Boater

Hmmm, this conflicts slighlty with what was in todays BKK Post

PROPERTY / SERVICED APARTMENTS

Ownership laws, oversupply hurt developers

KANANA KATHARANGSIPORN

The Bangkok serviced apartment market would improve if the Foreign Business Act was changed, says Phanom Kanjanadhtheimthao, managing director of the local property consulting firm Knight Frank Chartered (Thailand).

He cited legal uncertainties and oversupply as challenges. ''If the politics and the legal changes are clear, foreign investor confidence will increase.''

The average occupancy rate of five-star serviced apartments in Sukhumvit dropped from 95% in 2005 to 81% in 2006 due to legal and political changes since last September.

This year and next, 10 new serviced apartment buildings will be completed. They are Chulalongkorn University's Chamchuree Square with 120 units, Metrostar's Sathorn Grand Mansion (100 units), Oakwood Asoke-Ratchada (220), and Citadines Bangkok Sukhumvit Lake (79 units).

There will also be Fraser Suites Sathorn with 150 units, Somerset Grand Sukhumvit (265), Citadines Bangkok Sukhumvit Green (130), Citadines Bangkok Boulevard (128), Citadines Bangkok Sukhumvit Asoke (143) and Siam Paragon with 150 units.

This increase would up the total supply of serviced apartments by 6.1% to 11,581 units in 2007 and by 7% to 12,397 units in 2008.

At the end of 2006, Bangkok had 10,912 serviced apartment units in 84 projects, up by 2.9% from 2005. Market supply was dominated by four-star developments with a share of 42.8%, while five-star units represented 24.3%.

The Sukhumvit area remained the most popular location with 4,601 units, accounting for 42.2% of total market, followed by the central business district with 3,505 units or 32.1%. Supply in the Sukhumvit area rose by 32.2% per year while in the central business district it increased by 22.5%.

Completed projects last year included the Sofitel Sukhumvit Soi 6 with 76 units, Sofitel Asoke on Sukhumvit 19 with 46 units and Hopeland on Sukhumvit 24 with 187 units.

Anyone read the latest Samui express?

Front page article: '10,000 land titles fake said Land Office' covering 20,000 to 30,000 rai says head of the land department. The article is not yet on their website so you have to buy the newspaper to read it.

Is the mess in Samui really this big or are these numbers exaggerated?

A little tip for you don't believe everything you read in Samui Express and also you do not have to buy it it is a freebie!

above quote very true, Samui Express fail to get there facts correct. MAny a time have they published rubbish!! The recent paper with this article also carries another intersting article (Front Page) about the best big breakfeast on the Island, now from looking at the picture i think not!!!! Remember they seem to publish gossip!!

well i have to let people know that the grub from dk soulfood isnt so bad.

while i was in samui over christmas and the new year i ate from that shopon 2 ocastions and lived to tell the tale.

during my stay we had ver heavy rain for 2 night/days solid and when my midnight munchies used to come on dk was the only place i could go to without getting wet.

never tried there kebabs though,gotta say there burgers are very good as are there subwhices and bagels only down side its really exspensive for what it is.

I agree, i have been in there many many times with no promblem what so ever. Had a Lamb Donar last night which was Fantastic!!

Also Dk is one of the most cleanest places with regards to food preperation i have seen in Samui!

hey,

Ting Tongs is no longer, has been knocked down.

Yes it is. Moved 50 yds up the Ghost road on the left towards Chaweng.

Ah, thanks for that, used to go in there, but drove by the other day and it was gone......... didnt relise it has moved.

hey,

Ting Tongs is no longer, has been knocked down.

you hear so many negative stories about foriegn run property developers and managers who operate over here , that the sooner the government clear them out the better.

samui seems to be particularly plagued with these .

perhaps all the disaffected owners / buyers / creditors should organise themselves and with the help of some sympathetic press and a good legal expert present themselves on the doorstep of cocos offices demanding what is rightfully theirs.

although with clauses like this written into their contracts , one has to question the gullibility of their customers.

