Condos and houses for rent and for sale
For living space, there are three main options in Muang Thong Thani:
The condos in the Lakeside section are nicer and more spacious, but the occupancy rate is low in those buildings, though security is passable. Occupancy rate is low. Thousands never sold, still owned by the development company. Many were bought by speculators for resale or renting out, but who went bust instead. Quite a number were bought by Chinese people in Hong Kong shortly before the China takeover in 1997, but they haven't moved in afterwards. Contact information is outdated and they don't even visit, but we can find them. Altogether, most units have never been occupied since they were built. Of the units that have been occupied, there are many really nice condos, often occupied by luxurious minded high society people who bought the condos when they thought MTT would be a trendy place. At any given moment, there are a few units available for rent or purchase in various buildings.
Most are 2 bedroom, but some 3 bedroom models also exist. Most are 85 to 100 square meters (roughly 850 to 1000 square feet), but a few buildings have cheaper 55 square meter units. Starting prices for the 85 square meter units is less than $ 50,000. For the 55 square meter units, they get a lot cheaper than that!
(Our office is located on the street level under one of these Lakeside condos.)
The "Popular Condos" are downscale and older relative to the Lakeside Condos, and are cheaper Thai housing. They are studio and 1 bedroom models, very small compared to the Lakeside units which are all 2 and 3 bedroom. Nonetheless, many expats live over there, such as English teachers in the various international schools in the area, and guys and gals who just like this suburban location and its conveniences. The buildings near the market are fully occupied, but the buildings further away from the market were built later and many have low occupancy rates. You can buy many of these for less than $10,000.
This photo shows the number of Popular Condo buildings -- behind the elevated expressway and the Impact Arena and Exhibition Center:
Photo taken from down the expressway:
A closer photo of the left side section of the photo above:
The condos in the Popular section have a much wider selection of shops and food within very short walking distance. The Popular section has a much higher population density, which makes many single females feel completely safe. Vacancy rate is very low, and it is not easy to find a good condo over there, even though there are about 24 (?) blocks of condos. Each block is almost exactly square, and has an open aired central courtyard inside.
Photo of Popular section:
I like some of the quiet and less trafficked units a little further down the street.
See also our section on Houses and Land.
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