The Peaks owner defends action, promises to ‘take care’ of buyers

By The Phuket News

 

Manassanan Nararattanawee, CEO of developer Kata Beach Co Ltd, at the press conference yesterday (Feb 2). Photo: PR Phuket

 

PHUKET: The owner of The Peaks Residence condo project has promised to “take care” of people who have already paid deposits for units, following the Supreme Administrative Court last month ordering the project to be demolished within 30 days for illegally occupying state land.

 

Manassanan Nararattanawee, CEO of developer Kata Beach Co Ltd, went public yesterday (Feb 2) to explain that some buyers had agreed to have their monies transferred to take units at another project at Surin Beach.

 

He also said that he would appeal the decision by the Supreme Administrative Court, which last month upheld previous rulings by lower Administrative Courts in confirming that the land document presented for the project was illegally issued.

 

Full story: https://www.thephuketnews.com/the-peaks-owner-defends-action-promises-to-take-care-of-buyers-78879.php

 

-- © Copyright Phuket News 2021-02-03

 

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5 minutes ago, webfact said:

went public yesterday (Feb 2) to explain that some buyers had agreed to have their monies transferred to take units at another project at Surin Beach.

i await the enviable headlines.  

22 minutes ago, webfact said:

promised to “take care” of people

Better watch your back for a while

State land, Forest Land, Coastal Land, obviously he did not pay enough money to ensure he had a legal land title before he ploughed the ground and built.  Around the Cape near Nai Harn beach are 3 large estates being built on what was always thought to be forest land owned by the State, but then magically it turned out to be privately owned.  Then you have the poor Sea Gypsies whose land has been claimed by another large developer.....Amazing Thailand.  Money corrupts and greed outshines corruption.  

What ever happened about that disastrous condo project in Patong near the hospital? Were any of the perspective buyers ever compensated, or did the monies invested simply disappear?

2 hours ago, NCC1701A said:

i await the enviable headlines.  

A committee?

22 minutes ago, bloodyholly said:

What ever happened about that disastrous condo project in Patong near the hospital? Were any of the perspective buyers ever compensated, or did the monies invested simply disappear?

Yes, I've often wondered about that disastrous development, ACE condominiums I think the name was.

 

I enquired as to what was happening because friend of mine had "invested" in one of the units and the last I heard was something akin to this – – "the police know who the developer is, but he has gone missing with the funds".

 

There was also talk about him being involved with people in high places, so any prosecution was unlikely to occur.

 

You know how it goes here – – corrupt to the core, with law enforcement, land officers etc being all part of the same core of rottenness.

3 hours ago, ThailandRyan said:

State land, Forest Land, Coastal Land, obviously he did not pay enough money to ensure he had a legal land title before he ploughed the ground and built.  Around the Cape near Nai Harn beach are 3 large estates being built on what was always thought to be forest land owned by the State, but then magically it turned out to be privately owned.  Then you have the poor Sea Gypsies whose land has been claimed by another large developer.....Amazing Thailand.  Money corrupts and greed outshines corruption.  

The developer said: – Our company accepted the decision of the Supreme Administrative Court to revoke the land document, a NorSor 3 Kor [land-use document], and no longer have the right of this land since the order was issued.

 

“There are a few main issues; that company will be taking care of the customers, agents and the people of Phuket, as well as all other relevant people involved in this project, the order to revoke the land document and for the construction to be demolished, and the land owner will appeal to the Administrative Court to consider this case again,” he said.

 

This statement almost seems as if they believe they have got a case if they appeal, but according to everything I've read, it appears that the land was acquired "illegally" i.e. that the land documents were not genuine, and this has happened on couple of other occasions here, but no one from the land office seems to get investigated for this??

4 hours ago, xylophone said:

There was also talk about him being involved with people in high places, so any prosecution was unlikely to occur.

 

At one time, I believe the developer's story was that one of his "partners" had the funds, but said partner had died and the developer had no idea where those funds were.  Now lets see, what influential person person died at about that time...

12 hours ago, DrDave said:

At one time, I believe the developer's story was that one of his "partners" had the funds, but said partner had died and the developer had no idea where those funds were.  Now lets see, what influential person person died at about that time...

Or didn't die?

17 hours ago, xylophone said:

The developer said: – Our company accepted the decision of the Supreme Administrative Court to revoke the land document, a NorSor 3 Kor [land-use document], and no longer have the right of this land since the order was issued.

 

“There are a few main issues; that company will be taking care of the customers, agents and the people of Phuket, as well as all other relevant people involved in this project, the order to revoke the land document and for the construction to be demolished, and the land owner will appeal to the Administrative Court to consider this case again,” he said.

 

This statement almost seems as if they believe they have got a case if they appeal, but according to everything I've read, it appears that the land was acquired "illegally" i.e. that the land documents were not genuine, and this has happened on couple of other occasions here, but no one from the land office seems to get investigated for this??

Meanwhile elsewhere in LoS

Daily occurrence and an endemic corruption issue when one decides to buy off-plan for something yet built, parting with cash for a dream instead of something actually tangible you can touch, see and actually live in from the moment cash trades bank accounts. 

You have to have money to burn...... be totally naive....or slightly mental to buy in Thailand .....and to buy as yet unbuilt property........wow!