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Jomtien's New Building Boom (and the Old Ocean 1 site)

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2 minutes ago, CNXexpat said:

Right now we have much better air than the people in BKK and parts of the Isaan. And do you write the same comment about Phuket, where was very bad air when they burned in Indonesia, but only in this time, not all year long?

I am sure you are right at the moment

but GeorgeCross has not precised when he would want to visit.

 

I could write the same comment about Phuket with no problem.

I have been in Phuket only one time and i promise it was the last time

i haven't been impressed by the beaches and the traffic is crazy

plus the local population isn't really welcoming with the tourists.

 

Even in Pattaya, where i live. we have had some very bad air days some weeks ago.

I have lived in Chiang rai (In a rural area) during 5 years and the burning season was a hell

 

The air pollution is becoming a real problem in Thailand and unfortunately

the authorities don't seem to be very proactive about it.

 

But we are already off topic

so i don't develop more

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7 hours ago, CGW said:

Didn't the "developer" build the new Immigration office on Soi 5 as part of the "deal"?

 

49 minutes ago, sharecropper said:

An earlier poster mentioned the construction of the Jomtien Immigration building. I'm certain that was built as part of another 'deal', not related to Ocean 1.

 

Wasn't it the developer that built the View Talay Residences?   (That wasn't K-Tech, was it?)  The design of the Immigrations building looks like it.

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On 12/10/2019 at 4:30 PM, Leaver said:

 

 

You can't sell them beer in a bar, and food in a restaurant, but they do need accommodation. 

You can sell them deodorant...

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K Tech is/was a construction company only (controlled by a very large framed European). The developers of the View Talay Residences/homes were Bruno, Michael and a few other Ferrari/Roll Royce/Porsche owners, who of course have had their come uppence over the years.

It was time of lots of loose money around.

That cowboy time is over, but still lots of developers with large cash reserves.

Pattaya has, and will continue to have it's phases, especially in the construction area.

Hope this helped a bit..cheers.

Edited by couchpotato
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16 hours ago, CNXexpat said:

I am waiting that the government enforces the law that condos have to be rented out for minimum one month. Then so many owners will get a problem.

 

Here in Chiang Mai many hotels and guesthouses have a problem with less guests and on the other side a 600 condo complex is build right now who advertises with "Airbnb-friendly". 

Authorities will eventually have to make a decision.

 

Do they allow it, or enforce it.  Allow it, and hotels go broke.  Enforce it, and owners go broke, and a big slow down in the construction industry, which means a loss of Thai jobs. 

 

Thailand marketed itself to the Chinese and Indians, and Thailand got the Chinese and Indians.  Now, they have to deal with the way this demographic "holiday" abroad. 

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1 hour ago, Leaver said:

Authorities will eventually have to make a decision.

 

Do they allow it, or enforce it.  Allow it, and hotels go broke.  Enforce it, and owners go broke, and a big slow down in the construction industry, which means a loss of Thai jobs. 

 

Thailand marketed itself to the Chinese and Indians, and Thailand got the Chinese and Indians.  Now, they have to deal with the way this demographic "holiday" abroad. 

Instead of condos the constructors will build hotels and guest houses which hire a lot of staff - and pay taxes. 

I guess that most of the Airbnb owners are foreigners and the government is not famous to be interested in foreigners instead of tourists.

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2 hours ago, Leaver said:

Enforce it, and owners go broke

If prohibition of short term rentals was strictly enforced, it might be OK in Bangkok, where most visitors stay in hotels, but in Pattaya, owners of apartments wouldn’t be the only people to go broke. There’s another topic on this forum about the 1 million Russian high season visitors. Most of those who go to Pattaya will stay for a week or two in apartments in Jomtien/Pratumnak. They prefer an apartment with a kitchen and washing machine to a hotel room, and there simply aren’t enough hotels in those areas anyway.

The tourist industry there would be devastated, difficult problem for the Thai government. In beach towns in Croatia and Montenegro where I spend the northern summer, nearly everyone stays in short term apartments, with none of the problems that there are in Thailand - short term renters and long term renters and owners seem to get along just fine.

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14 hours ago, sharecropper said:

another real estate casualty.

 

I recall one high flying farang realtor (if that's the correct term) who was involved in the project and a vocal proponent of the project who suddenly and permanently left Thailand as things began to fall apart.

 

i don't recall his name or company, but before he left, he sued someone on a different forum, not TV, for defamation because he was named and unpleasantly characterized. Not sure how successful the suit was.

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5 hours ago, Leaver said:

Authorities will eventually have to make a decision.

 

Do they allow it, or enforce it.  Allow it, and hotels go broke.  Enforce it, and owners go broke, and a big slow down in the construction industry, which means a loss of Thai jobs. 

 

Thailand marketed itself to the Chinese and Indians, and Thailand got the Chinese and Indians.  Now, they have to deal with the way this demographic "holiday" abroad. 

I don't think many Thais are employed on these big construction sites as for the most part it's Khmer & Burmese staff, they don't have the same workers rights as Thais, are easier to dismiss & cheaper.

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1 hour ago, SidJames said:

I don't think many Thais are employed on these big construction sites as for the most part it's Khmer & Burmese staff, they don't have the same workers rights as Thais, are easier to dismiss & cheaper.

I agree, most of the unskilled labor is Burmese and Khmer. 

 

What about all the skilled Thai jobs, including drawing up the plans, and operating heavy machinery? 

 

There's a lot more employment involved in these project than just the laborers. 

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3 hours ago, CygnusX1 said:

They prefer an apartment with a kitchen and washing machine to a hotel room,

And why do you think that is?

 

Would it be so they can cook in their own kitchen, to save money, and wash their own clothes?

 

Now picture the Chinese and Indian market doing the same, and that's a lot of struggling hotels, restaurants, and even laundries. 

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5 hours ago, CNXexpat said:

Instead of condos the constructors will build hotels and guest houses which hire a lot of staff - and pay taxes. 

I guess that most of the Airbnb owners are foreigners and the government is not famous to be interested in foreigners instead of tourists.

Have you considered the possibility these large condo projects are being built for the purpose of daily rental? 

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16 hours ago, couchpotato said:

K Tech is/was a construction company only (controlled by a very large framed European). The developers of the View Talay Residences/homes were Bruno, Michael and a few other Ferrari/Roll Royce/Porsche owners, who of course have had their come uppence over the years.

It was time of lots of loose money around.

That cowboy time is over, but still lots of developers with large cash reserves.

Pattaya has, and will continue to have it's phases, especially in the construction area.

Hope this helped a bit..cheers.

I am intrigued as to how Bruno, Michael and co had their come uppance? not that I know otherwise, just if you know something i'd like to hear about it as google searches etc don't bring up much? Cheers

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22 minutes ago, Leaver said:

Have you considered the possibility these large condo projects are being built for the purpose of daily rental? 

Sure I have. But what does this have to do with my comment?

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1 hour ago, Leaver said:

 

Would it be so they can cook in their own kitchen, to save money, and wash their own clothes?

 

Now picture the Chinese and Indian market doing the same, and that's a lot of struggling hotels, restaurants, and even laundries. 

That’s true, but they’ll still spend money, most will still eat at restaurants some nights, and budget travellers will just hand wash their clothes anyway if staying at a hotel. Croatia and Montenegro seem to love even those tourists who stay in apartments. Better to have budget tourists than no tourists.

Edited by CygnusX1
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