Category Archives: News

Thai Condo Market Attracting HK Investors

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The modern hotel in Sukhumvit or in any major Thai city, with its high-class design and furnishing, is rivaled only in quality, it would seem, by the country’s condominium units, if investments made by Hong Kong investors are to be believed.

Investors from Hong Kong have been investing even more money into the Thailand condo market. According to one Theerapan Nunthapolpat, Siam Commercial’s Bank manager for the Hong Kong branch, it’s a result of the investment returns the market gives to the investors, clocking in at about >5% per year.

According to Mr. Nunthapolpat, condo units in Thailand priced between the range of Bt5 M and Bt10 M are popular with investors from Hong Kong, with focus on areas such as Sukhumvit, and Thailand’s other major tourist spots, such as Phuket and Pattaya. He states that prices in Thailand are lower than those in HK, which he points out as the reason why Thai condos are popular to HK investors.

Hong Kong condos cost somewhere between HK$10,000/ft2(Bt450,000/m2) & HK$40,000/ft2(Bt1.8M/m2). For comparison, a Thailand condo ranges from Bt150,000/m2 to Bt 250,000/m2 with the most expensive luxury condo unit in Thailand, from the 98 Wireless development project, costing Bt 550,000/m2.

Furthermore, Mr. Theerapan states that there is also a notably large difference in the interest returns in Hong Kong when compared to Thailand, which further increases the appeal of the Thai market. The return averages at about 5-6% in Thailand, whilst in Hong Kong, it averages at about .02%. This means that the Thai market is very enticing for Hong Kong investors.

The statement is backed up by the real estate company Sansiri, who states that their Thai condos have sold not only in Hong Kong, but also in Singapore, Taiwan and mainland China.

Company president Srettha Thavisin states that the company sees a lot of demand from HK-based investors, who seek out condo units in Bangkok’s financial district, with particular interest on condos priced no higher than Bt10 M. Mr. Thavisin has also stated that these foreign investors pay in full, all cash.

According to Knight Frank, a real estate consultancy, HK investors are interested in Bangkok condos because they see them as a profitable business opportunity.

A modern hotel in Sukhumvit attracts tourists, whilst the condos attract investors. It seems that Thailand has quite a bit to look forward to.

Second Natural Gas-Fired Electric Power Plant To Be Built In Oregon

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Oregon has recently announced that a $900 million natural-gas fired electric power plant will be built on N. Lallendorf Road. This will be the second natural gas electric power utility for the city. The other is the 800-megawatt power plant of Oregon Clean Energy that is still under construction but is expected to be completed by spring. The construction of the 960-megawatt power plant will commence by early 2018 so that it can be operational by 2020.

Both plants have the same developers, William Siderewicz and William Martin. They were given the option in 2013 to use an adjoining parcel of land in N.Lallendorf Road for expansion purposes. City Administrator Mike Beazley refuses to disclose information about the project but the clean burning facility will replace the coal-fired power plants that generate electricity for Oregon.

Since the developers are the same for Oregon Clean Energy, it can be safe to assume that that cooling tower will be requiring at least 3.5 million gallons of untreated water daily from the Lake Erie. About 85% will be dissipated into the atmosphere during the cooling process. The remaining 15% will be piped into the city’s wastewater treatment system.

About 26 persons are expected to be employed by Oregon Clean Energy with an annual payroll of around $3 million which will be beneficial to the local economy. In addition, the Oregon school board has made an agreement with Oregon Clean Energy for a tax incentive donation that will contribute yearly funds for the district for 15 years. The total payments that will be received by the district will amount to $17.5 million. It is expected that a similar agreement will be reached with the construction of the second natural gas-fired electric power plant. However, according to Beazley, it is still premature to talk about agreements including water and sewer systems because construction has not yet started.

If there is a need for residential and commercial electrical installations and maintenance, the best option is electrician in Perth who has a reputation for excellence, superior service and affordability. The electrician is also fully licensed and highly qualified to perform electrical work.

Electrosafety Campaign In Malaysia To Educate The Public On Electrical Safety

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The ElectroSafety Campaign was launched by energy specialist Schneider Electric in cooperation with the Energy Commission and The Electrical and Electronics Association of Malaysia so that people will become more aware of electrical safety in their homes.

