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2017 As The Year Of Uncertainty In The Property Market

Location is usually the main factor considered when choosing a Luxury House in Phatthanakan because some prefer to live away from the city while others choose to be close. For some of the high-end home buyers, nice views are important but others prioritize convenience, privacy and comfort. There are other factors to reckon with like the number of bedrooms and baths and the size of living and dining space.

For the year 2017, the global luxury real estate market has to face several challenges. In London, Brexit has certainly created a lot of issues that resulted into an unpredictable market. In the United States, a new president was elected with a new tax plan in the works to influence how people decide to invest their money.

According to Jeremy Stein of Sotheby’s International Realty, 2017 is a year of uncertainly for the real estate industry which is not really a good thing. Although Mr. Stein was talking about New York, his comments can be applied to other cities all over the world. As of September 2017, Mr. Stein said that luxury home buyers have come to an understanding that uncertainty is the new world order. Investors have started to be comfortable with the uncomfortable so that they started buying properties without any assurances for the future.

Many notable transactions have been brokered in 2017 which are in defiant of external influences. In New York City where there is a wealth of inventory but small demand, sellers were willing to slash prices. Manhattan’s luxury real estate prices dropped with the median resale value of luxury homes dropping 2% year-over-year to $4,317million, the lowest level since 2014.

A 2-unit spread at Trump Towers experienced a 31% price cut in November.  A Plaza Hotel apartment that was listed last November for $25million was offered with 50% discount from the original asking price in 2014.

Some of the reasons why you should consider investing in Luxury House in Phatthanakan include ease of access to the expressway, BTS and airport link. Besides that, major project developers continue to view the luxury property market as one with excellent growth opportunities.

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Increase In Rail Fares To Be Expected

There is a recently released common ticketing system and it could affect the electric train line fares. The chairman of BTS Group Holdings Plc, Keeree Kanjanapas, said that it is expected that the fares will increase if the government failed to provide additional subsidies to private companies that the responsible in managing the lines all over Bangkok. There is an ongoing hotel promotion in Bangkok at the moment but the fare hike can be a turn-off to tourists and locals alike.

He explained that a number of companies have been charged with higher costs in operation and maintenance because of the increase in the number of daily passengers as well as the expanding routes of the transit system. Mr. Keeree said that it is natural for each operator to demand prices accordingly.

He said that both BTS and MRT are using their own price with a starting fare of one baht. With the case of the common ticketing system, they have to get an approval first before they will be given the right to make their own collective starting price.

Once the common ticketing system is complete, the passengers will only be using a single card which they refer to as the Mangmoom or Spider card. The same card can be used for whatever mode of transportation the passenger desires.

There are many instances wherein integration of the system has been planned but never happened. According to latest announcement made by ArkhomTermpittayapaisith, the minister of transport, the new schedule in officially rolling out the new cards will be June of next year.

For the June schedule, the public will only start to use the Mangmoom cards when commuting via the public buses and Airport Rail Link while on October, it can be used on the Purple and Blue Lines of the MRT as well as the BTS skytrain.

Based on the decision of the cabinet, the Mass Rapid Transit Authority of Thailand or MRTA will now be in charge of the cards instead of the Office of Transport and Traffic Policy and Planning or OTP. It is expected to help with hotel promotion in Bangkok as tourists will only have to use one card in all of their commutes.

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Rats Included In Pest Control Technology Called Gene Drive

Researcher based in Scotland recently announced that they have already created two ways to stop the fertility of female species of mice and rats. The same technique has been developed earlier in order to stop the spread of mosquitoes infected with malaria. This is good news for pest control in Sydney because they are currently having problems with the increase of rat population in the city.

The gene drive technology employs engineered genes that have been taken from different generations in order to disrupt the biological processes that these species usually goes through. The result is that the offspring have two copies of genes in them. In a normal setting, the animals get a single copy of genes from their father and another one from their mother.

