150 Acres (379.25 RAI) in Bangkok, Thailand. What should I do with it? | FerrariChat
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150 Acres (379.25 RAI) in Bangkok, Thailand. What should I do with it?

Discussion in 'Asia' started by roro, May 24, 2008.

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  1. roro

    roro Formula Junior

    Aug 28, 2006
    843
    Houston, TX
    Full Name:
    Ro
    #1 roro, May 24, 2008
    We have 150 acres (379.35 RAI) of property in Bangkok. It is located near Phaholyothin Rd. near the Universities and the Mitsubishi Dealerrship/Showroom. Land value here contibues to rise of course.

    I just started looking into doing something with this land as it had been with family for a while now. In any case, I'm sure it would make a great campus for a University. Being in the USA, it is hard for me to oversee a project.

    I'm debating about selling the land or building a project on it.

    Does anyone know this area in Bangkok? If so, what do you think would go well in this area or know of anyone interested in developing the land?
     
  2. ferrariKP

    ferrariKP F1 Rookie

    Jul 29, 2004
    3,994
    BKK/ LOS
    Full Name:
    Kenny
    #2 ferrariKP, May 25, 2008
    A shopping complex with office buildings and condos.
     
  3. roro

    roro Formula Junior

    Aug 28, 2006
    843
    Houston, TX
    Full Name:
    Ro
    #3 roro, May 25, 2008
    Do you know any good developers that would want to do something on that land?
     
  4. superjohn

    superjohn Rookie

    May 9, 2008
    5
    Hong Kong
    #4 superjohn, May 26, 2008
    go contact a leading property agent, and ask them to value the property, and arrange a private auction or tender
     
  5. roro

    roro Formula Junior

    Aug 28, 2006
    843
    Houston, TX
    Full Name:
    Ro
    #5 roro, May 26, 2008
    Last edited: May 26, 2008
    Maybe going that route when I head to Bangkok in a few weeks. Thanks!

    Actually, it is 330 RAI (a little less than 150 Acres)
     
  6. TokyoF430

    TokyoF430 Karting

    Feb 9, 2007
    76
    #6 TokyoF430, May 28, 2008
    If I were you I would build go kart track and a proper race track! Think of all those guys in BKK who would like to release some stress right in the middle of town!
     
  7. roro

    roro Formula Junior

    Aug 28, 2006
    843
    Houston, TX
    Full Name:
    Ro
    #7 roro, May 29, 2008
    My dream would have been to open a golf course, but at this point in my life, I am about quick deals. I'll create a golf course one of these days.

    Has anyone been to NUMBER ONE Driving Range in Bangkok? I love that place and would be a dream to create and own one day.
     
  8. ghost

    ghost F1 World Champ
    Lifetime Rossa

    Dec 10, 2003
    10,046
    Singapore
    #8 ghost, Jul 10, 2008
    Build a 5,000 ft runway for General Aviation planes. - :)
     
  9. theera

    theera Formula Junior

    May 6, 2004
    669
    The Big Mango
    #9 theera, Jul 18, 2008
    That all wee need around here, another oportunity for more corruption.............
     
  10. ghost

    ghost F1 World Champ
    Lifetime Rossa

    Dec 10, 2003
    10,046
    Singapore
    #10 ghost, Jul 20, 2008
    Thailand is one of the most GA friendly countries in SEA. Lots of small airports and strips for GA enthusiasts to fly to. Getting DCA permission is a ***** but once inside, there's some mightly fine flying to be had. 3 hours from Singapore direct to Phuket. Can't beat that!
     
  11. 3604u

    3604u F1 Veteran
    BANNED Silver Subscribed

    Sep 27, 2004
    6,298
    london/singapore/JKT
    Full Name:
    D
    #11 3604u, Jul 22, 2008
    You want to finance that? since you are in finance. Maybe we all can work something out!
     

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