TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

THAILAND ELECTIONS Phuket Property Planking Scandal

Category: Real estate, Posted:21 Jun 2011 | 11:43 am

In a bizarre turn of events on the heels of high profile media coverage of Thailand election led planking, a group of Phuket property agent's mass demonstration turned out to be a hoax.
It had been thought that a number of real estate agents found laying face down near Laguna Phuket's commercial district where engaged in an industry initiative of planking, aimed at bringing wider attention to the downturn of the island's property market.
As it turned out the group of mostly British expatriate businessmen were actually passed out, face down the parking lot of a nearby pub.
According to witnesses a day drinking event turned into all night and despondent brokers were whipped into a frenzy in round after round of remorse-driven binge drinking. As dawn broke most lapsed into a coma-like unconsciousness one after another.
Thailand seems to be at the helm of a worldwide planking frenzy, with a high profile Facebook website now racking up the hits.
Meanwhile in other industry news rumors persist over a new government initiative on allowing freehold land ownership any day now and there is currently mass buying of island land above 80 meters given the imminent return of Thaksin Shinawatra.
Also in an on again, off again relationship former Microsoft guru Bill Gates has denied any involvement in the Zoran island development in Phang Nga Bay.

Other News

Read more

C9 Hotelwork’s Releases Philippines Branded Residences Report

Category: Real estate, Posted:25 Feb 2024 | 19:51 pm The Philippines branded residences market is experiencing a significant maturation, impacted by urbanization and a post-pandemic shift in lifestyle changes. The market is poised for a high level of growth. C9 Hotelworks newly released Philippines Branded Residences Market Update shows a 105% increase in the pipeline, translating to an additional 5,599 units supplementing the current […]
Read more

Phuket’s Largest Highway Interchange Expected To Attract Largescale Development

Category: , Posted:10 Feb 2024 | 09:42 am The release of plans for a massive highway interchange in North Phuket is spurring development activity in the Mai Khao area. A Mueang Mai interchange on the road leading to Phuket International Airport on the island’s main North-South artery will also have a  direct connection to the East Coast spur highway 4027.  (CLICK to see […]
Read more

GOCO Hospitality Inks Deal With Singapore Temasek to Expanded Wellness Resorts in Thailand and Southeast Asia

Category: , Posted:07 Feb 2024 | 10:33 am Leading Bangkok-based wellness group GOCO has signed a deal with Singapore’s Temasek private equity group via The Fullerton Fund. The injection of funds into GOCO is reportedly ‘high eight figures’ and will fund expansion in Thailand and Southeast Asia into hospitality assets. Two acquisitions are expected to be announced in March by Founder and CEO […]
SiaJai logo

Thailand's Leading Homecare Marketplace