Classifieds 50% off, use promo code FBkpkPromo The Phuket News Kata Rocks The Phuket News Outrigger Koh Samui Beach Resort
The Phuket News Thailand News
The Phuket News Phuket | Thailand | World | Business | Q&A | Weird World XML, RSS, Feed
The Phuket News The Phuket News
The Phuket News

Buyers of Centara Residence condo file lawsuit

PATTAYA: Miss Thailand 2000 Panadda “Boom” Wongphudee is leading a group of 157 people so upset over five years of construction delays that they filed a complaint with the DSI against the Centara Grand Residence Pattaya.

construction, crime, land, police,


Bangkok Post

Wednesday 8 March 2017, 08:59AM


Panadda ‘Boom’ Wongphudee, a former Miss Thailand who is now an actress, model and businesswoman, says she and 156 others bought units at Centara Grand Resident Pattaya in 2012, but the project is still unfinished and possibly abandoned. Main photo: Instagram/boompannada
Panadda ‘Boom’ Wongphudee, a former Miss Thailand who is now an actress, model and businesswoman, says she and 156 others bought units at Centara Grand Resident Pattaya in 2012, but the project is still unfinished and possibly abandoned. Main photo: Instagram/boompannada

The suit says that the 157 had bought and paid for units in the project, but it was still unfinished, with work apparently halted.

Ms Pannada’s actions forced Central Plaza Hotel Plc, owners of the Centara brand, to back away from the project, claiming the company has a licensing agreement but no involvement in the unfinished construction project.

The Australian educated “Boom”, who has been an actress and businesswomen since her year as Miss Thailand, filed the complaint yesterday (Mar 7) with the Department of Special Investigation (DSI) against the developer of the mixed-use Centara Grand Residence Pattaya project after the company called a halt to construction at what many in Pattaya call an eyesore.

The suit names Tulip Group (Bazis Development Co). The firm has been advertising an “iconic” Centara Grand Residence at Jomtien, and selling units since at least 2012.

Ms Pannada said she was convinced to buy a condo unit for B20 million because of this architect’s drawing. Tulip Group is a Pattaya-based firm with Israeli roots. The CEO and founder is Kobi Elbaz.

It introduced Centara Grand Residence in September, 2012, as a condominium project on 10 rai in Pattaya’s Na Jomtien area. Mr Elbaz said that when completed in 2014, it would comprise 283 condominium units worth B6.4 billion and 200 hotel rooms operated by the Central Plaza Hotel Group’s Centara chain. It still has not been finished.

Mr Elbaz claimed after a project pre-launch in December, 2011, that the group sold 55 units worth B550mn. Some 80% went to Thai buyers, followed by Russians and Americans.

Central Plaza Hotel Plc, which manages the Centara hotel brand, said immediately after the suit was filed that the company has only a licensing agreement with the Tulip Group to use the Centara Grand brand for the project and had been contracted to manage the hotel after it was completed.

The group denied any involvement in building or selling units in the Jomtien project.

“The company is not the owner of the project and is not involved with the sales management side,” it said.

The company says a clear disclaimer appears in all promotional materials for the condo part of the project which says “Centara Grand Residence, Pattaya is being developed and sold by the developer, Tulip Group (Bazis Development Co) and not by Central Plaza Hotel Plc or its affiliates.

“Centara has not confirmed the accuracy of any of the statement of representations made herein, and Centara is not part of, or an agent for the developer and has not acted as a broker in connection with the sale of Centara Grand Residence Pattaya. Neither Central Plaza Hotel Plc nor its affiliates, employees or representatives make any warranties or representations in respect of the project,” the disclaimer says.

The company said it regretted the situation and sympathised with buyers.

News that the project is in trouble emerged only recently, observers said. The developer could not be reached for comment.

The group of buyers said they bought units off-plan at prices ranging from B2mn to B35mn per unit. They estimated the damages they had suffered at B500mn.

Boom said she booked a B35mn unit in 2012, convinced by the ads and condo plans.

The owner offered her a price cut to B20mn for her unit in exchange for her acting as the project’s presenter. She accepted the offer and signed a contract.

Months later, she said the owner chatted with her online, made advances to her and asked her to go out with him at night. “I thought it was suspicious so I cancelled the presenter deal and asked for a return of the deposit of B2.5mn,” she said.

But the project owner returned only B1.8mn, saying some of the money had been invested in a business in Singapore, Ms Panadda said.

