July 9th, 2009
Follow up on condo issues
BUYERS LODGE COMPLAINT OVER UNFINISHED CONDO PROJECT
THE NATION (Thailand)
www.nationmultimedia.com
BY PIYANUCH THAMNUKASETCHAI
SUCHEERA PINIJPARAKARN
DATE PUBLISHED: 09 JULY 2009
DATE POSTED: 09 JULY 2009
The developer of the delayed Charisma Sukhumvit condominium project, In Style Estate Ekamai Co Ltd, says the group is ready for an inquiry by the Department of Special Investigation (DSI) - to show they never meant to cheat clients.
Managing director Peerasak Klinsunthorn insisted the firm would return all money to clients despite suffering liquidity problems.
Yesterday, some 31 people who paid deposits for rooms in the planned luxury block lodged a complaint with the DSI. The buyers accused the project owner of fraud, after four years of little progress on the building.
The buyers made statements and presented evidence to show they had paid a total of Bt28 million in reservation fees and a fifth of the price of each unit to the managers of In Style Estate Ekamai.