This new technology has proven to be effective and powerful. Needless to say, it carries controversies because once the organisms have been genetically engineered the ecosystem might suffer from the resulting impact which cannot be undone.

Many are concerned about the rapid increase in the number of mutant species whichis why some are recommending that the gene drive should be banned. Bruce Law of the Roslin Institute in the University of Edinburgh believes otherwise and thinks that the decision is a short sighted one.

He said that if the gene drive is to be prohibited, they will not be able to conduct research which is necessary in order for them to get a deeper understanding of how the technology can be used in the society and if it is possible to utilize it.

He added that if there is enough understanding then they will be able to determine what the technology can do and utilize it in a controlled manner. The decisions should be determined by the facts gathered and not because of the people’s fear.

If successful, this will be beneficial to pest control in Sydney because the unwanted species will be killed in the most humane way possible. They no longer have to use harmful poison or traps which can harm other innocent species.

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Lismore Might Have The Answer To NSW’s Glass Crisis

The city of Lismore might have an innovation to any glass company, like Economy Glass, looking to recycle might have interest in. This is good, as this means the regional city might have the answer to an issue plaguing New South Wales that’s led to kilotonnes of glass sitting around gathering dust in stockpiles and landfills across Australia.

People with inside information on the industry say that the issue started due to regulation issues in the industry, problems with the market, and no other place for the unused glass to go. There has also been reports about a network of transport companies leaving the wasted glass by the roadside, and the rail to Queensland in order to avoid the AU$138/tonne New South Wales landfill levy. They head for Queensland, due to the Council areas within 150km of the NSW-Queensland border don’t have to pay the levy.

Notably however, the Lismore City Council, despite being 150km of Queensland, does not run with the levy exemption and instead handles the processing of its own waste. The city uses an innovative and unique recycling system that turns the unused glass into a construction material, via crushing into a sand-like composite material.

The Lismore Council’s Kevin Trustum, the Commercial Services Business Manager, stated that the city had managed to handle the crushing of around 6 kilotonnes of discarded glass annually, some of this being glass from the four shires neighboring Lismore.

According to the City Council, it’s hopeful, that they, a small rural council, is able to handle all that waste. With them expressing ideas in how the larger, metropolitan council areas can handle waste, and the amount of waste these metropolitan cities can tackle.

Trustum says that the glass ‘sand’ made from the waste had been tested and refined to meet the NSW Environment Protection Authority standards and regulations, with the council then using it for their roads , backfill and bedding for pipes.

Lismore University is also handling research on the glass sand, mixing it with other materials in order to increase its practical uses.

The glass processing plant in Lismore was built in 2013, and was part of the Lismore Council’s Lismore Materials Recovery Facility, which cost AU$3.65M, and processes 15,000 worth of recyclables annually.

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Workers Complain Of Noisy Francis Crick Institute Building

Francis Crick Institute is a cathedral created to serve as biomedical science. Construction was worth £700 million and this is where scientists are working together in order to conduct research regarding cancer, genetics, pandemics and neuroscience. The problem is that the building is not a good place for them to concentrate because there are no windows to block out the noise.

One year after the launching of the building in central London laboratory, there 1,250 workers inside the Crick Institute and some of them are complaining about the open plan design of the building. It was originally designed so that informal collaborations will be possible. It turns out that some of these areas are too noisy that they can’t perform research or think carefully.

Most of the workers complaining about the noise are those colleagues with PhD awards as well as the public because the atrium of the building is huge and open.

According to one of the research groups’ leader, Nicholas Luscombe, there are people that are complaining but there are also who love the noise because it made them feel like working inside a café. There are those that work better in a space with absolute silence thus the setting is not ideal for them. He said that, in his opinion, the layout served its original purpose. It is possible for him to meet people which turns into collaborations and it is a great thing overall.

A spokeswoman from the institute said that the Crick is already doing tests in order to determine the noise levels and see if acoustics is necessary in order for the building to be improved.

Dr. Kerstin Sailer who is an expert in architecture, said that there are people complaining about the noise and majority of them are those working near the atrium.

