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Buyers Protest 7 Failed Condo Projects, Seek Intervention

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Pictures courtesy of Thaitabloid 

 

Dozens of homebuyers have filed complaints with the United Thai Nation Party after seven condominium projects failed to materialise, leaving purchasers paying instalments for up to two years without receiving their units. More than 50 affected buyers gathered at the party’s headquarters on 11 December 2025 to submit a petition to party leader Pirapan Salirathavibhaga and deputy leader Atthawit Suwannapakdee. Complainants alleged unfair contracts, stalled construction, incomplete facilities and environmental impact assessment (EIA) failures.

 

Buyers reported that four of the projects had not even begun construction, despite the developer accepting booking fees and facilitating bank loans for units priced between 1.89 and 2.5 million baht. Customers were required to begin repaying their loans while development remained at a standstill. The total number of affected individuals is believed to exceed 1,000 across the company’s projects in Lat Phrao, Chatuchak, Bang Khen and Ari.

 

Party member Chanathat Pattamapuwadol said many victims sought justice after discovering that projects had stalled due to non-compliance, with some failing their EIA assessments entirely. He urged the developer to take responsibility and work toward solutions that compensate buyers who have already paid in full but have not been able to move in. He added that the number of complainants was rising, prompting urgent calls for a formal resolution.

 

One affected buyer, Prachidsara, 42, described purchasing a unit in the Lat Phrao project in 2023 for 2.7 million baht after being impressed by the show unit and advertised facilities. However, upon moving in, she found the building incomplete: parking remained unfinished, common areas across multiple floors were not constructed and amenities such as game rooms, lounge spaces and the swimming pool had not been delivered. She said hundreds of buyers have joined a Line group to coordinate their grievances, with some having paid deposits of up to 300,000 baht yet still without access to their units.

 

Pirapan acknowledged that buyers had received no assistance despite years of complaints to the Office of the Consumer Protection Board (OCPB), which cited insufficient evidence. He confirmed that victims from four projects had already filed complaints, with three more groups on their way, bringing the total to seven projects. After listening to initial testimonies, he said evidence now appeared sufficient for the OCPB to act.

 

Thaitabloid reported that Pirapan announced that the party would form a legal team to advise buyers and support them in pursuing legal remedies. He also pledged to coordinate directly with the OCPB to ensure that the matter receives official attention and that authorities intervene as permitted under their mandate. The party is continuing to gather testimony and documentation as more affected individuals come forward.

 

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Key Takeaways

 

• Buyers of seven condominium projects say they paid instalments for years despite stalled or incomplete construction.

• Complaints cite unfair contracts, failed EIA assessments and more than 1,000 affected purchasers.

• The United Thai Nation Party plans to form a legal team and coordinate with the OCPB to pursue remedies.

 

image.png Adapted by Asean Now from Thaitabloid 2025-12-13


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Sounds like another ponzi scheme the house of cards is falling 

Typical. Buy now, pray later. And, of course, all these would-be owners lost the cash to put down for a new place.

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