Familyonthemove Posted September 23, 2016 Share Posted September 23, 2016 Does anyone know what happened to Klass Condo in Langsuan? Construction started in 2013 and it sold out in 24 hours due to its location. Supposed to be finished in 2015, but it still looks unfinished and empty? Link to comment Share on other sites More sharing options...
ExpatOilWorker Posted September 23, 2016 Share Posted September 23, 2016 The sole agent CBRE have two agent you can call. I have no idea what happen but would also like to know. http://www.cbre.co.th/en/Property/Detail/Buy/Condominium/Bangkok/Central-Lumpini/Klass-Langsuan-Condo http://www.cbre.co.th/en/Property/Detail/Buy/Condominium/Bangkok/Central-Lumpini/Klass-Langsuan-33571 Link to comment Share on other sites More sharing options...
trogers Posted September 24, 2016 Share Posted September 24, 2016 Sold out is an agent's lingo to mean fully booked, and not actual sales. Resales unit is an agent's lingo to mean, booked units that have their bookings defaulted and cancelled. This is why it is always safer to buy only in completed projects, ready for title transfer. Link to comment Share on other sites More sharing options...
Familyonthemove Posted September 24, 2016 Author Share Posted September 24, 2016 (edited) Double post due the sucky new TV site Edited September 24, 2016 by Familyonthemove Link to comment Share on other sites More sharing options...
Familyonthemove Posted September 24, 2016 Author Share Posted September 24, 2016 I asked around and heard that the building may have failed it's Environmental Impact Assessment (EIA) and so construction was put on hold. Not sure if this is correct, as I can't find anything in writing in English or Thai? But I have seen news reports of other buildings failing the EIA and all deposits were returned, the building was then redesigned and re-launched. Link to comment Share on other sites More sharing options...
blackcab Posted September 24, 2016 Share Posted September 24, 2016 13 minutes ago, Familyonthemove said: I asked around and heard that the building may have failed it's Environmental Impact Assessment (EIA) and so construction was put on hold. Not sure if this is correct, as I can't find anything in writing in English or Thai? But I have seen news reports of other buildings failing the EIA and all deposits were returned, the building was then redesigned and re-launched. You don't receive a building permit until the EIA is approved. If the developer starts building before this then they are completely at risk. That is going to be an expensive problem to fix. Really. Link to comment Share on other sites More sharing options...
blackcab Posted September 24, 2016 Share Posted September 24, 2016 (edited) . Edited September 24, 2016 by blackcab Duplicate Link to comment Share on other sites More sharing options...
trogers Posted September 25, 2016 Share Posted September 25, 2016 They are not supposed to launch sales before getting a building permit... Link to comment Share on other sites More sharing options...
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