The Line Bangkok
Sukhumvit Soi 71 Bangkok Chak Phra Khanong, Bangkok, Ardmore, Bukit Timah, Holland Road, Tanglin, Bangkok, Thailand
The Line Bangkok at Sukhumvit 71 by Sansiri. Leverage on 1st Mover Advantage to Book Your Unit Now at New Launch Price from just SGD$2xxk. Highly Affordable.
Exclusive One, Two, Three Bedroom apartments situated close proximity to Bangkok’s BTS Station Phra Kanong. Centrally located at Sukhumvit Soi 71.
Where : Sukhumvit Soi 71 Bangkok Chak Phra Khanong
Developer : Sansiri Public Limited Company & BTS Group
Tube/MRT Connectivity : BTS Phra Khanong
Number of units : Total 291 units comprising:
1 bedroom apartments (29.5 sqm to 34.0 sqm)
1 bedroom-L apartments (40.0 sqm to 44.75 sqm)
2 bedroom apartments (57.25 sqm to 62.75 sqm)
Expected Completion / TOP : November 2016
The Line Bangkok Sansiri is located at Sukhumvit, which connects to Bangkok’s key locations within minutes
Location is equivalent of District 9 and 11 in Singapore
Centrally located at Sukhumvit Soi 71
5 mins walk or 400m to BTS Phra Kanong
1 stop to BTS Ekamai Station
2 stops to BTS Thong Lor Station
3 stops to BTS Phrom Phong
4 stops to BTS Sukhumvit / MRT Asoke Exchange
2 mins walk to W District
12 Reasons to Invest in The Line Bangkok Sansiri Now
Excellent location and highly sought address in Bangkok Sukhumvit area
Easy connectivity to BTS stations and interchanges
291 exclusive units of 1, 2 & 3-bedroom apartments
Reputable developer, Sansiri & BTS Group Pte Ltd, with track record of award winning luxurious premium apartments in Bangkok; 30 years of experience known for highest quality with reputation
Within proximity of vibrant areas with shopping centres, and eateries
Quality finishings with kitchen appliances
Appeals to large pool of potential buyers; locally and internationally
Appeals to large pool of potential tenants; close proximity to Asoke Central Business District area
High Capital Protection; limited newly completed units available in downtown Bangkok
Average per sqm THB 180,000 lower than Sukhumvit average of THB 184,129
Deferred payment (only 20% till completion)
Very attractive Price from only GBP422K*! (before discounts) Priced to Sell
5 star Lobby Lounge
Garden with Recreation Area
Panoramic Roof Top Garden
Infinity Swimming Pool & Jazuzzi
Shallow Pool
State of the Art Gym
Club House & Library
Self Laundry Facilities
Covered Parking Area
24 Hours Security
Wireless Access on Facilities Area
Sunday, February 24, 2019
Saturday, February 16, 2019
“Biggest Drop In More Than Nine Years”: America’s Retail Apocalypse Is Greatly Accelerating In The Early Stages Of 2019
All over America retailers are going bankrupt and closing stores. Of course this has been happening for years, but as you will see below the numbers have dramatically escalated during the early portion of 2019. Our landscape is already littered with countless numbers of hollowed out stores and abandoned malls, and it is about to get a whole lot worse. Retailers were hoping that a strong holiday season would turn things around, but that didn’t happen. In fact, we just learned that retail sales in the United States suffered “their biggest drop in more than nine years” during the month of December…
U.S. retail sales recorded their biggest drop in more than nine years in December as receipts fell across the board, suggesting a sharp slowdown in economic activity at the end of 2018.
The Commerce Department said on Thursday retail sales tumbled 1.2 percent, the largest decline since September 2009 when the economy was emerging from recession.
Every time I write an article like this, a few commenters chime in and blame this entire trend on the rise of online retailing. And without a doubt online retailing has been growing in recent years, but it still accounts for less than 10 percent of the entire industry.
