CRUNCHER Posted October 16, 2009 Share Posted October 16, 2009 Here is link to a newspaper report from Hong Kong about buyers of Thai property being ripped off. http://www.thestandard.com.hk/news_detail....&con_type=1 It seems that it is not only people in Thailand are being ripped off by Thailands developers. Link to comment Share on other sites More sharing options...
trogers Posted October 16, 2009 Share Posted October 16, 2009 (edited) Here is link to a newspaper report from Hong Kong about buyers of Thai property being ripped off.http://www.thestandard.com.hk/news_detail....&con_type=1 It seems that it is not only people in Thailand are being ripped off by Thailands developers. Keywords: villas, one property development, 2003, 2005 Questions to the estate agent - Isn't foreign land ownership generally not permitted in Thailand? How will these villas be owned? Edited October 16, 2009 by trogers Link to comment Share on other sites More sharing options...
quiksilva Posted October 16, 2009 Share Posted October 16, 2009 I'm surprised that they didn't raise their eyebrows at promises of a 12% net annual return, guaranteed for 8 years... i.e. almost guaranteeing their money back. Seriously, this one should fall under the "if it sounds too good to be true"....category Link to comment Share on other sites More sharing options...
CRUNCHER Posted October 16, 2009 Author Share Posted October 16, 2009 I'm surprised that they didn't raise their eyebrows at promises of a 12% net annual return, guaranteed for 8 years... i.e. almost guaranteeing their money back. Seriously, this one should fall under the "if it sounds too good to be true"....category Absolutely! A fool and his money are soon parted. Unfortunately it still gets Thai property market a bad reputation. Link to comment Share on other sites More sharing options...
alexanderthai Posted October 16, 2009 Share Posted October 16, 2009 time to wait and see. It will be the lowest point next year. Link to comment Share on other sites More sharing options...
LennyW Posted October 16, 2009 Share Posted October 16, 2009 time to wait and see. It will be the lowest point next year. For what exactly?? Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now