The Consumer Protection Board (CPB) has agreed in principle on key measures designed to curb disputes between homebuyers and real estate developers following a surge in complaints. Cases filed with the CPB regarding property issues topped the list of consumer issues submitted to the office, CPB spokesman Songrit Rattanadilok na Phuket revealed. He said the CPB was dealing with more than 3,000 cases. The board discussed a plan to devise new and urgent measures to better tackle real estate-related consumer issues and make the work more integrated, he said. Most of these problems are found to stem manly from developers' greed and lack of professional ethics, which often leads them to exploit an unfair contract with home buyers to achieve maximum profits, a source at the CPB office said.

Source: Bangkok Post July 29, 2017 23:03 UTC