If online retail sales were to blame for this latest drop, you would expect to see that reflected in the numbers. But instead, when we look at the numbers what we find is that online retailers experienced “the biggest drop ever” during the month of December…
December online internet sales (non-store retailers) tumbled 3.9% MoM – the biggest drop ever
So brick and mortar retail sales are going down and online retail sales are going down.
It is starting to smell a lot like a recession, and many in the industry are starting to panic.
And when I say panic, I mean that they are closing stores at a pace that is far faster than last year. In fact, so far retail store closings are 23 percent ahead of the pace set last year…
Coresight Research released an outlook of 2019 store closures Wednesday, saying there’s “no light at the end of the tunnel.”
According to the global market research firm’s report, six weeks into 2019, U.S. retailers have announced 2,187 closings, up 23 percent compared to last year. Those closings include 749 Gymboree stores, 251 Shopko stores and 94 Charlotte Russe locations.
Unfortunately, the number of store closings is about to double because Payless ShoeSource plans to declare bankruptcy and shut down 2,300 stores…
U.S. discount retailer Payless ShoeSource Inc plans to close all of its approximately 2,300 stores when it files for bankruptcy later this month for the second time in as many years, people familiar with the matter said on Thursday.
And Payless is far from alone. If you can believe it, the number of retail bankruptcies in 2019 is “already at one-third of last year’s total”…
Bankruptcies also are continuing at a rapid pace “with the number of filings in the first six weeks of 2019 already at one-third of last year’s total,” the report states.
Ladies and gentlemen, this is what a retail apocalypse looks like, and we are still in the early chapters.
It is going to take some time for this drama to fully play out. Just look at Sears – it is a money bleeding zombie of a company, but Eddie Lampert has convinced investors to give things one more try. But they are going to zero, and so is JC Penney, and so are a whole host of other major retailers.
In the end, millions upon millions of square feet of retail space is going to be sitting vacant. Some of the more economically depressed areas of the country are going to closely resemble ghost towns, and we are going to see a commercial real estate crisis that is off the charts.
Switching gears, we also just learned that the number of Americans that are at least 90 days behind on their auto loans is already “more than 1 million higher” than it was during the peak of the last recession…
More than 7 million Americans are 90 days or more behind on their vehicle loans as of the end of 2018, according to data released Tuesday by the New York Federal Reserve. That’s more than 1 million higher than the peak in 2010 as the country was recovering from its worst downturn since the Great Depression.
How is that possible?
I thought that the U.S. economy was supposed to be “booming”.
Isn’t that what they have been telling us?
In recent weeks I have repeatedly brought up current economic numbers that are even worse than the last recession, and yet so many people out there continue to insist that everything is just fine.
No, everything is definitely not “just fine”.
Economic activity is slowing down dramatically, and many believe that things are about to get a whole lot worse. In fact, Peter Schiff is warning that what is ahead “is going to be worse than what we now call the Great Recession”…
People are going to realize that we checked into the monetary roach motel that I talked about from the beginning and that there’s no way out, and then the dollar is going to fall like a stone.
When they find out that it’s never over and it didn’t work, then there’s going to be nothing propping up the dollar and it’s going to drop like a stone, the price of gold is going to take off, and the recession that we’re entering into, which is going to be an inflationary recession, is going to be worse than what we now call the Great Recession.
Maybe it’s taken longer than we might have thought to play out, but this is the beginning of the end.”
I wish that I had better news for you today, but I don’t.
The retail apocalypse is accelerating, America’s debt crisis is starting to reach a critical level, and very challenging days are approaching for all of us.
U.S. retail sales recorded their biggest drop in more than nine years in December as receipts fell across the board, suggesting a sharp slowdown in economic activity at the end of 2018.
The Commerce Department said on Thursday retail sales tumbled 1.2 percent, the largest decline since September 2009 when the economy was emerging from recession.
Every time I write an article like this, a few commenters chime in and blame this entire trend on the rise of online retailing. And without a doubt online retailing has been growing in recent years, but it still accounts for less than 10 percent of the entire industry.
