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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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MIRA Valley Phuket Preview Sessions This Friday

Category: Real estate|Tourism, Posted:22 Apr 2024 | 07:28 am Catch this special event this coming Friday 26th April with a special preview of the new MIRA Valley master-planned community in the heart of Phuket, Manik. This is an amazing opportunity to acquire a development plot in a larger high-quality community. This will be of special interest to property developers looking for land parcels, investors. […]
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New Phuket Hotel Market Update 2024 Report From C9 Hotelworks

Category: Hotels|Tourism, Posted:17 Apr 2024 | 19:06 pm Phuket’s tourism industry is undergoing an ongoing rebound, with last year’s airport passenger arrivals edging towards pre-pandemic figures according to C9 Hotelwork’s Phuket Hotel Market Update 2024. While hitting 7 million, it was still short of the 9 million mark set in 2019. This year the trend is continuing with 1.62 million arrivals to date […]
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Delving Into the Real Estate Rental Landscape of Phuket

Category: Opinion|Real estate, Posted:16 Apr 2024 | 09:39 am Given the backdrop of a booming Phuket real estate sector, one area that is often overlooked is the rental market. Despite a vibrant vacation short-stay segment, there remains a strong demand for extended and long-stay rentals across the island. Rental demand coming out of the COVID19 pandemic experienced sustained uplift and has continued to perform […]
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