Codo projects fail EIA | Bangkok Post: property

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Failed EIAs kick condos to the kerb

Cancelled bookings, design revisions arise

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A growing number of condo projects already launched for sale have failed to win environmental impact assessment (EIA) approval, forcing developers to return booking money and revise project designs. 

A prospective buyer talks to a condo saleswoman at a property fair earlier this year. TAWEECHAI TAWATPAKORN

The problem, which causes projects to be delayed or even scrapped entirely, was common a few years ago and has recently re-emerged in the booming condo sector.

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