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Condos for rent at unbeatable price (all are rented now)

We have fully furnished studio at 7xxx, one bedroom at 9xxx and two bedroom unit at 12xxx Baht per month only. But this is only one time and last till units are not rented.

Please call us for more details at 86-324-2456 or E-mails us at info@mpscondo.com

Where and how to pay Water, Electricity and Internet Bills

สถานที่จ่ายและวิธีการจ่าย ค่าน้ำ, ค่าไฟ และค่าอินเตอร์เนท

Electricity Bills:

The meter reading is done in first week of every month. Normally between 2nd to 5th of every month. Then the bill is send to each mail box between 10th to 12th. As soon as we get the bill, we need to pay immediately at 7-Eleven. They (at 7-Eleven) will accept the payment before the dead line only. Normally deadline is about 13th to 15th. So we have to make sure that bill is paid before that. If  dead line is already pass, bill can be paid at Head Office of the Electricity department, located at Klong Toy area. This is not so easy for foreigner.  Therefore it is very important to pay before deadline.

In case you have not yet paid at head office till beginning of next month, you will get a notice of power cutting. Then need to pay extra and will be more difficult to deal with.

Water Bills:

Water bill is coming from the office of management, in first or second week of every month. This bill must be paid at management office only. Not an issue for paying one or two days later. But it will keep your records clean if you pay on time.

Internet/Wireless Internet Card

The wireless internet card can be purchased at management office and need to pay there too. If someone wants to have a broadband connection, there are two choices. One is TOT and other is TRUE.

TOT comes with fixed line and internet but TRUE can provide internet, not the fixed telephone line. The prices of both are almost same.

TRUE: 900-9000

TOT:

TRUE internet is only available at Phase 1 and Phase 2/1. In phase 2/2 not yet. Waiting for the management committee  to make it final.

Internet & Telephone/อินเตอร์เนท และ โทรศัพท์

There are two service provider of internet. One is TOT and other is TRUE.

TOT is providing internet with their fixed line telephone no. There are several packges, starting from 490 baht per month, for the speed of 4Mbps.

TRUE will provide only internent connection. They are not allowed to provide fixed line. Their pacages starts at 599 Baht for the speed of 5Mbps.

If you do not want an internet but only the land line then we need to pay almost 3000 Baht to TOT, but if we take with internet then need to pay 599 Baht per month and this is one year contract.

TRUE internet is only availabe at Phase 1 and 2/1. The phase 2/2 will only have TOT.

For more information, can contact to the management office of each phase or TRUE call center at 02-900-9000 and TOT at 089-300-4218

NPA property sales in 2010 remain steady

The Housing Finance Association expects non-performing asset (NPA) property sales to be the same as last year as commercial bank liquidity remains healthy, says president Kitti Patpongpibul.

In addition to strong liquidity, banks had high profits so they do not need to accelerate sales of their NPAs, he added. The association expects 2 billion baht in sales from next month’s NPA Grand Sale, the same amount as 2009.

As of April, NPAs for commercial banks declined slightly to 133 billion baht from 138 billion last year. Though sales were higher, new NPAs entered the system.

Non-performing loans at the end of March were 4.97%, a slight decline from the end of 2009, said Mr Kitti.

Chatchai Payuhanaveechai, the HFA’s secretary, said political problems and the European public-debt crisis had slowed domestic investment, ensuring ample liquidity.

He said a rise in interest rates was expected at the end of the third quarter or early in the fourth quarter as the inflation rate is now 3-4%.

A rise of one percentage point in the interest rate would result in a 7% higher average monthly home loan payment.

“We’re now in the beginning of a new cycle of increasing interest rates. For the next three years, there will be a total increase of 2-3%,” he said.

He said the housing market this year would grow by between 5% and 8.5% with sales of 74,500 to 76,500 units, while housing loans would expand by 10-12% as buyers took advantage of property tax incentives that expire this week.

This year the association plans to hold the NPA Grand Sale from July 9-11. Offers available will include discounts of up to 60%, interest at the minimum retail rate minus 3%, or 2.5% and a waiver of the transfer fee.

  • Published in Bangkok Post: 29/06/2010 at 12:00 AM
  • Newspaper section: Business

Chinese train firm considers BTS link

Vietnam metro lines hold best potential

LAEM CHABANG : Changchun Railway Vehicles Co (CRC), China’s largest train manufacturer, is in talks with Bangkok Mass Transit System (BTSC) about joining with the BTS Skytrain operator to develop projects outside Thailand.

BTS is highly competitive and offers strong technological capability, says CRC chairman Dong XiaofengCRC chairman Dong Xiaofeng said the company had seen an opportunity for jointly developing international projects with BTSC in countries such as Burma, Vietnam, Malaysia and Laos. Continue reading Chinese train firm considers BTS link →

BRT Google Map

Click the link below to get the google map of BRT Bangkok.

ttp://maps.google.com/maps/ms?hl=en&ie=UTF8&oe=UTF8&msa=0&msid=116480606892254086046.000487b2c2bb6e6da6a2f

More Info and future plan of BRT Bangkok.

http://en.wikipedia.org/wiki/Bangkok_BRT

Will Thai property market join Asian boom?

Economic booms and property bubbles normally go hand in hand, and so with growth accelerating around Asia, we are already seeing the beginnings of some property booms around the region. Back in April, the International Monetary Fund’s (IMF) Global Financial Stability Report warned that residential property markets in many Asian countries were in danger of overheating – notably the markets of Hong Kong, China, Singapore, South Korea, New Zealand and Australia – with prices now above pre-2008 levels.

So what then is the outlook for Thailand’s residential property market? Are we too headed for a boom? Booms are generally concentrated on the commercial centres and Bangkok experienced its last boom just prior to the 1997 financial crisis. Continue reading Will Thai property market join Asian boom? →