If online retail sales were to blame for this latest drop, you would expect to see that reflected in the numbers. But instead, when we look at the numbers what we find is that online retailers experienced “the biggest drop ever” during the month of December…
December online internet sales (non-store retailers) tumbled 3.9% MoM – the biggest drop ever
So brick and mortar retail sales are going down and online retail sales are going down.
It is starting to smell a lot like a recession, and many in the industry are starting to panic.
And when I say panic, I mean that they are closing stores at a pace that is far faster than last year. In fact, so far retail store closings are 23 percent ahead of the pace set last year…
Coresight Research released an outlook of 2019 store closures Wednesday, saying there’s “no light at the end of the tunnel.”
According to the global market research firm’s report, six weeks into 2019, U.S. retailers have announced 2,187 closings, up 23 percent compared to last year. Those closings include 749 Gymboree stores, 251 Shopko stores and 94 Charlotte Russe locations.
Unfortunately, the number of store closings is about to double because Payless ShoeSource plans to declare bankruptcy and shut down 2,300 stores…
U.S. discount retailer Payless ShoeSource Inc plans to close all of its approximately 2,300 stores when it files for bankruptcy later this month for the second time in as many years, people familiar with the matter said on Thursday.
And Payless is far from alone. If you can believe it, the number of retail bankruptcies in 2019 is “already at one-third of last year’s total”…
Bankruptcies also are continuing at a rapid pace “with the number of filings in the first six weeks of 2019 already at one-third of last year’s total,” the report states.
Ladies and gentlemen, this is what a retail apocalypse looks like, and we are still in the early chapters.
It is going to take some time for this drama to fully play out. Just look at Sears – it is a money bleeding zombie of a company, but Eddie Lampert has convinced investors to give things one more try. But they are going to zero, and so is JC Penney, and so are a whole host of other major retailers.
In the end, millions upon millions of square feet of retail space is going to be sitting vacant. Some of the more economically depressed areas of the country are going to closely resemble ghost towns, and we are going to see a commercial real estate crisis that is off the charts.
Switching gears, we also just learned that the number of Americans that are at least 90 days behind on their auto loans is already “more than 1 million higher” than it was during the peak of the last recession…
More than 7 million Americans are 90 days or more behind on their vehicle loans as of the end of 2018, according to data released Tuesday by the New York Federal Reserve. That’s more than 1 million higher than the peak in 2010 as the country was recovering from its worst downturn since the Great Depression.
How is that possible?
I thought that the U.S. economy was supposed to be “booming”.
Isn’t that what they have been telling us?
In recent weeks I have repeatedly brought up current economic numbers that are even worse than the last recession, and yet so many people out there continue to insist that everything is just fine.
No, everything is definitely not “just fine”.
Economic activity is slowing down dramatically, and many believe that things are about to get a whole lot worse. In fact, Peter Schiff is warning that what is ahead “is going to be worse than what we now call the Great Recession”…
People are going to realize that we checked into the monetary roach motel that I talked about from the beginning and that there’s no way out, and then the dollar is going to fall like a stone.
When they find out that it’s never over and it didn’t work, then there’s going to be nothing propping up the dollar and it’s going to drop like a stone, the price of gold is going to take off, and the recession that we’re entering into, which is going to be an inflationary recession, is going to be worse than what we now call the Great Recession.
Maybe it’s taken longer than we might have thought to play out, but this is the beginning of the end.”
I wish that I had better news for you today, but I don’t.
The retail apocalypse is accelerating, America’s debt crisis is starting to reach a critical level, and very challenging days are approaching for all of us.
Monday, February 11, 2019
Tesla Faces Heavy Lift as Model 3 Enters Europe and China
For Tesla Inc. investors, the last year was all about whether the company could make enough cars at a stable rate. This year is going to be all about who would buy those cars.
As Tesla gears up to expand into Europe and China, investors and analysts are now focused on the demand trends experienced by the company in all of its markets. “Tesla has now shifted from a production story to a demand story,” Wedbush analyst Daniel Ives wrote in a note to clients on Monday, adding that Norway, the Netherlands, and Germany are front and center as the countries with strong pent-up demand for Model 3s in Europe.
