News Forum - Pattaya Waterfront Condo building requests to resume construction

[DoUKnowWhoIAm]

15 minutes ago, AlexPTY said:

good luck taking this one down, fire separation and minimum adjacent building distance doesn't exist in Thailand

In Europe, the German concrete bunkers are left as a reminder 
of ww2, maybe keep Sathorn unique as a reminder (or warning) of the tomyum kung crisis.

Edited October 11, 2021 by DoUKnowWhoIAm

[KaptainRob]

7 minutes ago, AlexPTY said:

Problem is they bought already, i think whole building was sold off-plan

Not counting the 8 floors, 90% was pre-sold, but we have no idea what % was paid - deposit only, progress payments, or in full?  After 5 years I daresay many 'buyers', or those still living, would walk away from deposits and not wish to complete.

A practice among hi-rise developers is to promote a % of the better apartments as SOLD just to encourage sales.  Common on Australia's Gold Coast, sales staff would use the ploy as leverage.

[gummy]

24 minutes ago, KaptainRob said:

Not counting the 8 floors, 90% was pre-sold, but we have no idea what % was paid - deposit only, progress payments, or in full?  After 5 years I daresay many 'buyers', or those still living, would walk away from deposits and not wish to complete.

A practice among hi-rise developers is to promote a % of the better apartments as SOLD just to encourage sales.  Common on Australia's Gold Coast, sales staff would use the ploy as leverage.

Same tricks as the time share sharks used in the 70's in the Canary Islands and elsewhere