Liability

Coco Private Villa Rentals acts only as agent for the villa owners, suppliers and/or contractors who are providing accommodation, transport, and services. Under no circumstances shall Coco Private Villa Rentals be responsible for any loss, expense, damage, claim or injury either directly or indirectly, consequential or otherwise whatsoever, however caused or incurred, whether arising in contract or otherwise in law or equity as a result of rendering of the services or accommodations as described or substituted, or by reason of military action, revolution or acts of God, or by any agents, employees, subcontractors, servants or third parties whatsoever supplying any of the services or accommodations herein or as substituted. If any accommodations and/or services are substituted, Coco Private Villa Rentals will act at all times in good faith and use its best efforts to substitute with accommodations and/or services of a type comparable to or better than those originally contracted. Coco Private Villa Rentals at their sole and unfettered discretion reserves the right to refuse or discontinue service to any person(s) and/or to rescind any contract for accommodations or guest services

the coco group run many enterprises on samui , and must be laughing all the way to the bank.

No it doesn't.

Ask a mod to move it to the motor section and you will get more results, instead of being told you've posted in the wrong bit!!

ok, but when i click on car ownership, it comes to this forum

And this has exactly what to do with real estate? Or are you going to live in the car? I think you posted in the wrong sub forum mate ...............

Real Estate, house and car ownership is the exact forum heading................. and my topic is about importing a car for ownership in Thailand.....

So if i am not mistaken i have in fact posted in the correct Forum

Thanks

you are mistaken, this is the real estate, house and land ownership forum

been on the changs?

Ok, i will agree at the top it only mentions Real Estate, but on the Forum Home Page, it clearly states Real Estate, Housing and CAR ownership!!! and when you click on that link this is the forum for it!

I am not going to get into one of these silly Thaivisa arguments which only steers the topic away from its orginal purpose

Thanks

And this has exactly what to do with real estate? Or are you going to live in the car? I think you posted in the wrong sub forum mate ...............

Real Estate, house and car ownership is the exact forum heading................. and my topic is about importing a car for ownership in Thailand.....

So if i am not mistaken i have in fact posted in the correct Forum

Thanks

This website will give you all the information you need. Use the search function.

To simply answer your questions, its nightmare.

Yes, it is on a car by car basis, and the taxation is levied on the Customs Officers appraised valuation of the car. The rate of taxation depends on the type of vehicle, power output, engine size etc etc.

So, the Customs official may decide that your 20 year old 3L Ford Grenada is worth 500,000THB, and you will end up forking out 300% on import tax. (Just a wild example!)

Thanks for your reply, have you the link to the please?

Are there any football teams on Koh Samui? I would like to start playing again.

Thanks

Hi

Does anybody know of on-line courses to learn Thai???

Thanks

I am thinking of importing a car from the UK, a convertible, as they are hard to come by here in thailand.

Does anybody now the exact procudure? I understand you get taxed heavily! but is this standard Tax or on a car by car basis and what is the exact amount? Also are there any other costs involved? oo is there a website that gives all this inforamtion?

Thanks in advance.

Hi all,

My name is Robert Greer and I am a writer for the English language newspaper Samui Express. We print 10,000 copies every two weeks for distribution.

I am puting out this request for people to contact me if they have a story or information that would benefit the expat community on Koh Samui. If so, then I can turn it into an article and get it published in the paper.

So if anyone has or comes across anything that they feel should be read by locals, please contact me at <removed> or call me at <removed>.

Thanks in advance!

easy just read this: Samui Infrastructure 123» 6 we need an indenpended Samui + islands so the money the Islands earn will be used on the Islands.........

Very true.....

This is not a happy customer

http://www.cocosamui-villa-ripoff.com/

Interesting web site. Seems like the customer has many valid complaints. I think I would have gone crazy if I had had to deal with all the things he did. He only wanted to give his family a nice Christmas vacation in paradise but instead ended up in hel_l on earth.

From the website, it seems CoCo didnt handle the situation very well, again a situation that could have been solved very easily using a little bit off Customer Service!

I lived at Inter Change Tower, cannot remember the name of the Soi, but was realy nice and freindly, also all the Thais in the food shops and local shop where really nice as well, being the only ferang along the Soi