TH Thailand property term

Off-Plan Purchase

โครงการที่ยังไม่ได้สร้าง

Pronounced: khro-ng-kan thi yang-mai-dai-sang

Plain-English definition

Buying a property before it is completed, usually from a developer and with payments made in stages.

Why this matters to a foreign buyer

Check the developer, permits, contract, completion date, delay terms and refund rights before paying.