Strong Foreign Demand For Upscale And Luxury Units In Ploenchit

Ploenchit is an area in downtown Bangkok that is high on chic and prestige. It is not the place you will go to if you are looking for tourist attractions because the area is full of high-rise buildings, upscale apartments, embassies and high end shopping malls. You will find luxury hotel in Ploenchit that meets every need and convenience.

In recent years, the luxury residential market in Bangkok’s central business district has consistently performed well without any signs of slowing down. Demand for upscale and super-luxury luxury projects from foreign investors remain high. According to CBRE Thailand, a leading real estate developer, units in the heart of Bangkok are valued at 10 million baht making them highly popular among overseas investors.

Property Consultant Colliers International recently announced that condominiums along Sukhumvit Road have sold out their foreign quota to buyers from China, Japan and Hong Kong. Foreign quota is equivalent to 49% of the total space of all units in a condominium. Ploenchit which is the prestigious address in Bangkok is considered as one of the most desirable locations in the city’s business district because it offers everything that an individual needs.

The ritzy neighbourhood of Ploenchit is near the BTS Skytrain station, the expressway and the neighbourhood that is filled with glass skyscrapers and skywalks. In the early morning, you can take a stroll along Soi Ruamrudee where you will meet other residents walking their designer dogs or buying breakfast pastries from a neighbourhood café. At the end of the day, you can hang out with friends in cocktail bars and restaurants that cater to the rich.

According to the 2017 records of CBRE Thailand, it was revealed that Ploenchit-Chidlom CBD had the highest land price in Bangkok that has been recorded. Because of strong demand, the supply of high-end luxury condominiums in the area became significantly scarce.

Simply said, hotel in Ploenchit is one of the best options when you are looking for glamorous and convenient accommodations. The area is the place where humans, technology and nature peacefully co-exist. Because the hotel is located in the heart of the city, you can conveniently access all the exciting parts of Bangkok.

Share
Posted in |

US Department Of Commerce Subjects Heat-Treated 5050-Grade Aluminium Alloy To Taxes

An investigation was made by the US Department of Commerce on the alleged circumvention of the anti-dumping duty by major aluminium extruders from the People’s Republic of China. A final determination was made by the department that the heat-treated 5050-grade aluminium alloy that is in question is subject to taxes regardless of the producer, exporter or importer.

An investigation was launched in March 2016 upon the request of Aluminium Extruders Council that wanted to establish whether the 5050-grade was within the scope of the anti-dumping law.  Extrusions from China have been previously issued with countervailing duty only because the aluminium extrusions in question were not yet available when orders were placed in 2011.

After finding out that the aluminium alloy that was marketed as a product closely mimicked the aluminium alloys that were already subjected to anti-dumping duty and countervailing duty, the Department of Commerce upheld a prior preliminary determination last November. Custom officials will therefore assume that all the imports are heat-treated and will fall on the scope of the orders until the importers can provide evidence otherwise.

China Zhongwang was the Chinese firm that was at the heart of the issue. The Department of Commerce had harsh words for the firm that insisted that the reason why it did not cooperate with the department’s investigation was becauseit does not produce 5050-grade aluminium alloy. However, based on records there is adequate evidence that Zhongwang produces and exports the merchandise.

Zhongwang has failed to cooperate with the investigation to the best of their ability because it failed to respond to the questionnaire of the department regarding the issues. The Department of Commerce had no alternative but issue the final determination based on the adverse facts available. The final decision settles the issue on the 5050-aluminum alloy circumvention scheme.

The best and most complete line of aluminium extrusion bars, windows, doors and OEM products are available for your application. The only Japanese aluminium product manufacturer in Thailand applies highly flexible development and design capabilities to provide aluminium materials for industrial use. The products are the result of rigorous control systems and long experience in the manufacture of aluminium.

Share

World Luxury Awards For A Rooftop Restaurant In Sukhumvit

Let’s go search for the true beauty of Bangkok, and get a perfect view at a rooftop restaurant in Sukhumvit that you’ll never find elsewhere. If you’re afraid of heights, don’t be but learn to trust yourself to overcome the fears.

Just imagine the freshness at the top of Bangkok’s most famously skyscraper-top bar and restaurant. You can luxuriously dine and drink in these sixty stories above the ground.

An evening at Sirocco has been viewed as the prizewinning dining experience ever since the highest al fresco restaurant opened its doors to the world. It’s actually a distinguished site that was affirmed when the restaurant received the highest score by Thailand Tatler for being the best in categories of Food, Wine, Service and Ambience. Picture yourself fine dining in a rooftop restaurant in Sukhumvit amidst the overlooking ambience of Bangkok.

Feel the essence of the breeze as you reach the iconic Bangkok rooftop restaurant. You can ascend to the 63rd floor and walk down the aesthetically lit staircase. There’ll be great views of the city down below, while you listen to the relaxing tunes of the jazz band.

Skybar is a perfect place for pre-dinner drinks. Perk on the deep slope to your right while overlooking the city of Bangkok. Just ahead is the genuine Mediterranean cuisine, which is lusciously created with natural ingredients from the finest markets. The meals are carefully prepared and cooked by Chef de Cuisine Chef Gonzalo Ruiz, who brought to Sirocco a long gastronomic experience at the starred rooftop restaurant in Sukhumvitas well as hotels in Europe and Asia. Yes, it’snow here in Bangkok.

It’s truly the award-winning combination of cuisine, wine, service and ambience that perfection can start to emerge. It’sperfectly served by knowledgeable and talented staff. Sirocco’s cuisineswould not have been made possible if not for Chef Gabrielle Castellanza, his entire unnoticeable team, and incomparable ingredients.

For a lovely romantic meal, a magnificent business dinner, or an unforgettable family get-together, proceed to Sky Bar for some cocktails followed by exquisite cuisines at the renowned Sirocco. You are sure you’re going to have a nice time at the rooftop restaurant in Sukhumvit; reservations are highly suggested a week in advance.

Share