Labua development

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Lev
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Re: Labua development

Post by Lev » Wed Apr 01, 2015 7:06 am

We welcome general discussion on property related issues but will not permit the posting of specific information that may be defamatory or used as part of a legal dispute at a later date. This includes but is not restricted to the names of real estate companies, developers, owners, photographs or republication of private messages or email. What is permitted will be so at our sole discretion, this forum is not a platform for property disputes.
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Re: Labua development

Post by Tonio90 » Fri Sep 23, 2016 2:03 pm

Never buy anything from La Bua -

[Post edited, please read the explanation above.]

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Re: Labua development

Post by mwbrown » Wed Sep 28, 2016 2:17 pm

La Bua is being developed by the two Danish guys who own the 2nd Home property agency in town. I bought my condo through them and they also run the rental program in my condo. I find they are great guys, just stop in the office or go out to La Bua and talk with them and see for yourself.

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La Bua Resort

Post by Michaelnoot » Sat Mar 18, 2017 11:37 am

Dear all,

I have a couple of friends who have purchased villas in the La Bua Resort. It now looks like the whole resort is falling apart.

[Admin edit: Slander is a criminal offence in Thailand so we have removed the names and details from this post. Thank you for understanding.]

Does anyone know what is going on ?

have a wonderful weekend,

Michael

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Re: Labua development

Post by Michaelnoot » Fri Mar 24, 2017 5:47 pm

The project will file for bankruptcy shortly. You just need to follow the news in the future and you will get all the information you need. 2 of the 4 partners have from the very beginning cheated their own parthers, customers, suppliers and so on. If hard to believe but true.

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Re: La Bua Resort

Post by Name Taken » Sat Mar 25, 2017 10:08 am

Michaelnoot wrote:
Sat Mar 18, 2017 11:37 am
Dear all,

I have a couple of friends who have purchased villas in the La Bua Resort. It now looks like the whole resort is falling apart.

[Admin edit: Slander is a criminal offence in Thailand so we have removed the names and details from this post. Thank you for understanding.]

Does anyone know what is going on ?

have a wonderful weekend,

Michael


Oh Well, It's just 1 more residential area that will probably become a no-go slum.
You should see all of the apartment buildings in Bangkok that are falling apart and are quickly becoming or already are trashy slums. :shock:

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Re: Labua development

Post by Bluesky » Sun Mar 26, 2017 12:25 pm

Michaelnoot wrote:
Fri Mar 24, 2017 5:47 pm
The project will file for bankruptcy shortly. You just need to follow the news in the future and you will get all the information you need. 2 of the 4 partners have from the very beginning cheated their own parthers, customers, suppliers and so on. If hard to believe but true.
If what your claiming is correct I hope that the workers there are are treated fairly, as many have commitments and families relying on them. They generally survive on a month to month existence financially.

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Re: Labua development

Post by dundrillin » Sun Mar 26, 2017 1:38 pm

I fear the workers are stuffed but biggest losers will be the sub contractors and not forgetting those who have paid their deposits and stage payments. Hopefully the major creditors can find a developer to finish it off.

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Re: Labua development

Post by seasides » Sat Apr 01, 2017 8:23 pm

I heard the developer only agrees to continue building if owners pay 12.5% more than the contract amount.

Who knows, now it's 12.5%, next month more... Development looks like a huge mess.

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Re: Labua development

Post by Michaelnoot » Tue Apr 18, 2017 2:32 am

Well... Story on the street is developing and builders in Hua Hin are trying to keep it concealed. Apparently the two Danish developers have been robbed big time bit the 2 other developers.. No big news out yet but will come soon surely.

Sad story for all,

M

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Re: Labua development

Post by caller » Tue Apr 18, 2017 10:47 am

Is the Labua being discussed here the place on the way to Banyan that just appears to have a dirt track heading to it, with the foliage either side overgrowing? If so, is that the back entrance?
Talk is cheap

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Re: Labua development

Post by PBbeacher » Tue Apr 18, 2017 2:04 pm

Yes, and no, that is the main entrance.

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Re: Labua development

Post by caller » Tue Apr 18, 2017 4:00 pm

PBbeacher wrote:
Tue Apr 18, 2017 2:04 pm
Yes, and no, that is the main entrance.
Thanks, I was going to have a nose around, curiosity and the cat and all that, but decided against it.
Talk is cheap

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Re: Labua development

Post by Michaelnoot » Fri Apr 21, 2017 12:41 am

Story is developing everyday. The owners are (Mod edit: no names on this thread please you have already been warned) As it stands now two of them cheated the two others and ran off with the $$$ on kick back commissions. No slander, no one knows what is true at the moment except 60 families are left in limbo.

/M

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Re: Labua development

Post by Pagey » Fri Apr 21, 2017 9:43 am

Michaelnoot wrote:
Fri Apr 21, 2017 12:41 am
Story is developing everyday. The owners are (Mod edit: no names on this thread please you have already been warned) As it stands now two of them cheated the two others and ran off with the $$$ on kick back commissions. No slander, no one knows what is true at the moment except 60 families are left in limbo.

/M
Not too difficult to find the names, click information tab and meet the team on their website. :thumb:
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