She said that the original intent of the building design was for scientists to meet as much opportunities to collaborate with other departments. They are still doing some tests to see if it is necessary to install windows to block out noise and other features that will make the building a more desirable place to work in.

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Texas Adds Solar Capacity To Provide Power To More Homes

Electricity costs are very high in Australia but there is a better option in solar panels on the Gold Coast to do away with electricity bills. Sunlight is abundant in the Gold Coast with 300 sunny days every year. On the average, a property will gain 4.2 hours of full sunlight and 12 sunlight hours every day of the year. Another place where there is abundant sunshine is Texas that is why it is one of America’s hottest solar markets.

In the 3rd quarter of the year, Texas added 227 megawatts of solar capacity enough to provide power to 44,000 homes. According to GTM Research and the Solar Energy Industries Association, this was more than what Texas added in 2015. Nationally, the US was able to add more than 22,000 megawatts of solar capacity during the 3rd quarter.

However, in spite of abundant sunshine and its large population, Texas only ranks 7th in installed solar capacity. Solar power accounts for less than 1% of the electricity being generated from utilities. There were several factors that slowed down growth of solar power. The industry expected a reduction after the record 2016 when companies struggled to be able to beat the tax incentive deadline that was later extended. Other factors include the potential for import tariff on solar cells and some rooftop solar companies leaving the less profitable markets.

A steady growth for solar power nationally is predicted by US Energy Information Administration with utility-solar scale providing 27 gigawatts of capacity by end of 2017, up from 2016’s 22 gigawatts. By the end of 2018, the amount of solar is predicted to increase to 30 gigawatts. On the other hand, there have been uncertainties in the solar market this year after 2 companies petitioned the federal government to impose tariffs one foreign-made solar cell and panels.

Solar is a growing energy source in Australia because of the reduction in electricity bills. Installations of solar panels on the Gold Coast significantly increase the value of the property when it is time to sell. Home buyers are attracted to solar roofs knowing that they can save on electricity bills.

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Shop Fit-Out To Create An Ambiance Of Elegance And Sophistication

Consumers usually judge a business based on its shop front but it does not mean that business owners must overlook the importance of interior design. Space must be maximized so that customers will feel happy and comfortable. Expert designers from shop fitouts in Canberra will deliver the right solutions to create a great impression to potential customers.

Portview Fit-out has finally completed the year-long renovation of Liberty London with the opening of the new restaurant and bar Arthur’s. Arthur’s is the epitome of decadence and sophistication in equal measure. The art deco inspired elements were cleverly combined with contemporary touches to provide a unique allure that perfectly represents Liberty.

Liberty is one of the most iconic destinations for retail businesses in London because of its rich history and eclectic individuality. The ambitious renovation delivered a beautiful restaurant that represents the craftsmanship, elegance and artistry of Liberty.

For the last 12 months, Liberty has undergone an extensive shop fitout for the expansion of the menswear and women’s wear departments. The fitout added a new mini British food hall that offers the finest local produce for consumers.

Nick Leith-Smith an architecture consultant designed the interiors that featured a sculptural copper installation at the entrance, a semi-circular banquette-type seating, glittering warm brass and copper details and upholstered velvet with alternating colours of midnight blue, teal green and dusty pink.

Meanwhile, Arthur’s mouth-watering menus created by culinary experts make use of the local produce. The debut opening of Arthur’s is the highlight of the entire renovation process of Liberty. Customers are offered a beautiful setting where they can enjoy the best artisan food after a shopping spree.

Portview Fit-Out managing director Simon Campbell is very happy with their accomplishments in Liberty particularly Arthur’s. They look forward to the strengthening of their relationships with Liberty.

A team of designers at shop fitouts in Canberra will deliver the right solution so that your business can make good use of the space available. The design can be either minimalist or visually impressive to express the business’ visions and goals. The team guarantees an end result that is well designed and aesthetically appealing.

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