Thailand’s Office of Consumer Protection Board has revealed that one if four complaints it received during the first six months of this year related to property and real estate.
It reported how home buyers have very high expectations, yet 697 of the 2,843 (or 24.5 percent) of complaints it handled in the first six months of 2014 related to property.
It noted how in the past many complaints related to delays in the delivery of a home, but now that has changed to standards of delivered properties.
The top complaint related to construction standards, how construction was not completed on schedule, and how malfunctions kept occurring once finished.
Other complaints lodged with the office including requests for refunds relating to developers not delivering as promised, and a lack of transparency in the field of property management.
Andrew Batt, International Group Editor of PropertyGuru Group, wrote this story. To contact him about this or other stories email andrew@propertyguru.com.sg
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If you have a news story or comment for publication about Thailand property or real estate email: andrew@propertyguru.com.sg