Hot Resale At The Golden Tulip - Foreign Quota

[wido]

On 29/9/2017 at 12:27, paulyd2k said:

still only a handful of contractors on site, they told me finish end of next year ,, thinking it wont be ontime,55555555, but the more it advances the more chance I got of selling the donkey....

The addendum they sent mentioned: all the conditions in the original contract are still valid and effective with the new names mentioned above. (note: this includes also the clausule in section 4: this completion date may be extended for another 6 months)

also the completion dates will be extended to December 2018 from the previous date mention in section 4  of the original contract.

 

[Evilfriar]

14 hours ago, wido said:

You will not find, everyone who bought in foreign name have already paid 60%...

I'm a bit more optimistic, I think he will find. I'm not sure what the developers price is, but I've seen more than a couple for sale sub 60k per sqm, that must be getting close to half price? And that's the asking price, may be able negotiate lower.

Some people maybe desperate to get out and willing to lose 100k is possible IMO.

I'm assuming that Nova has renamed the project to The Grand Avenue ?

Here's one from FB group

Cheap 72 sqm, 2 bedroom, 2 bathroom pool view unit in The Grand Avenue

฿4,200,000

Executive Residence

At only 58,430 baht per sqm this has to be one of best deals in Central Pattaya for capital appreciation.

Well proportioned 71.88 sqm 2 double bedroom pool view unit on the 6th floor in building F.

The unit is an "01" unit meaning it's a natural 2 bed with external windows into both bedrooms providing an abundance of natural light and direct balcony access from both the living room and master bedroom.

Comparable average prices in surrounding buildings are:

Centara avenue : 81,000 per sqm
City Garden: 75,000 per sqm
The Base : 110,000 per sqm

 

 

I think I saw somewhere the developer price is now 96,000 per sqm.

 

Cheers

[Evilfriar]

8 hours ago, wido said:

The addendum they sent mentioned: all the conditions in the original contract are still valid and effective with the new names mentioned above. (note: this includes also the clausule in section 4: this completion date may be extended for another 6 months)

also the completion dates will be extended to December 2018 from the previous date mention in section 4  of the original contract.

 

What's your feeling about that completion date?

2018 doesn't seem possible to me, but I'm not an expert by any means.

Cheers

[wido]

18 hours ago, Evilfriar said:

I'm a bit more optimistic, I think he will find. I'm not sure what the developers price is, but I've seen more than a couple for sale sub 60k per sqm, that must be getting close to half price? And that's the asking price, may be able negotiate lower.

Some people maybe desperate to get out and willing to lose 100k is possible IMO.

I'm assuming that Nova has renamed the project to The Grand Avenue ?

Here's one from FB group

Cheap 72 sqm, 2 bedroom, 2 bathroom pool view unit in The Grand Avenue

฿4,200,000

Executive Residence

At only 58,430 baht per sqm this has to be one of best deals in Central Pattaya for capital appreciation.

Well proportioned 71.88 sqm 2 double bedroom pool view unit on the 6th floor in building F.

The unit is an "01" unit meaning it's a natural 2 bed with external windows into both bedrooms providing an abundance of natural light and direct balcony access from both the living room and master bedroom.

Comparable average prices in surrounding buildings are:

Centara avenue : 81,000 per sqm
City Garden: 75,000 per sqm
The Base : 110,000 per sqm

 

 

I think I saw somewhere the developer price is now 96,000 per sqm.

 

Cheers

What the developers price now is, i not know. Because the units in farang name are sold out. The price of mine condo (47.9 sqm) on the first contract (2014) was 3,050,000 B. Nova Groupe gave me a good compensation too for the delay. I'm happy to hear you think the price is now 96,000 per sqm, but i think i will be not... maybe if its finished end of 2019 ;)

[wido]

18 hours ago, Evilfriar said:

What's your feeling about that completion date?

2018 doesn't seem possible to me, but I'm not an expert by any means.

Cheers

According to the contract they have to completed it on the half of 2019, but i think end of 2019.

In about 2 weeks i travel to Pattaya and try to find out more.

 

[davidge]

2020

 

Maybe.

 

Edited October 8, 2017 by davidge

[Evilfriar]

4 hours ago, wido said:

What the developers price now is, i not know. Because the units in farang name are sold out. The price of mine condo (47.9 sqm) on the first contract (2014) was 3,050,000 B. Nova Groupe gave me a good compensation too for the delay. I'm happy to hear you think the price is now 96,000 per sqm, but i think i will be not... maybe if its finished end of 2019 ;)

Damn mate, that's a long time to have to wait. A lot of money to have tied up and getting nothing for it.