According to Soo Pow Leong, the Malaysian county president of Schneider Electric, the goal of the campaign is to educate the public regarding the importance of proper electrical protection and safety products to reduce electric shock injuries. Electrical accidents have become rather common with 13 accidents reported and seven fatalities in 2015. In 2014, 63 cases were investigated by the Energy Commission; 27 were fatal and 36 were non-fatal.

Many people are not aware of the importance of circuit breakers in residential and commercial buildings. People are exposed to the dangers of electrocution when there is no proper implementation of electrical protection and safety products. In most cases, accidents are caused by damaged insulations, overheating of cables and damp conditions.

The ElectroSafety Campaign hopes to educate the public on simple safety precautions and the importance of investing on proper electrical fittings not only for the prevention of accidents but electrically-related fires, fatalities and injuries.

According to Soo, modern lifestyle today requires more appliances in the home. For example, a household has a microwave, 2 water heaters and washing machine that runs through electricity. The risks of electrical accidents are higher than before particularly if the homeowner does not implement proper safety measures. In order to reduce the potential for electrical accidents, it is necessary to invest in the right equipment and ensure that it is properly installed by expert electricians.

In the next few months, Schneider Electric will be launching the Electrician Programme as an extension of the campaign for the recruitment and training of electricians so that they will be updated with new products and regulations.

In order to ensure that your home is safe and free from electrical hazards, your best option is the electrician in Brisbane that has decades of experience in the installation and maintenance of electrical systems. Remember that your home is usually your biggest investment and it is only proper to ensure that it is safe from electrical fires and accidents.

Will The Tourism Industry Of Thailand Be Able Recover?

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The success in the tourism industry of Thailand is expected to remain stable this 2017. This will also continue to be the major reason why the economy of the country will steadily grow despite the assumptions of tourism officials that there will be a decrease in the number of Chinese tourist visiting the country – at least for the first few months.

The government started their crackdown on cheap tour packages September of last year and this has created a negative impact on the number of tourists coming from China. The authorities as well as operators in private tourism business are not concerned though because they believe that the flocks of tourists will eventually return to its usual volume.

According to the Tourism and Sports Ministry, the tourism industry will bring in revenue as much as 2.71 trillion baht for the year 2017. Foreign tourists will be contributing the 1.78 trillion of the total revenue. When this happens, the revenue will grow by 8.5 per cent compared to the figure recorded last year. 930 billion will be coming from domestic tourism which will increase the number by 7.5 per cent in comparison with the figure in 2016.

It was projected earlier that they will earn 2.6 trillion but later changed it which resulted to an increase of 8.2 per cent compared to the expected target last year which is at 2.5 trillion.

International tourists arriving in Thailand is expected to rise up to 35 million for this year. Last year, 32.5 million foreign tourists came to the country.

The economy of the country is now slowly recovering, thanks to the measures done by the government as well as the investment that has entered the country in terms of massive infrastructure projects. This will be the reason why the tourism in Thailand will continue to grow. According to the prediction made by the Fiscal Policy Office, the economy of Thailand will increase by 4 per cent for this year.

Tourism plays a great role in the economy of a region thus tours such as in Thailand and South America Tours are being promoted in order for the countries to benefit.

The Role Of Social Media In Making Death Less Morbid

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The idea of social media is to enhance communication and interactions among people but unexpectedly, social media became a platform for almost all aspects of life. Social media has changed the way that people talk and plan about death. In fact, some Facebook friends can setup a memory of pages to remember a friend that passed away.

Facebook has become a forum for an exchange of ideas about death to make dying less morbid. It made people more comfortable talking about death which was taboo decades ago. Twitter, on the other hand, has provided a place for people to talk about issues relating to bereavement and grief. Such posts can be re-tweeted or liked from a safe distance.

An outpouring of grief and condolences were tweeted in response to the reported deaths of George Michael, Carrie Fisher and Debbie Reynolds. More than 4 million tweets connected people from all over the world.

A report entitled “Making the Most of Life” showed a significant change on how people say their condolences to grieving families. 50% still use the traditional condolences while 22% are more inclined to post their condolences and messages through social media. The report also revealed that the 20 to 39 age groups are more comfortable posting their condolences through social media with almost a third (31%) opting to do so. The older generation composed of people who are 60 years old and above are more likely to include a sympathy card to their post (69%).