“The big question for investors will be watching this Model 3 demand trajectory throughout Europe to gauge the pace of unit deliveries and how quickly can it reach the 100,000 units delivery barometer over the next 12 months in this key region, with China also a demand driver/potential wild card,” the analyst wrote.
Tesla chief Elon Musk visited Europe over the weekend, stopping in Norway, which is the company’s third-biggest market, helped by generous incentives for low-emission vehicles and high taxes on gas-fueled cars. Separately, China’s state-run newspaper Global Times tweeted on Monday that the first shipment of the Model 3 had arrived at the Port of Tianjin, ready for delivery to Chinese customers.
The electric-vehicle maker kicked off this year on a dull note after fourth-quarter deliveries slightly lagged expectations, and multiple price cuts have followed for the Model 3 sedan to compensate for the gradual elimination of federal tax incentives. Tesla’s quarterly profit, reported in late January, also missed estimates and failed to inspire investor confidence.
Tesla stock had fallen more than 8 percent this year through Friday, before Monday’s gains. The S&P 500 Index gained 8 percent over the same period.
Yet despite the shaky numbers and a lackluster outlook, some say the company is on the right path. “We believe the last two quarters and recent guidance for first quarter have removed significant concerns for both production capability and profitability of the critical Model 3,” Canaccord Genuity analyst Jed Dorsheimer wrote in a note. “As such, we see a more stable 2019 with far fewer concerns for investors in the company.”
Dorsheimer also upgraded Tesla to buy from hold, and raised his price traget to $450 from $330, saying the Street underappreciates the company’s progress in the electric vehicle market.
The steady advance of global automakers into the electric car market has weighed on Tesla’s valuation over the past twelve months, with Morgan Stanley calling Tesla’s 80 percent U.S. electric vehicle market share in 2018 unsustainable. Morgan Stanley analyst Adam Jonas said he expected the “next serious competition” to come “from a ‘clean sheet’ start-up with access to talent & capital focused on the fastest growing segments of pickup trucks & SUVs.”
Tesla has long been a far-from-stable story. While the stock gained as much as 4.2 percent on Monday, investors should brace for a choppy ride this year.
“The profitability picture for 2019 and the all-important Model 3 demand trajectory in Europe for Tesla looks encouraging for Musk & Co., but there is clearly heavy lifting ahead around Europe logistics/cost-cutting/driving incremental U.S. demand that will remain overhangs and thus make Tesla a ‘prove me’ story the next few quarters,” Wedbush’s Ives said.
As Tesla gears up to expand into Europe and China, investors and analysts are now focused on the demand trends experienced by the company in all of its markets. “Tesla has now shifted from a production story to a demand story,” Wedbush analyst Daniel Ives wrote in a note to clients on Monday, adding that Norway, the Netherlands, and Germany are front and center as the countries with strong pent-up demand for Model 3s in Europe.
“The big question for investors will be watching this Model 3 demand trajectory throughout Europe to gauge the pace of unit deliveries and how quickly can it reach the 100,000 units delivery barometer over the next 12 months in this key region, with China also a demand driver/potential wild card,” the analyst wrote.
Tesla chief Elon Musk visited Europe over the weekend, stopping in Norway, which is the company’s third-biggest market, helped by generous incentives for low-emission vehicles and high taxes on gas-fueled cars. Separately, China’s state-run newspaper Global Times tweeted on Monday that the first shipment of the Model 3 had arrived at the Port of Tianjin, ready for delivery to Chinese customers.
The electric-vehicle maker kicked off this year on a dull note after fourth-quarter deliveries slightly lagged expectations, and multiple price cuts have followed for the Model 3 sedan to compensate for the gradual elimination of federal tax incentives. Tesla’s quarterly profit, reported in late January, also missed estimates and failed to inspire investor confidence.
