Property

Property

Thai owner shocked: Indian businessman illegally occupied adjoining buildings in Pattaya

  THE THAI owner of two adjoining commercial buildings in Pattaya which he only came to inspect after five years yesterday (June 7) was shocked at discovering that an Indian businessman had trespassed and illegally turned the ground floor into a dance club with the the rooms above rented out, Naewna newspaper said this morning. […]

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Property

Briton files complaint after losing 15m baht in Koh Samui condo scam

  A BRITISH businessman today (June 1) filed a complaint at the Central Investigation Bureau (CIB) after losing over 15 million baht in a condominium scam at Koh Samui, TV Channel 7 said. Mr. David Edward Chappelle (name translated as written in Thai), 70, was accompanied by Mr. Pattakorn Teepbunrat, a representative of Thailand Consumers […]

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Property

Private sector ‘confident senators will back Pita for PM’

  THE head of Thai Condominium Association Mr. Peerapong Jaroon-ek said today (May 21) the private sector is certain senators would definitely endorse Move Forward leader Pita Limjaroenrat for prime minister as they would not dare oppose voters who gave his party a huge victory with Pheu Thai Party coming second, Matichon newspaper said. Peerapong, […]

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Indian, Chinese investors buying pubs, restaurants in Pattaya

  WHILE many foreigners are investing in Chonburi province, Indian and Chinese investors have channelled the most funds in buying up businesses in Pattaya to cater to their countryfolk holidaying at this seaside tourist city, Matichon newspaper quoted business people in this province as saying today (Feb. 27). Indian investors bought up pubs and restaurants […]

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Property

Court orders suspension of EIA for high-rise condo project 

  THE CENTRAL Administration Court today (Dec. 28) ordered the suspension of the environmental impact assessment (EIA) approval granted to a high-rise condominium project in Ratchadapisek area after neighbours had filed a lawsuit over blocking of wind and sunlight, TV Channel 7 said. Mr. Srisuwan Chanya, president of the Anti-Global Warming Association, said residents of […]

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Property

SC Asset confirms houses are only sold to Thai people

  AFTER police raided a luxury housing estate in Soi Lasalle where Chinese grey capitalists have bought almost all the houses through nominees SC Asset Corporation Plc today (Dec. 4) issued a clarification that the houses it built were sold to only Thai people or Thai juristic persons, Sanook.com and Matichon newspaper said. The company […]

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Property

Chadchart: Talks being held on Ashton Asoke condo case

  BANGKOK Governor Chadchart Sittipunt said his deputy is holding talks on the Ashton Asoke luxury condo case today (Nov. 25) after the Central Administrative Court passed a verdict to resolve land procurement within 180 days, Matichon newspaper said. The Siam Society under the Royal Patronage had filed a case over the development of project […]

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Property

Row erupts after 2 houses are built on wrong land plot

  THE owner of a plot of land in Kanchanaburi province is perplexed how two houses could have been built there by mistake with the party at fault now keen on buying it and urging him to reduce the price, Sanook.com said this afternoon (Nov. 20). Mr. Pairat (surname withheld), 45, accompanied by his wife, […]

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Property

New regulation allowing foreigners to buy land withdrawn: Anupong

  INTERIOR Minister Anupong Paochinda this morning (Nov. 8) said before attending a Cabinet meeting that a draft ministerial regulation allowing four categories of foreigners to buy maximum one rai of land for residential purposes is being withdrawn to study this sensitive issue again, Matichon newspaper said. When asked whether the draft will be resubmitted […]

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Property

Anupong proposes cancelling regulation allowing foreigners to buy land

  INTERIOR Minister Anupong Paochinda sent a letter to the Government House stating that he will be proposing to the Cabinet tomorrow (Nov. 8) that a draft ministerial regulation allowing four categories of foreigners to buy maximum one rai of land for residential purposes be revoked, Matichon newspaper said. This step was taken after several […]

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