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Condo Owner Dispute Headline News

Category: Real estate, Posted:15 Aug 2013 | 20:07 pm

All too often disgruntled property buyers make comparisons to what they say is Thailand's lax property ownership legal framework and those of more mature markets such as Singapore.
Coming back from the island Republic today I couldn't help reading a Straits Times piece about angry owners at a Singapore condominium who were in a bitter dispute with the governing body over parking fees.
According to the article lawyers are now involved and a second dispute has broken out over increases in condo maintenance fees.
Sounds familiar? Of course property disputes are a global event and you can probably even track back the onset of the phenomenon to that Eden development and Adam and Eve's contentious snake problem.
Some things never change or shall we say "same same but different."

Other News

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Phuket’s Hilton Garden Inn Transacts to TriO Capital

Category: Hotels, Posted:13 Sep 2024 | 12:58 pm The 177-room Hilton Garden Inn Phuket, Bang Tao has traded to private equity group TriO Capital. Operating under a franchise agreement with Hilton, the hotel opened in late 2021 and had been owned and operated under GCP Hospitality. TriQ is closely associated to Ovolo Hotels and also the Mamaka brand which has a property in […]
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South Korea Tops Asia’s Branded Residences Pricing Premiums In C9 Hotelworks Latest Report

Category: Hotels|Real estate, Posted:11 Sep 2024 | 10:17 am South Korea’s luxury real estate market has evolved significantly, transitioning from traditional residential properties to innovative branded residences. The trend began in 2008 when The Ananti Hotel introduced a pioneering co-ownership model, targeting affluent buyers seeking luxury vacation homes and social prestige. This success spurred other domestic brands like Lotte and Hanhwa Resorts to follow […]
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New Zanzibar Market Report From C9 Hotelworks Highlights Surge In Tourism Demand

Category: Hotels|Tourism, Posted:10 Sep 2024 | 14:41 pm Zanzibar’s tourism industry is experiencing a remarkable resurgence, having successfully surpassed pre-pandemic visitor numbers since 2022 according to a new report by C9 Hotelworks. In 2023, the island welcomed over 638,444 visitors from around the globe, marking a significant recovery. Projections for 2024 indicate a further 9% growth, with January to May arrivals reaching 255,408 […]
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