56 minutes ago, henryford1958 said:

"owned by Chinese nationals" how can they own houses in Thailand

 

They get away with murder, several houses near us are owned by Chinese nationals, but none have a safe on wheels like in the pic!

1 hour ago, henryford1958 said:

"owned by Chinese nationals" how can they own houses in Thailand

 

Mr Wang owns a company.... 

 

Do you need assistance to join the dots ?

1 minute ago, Ralf001 said:

 

Mr Wang owns a company.... 

 

Do you need assistance to join the dots ?

 

So it's not owned by a Chinese national it's owned by a Thai company

1 minute ago, henryford1958 said:

 

So it's not owned by a Chinese national it's owned by a Thai company

 

No flies on you is there !

Inside job.

 

Insider tip: Get a Breitling ... NOW!

100 Million THB worth of watches.  It's a freaking watch.  The price is a fabrication based on perceived status of owning one.  If society ever collapses, it then becomes nothing but a watch. 

On 1/17/2025 at 5:26 PM, Georgealbert said:

UPDATE
Police Continues to Investigate Burglary at Chinese Home in Bang Lamung

 

Picture from responders.

 

Police are continuing the investigation to solve a high-profile burglary at a property in Bang Lamung, Chonburi, where an estimated 100 million baht worth of valuables were stolen. The suspects targeted a large safe containing luxury watches, leaving behind significant damage.

 

The incident occurred at a residence in a housing estate in Huai Yai subdistrict. The property belongs to a Chinese businessman who has not visited Thailand for over eight years. The safe, which was forcibly opened, was brought into the house by the owner when the property was purchased.

 

At noon on January 17, local police, led by Police Colonel Atthapol Itthayophasakul, along with forensic experts, revisited the crime scene to gather further evidence. The safe, measuring 1 metre wide, 1.5 metres high, and weighing 250 kilograms, had been embedded in concrete and reinforced with thick steel. It was pried open using hammers and crowbars, leaving debris and dust scattered throughout the room.

 

Investigators also examined eight wooden watch boxes, each capable of holding ten watches, and an empty Rolex box, which were left behind.

 

The property was being occupied by Mr. Yu Chao Zhao, a 43-year-old Chinese national, who told police he had been living there for four months. He claimed to have been invited by a friend to stay and look after the house. Mr. Zhao stated that he was unaware of the safe’s contents and denied any involvement in the burglary.

 

Police revealed that the house is jointly owned by a Chinese individual, identified only as Mr. Wang Liang Chen, and a Thai partner. Mr. Wang brought the safe to the property eight years ago while running a tour company in Thailand. However, legal issues in China have prevented him from returning to Thailand since then.

 

Authorities are examining CCTV footage to determine how and when the suspects gained access to the property. Initial findings suggest the burglary was carefully planned, with the intruders specifically targeting the safe.

 

The stolen items, primarily luxury watches, are valued at over 100 million baht. However, police are awaiting verification of these claims as the property’s original owner has not yet provided supporting evidence.

 

Investigators believe the suspects had knowledge of the safe’s presence and may have acted on information about its potential contents. Police are continuing to follow leads and have urged anyone with relevant information to come forward.

 

-- 2025-01-17

 

 

 

The safe looks brown in the OP photo, c/o SiamChon, yet this one looks white via responders. 

6 hours ago, Upnotover said:

Same way all the farang "owned" houses in the area, of which there are very many.

 

But they use a proxy named wife.

20 hours ago, connda said:

100 Million THB worth of watches.  It's a freaking watch.  The price is a fabrication based on perceived status of owning one.  If society ever collapses, it then becomes nothing but a watch. 

I might worry more about fiat currencies in such a situation.