Thai DBD to regulate rules for condominiums and housing estates

[webfact]

DBD to regulate rules for condominiums and housing estates

BANGKOK, 16 July 2014 (NNT) – The Department of Business Development (DBD) is planning to tighten rules in the management of condominiums and housing projects, to promote transparency and provide greater protection for tenants and buyers from false advertising and unfair management of common fee collections.

Director General Phongpan Jiarawiriyapan stated that her department has joined hands with the Property Management Association of Thailand in tightening the regulations for condominiums and housing estates, requiring operators of those projects to be more responsible to their clients and communities by sticking to transparency and good governance.

The move is to make the property market more reliable and attractive to buyers in preparation for the opening of the ASEAN Economic Community next year.

Miss Phongpan said the Department is set to implement a 3-step development scheme for the housing sector. The steps involve building management skill and knowledge, then raising the sector’s business standard, and finally creating an operator’s network to expand market opportunities.

The DBD has initially set an aim to lift the quality of 200 property businesses out of the 1,091 companies registered with the DBD nationwide.


-- NNT 2014-07-16

[noitom]

Thai 3 steps. They have a lot of 3 step and 5 point initiatives. We only see the announcements in the Thai press. Never the follow up and accountability for the success of the steps, measures, programs..etc..

[PattayaPhom]

Well done again

[chainarong]

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Thai 3 steps. They have a lot of 3 step and 5 point initiatives. We only see the announcements in the Thai press. Never the follow up and accountability for the success of the steps, measures, programs..etc..

The systematic failure of senior, middle and lower managements in all aspects of government departments, is a thing of beauty and although not exclusive to Thailand, excels itself never the less.

[ezzra]

Every body is jumping on the junta band wagon wanting to show off with grandiose

schemes, I bet that nothing will come out of it, talk is cheap...

[catweazle]

Thailand - hub of transparency

Edited July 16, 2014 by catweazle

[Halion]

Perhaps they should also involve themselves in the actual construction permits and plans.

[Local Drunk]

Bull shit... Put them under California building codes and see them all wither in reality.

[Local Drunk]

I think that the problem is that most of us here is that we came here to avoid the crap of the west... and in in end we beg for it.

God help us!

[Oorinara]

LOS has no concept of License to Sell, which enforces developers to start construction and complete within a certain timeline after sales commences. So, anyone can sell whatsoever printed on flyers with neither regulated timeline to deliver nor penalty for indefinite kickoff. Some ASEAN peers such as Malaysia and even the Philippines have rather strict License to Sell regulations and enforcement. Hope LOS can learn from them.

Sent from my iPhone using Thaivisa Connect Thailand

[KhunBoy]

If the Thai government is more efficient like in other countries and can create suburban councils and provides roads and other infrastructures there wouldn't be a need to set up a separate juristic for every "moobaan" that exists but that is probably just a fantasy here. The success of and standard of service in each project depends on the competency and trustworthiness of the elected representatives of the private Juristic that has been formed. How often do we find money gone missing in such cases and /or poor maintenance work being done by relatives and "connections" of reps? Come on, this is still Thailand. The Thai government should look into having better systems of rates collection which in turn are used for providing services and infrastructure to all households. The post management of real estate in this country is in disarray because of inconsistencies in the services provided by each developer and the subsequent juristic bodies that are being set up. There are also many cases where property owners have refused to pay their periodic maintenance fees due to various reasons but still continue to co-exists within the compound. If rates are collected by a government body or council and becomes a compulsory payment like power bills then perhaps things will start to work out better. A juristic body has to be independent of the inhabitants within a project.

[noitom]

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Another way to characterize Thailand is an "ineptocracy."

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Thai 3 steps. They have a lot of 3 step and 5 point initiatives. We only see the announcements in the Thai press. Never the follow up and accountability for the success of the steps, measures, programs..etc..

The systematic failure of senior, middle and lower managements in all aspects of government departments, is a thing of beauty and although not exclusive to Thailand, excels itself never the less. alt=coffee1.gif>

[englishoak]

Thai 3 steps

1 Propose

2 Formalise

3 Ignore

[scorecard]

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Thai 3 steps

1 Propose

2 Formalise

3 Ignore

In the most part I agree, however all too often point 2 is missing so its' a 2 step process.

I know: one house in a luxury village, one condo in downtown Bkk.

- House. Developer (foreigner) full of big claims including total 'new style registration' of the village development (in fact just loud mouth crap with no meaning), but he never actually registered the development at all, claimed he had received building permits for everything, in fact they don't exist,now 14 years on still enormous problems and developers response every time is just more nasty abuse. Every attempt to bring the law down on this character has ended up in a mess with no result and he's clearly protected by local scaly politicians.

- Condo. After owners committee formed 2 old Thai Chinese ladies got hold of the owners funds bank books (3 or 4 large deposits in different banks, the funds are the common property of all the owners) and refuse to give them to the elected committee. Building now needs major work in terms of non compliance with waste water laws, electricity laws and more, committee passed resolutions to get all of this fixed, cannot get access to funds. Two westerners elected to the committee and tried through lawyers to get access, two ladies mentioned then started a successful campaign to get the Thai owners to believe that the two foreigners were con men waiting to steal all the money, they also demanded a special all owners meeting and got the foreigners off the committee. Give up, move on.

[KhunBoy]

I think the Thai govt needs to really study how properties are managed efficiently in places like Singapore and Australia before again setting out to blindly introduce new regulations that may not work at all. A another trial and error exercise will only slow down the cleaning up of the Thai property sector. We need sustainable solutions quickly.

Edited July 17, 2014 by peterchin

[TallGuyJohninBKK]

No surprise, but nowhere in the OP article does it say exactly what rules are being "tightened" or what exactly DBD is proposing to do.... just vague mumbo jumbo.