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It matters not what land is valued at if theres no one buying at that 'value'.
It's only the thais who are trying to sell at those stupid prices, they don't think, no one will buy if can't make a profit.
Loads of Shop & Apartment units going up in kathu.
One block of 10 shop & apartments finished one year ago only 1 sold so 9 years to sell the rest. Lot of money for property left ideal for along time.
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