TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

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

Phuket Real Estate Slammed By BBC

Category: Real estate, Posted:28 Sep 2015 | 06:00 am

Over the past few days I have been inundated by emails about a BBC news segment and subsequent magazine piece on "The Phuket Property Nightmare' by the BBC.
To read the BBC piece <link>http://www.bbc.com/news/magazine-34346620*CLICK</link>
Clearly the news has gone global and is inciting comments across many markets.
Jonathan Head who is the BBC journalist based in Bangkok is a longstanding and well regarded professional, though there is a debate on whether the piece in question is sensational or simply investigative.
From a non-partisan view the story has represented comments from both the aggrieved parties and local Thai government and legal sources so it remains well founded.
What is an issue is that there remains little recognition of the plights of foreign property buyers in Phuket and in reality all of Thailand. They are grouped under the status quo and remain unacknowledged in the wheels of consumer protection.
More worrisome is the reputation breach for Phuket real estate and the lack of a response by the local or national government.
As the focus continues to be on creating happiness in Thailand, the reality of public relations disasters like the BBC piece is they not proactively addressed and actioned.
Broadly speaking the island's property sector is populated by well-heeled developers from public companies like Laguna Hotels and Resorts, Charn Issara, Land and Houses, Sansiri, Pruska, Supalai and many more.
Though as everywhere in the world, there are those developments and transactions which run aground and threaten to under mind a larger marketplace.
What is needed here on the island is recognition by the provincial government of the importance of the sector and a vehicle to allow valid complaints from foreign nationals.
On an equal scale is a call out to the sector to create a method to address such widespread pr problems and mitigating broader damage. as they arise
Welcome to Phuket's latest nightmare.

Other News

Read more

What is Being Thailand 2025?

Category: Hotels|Tourism, Posted:14 Mar 2025 | 13:58 pm Welcome to the exhilarating start of something new in the wellness space. Being Thailand 2025 is the first step in an ongoing series of events. It’s about elevating connections and being a place of inspiration. This unique B2B platform is about creating lasting bonds between wellness businesses, services, products, and entrepreneurs.  From its core mission […]
Read more

C9 Hotelworks Releases Bangkok Serviced Apartment Market Update

Category: Hotels|Tourism, Posted:08 Mar 2025 | 09:17 am According to C9 Hotelworks new Bangkok Serviced Apartment Market Update 2025 report, operators are seeing a surge in short-term demand, despite a rising influx of expatriates. Bangkok’s serviced apartment market has expanded at a 6.2% compound annual growth rate (CAGR) over the past decade, driven by the expansion of international brands such as The Ascott […]
Read more

The C9 Sessions. Property Market Update – Thailand’s Short and Long-Term Rental Market

Category: Hotels|Real estate, Posted:03 Mar 2025 | 16:12 pm The C9 Sessions is headed to Bangkok on Tuesday 11th March 2025. One of the hottest topics out there at the moment is Thailand’s rental market.  With a backdrop of surging tourism numbers vacation rentals are in high demand. While on the investment side, longer term letting is becoming an increasingly attractive yield play for […]
SiaJai logo

Thailand's Leading Homecare Marketplace