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Welcome to FrontDoor24 We are a private contract planning consultancy, dedicated to representing foreign investor’s interests in Asia. Our business is to report on specific projects and supply our customers with private on-line updates. As well as being time and date stamped, all the information supplied is confidential, accurate and backed up by expert experience and guarantees. Investment In Asia Over the past 5 years Asia has become a hotspot for investment. Thailand, in particular has witnessed meteoric rises in property sales and valuation. As a result of western investment the growth of unscrupulous building contractors and developers has risen, also to alarming levels. It’s Not All Bad News There are good, honest developers and builders out there. Sometimes though, it is best to put measures in place that outline your intentions from the very beginning of the project. Positive action sends a clear message to a developer and ensures that they are aware that it is your intention to keep track of their every move, their scheduling, reporting and spending. With careers and lives in home countries. Investors find it difficult and expensive to visit their project on a regular basis. Most projects have a lifespan of around 15 months and require at least 5 staged payments. Visits can be very expensive and time consuming. The extra cost adding, in many cases up to 20% to the project value. This is all extra cost, which eats into planned profit margins at the business end of your project. 55% of private construction projects in Thailand require additional funding. 60% of those are suspended. These figures increase by 30% and developer variation cost increases rise by 40% for unsupervised projects. Time consuming visits are overlooked. The importance of control in specific areas coupled with bad information, which only becomes evident during a visit adds huge margins. All in all, the whole experience can become a costly unrewarding venture, Some find investment abroad too much for them. Others, who have thought the whole experience through, find that Asia and especially Thailand can be the land of opportunity. Peace of Mind Any prospective investor in property throughout the world, who has a TV can switch on to watch programme after programme reporting horror stories revealing investors who have been fleeced of their money by developers demanding staged payments. In some cases investors have paid fortunes for holes in the ground. In most cases the investor has been supplied with inaccurate information about their dream homes and what stage the project is at. They then find, having paid all the money, only a small percentage of the build has been completed. In some cases: Nothing has been done. It can be a nightmare, completing a project which a developer has abandoned. Developers who have disappeared with investor’s savings are common place in countries such as Spain, Cyprus and Portugal. Investors in projects abroad have found they are not as well protected as they would have been in their home country. We can’t change that! We can however help you to ensure you don’t pay too much, too soon by supplying a programme of planned activities and information on the progress of your dream home, as things happen. This allows you to make an informed decision when payments are requested. We guarantee you will never ever pay too much, too soon as a result of inaccurate information supplied by us. Keeping up with the day to day eventualities of your project can be a time consuming, expensive business. Most investors are not able to be there at every staged payment. This is why FrontDoor24 offers a completely independent service to our clients, throughout Asia. By securing our services for the life cycle of your project, you have the peace of mind that you will receive completely independent advice and reports from a Qualified Project Management Professional who has no interest in whether you pay your builder or developer on time, a week late or months late. Our consultant simply reports on what they have seen. We do not liaise in any way with the builder or developer and are legally contracted to supply you and you only with private, up-to-date, time/dated detailed photographs and reports within 72 hours of the site visit. As our client, we will arrange with you when and how often you wish to be updated on your project. You decide whether you want our consultant to visit on a regular basis or visit for spot checks as and when structured payment demands are received. Our fees will reflect the level of information you require. Developers & Contractors We are not suggesting for a minute that all contractors and developers are unreliable. We are suggesting though, during the life span of a build things do go wrong and extra funding is sometimes required. With regular visits, these extra costs may be justified and budgeted for. You can be sure that a developer who knows they are likely to be reported upon regularly is more likely to finish on time and on budget than a developer who is given a free reign.
‘Don’t leave your project finances in the lap of the Gods. We can be at the project’s door 24 hours a day, when you can’t be.”
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“Management you can trust. Planning you can see.” |
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à Life Cycle Client Project Representation. à On Site Short Notice Client Representation. à Project & Ad-Hoc Planning Contractors. à Secure Project & Client Specific On-Line Live Reporting. à Expert Construction Advice & Supervision. à Project, Commercial and Contract Management. à International Secure Off-Shore Fund Transfer Service. à Negotiation & Renegotiation of Construction Contracts. à Quantity Surveying. à Delay Impacting & Demonstrations. à Full Claims Arbitration Service. |
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www.FrontDoor24.com |
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Contact Us: mark.thomas@FrontDoor24.com UK: +44 (0) 7815 988 487 UAE: +971 (0) 409 201 620 THAILAND: +66 (0) 890 979 516UK: |