From the fragile economy and inflation affecting the trend of buying second-hand housing that has become an interesting option and meets the needs of people who want to have a house with a limited budget in this era. Let's take a look at the advantages of second-hand houses - condominiums that should not be overlooked.

While the Thai economy is in the process of recovering from various positive factors that will stimulate in 2023, but the purchasing power of consumers in the housing market still requires government measures to support their purchasing decisions during the time when challenge like this

after real estate developers reveal the direction of increasing the price of newly constructed residential projects As a result, second-hand housing has become an attractive option for those who want to own real estate at this time.

Information from the Real Estate Information Center The Government Housing Bank (REIC) revealed that at the end of the fourth quarter of 2022, the second-hand housing market announced a 13.4% increase in sales compared to the same period last year. Most of which have expanded in the price group, not more than 3 million baht.

This is in line with the transfer of ownership of second-hand housing during the 11 months of 2022 with a significant increase in the price group, not over 3 million baht as well. This is a result of measures to reduce ownership transfer fees and mortgage fees for homes priced no more than 3 million baht, covering both first-hand and second-hand housing.

In recent times, sellers and investors with goods in hand have brought more second-hand homes for sale. in order to respond to the demand that is available in the market right now

DD property Advised on considerations and inspections before deciding to become an owner. for you to choose to buy real estate Second-hand real estate can be confident, worry-free, without fear of being deceived. Second-hand real estate has advantages and strengths that consumers should not overlook as follows:

Get a house at an affordable price

Increase the opportunity to negotiate the price. The key factor is the price that fits your budget. While the purchasing power of most consumers has not recovered as before. Causing many people to consider second-hand housing that has become an attractive option in this era When depreciating according to use, the house / condo Second-hand still has a lower price. While comparing the price per area, it also has more usable space compared to first-hand houses / condos. In addition, it is possible to negotiate a satisfactory price directly with the seller. Enables consumers to own second hand homes that are in perfect condition. and help save costs

Getting the right house in a rare location

a prosperous location There are facilities in the area. Supports various journeys and there is an electric train project passing by As a result, the demand for housing in that location is also higher. especially in Bangkok in the real estate market Fierce competition The increase in land prices, combined with the new round of land appraisal prices effective from January 1, 2023, has caused construction costs, especially new projects, to increase. Second-hand housing therefore becomes an attractive option for those who want to buy a residence in a prime location or a prosperous location where first-hand projects are difficult to find. While second-hand housing has more options and styles in that area.

See the real thing, no need to measure your fortune.

Buyers can see the actual home condition and surroundings in detail. including neighbors next door You don't have to wait and see after the construction is completed like a new residential project. In addition, the house / condo Second-hand items are often refurbished. or there may be free furniture Consumers can spend more time considering details or planning new additions more easily.

Meet the needs of home decoration

Most of the second-hand houses that have been built for a long time are the old construction system, such as being built with bricks and plastering. Unlike the current construction of new residential projects that are constructed with lightweight brick walls. and precast concrete walls with different strengths and durability And brick walls withstand all weather conditions in Thailand as well. Therefore, it is suitable for those who have plans to expand and modify their residences. Or those who like to decorate their homes by themselves

Source:https://www.bangkokbiznews.com/property/1052745

Date 14/2/2023