Along the way we learned how Thai property deals fail, how the bankruptcy process treats foreigners, and how little of it is explained anywhere in plain English. Most of what a foreign buyer finds online is written by people selling property. RealSiam is written by people who bought it.
What we do
- Case files. We document failed projects from court records, company filings and the documents of the people affected, with sources and a right of reply. The first is Wyndham Grand Nai Harn Beach Phuket.
- Guides. What to check before you buy, the red flags in a sales pitch, and what to do when things go wrong.
- News. Every morning we scan Thai property news and keep what matters to foreign buyers. Read the digest.
- Introductions. If you are in trouble, we put you in touch with licensed Thai lawyers who have handled similar cases, and with other buyers in the same project.
What we don’t do
- We are not a law firm and don’t give legal advice.
- We don’t sell property, take commissions from developers or agents, or accept advertising from them.
- We never ask the people who contact us for money.
How we check facts
We rely on documents and public records: the Royal Gazette, the Legal Execution Department, company filings with the Department of Business Development, court decisions, and contracts and correspondence we have seen ourselves. We say where each fact comes from. We separate facts from opinion, and we label opinion as such.
If we get something wrong, we correct it and say so on the page. Any company or person we name can reply, and we publish the reply. See corrections and right of reply.
Why the name
Siam is the old name of Thailand. Real is what is left when the brochure ends.