Royal View Talay Jomtien - Condo Developer Does a Runner - Scam?

Royal View Talay is located on 2 rai of land (38 meters wide and 85 meters deep) just 50 meters from the Jomtien Beach Road on Na Jomtien Soi 2/1.

Breaking News

Just received this story about Royal View Talay on Jomtien Beach. The thing that strikes me is just 50 meters from the Jomtien Beach Road

Now could it possibly be that the developer has realized that his condos may NEVER get built. 50 meters from the beach 8 storeys, That is over the 14 meter legal limit. Oh dear!! looks like the pack of cards is starting to collapse big time.

ATTENTION! TO ALL ROYAL VIEW TALAY OWNERS (NA JOMTIEN)
All investors in this project, I would like to invite you to this community I have created myself (investor or RVT too) to unite our efforts in finding out the truth and getting our money back (unless you still trust the developer and the project).

Since last week Thursdays press release by the company, nobody has been able to make contact with the developer (RICHARD IAN SILVER) or the company. I would appreciate if this blog can serve the purpose of gathering all information anybody can have at this time. However, and to play safe, with the evidence I have at this time, we have to assume the worst.

This LOOKS LIKE AN OUTRIGHT SCAM! If anybody can prove me wrong?? Lets get together in this online community and decide a course of action for the benefit of us all now.

RVT InvestorJose

For a whole week, the developer RICHAR IAN SILVER has been missing. He is missing with all the money.

I suggest we organize ourselves to defend our interests more efficiently. If you know anybody who has invested in this project or is about to, please pass on this information.

Royal View Talay Investors Blog

From the Royal View Talay Website
Royal View Talay is located on 2 rai of land (38 meters wide and 85 meters deep) just 50 meters from the Jomtien Beach Road on Na Jomtien Soi 2/1.

The Ultimate Executive Seaside Condominium Project on Jomtien Beach, Thailand!
The Royal View Talay Co., Ltd. is pleased to announce that they will launch booking of condominium units in Royal View Talay Condominium (TWO) on September 1, 2007. Their amazing Royal View Talay Condominium (ONE) project at Na Jomtien Soi 2/1, Na Jomtien, Thailand is now over 50% sold. A total of 77 condominium units are being sold off the plan at attractive introductory prices starting at 34,000 Baht per square meter. Construction is scheduled to begin on August 27, 2007 with completion in January 2009. At the start of construction prices for units in build (ONE) will be increased by 10% for these quality condos. Hurry and book now before the price increase and enjoy a superior investment providing outstanding returns.

Royal View Talay is located on 2 rai of land (38 meters wide and 85 meters deep) just 50 meters from the Jomtien Beach Road on Na Jomtien Soi 2/1. This is in the municipality of Na Jomtien and Na Jomtien Soi 2/1 is located between Na Jomtien Soi 2 and Na Jomtien Soi 4. Both Na Jomtien Soi 2 and Na Jomtien Soi 4 are very special roads in that they are two of only five roads that connect Sukhumvit Road to Jomtien Beach Road. Na Jomtien Soi 2 is next to the Royal View Talay Condominium property (50 Meters to the north) and runs from the Jomtien Beach Road to Sukhumvit Road. This makes for very quick access to Pattaya Shopping, Dining and Entertainment.

Royal View Talay Condominium (ONE) is lowrise, high tech 8 story condominium.