The Petit Tycoon - Developer Reliability and Reputation

Moderate risk signals found: delays, complaints, or disputed situations. Warrants attention during due diligence.

The Petit Tycoon (developer The Chardonnay Co., Ltd., a partnership of Boat Pattana and Finfinite Asset) is building a 77-residence project at Surin Beach with completion expected in 2026-2027. In January 2026 a steel reinforcing beam fell from a construction crane at the site and pierced the roof of a neighboring house; no injuries were reported, but the local administration (OrBorTor) ordered a 30-day construction halt for safety compliance, and no criminal charges have been filed. Other available sources are mostly promotional or neutral construction-progress updates.

This material was prepared with the help of artificial intelligence. Please check key figures and terms with our adviser.

Responsible for content: Leonid Ustinov, Aster Of Asia Co., Ltd.

• Cherng Talay condo project halted, no charges filed over steel beam incident2026-01-20The Petit Tycoon construction site was halted by local authorities for 30 days after a steel beam fell from a crane into a house, indicating safety violations on site
• Steel rod falls from luxury condo crane into Phuket home2026-01-16Confirms the incident at The Petit Tycoon construction site and homeowner complaints about damage and prior water leaks
• Steel rod falls into home in Phuket, making it 3 construction-related incidents in Thailand in 3 days2026-01-18Additional confirmation of the site incident, with homeowner complaints about repeated water leaks from the construction
• Phuket: Schon wieder Kranunfall2026-01-16German-language outlet confirms the crane incident at The Petit Tycoon site and disputes over responsibility
• Home - The Chardonnay2025-06-21Developer official website describing the project and company portfolio

Sources: www.thephuketnews.com, www.khaosodenglish.com, mustsharenews.com, thechardonnay.co.th, oceanwwp.com