Read original story here.

 

 

The Phuket News
The Phuket News
Comment on this story
* Please login to comment. If you do not have an account please register below by simply entering a username, password and email address. You can still leave your comment below at the same time.
Comments Here:
Username:
Password:
E-mail:
CAPTCHA
    Forget your password?

Be the first to comment.

The Phuket News
The Phuket News The Phuket News The Phuket News
The Phuket News
Share this
The Phuket News
Have a news tip-off? Click here
The Phuket News
Related stories
The Phuket News
Phuket community

Recent Comments


Thai Immigration 90-day reporting service goes offline – again

A Phuket Immigration official, ...who declined to be named...? Why is that a thai government public spokesman not want to be named? Always so strang...(Read More)


Phuket taxi, tuk-tuk drivers rally against Patong parking crackdown

Pauly44: I agree with you! A real light rail track could be created at Patong, ( even as a tourist attraction) and I mean a local very light rail li...(Read More)


Phuket Police chief warns against breach of new Computer Act

wow, a fine of 200,000 thb for saying/publishing something what suppose to be free to do according international treaties signed by Thailand. Which T...(Read More)


Areas in Phuket Town to have water shut off tomorrow

So good public are informed in advance. And that is the way it suppose to be. Yesterday there were parts of Chalong without electricity from 09:15...(Read More)


Phuket taxi, tuk-tuk drivers rally against Patong parking crackdown

Phuket can't have its cake and eat it to, they MUST give back & come up with a long term solution to their transport problems which are deeply...(Read More)


Fingerprinting for SIMs made mandatory

Sir Burr, you are correct, 1984 is here and now. Every assault on our freedom is done under the guise of "security". This will not reduce th...(Read More)


Army chief hints ‘Kotee’ behind blast

Anyone feels comfortable when police/army authorities 'believe' or 'hint'? To me, it is not professional, at least not in releasing s...(Read More)


Army chief hints ‘Kotee’ behind blast

Discover Thainess: Of course we are not entirely sure. Not sure at all as long one can use a foreign SIM card in his phone. ( easy, even for thai i...(Read More)


Phuket taxi, tuk-tuk drivers rally against Patong parking crackdown

Many, many years ago, I drove often to Patong for dinner in small thai restaurants at Nanai Road, side soi's at Beach road. That were years you s...(Read More)


Army chief hints ‘Kotee’ behind blast

Have I missed something here? Whilst I fully understand the govt wanting to have sims registered as they can be used in setting off IEDs, surely there...(Read More)

The Phuket News
Bangkok Hospital Phuket
PHUKET NEWS
Phuket
Thailand
World
Business
Q A
Weird World
ARCHIVE
POLL
CURRENCY
WEATHER
PHUKET TIDE TABLE
The Phuket News PHUKET LIFE
Phuket Arts
Phuket Community
Phuket Culture
Phuket Dining
Phuket Education
Phuket Entertainment
Phuket Environment
Phuket Health
Phuket People
Phuket Technology
Phuket Travel
Photo Galleries
COLOURING BOOK
The Phuket News PHUKET SPORT
Phuket
Thailand
World
SURF REPORT
PREDICTIONS
The Phuket News PHUKET CLASSIFIEDS
Phuket Buy and Sell
Phuket Jobs
Phuket Property
Phuket Cars and Boats
Phuket Community
Phuket Services
SEARCH CLASSIFIEDS
POST CLASSIFIED
The Phuket News The Phuket News PHUKET EVENTS
Phuket Event listings
Phuket Event calendar
Buy Tickets
POST EVENT
The Phuket News PHUKET DIRECTORY
Phuket Bars, pubs and clubs
Phuket Hotels and villas
Phuket Restaurants
Phuket Yellow Pages
POST LISTING
The Phuket News BARGAINS
The Phuket News ABOUT US
The Company
Distribution points
Subscribe
Advertise with us
Pay for advert
Contact us
CONTESTS
Content Google Map
Site map
Australian Visa Services
 
Currency - The Phuket News   Weather Report - The Phuket News   Surf Report - The Phuket News
LinkedIn - The Phuket News   Twitter - The Phuket News   YouTube - The Phuket News   Facebook - The Phuket News
Copyright © 2017 Class Act Media. All rights reserved. | Website usage terms and conditions | Privacy and Confidentiality Statement.