Category Archives: Industry

7% Expected Growth For Bangkok’s Residential Property Market

If you are looking for a new home, why don’t you consider Luxury House in Sathorn that allows you to express your individual style? One of the best advantages that can be gained from luxury homes is space that will allow you to create different designs that will match with your requirements. You can also include several amenities which is not possible on an average home.

In Thailand, the government has proposed expansion of investments for infrastructure projects. This will improve Bangkok’s residential property market to realize the expected growth of up to 7% in 2018. Growth in Bangkok’s residential property market corresponds to the major views of project developers who continue to view the market as one with the best growth opportunities.

Products and offerings of the real estate market are expected to remain the same without any major changes in unit sizes and room layouts. Instead, project developers will be enhancing facilities to differentiate their products from the competition and help boost sales. In general, expect new luxury projects to include automated parking for businesses to add 20 to 30% capacity.

Development of home projects will focus on areas that are easily accessible from the train network particularly the Orange Line, Blue Line and the extension of the Green Line that is currently in progress. The property market is expected to expand to the outskirts of Bangkok where the train passes because it makes it more convenient for people to travel to the city.

However, the single home market and townhouse market located in the outskirts of the city with traffic issues will experience less expansion and low growth. Distance from train lines will hamper growth because there are few plans to build new roads that will accommodate cars and ease traffic. The condominium market that is located near the train lines has a definite advantage because it does not require lots of land for development.

The first and foremost consideration of home buyers is location and the ability to travel easily from point to another. Requirements of home buyers are easily addressed by Luxury House in Sathorn that has modern features and energy efficient technologies.

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Is Australia’s Record Housing Boom Finally Over?

Real estate accounting can be rather complex if you are managing properties for a client because you are dealing with large amounts of money on a regular basis. Well managed accounting system can make all the difference. Mistakes or erroneous entries could cost the client a lot of money. For an accountant working in the real estate industry, chartered accountant insurance is very important to cover professional risks.

According to a global investment bank, Australia’s world record housing boom is officially over. Home prices in Sydney have fallen for the second month in a row. UBS economists informed their clients that a persistent and sharp slowdown is unfolding to end 55 years of unprecedented growth that resulted into home values soaring by as much as 6500%.

In capital cities, home prices have continued to slow down on a quarterly basis. Everything is being weighed down by lending requirements that have tightened for property investors and banks raising home loan rates. Based on figures from property data group Carelogic, in Sydney, home prices fell by 0.6% over the quarter and down by 0.5% over the month.

In Melbourne, market prices have remained resilient with home prices up by 0.5% for the month but for Darwin and Perth, home prices were down by 4.4% and 0.7% respectively over the last quarter. Home prices have remained flat nationally over the month but edged up by 0.4% over the last 3 months to October 31.

UBS was previously cautious of the property market and has made the forecast that Australia’s annual home price growth will moderate from the solid double digits to 7% by January 2017. UBS also predicted that prices will fall further by 0.3% in 2018. The cooling is happening more quickly than expected with the recent weakness in auction clearance rates and the anaemic growth over the last 5 months.

One of the important aspects in risk management is chartered accountant insurance to provide protection against professional risks. Even with the minimum required insurance for accounting professionals, there are other unique risks that be encountered which require additional coverage that best suits the needs.

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Reasons To Hire Funeral Directors In Sydney

There are religious cultures that require the immediate burying of the deceased but for most cultures, viewing and holding ceremonies for the dearly departed is a common practice. There are different ways to show your last respects to a departed loved one, one of these is to hire one of those funeral directors in Sydney who will organize everything for you while everything is heavy and painful. Here are some of the things a funeral director will do for you:

Offer respect and dignity to the deceased

One of the best ways to show your love and respect to a departed loved one is to hire experts who will prepare the body and make your loved one appear dignified and presentable especially if the deceased got into an accident or a consuming disease that lead to his or her death. The funeral home, through the supervision of the funeral director, will handle the embalming, make up, dressing and overall preparation of the body for the viewing.

Celebrate the life of the departed

Part of the functions of funeral directors in Sydney is to prepare for the eulogy, the releasing of doves or balloons, organize the singing of songs, sharing of photos and happy memories of the deceased with the family or friends and other details that are in accordance to the family’s or the deceased’s last wishes. Losing a loved is already hard enough and if you would have to go through the paperwork and the tiny details related to the programs,the entire process would be even harder for you. The reason behind hiring funeral directors and personnel is for you to focus on more important matters related to the life and death of your loved one.

Easier acceptance

Losing a loved can never be easy no matter how you claim to be prepared. To give yourself more time to grieve to be able to heal, the funeral directors in Sydney will do all the tasks for you. This will make it easier for you to recuperate and finally take steps to move on.