Traditional headstones are no longer the trend because only 32% prefer to be remembered through this option. At least 6% wish to be remembered through a virtual space in the internet for the purpose of being remembered. Another growing trend is using the internet for funeral planning. Many people search comparison websites to determine the price for funeral arrangements.

When a family member or friend has passed away, the best support and assistance can be provided by Funeral Homes in Sydney. Whether the choice is cremation or traditional burial, the funeral homes will help in ensuring that everything proceeds as smoothly and comfortable as possible for the grieving family.

Video Content – A Marketing Trend To Watch Out For This 2017

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Based on the results of a recent study, it was estimated that an average internet user spends at least one-third of this time watching videos. From these statistics, it is clear that consumption of video content is on an upward trend. In 2016, online video ads were the trend with online users exposed to at least 32.2 videos per month. 2017 looks to be another promising year for video content and marketers should take notice of this form of innovative marketing.

Video content that will trend in 2017

Videos on multiple platforms – the number of internet connected devices have increased over the past years. This has led to an environment where consumers have multiple devices that can be used to watch video content. According to a report from Think with Google, at least 85% of adults between 18 and 49 years old own multiple devices which they use simultaneously. Marketers must ensure that video content is easily accessible on different kinds of devices for 2017.

Video content on Facebook – it cannot be denied that Facebook remains to be the most popular social media platform. In the last couple of years, Facebook has invested heavily on video so that views increased from 1 billion to about 8 billion. When Facebook Live was launched, it cemented the platform’s status as a global online influencer. In 2017 it is expected that more Facebook users will be sharing and posting Facebook Live videos.

360 degree videos – is a new innovation that has been well received by online users. According to Magnifyre 28.8% and more watches 360 video compared to those who viewed the traditional version. 360 degree videos provide viewers with a more realistic experience particularly for the real estate industry. Businesses should take advantage of the opportunities of reaching their audience through 360 degree video marketing this 2017.

Changes occur frequently in online marketing that it has become somewhat daunting to cope up. Stay up to date with marketing innovation by outsourcing marketing campaigns to skilled and experienced teams. Your online marketing campaign will be properly managed to accommodate any changes in customer behavior and preferences.

A Lot Of Room For Growth

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Despite the uncertain economic status of the country, Thailand is still welcoming a lot of new establishments for the year 2017 such cultural landmarks, shopping complexes as well as luxurious hotels. For shopping destinations, here are some projects to look forward to.

  • Scheduled to be open to the public before the year ends. The project is worth 50 billion baht located in Charoen Nakhon Road. Once the project is finished, it will have two shopping complexes, lifestyle attractions as well as two condo buildings for residential purposes. It will have a total area of 525,000 square meters which will feature both the Iconsiam and Iconluxe.
  • CentralPlaza Mahachai. This project will be finished by the fourth quarter of this year. It will have around 300 stores and it has a total land area of 170,000 square The store can be found at Rama II and consumers will have a lot of options in terms of food destination.
  • CentralPlaza Nakhon Ratchasima. Set to open in September. This project is designed for mixed use which will feature convention hall, park, shopping centre, outdoor lifestyle market and hotel. It covers a total land area of 355,000 square meters and it will be the 31st branch of the Central Empire. The project can be found on Mitrapap Road.
  • Central Phuket. This is another branch of Central which will open in December. It will be dominating the main road of the island and will offer around 700 shops in two different buildings that are connected only by a sky-link that features an automatic walkway.

Aside from shopping centers, there are also a lot of luxury hotels opening in Thailand this year. Here are some of the most awaited ones.

  • Marriot Marquis Bangkok Queen’s Park. This is the very first hotel in Thailand that is designed by Marquis. It is located in Sukhumvit 22 and had its soft opening last December. The project boasted 1,360 rooms and suites, 3 ballrooms and 30 meeting chambers.
  • The Edition Hotel. The New York branch of this hotel is known as a design hotel and has over 270 rooms and suites. The Thailand branch will have now have its own version of design hotel in Bangkok with 155 rooms as well as a lot of space meant for public spaces. This project is termed as the Bangkok Edition.