Trongpai wrote:I have to do a double take every time I see billboards of these new condos along Sukhumvit, starting at "only 60MB
I have friends (rich!) who plonked down US$1 million for a flat in The Sukhothai Residences when the were first marketed. At that time it was the most expensive real estate in the city. Now that would be at the cheaper end of the luxury market. How much their changes and decor cost, I hate to think. Over the space of a year, they probably live there for no more than 8 weeks. The same seems to be true for many others there. So clearly a lot of the owners are based overseas. I wonder how true that is of other luxury properties now.