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Considerations Before Buying A 12 Volt LED Strip Lighting

Whenever you need to buy a 12 volt LED strip lighting for any purpose whether it’s to light up the side of your car or, to hype up the swimming pool in your own backyard, there are things you must consider first because even though the LED technology consumes less electricity compared to the conventional bulbs, choosing the wrong LED bulbs is extremely dangerous and it can make any house vulnerable to fire.  Below are the considerations you must remember for your own safety and for the safety of your family and properties as well:

  • First thing that you will need to consider is the kind of LED strip that your house or office needs. Keep in mind that there are four kinds of LED strips you can choose from: the DC LED Flex strips which is the perfect choice if you specifically need the 12 volt LED strip lighting; the AC LED Flex strips which are flexible and you just need to plug them into the right power outlet and they are working; the LED Rope Light which is usually encased in the standard light rope packaging; and the High Power LED strips which have rigid strips with built-in drivers and circuitry. If you are not sure which of the LED strips will be perfect for you to use, it’s recommended that you consult someone who has enough knowledge when it comes to LED technology.
  • The next thing you will need to consider is the actual length of a LED strip that you will use for example, for your awesome display cabinet which holds your collection of action figures. The length of the strip must be able to fit the dimension of the cabinet to prevent overloading.
  • Keep in mind that not all LED strips can produce the same amount of brightness. Determine how bright the LED strips will be for your home. If you install LED strips that are too bright for your cabinet, this will cause physical damage to the ones inside the cabinet over the course of time. Also, you have to decide what colour the LED strips will produce when it’s lighted up.
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World’s Largest Burger Chain Setting The Stage For A Turnaround

It is probably safe to assume that most people are familiar with McDonald’s, the largest hamburger chain in the world. The hamburger chain was considering a real estate investment because of its potential tax advantages but it ceased to pursue spinning off its real estate assets.

In an investor’s meeting, Chief Administrative Officer Pete Bensen said that any possible value that will be created with real estate investment trust (REIT) is outweighed by significant financial and operational risks. Instead, McDonald’s is now planning to refranchise 4,000 restaurants instead of its previous target of 3,500 restaurants. This will put McDonald’s in a position to meet its new long term goal to be 95% franchised.

A number of changes are being made by McDonald’s in the US to set the stage for a turnaround. Tweaks have been made to food preparation like toasting buns longer and searing burgers to make them juicier. The company is also switching back to butter and regular English muffins instead of whole grain and muffins and margarine on its Egg McMcffins.

The company is also making efforts to simplify its menu, speed up service and improve order accuracy to increase its profits. An example is the new buttermilk chicken sandwich which is being positioned as a premium offering to boost consumer perception about food quality.

Looking ahead, McDonald’s is expecting increased sales at established locations worldwide for the final months of the year. In the third quarter, sales at established US locations have edged higher to end the streak of 2-year quarterly declines. McDonald’s is expecting sales growth from 3% to 5% next year with capital expenditures of about $2 billion.

In Europe, McDonald’s has announced that its packaging is now sustainably sourced. Packaging items like cartons, cups, bags, napkins and tray liners are made from 170,000 tonnes of wood fiber from recycled sources in the forests. This step represents a key milestone in McDonald’s Europe sustainable packaging strategy.

In the United States, Paper Mart is the largest one-stop source of packaging materials for all requirements. All types of packaging products are offered at the lowest possible prices without compromising quality.

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Real Estate In Today’s Digital World

According to the Federal Reserve of the United States, real estate is valued at an estimated $40 trillion which makes it the largest asset class in the country. Due to this, it is no longer surprising for TechCrunch to report that in the last quarter of 2014, venture funding and real estate tech firms reached almost $300 million.

Venture capital firms are companies that backup the likes of Uber, Instagram and Buzzfeed. They are actually pouring a lot of money into these rising tech startups while residential listing and brokerage app Compass has managed to lure talents from tech giants like Google and Twitter. Redfin has reinvented real estate brokerage through the combination of advanced technology with full service brokers to raise $71 million. However, in spite of significant progress there are still big gaps in several areas and problems that require solutions.

In spite of the growth of real estate at an immense pace, technology in multi-family real estate sector has been lagging. The sector was able to contribute more than $1.3 trillion to the US economy in the form of jobs, construction, management, operational expenditures and renter spent in smaller communities. Americans are also choosing rental housing because of the decrease in the number of married couples with children. Baby boomers have also begun to downsize and are now moving to apartments or condos. Millennials also choose to be rent for mobility, comfort and financial reasons.

By 2023, more than 4 million new renter households will be created but by 2030 at least ¾ of these households will be childless. It is expected that there will be a surge in new rental listings. However, if renting is new owning why are personal checks still being written in order to pay for rent in 2015? According to research about 78% of renters prefer paying their rents electronically but the industry is only able to collect about 30% of payments online. The real estate industry has not caught up to the increasing demands of these particular amenities.

However, it is pretty clear that the entire process of leasing and buying property will eventually take place online with documentation and payments including automated selection of house and agent.

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