Hope it all works out for you, at least now it looks like it will be completed, a year ago it might not have been looking good.

Cheers

Edited October 8, 2017 by Evilfriar

[wido]

21 hours ago, Evilfriar said:

Damn mate, that's a long time to have to wait. A lot of money to have tied up and getting nothing for it.

First, i don't need the money and second when you sell now you will loose a lot of money.

[paulyd2k]

On ‎09‎/‎10‎/‎2017 at 02:34, wido said:

What the developers price now is, i not know. Because the units in farang name are sold out. The price of mine condo (47.9 sqm) on the first contract (2014) was 3,050,000 B. Nova Groupe gave me a good compensation too for the delay. I'm happy to hear you think the price is now 96,000 per sqm, but i think i will be not... maybe if its finished end of 2019 ;)

how did you go about getting compensation for delay?.

[striderman]

pics update, all taken today

 

 

 

 

it is rainy season and in the last 7 days there has been a lot

 

 

 

 

Edited October 10, 2017 by striderman

[paulyd2k]

oh good the pool is finished,5555555

[wido]

Updates can you find on their webpage (not recently updates)

http://grandavenuepattaya.com/construction-updates/

http://grandavenuepattaya.com/august-2017/

[Evilfriar]

32 minutes ago, wido said:

Updates can you find on their webpage (not recently updates)

http://grandavenuepattaya.com/construction-updates/

http://grandavenuepattaya.com/august-2017/

Sadly nothing at all on completion date unless I've missed something.

 

Looks like it'll be a very nice project and it's an excellent location.

 

Cheers

[gimmesum]

On 3/28/2017 at 18:19, Swinga said:

The Nova group have sent letters trying to finance the project essentially trying to mortgage your non built condo yet. The current/former owner has not stuck there heads up to face customers. Weak little men they are, with fat wallets from screwing people. Kobi Elbaz is spending your money in Macau. I'm sure a Thai style accident may happen. You can't rip off that many people and walk this earth.

I don't know why people here don't protest in front of other projects by the same management/company.    It's one of the few things that can put pressure on.  Instead so many people just roll over to these people...wtf.

[wido]

2 hours ago, gimmesum said:

Kobi Elbaz is spending your money in Macau. I'm sure a Thai style accident may happen. You can't rip off that many people and walk this earth.

Every time i visit the Azure Centara hotel restaurant i meet him there, he's not in Macau. He spent many time there.

[Swinga]

8 minutes ago, wido said:

Every time i visit the Azure Centara hotel restaurant i meet him there, he's not in Macau. He spent many time there.

Off course he spends his time in Macau - gambling investors money. He lives a great life doesn't he

[Swinga]

If this guy owes you money - You can't be surprised.

 

 

[striderman]

2 hours ago, Evilfriar said:

Sadly nothing at all on completion date unless I've missed something.

 

Looks like it'll be a very nice project and it's an excellent location.

 

Cheers

i would say a minimum of 2 years for the site is so large and they are only just starting the hotel block at the front. i would say 3 years for that unit, assuming all goes well

[striderman]

16 minutes ago, Swinga said:

Off course he spends his time in Macau - gambling investors money. He lives a great life doesn't he

photo taken by me of the waterfront/tulip  car park sept 2013. the car with the a tulip logo  was often parked there. it is a benltey continental.

a very very expensive piece of kit so safe to assume it was for the use of the boss

 

Edited October 15, 2017 by striderman

[Swinga]

still stealing and living the dream...for himself

[striderman]

Just now, Swinga said:

still stealing and living the dream...for himself

it was 2013 things were much rosier then. the hiatus with waterfront did not begin till around august 2014

[Swinga]

Still rosey for him the pics I posed were from this year

[Evilfriar]

8 hours ago, striderman said:

i would say a minimum of 2 years for the site is so large and they are only just starting the hotel block at the front. i would say 3 years for that unit, assuming all goes well

Yeah, think your spot on mate. I really like the look and location and interested in buying a unit. Luckily I'm in no hurry so will be waiting till after completion. The way the market is going prices aren't likely to be rising in the next few years at least.

Cheers

[wido]

11 hours ago, Evilfriar said:

Sadly nothing at all on completion date unless I've missed something.

 

Looks like it'll be a very nice project and it's an excellent location.

Below a copy of the signed paper with the new completion date.

[Evilfriar]

Thanks for that info Wido, hope they get close to that date.

Cheers