silverbird

Grand avenue residence advertised here: 

http://www.2thai.asia/object/grand-avenue-residence-pattaya/

Prices have not moved and around 250 units available (thai ownership)

2 hours ago, Allstars said:

Centara is the first from possibly a long list, as I have personal knowledge of 2 large projects that will follow in the not so distant future.

Is Golden Tulip behind Avenue mall one of these 2 large projects?

Just asking because I invested a lot in it already.

2 hours ago, sanemax said:

Construction companies usually only down tools if they do not get paid

If the developer doesnt have the money to pay the original construction company, they will not be able to get another one into complete the job

Damn, this means they probably won't finish it. Already paid 65% of the whole price.

Was informed that foreign ownership is sold out and roughly 70% total sold.

I thought with such a central location it could not go wrong....sad news.

I was there last week (Golden Tulip), indeed the construction has stopped.

From the information I got, it seems that the construction company stopped working on this project and the developper is looking for a new construction firm.

Getting nervous, since I bought a unit there....hope it will resume soon.

My gut feeling is that they will not finish before 2019.