Connect with us

Opinion

OPINION: Do foreigners really own 90% of Phuket’s beach front?

Legacy Phuket Gazette

Published

 on 

OPINION: Do foreigners really own 90% of Phuket’s beach front? | Thaiger

PHUKET: The front page story in today’s Bangkok Post which quotes a leading research body as saying foreigners own 90% of Phuket’s beach front land has certainly struck a sour note against foreign ownership of land in Thailand.

The study, which was put together by the Thailand Research Fund, quotes a professor from Sukhothai Thammathirat University who says these holdings are lodged with Thai nominees.

Much of the current controversy stems from the recent reports of foreign parties looking to enter the rice and farming business in the country, with Thai Prime Minister Abhisit Vejjajiva telling the media that the Foreign Business Act explicitly forbids this, and that any violations would result in revoked land titles.

It’s disappointing to see such a one-sided story hit page one of the Bangkok Post as it’s clearly sensationalist. It appears that no facts or supporting documents have been presented; that there have been no hands-on investigations by Post journalists; and that no effort was made to obtain comments from foreigners with an interest in the Thai property industry. The story takes us back about two years, to the days when the Foreign Business Act plunged the nation’s property business into a serious flattening of demand.

Examining the claims made in the report, it has to be noted that there is, in fact, little beach front land available in Phuket as a large portion of the island’s coasts are rimmed by roads, such as in Patong and Karon. At Bangtao, Laguna Phuket has legal title to its large-scale land holdings through the Thai Government’s Board of Investment scheme. In Mai Khao, Anantara and Marriott are owned by the Thai-listed Minor Group.

Locally-owned hotels such as the Kata Thani, Thavorn, Sri Panwa and Sala occupy considerable areas. Even more noteworthy is the expansive Sirinath National Park which covers much of the west coast, pre-empting land ownership by anyone – Thais and foreigners alike.

The type of tabloid sensationalism in today’s Post will only further hamper efforts to encourage foreign investment during the current recession and property downturn. If there is substance in the theme of the report, the Post should publish evidence to support the 90% foreign ownership claim and give a bit of background on the foreigners and their nominees. Surely, that would be far better than inflaming an issue which only damages the country’s reputation amongst the investment community.

Click here to read the story.

— thephuketinsider.com

 

Get more from The Thaiger

📱 Download our app on Android or iOS
👋 Have your say on our Thailand forums
🔔 Subscribe to our daily email newsletter
📺 Subscribe / Join YouTube for daily shows
👍 Like/Follow us on Facebook
🐦 FOLLOW us on Twitter
📷 FOLLOW us on Instagram

image

Join the conversation and have your say on Thailand news published on The Thaiger.

Thaiger Talk is our new Thaiger Community where you can join the discussion on everything happening in Thailand right now.

Please note that articles are not posted to the forum instantly and can take up to 20 min before being visible. Click for more information and the Thaiger Talk Guidelines.

Click to comment

You must be logged in to post a comment Login

Leave a Reply

Archiving articles from the Phuket Gazette circa 1998 - 2017. View the Phuket Gazette online archive and Digital Gazette PDF Prints.

Follow Thaiger by email:

Weather5 hours ago

Flooded hospital in Chaiyaphum had to evacuates 40 patients

Thailand6 hours ago

300,000 more AstraZeneca vaccines donated from Japan arrived

Northern Thailand6 hours ago

Extremely rare earthstar mushrooms found in Phetchabun

Welcome back to Thailand!

Thaiger is getting behind local businesses for the restart of tourism in Thailand - up to 50% discounts across all advertising packages!

Weather8 hours ago

Flood warnings below of Chao Phraya Dam, across Thailand

Thailand10 hours ago

US calls meeting with Thai officials to resolve donated vaccines

Thailand10 hours ago

10 Burmese migrant workers arrested in Songkhla

image
Join the conversation on the Thaiger Talk forums today!
Thailand11 hours ago

Over 50 million vaccine doses administered in Thailand

Coronavirus (Covid-19)11 hours ago

Sunday Covid-19 Afternoon Update: Provincial Totals

World12 hours ago

China announces cryptocurrency trading is illegal

North East12 hours ago

Stolen 72 year old elephant returned to owner after 18 years

Thailand13 hours ago

Pattaya readjusts tourism goals for high season

Thailand14 hours ago

Phuket relaxes checkpoint requirements to help tourists and health officials

Phuket14 hours ago

Phuket Covid-19: 2 deaths, 4 Sandbox infections, 10k total cases

Thailand15 hours ago

Facebook page that claims to sell dog meat met with scorn on social media

Thailand16 hours ago

Thailand welcomes its first AI influencer, “AI Ailynn”

Thailand2 weeks ago

Morning Top Stories Thailand | Police to end protests, Human Trafficking | September 14

Thailand7 months ago

Thailand News Today | Thai Airways in rehab, All go for Songkran | March 4

Tourism7 months ago

Phuket’s nightlife. Yes, bars and clubs are still open | VIDEO

Phuket7 months ago

Thailand News Today | Covid passport talks, Thai Airways heads to court | March 2

Tourism7 months ago

Phuket Thai food treats you need to try | VIDEO

Thailand7 months ago

Thailand News Today | Bars, pubs and restaurants ‘sort of’ back to normal | Feb 23

Tourism7 months ago

In search of Cat & Dog Cafés in Phuket Town | VIDEO

Thailand8 months ago

Thailand News Today | Gambling crackdown, Seafood market to reopen, Vlogger challenge | Jan 21

Thailand8 months ago

Thailand News Today | Covid testing for visas, Business impact, Vaccine approval | January 19

Thailand8 months ago

Thailand News Today | Weekend Bangkok bombs, Thailand fires, Covid update | January 18

Thailand8 months ago

Thailand News Today | Stray car on runway, Indonesian quake, 300 baht tourist fee | January 15

Thailand9 months ago

Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14

Thailand9 months ago

Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13

Thailand9 months ago

Thailand News Today | Bangkok may ease restrictions, Phuket bar curfew, Vaccine roll out | January 12

Thailand9 months ago

Thailand News Today | Covid latest, Cockfights closed down, Bryde’s Whale beached | January 11

Trending