Connect with us


Patong Tower apartments up for auction



Patong Tower apartments up for auction | Thaiger

PATONG: Eighty apartments in the tallest building by far in Phuket, Patong Tower, will come under the auctioneer’s hammer on December 12, some 13 years after planning permission for the 32-story block on Thaweewong Rd was first given.

Siripong Chechang, chief of the Public Works Department of Patong Municipality, today addressed concerns by some potential buyers that the building was constructed illegally.

It was pointed out by some residents of Patong that the building is far higher than the limit set in a 1992 ruling by the Ministry of Natural Resources and Environment (MNRE), which prohibits buildings more than 12 meters in height within 30m of the high-tide mark.

K. Siripong said, however, that Patong Tower does not break the rule because planning approval for it was granted in 1991 – the year before the ruling came into force.

“The MNRE law was passed in 1992 but planning permission for Patong Tower was granted in 1991, before restrictions were imposed in Phuket,” he said.

“[Patong Municipality] had the responsibility to ensure that this building was built according to the original plans, specifically that it did not exceed its original stated height,” he added.

Explaining the long gap between planning permission being granted for Patong Tower and the auction of apartments, 13 years later, Benjaporn Panya-Ngarm, customer service supervisor for the new owners, Divine Property and Development Co, said that the property had for years been classed as a non-performing loan, or NPL.

“The original developer borrowed funds from Siam Commercial Bank and some [unnamed] foreign banks but was unable to repay on schedule and [the Tower] was declared an NPL. Divine Development and Property bought it from the banks this year.”

The auction is due to take place on Sunday, December 12, in the Aroonrat Hall of the Patong Resort Hotel.

Prospective buyers of the 80 units must deposit 100,000 baht to enter the bidding.

“We believe that this is the first auction of its kind in Patong,” said K. Panya. “There will be no minimum bid and the auction will be clean,” he promised.


Get more from The Thaiger

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.

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

Follow Thaiger by email:

Thailand5 mins ago

UPDATE: Woman who allegedly abused a soldier is a police officer

Kanchanaburi16 mins ago

Police shoot and kill major drug trafficker in Kanchanaburi

Tourism27 mins ago

Thailand’s CCSA talk tourist stats, visas on arrival and home isolation

Thailand34 mins ago

RTN’s ocean conservation activity accused of spoiling ecosystem

Chon Buri1 hour ago

Ferocious cobra bites rescuer’s girlfriend in Chon Buri

Thailand2 hours ago

Angry tourists demand refunds from tour operators in Thailand

Join the conversation on the Thaiger Talk forums today!
Thailand3 hours ago

Motorbike taxi driver saves teenager from suicide in eastern Thailand

South3 hours ago

UPDATE: BRN insurgents admits to Deep South bombings

Crime4 hours ago

Alleged kidnapper arrested, girl reunited with parents after months

Cannabis4 hours ago

New govt bill on cannabis hopes to clear blurred lines in Thailand

Crime4 hours ago

Famous Thai actress “Pinky” jailed for Forex-3D scam, denied bail

Chon Buri5 hours ago

Father tragically drowns while fishing in Chon Buri pond

Crime5 hours ago

South African’s life sentence reduced to 33 years for drug trafficking in Thailand

Thailand5 hours ago

PM’s office is one of Thailand’s top advertising spenders

What you get for $X5 hours ago

What $500,000 buys you for a condo in Phuket, Pattaya, Koh Samui, and Bangkok

Thailand11 months ago

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

Thailand1 year ago

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

Tourism1 year ago

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

Phuket1 year ago

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

Tourism1 year ago

Phuket Thai food treats you need to try | VIDEO

Thailand1 year ago

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

Tourism1 year ago

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

Thailand2 years ago

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

Thailand2 years ago

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

Thailand2 years ago

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

Thailand2 years ago

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

Thailand2 years ago

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

Thailand2 years ago

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

Thailand2 years ago

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

Thailand2 years ago

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