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The Thailand Condo Vs the Thai Apartment

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Apartments Vs Condos is Written by Neil (Director of EasyHomes )

There are are some differences worth noting between renting a Thai apartment and the Thailand Condo. Which one will best suit your needs? Click here to Search for Thai Apartments & Condos Now, or keep reading this piece.

Some Expats Prefer the Thai Condo over the Thai Apartment. Why?

If like me your are from Europe or the UK then the difference between a Condominium or Apartment can be confusing. In the UK we tend to call such properties Flats, as they are generally on just one level, although you can get split-level, duplex or double-decker versions of course. Other parts of the world have similar colloquialisms for these types of properties, but universally they are known as Condos (condominiums) or Apartments.

Why does Thailand Distinguish between the two?

Thailand is a Developing Country and as such has decided to adopt many ideas from the Developed World in order to organize its growing economy and society, and also to help it expand towards its ultimate goal of being classed as 'developed'.

Therefore, through all parts of life, culture and the economy, including political structure of the Thai Government and legal structure of Thai Law, Thailand has borrowed ideas and methods from the US, Europe, UK and Japan. You can easily witness this on a daily basis in all parts of Thailand and one quaint example is the use of red Post-Boxes with black bases, as is traditional of the UK Royal Mail.lineThe Concept of a Thai Apartment

When people first started moving to cities both in the Developed world and in the Developing world, they needed accommodation fast. So enterprising wealthy business people started to build mass housing. This was done in the forms of both Apartments and Town-Houses (we’ll get on to those later). So as it was in London and New York, it was the same in Bangkok. People moved to the big cities looking for work and a better life.

Of course, as many of these newly arrived residents had little or no money, but wanted to be near their employment, they demanded cheap accommodation. Bangkok city certainly has a job on its hands. At the same time, urbanization and congregation towards the city centers, factories and offices meant land prices increased and so would-be landlords decided that Thai Apartments were, and often still are, the best form of housing to build. Many people living in one big building segregated by internal walls and partitions.

Obviously the origin of the Thai Apartment has moved on in leaps and bounds in most cities, including Bangkok, since those early days. As the market has become more wealthy and sophisticated as have the Thai Apartments that people reside in. A lot of the Thailand accommodation we work with at EasyHomes are the Thai apartments projects. Many have wonderful facilities such as Swimming Pools, Fitness Studios, Security, Car Parking, Jacuzzis, Saunas, Steam Rooms, Golf Driving Ranges, Tennis Courts and Squash Courts.

Thai apartments are essentially owned by one landlord. He/she/or a corporation own the entire building and therefore ALL the units inside that building. These units are for Rent Only! You can not under any circumstances buy a single unit in a Thai Apartment block.

Landlords set their own rules which must be obeyed by all residents or else the landlord can terminate the contract and ask you to leave. The rules they can impose can stretch to the price of Electricity per unit, Water, Telephone or any other amenity or facility they offer. And often there is a premium placed on Utility bills.

So why are Thai apartments still popular? Well for a start most landlords are reasonably fair, they have to be, they have to go on market prices. Also many of these Thai apartments are well located close to people’s work, shops, malls, restaurants or the BTS or MRT lines in Greater Bangkok. Added to that, many Thai apartments are cheaper per square meter to Rent than Condos, which are covered below.line Concept of the Thailand Condo (condominiums)

A typical Thai condominium is also part of a large (or very large) building. Like a Thai apartment it is one unit inside a building which will house many units, perhaps many hundreds of units. However the big difference is all these units are owned by individual landlords. The building was not built by a person wishing to rent out all the units, it was built by a developer wanting to Sell all the units to individuals. It us up to those individuals what they do with the Thai condominium they purchase.

Many Thai condo owners in Bangkok opt to live in their property as they can have access to great facilities such as Swimming Pools, Fitness Studios, Security, Car Parking, Jacuzzis, Saunas, Steam Rooms, Golf Driving Ranges, Tennis Courts and Squash Courts. Many of the condos Bangkok has to offer are often in superb locations such as Nusasiri Grand Condominium which is actually linked to the Sky Train at Ekkamai station.

However, fortunately for many foreigners who are looking to rent, not buy their thailand accommodation, there are a good number of Thai condo and Thai apartment rentals on the market to chose from.

The advantages associated with a Thai condominium over the Thai Aparttment, are mainly the cost of the utility bills. A condo landlord is not allowed to place a Premium on any bills, which means all the bills will be direct to the utility company and therefore the cheapest rate available. We often see that our clients who wish to rent for 12 months or more, find that the condos bangkok has to offer are far better value for money than the Thai apartments. lineThe Bangkok Service Apartment (Serviced Apartments)

Bangkok Service Apartment is a sort of cross between an Thai Apartment and a decent Hotel. They are often luxurious and will provide daily or weekly maid cleaning services, laundry services and dining services. They will also offer short-term leases as low as a Month, Week or even Day. These are the main differences between a Bangkok service apartment and an standard Apartment project. But what differentiates it from a Hotel is that the units are often much larger and they will have a choice of types of unit ranging from Studios to Penthouses depending upon the building and your budget. If you're looking for Bangkok luxury apartments, then the serviced options are usually the ones to go for. lineThe Thai Town House

Like the Thai Condos and Thai Apartments they are a practical solution to the City Center problems of overcrowding, expensive land and commuting. Like condos they are individually owned and the utility bills work the same way. However there is less choice in the market, and locations and facilities are generally inferior to those of condos or apartments. What you will get though is a lot more space for you money, but without the convenince of location.lineThe Thai Detached Houses

Finally Detached Houses, not to be left out. These are not often found in the City Centre and when they are can be a very costly Bangkok property to Rent or Buy. They are individually owned and all the utility bills are direct without any premiums. However there are indeed hidden costs when renting. When renting Bangkok condos, Thailand apartments, Bangkok Service Apartments, and even many Town Houses in Bangkok, you are also paying for the local facilities to be provided and maintained. This is rarely the case with Detached Houses where you will have to provide your own Gardener, Security Guard or Swimming Pool technician assuming you’re lucky enough to have one

More Property Related Articles from EasyHomes.

 
 
 
 
 
 

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Quick Search for Thai Apartments Bangkok Condos or Houses here | Bankok Rentals Home Page

Thanks Neil, I'm sure a lot of folks will find that piece of great use.

Aitch
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