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Estate Management Problems Surface for Pricey Homes in Phuket, Thailand.

Bangkok Post (Bangkok, Thailand)

| December 08, 2003 | COPYRIGHT 2003 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Nina Suebsukcharoen

Dec. 8--One would think all would be perfect on a paradise island but reality has a way of marring the dreamlike quality of such islands including Phuket, where problems with estate management have been dogging buyers of villas and condominiums, some of which cost as much as a million dollars.

Stephen O'Brien, managing director of the Phuket office of Knight Frank, highlighted the problem in a recent interview, pointing out that setting up estate management operations for an exclusive residential project is often seen as the "unfinished business" of planning such developments.

"To be honest, there isn't a lot known about how to do this and often ...

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Source: HighBeam Research, Estate Management Problems Surface for Pricey Homes in Phuket,...

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