Not For Sale: Attempt to sell Phuket beachfront state-owned land for B3.6bn draws fire 

The Phuket News

 

 

PHUKET: An online advertisement selling prime beachfront land on Phuket’s west coast for B3.66 billion has spurred officials into action as the land in question is currently illegally occupied by encroachers facing forced eviction as ordered by the Supreme Court.

 

The advertisement, posted on the “224Land” Facebook page on April 18, went viral and as of last week had already had more than 8,000 shares with nearly 4,000 people specifically posting comments about it.

 

Regardless, the lead figure tasked with evicting the encroachers since the Supreme Court handed down its decision on Nov 1 last year (see story here) said he was initially unaware of the move to sell the land.

 

Full story: https://www.thephuketnews.com/not-for-sale-attempt-to-sell-phuket-beachfront-state-owned-land-for-b3-6bn-draws-fire-67004.php#1805HJOfG5dI2JSM.97

 

 

-- © Copyright Phuket News 2018-05-05

 

And if anyone out there that was too late to get in on this investment,I still have a few more shares in The Brooklyn Bridge I am willing to sell.

Ah, one of a number of squeaky clean property investment opportunities available in Phuket...…...not.

1 hour ago, AsiaHand said:

And if anyone out there that was too late to get in on this investment,I still have a few more shares in The Brooklyn Bridge I am willing to sell.

I've got shares in half a sinking ship if anyone's interested

Will the last investor to leave the island please switch off the lights! 

Removed a nonsensical post.

I'm offering shares to invest in an iceberg, it's going to be floated on the market soon. 

2 hours ago, happy chappie said:

I've got shares in half a sinking ship if anyone's interested

Which half ???

7 minutes ago, AsiaHand said:

Which half ???

For the right money I'll let you have whichever half you want.

 

With guaranteed leaseback ! Cross my heart......

Just recently spoke to an expat couple who forked out 25,000,000 baht on a beach front house. 

Absolutely no paperwork in existence but the agent assured them it will be ready in about one year.

It's happened before, it's happening now and it will happen again in the future.

".......the ongoing delays in removing the encroachers at Layan and Leypang has allowed the illegal business operators one more tourism high season to profit before leaving their sites."

 

Who says they are leaving at all?
 

39 minutes ago, overherebc said:

Just recently spoke to an expat couple who forked out 25,000,000 baht on a beach front house. 

Absolutely no paperwork in existence but the agent assured them it will be ready in about one year.

It's happened before, it's happening now and it will happen again in the future.

Kiss goodbye to that then.

3 minutes ago, happy chappie said:

Kiss goodbye to that then.

Most likely and the timing will not be in their hands when it happens.

1 hour ago, overherebc said:

Just recently spoke to an expat couple who forked out 25,000,000 baht on a beach front house. 

Absolutely no paperwork in existence but the agent assured them it will be ready in about one year.

It's happened before, it's happening now and it will happen again in the future.

Red flag goes up on the price.  That's way too low for a decent beach front house.

15 minutes ago, steelepulse said:

Red flag goes up on the price.  That's way too low for a decent beach front house.

Think they spent another couple of mil' on renovation.

They claim it's now worth 40,000,000.

Edited May 6, 20188 yr by overherebc

26 minutes ago, overherebc said:

Think they spent another couple of mil' on renovation.

They claim it's now worth 40,000,000.

Yes, a chanote could do that. Without chanote, only to suckers.

4 hours ago, overherebc said:

Think they spent another couple of mil' on renovation.

They claim it's now worth 40,000,000.

And who in their right mind would fork out 40 million on something without papers let alone 25 and why would it take a year to sort the papers out.

Edited May 6, 20188 yr by happy chappie
Added.

1 hour ago, happy chappie said:

And who in their right mind would fork out 40 million on something without papers let alone 25 and why would it take a year to sort the papers out.

You tell me!!!!

You've got to admire the balls on her for trying this though! 

1 minute ago, Psimbo said:

You've got to admire the balls on her for trying this though! 

Not sure whether it is balls or stupidity Psimbo??