkk T21......owner family from Lampang and he started this restaurant and spread fast to few more franchises including Bangkok and other nearby countries. Unfortunately both his 2 other franchises in popular mall Central Festival Chiangmai and Promenada Mall close shop recently after running it 3-5 years time.

Business in Bangkok or other neighbouring big cities maybe still ok, but CM really do not have that much middle class to support businesses.......normal people in CM eat 30-50 baht a meal food, only hand full willing to spend 100 baht above for a meal.

Like naemlo said, if want to do business and having so much stress, better don't live in CM but instead stay in Bangkok, HCMC, cumbodia etc. Chiangmai is for relax lazy tiko life style.

If really want to have passive income, don't buy land and sleep with chicken duck, pig etc (you can't own land btw)......just buy a few shoe box size condo and rental it out slightly below market price, easy money and maybe can get pretty Uni students as your tenant too

Hi sir,
I have some enquiry about the shoe box size condo. Does it mean like those small size condo (eg 600+ square feet ) such as studio type? How much rental can fetch in prime area?

[naemlo]

Originally Posted by Happypcc

Hi sir,
I have some enquiry about the shoe box size condo. Does it mean like those small size condo (eg 600+ square feet ) such as studio type? How much rental can fetch in prime area?

Hello pcc, no pcc this morning? If u are talking about property in BKK, it depends on location, size and quality of the condo. Assume a 50++ sqm condo by "life" developer in upper sukumvit, rental will be about 20-25k. Prime area like Chitlom, will be about 40k.

BTW 600+ sqf is considered "big" by SG standard. 600+ sqm will be 2 rooms type. An example, life@huaykwang, about 60sqm, 2 rooms unit is about 25k.

[Happypcc]

Originally Posted by naemlo

Hello pcc, no pcc this morning? If u are talking about property in BKK, it depends on location, size and quality of the condo. Assume a 50++ sqm condo by "life" developer in upper sukumvit, rental will be about 20-25k. Prime area like Chitlom, will be about 40k.

BTW 600+ sqf is considered "big" by SG standard. 600+ sqm will be 2 rooms type. An example, life@huaykwang, about 60sqm, 2 rooms unit is about 25k.

Thank you for the insights.
The 50++ sqm is shockingly small. How much was the estimated market price now? It seems to fit single working professionals

[Happyman007]

Originally Posted by Happypcc

Hi sir,
I have some enquiry about the shoe box size condo. Does it mean like those small size condo (eg 600+ square feet ) such as studio type? How much rental can fetch in prime area?

Thailand shoebox size can be as small as 25-30 sqm studio or 30-35 1 bedroom type, rental depend on location and developer project if it's luxury or normal condo. usually annual rental yield around 3-6% but again depend on location and other factors.

[Happyman007]

Originally Posted by Happypcc

Thank you for the insights.
The 50++ sqm is shockingly small. How much was the estimated market price now? It seems to fit single working professionals

example.........

https://www.facebook.com/NationNews/...55331087646937

Khun Google is your best friend for info......

[Happypcc]

Originally Posted by Happyman007

example.........

https://www.facebook.com/NationNews/...55331087646937

Khun Google is your best friend for info......

Thank you very much boss for sharing.
The price not cheap for a small box. Too bad landed was not allowed for foreigner.
😢😢

[draven78eric]

Originally Posted by naemlo

If want so much stress, stay in SG will be good. If want to semi retire then u will not want to manage 10 shops in Thailand

Yes yes....ultimately plan is to relax and semi retire in slow pace places...

[draven78eric]

Originally Posted by funboi

To be a farmer.... u need to own lands! 55555 thats the biggest problem because not thai. Unless wife family have lands too much doing nothing waiting magic to happen. Sometimes even at country areas there are cases of bullying n sabotage on lands by mafia, neighbors and act of god. I heard cases where they pour something into rice field to spoil the harvest.

Im not sure either...for myself, have bought car, house and land under thai wife name, and all asked her if she married, and replied yes and ask for my passport and put my name in all these item's documents. **not as owner
What i know if i not wrong, they now have this rules, for marriage (with proper marriage certs) All assets or valuable things purchase after marriage, if in the end, have problem need to seperate, can ask for Court orders to get things to sell off and split the monies. though the land and house we as outsider is not the owner.

The more lao jiao pii can correct me if im wrong in this matter as not want to mislead the others too...i myself is puzzle on this issue too..