Tesla stock had fallen more than 8 percent this year through Friday, before Monday’s gains. The S&P 500 Index gained 8 percent over the same period.
Yet despite the shaky numbers and a lackluster outlook, some say the company is on the right path. “We believe the last two quarters and recent guidance for first quarter have removed significant concerns for both production capability and profitability of the critical Model 3,” Canaccord Genuity analyst Jed Dorsheimer wrote in a note. “As such, we see a more stable 2019 with far fewer concerns for investors in the company.”
Dorsheimer also upgraded Tesla to buy from hold, and raised his price traget to $450 from $330, saying the Street underappreciates the company’s progress in the electric vehicle market.
The steady advance of global automakers into the electric car market has weighed on Tesla’s valuation over the past twelve months, with Morgan Stanley calling Tesla’s 80 percent U.S. electric vehicle market share in 2018 unsustainable. Morgan Stanley analyst Adam Jonas said he expected the “next serious competition” to come “from a ‘clean sheet’ start-up with access to talent & capital focused on the fastest growing segments of pickup trucks & SUVs.”
Tesla has long been a far-from-stable story. While the stock gained as much as 4.2 percent on Monday, investors should brace for a choppy ride this year.
“The profitability picture for 2019 and the all-important Model 3 demand trajectory in Europe for Tesla looks encouraging for Musk & Co., but there is clearly heavy lifting ahead around Europe logistics/cost-cutting/driving incremental U.S. demand that will remain overhangs and thus make Tesla a ‘prove me’ story the next few quarters,” Wedbush’s Ives said.
Tuesday, February 5, 2019
All-New Mercedes CLA-Class To Take On Future Cadillac CT4
Mercedes-Benz recently debuted its all-new, second-generation CLA-Class – and the new German compact looks to be everything a small “four-door coupe” should be. Let’s take a closer look at what the world’s best-selling luxury carmaker has in store, since it will be one of the models that the upcoming Cadillac CT4 will be up against when it launches later this year.
Positioning
Following the wild success of the first-generation CLA-Class and the A-Class hatchback in Europe, Mercedes-Benz is taking a one-two punch to the highly-competitive C-segment this time around by fielding two models in the space: the new A-Class Sedan (and five-door Hatchback in Europe) as well as this CLA-Class “four-door coupe.” All models are mechanically related, as they ride on Mercedes’ new front-drive architecture, which will also derive the next-gen GLA-Class and GLB-Class crossover SUVs.
Though the four-door coupe moniker is a misnomer, the four-door coupe is an extremely successful strategy: by putting a sleeker body on the exact same chassis as a traditional sedan and giving it a different name, Mercedes is able to charge considerably more, thereby making a higher profit on each unit sold. The practice was practically invented by Mercedes-Benz with the original CLS-Class, which placed a four-door coupe body (there’s that misnomer again) on the frame of the E-Class Sedan. Other German automakers followed, including BMW with the 4 and 6 Series Gran Coupé models, as well as Audi with the A5 and A7 Sportback variants.
To that end, BMW is planning a competitor of its own to the new Mercedes CLA-Class, expected to be called 2 Series Grand Coupe. BMW fields a traditional C-segment sedan in China called the 1 Series, and that model could potentially make its way to the Americas in the future. Audi, meanwhile, has the A3 in the traditional C-segment space, and has been rumored to add an A3 Sportback to the next-gen A3 family.
Exterior
The 2020 Mercedes-Benz CLA is slightly larger than the first-generation model, while serving as a more expressive alternative to the new A-Class Sedan. In fact, the new CLA is longer, narrower, and lower than its predecessor, faros that help it be more aerodynamic than ever before. The main differentiator over the traditional A-Class Sedan is the rapidly-sloping, fastback-style roof.
Other than that, styling is in line with Mercedes’ current exterior design trends, which feature swooping lines and fewer creases. The design is not a love-it-or-hate-it affair since it’s not exactly offensive or ground-breaking, though it potentially borders on bland.
Powertrain
At launch, the second-generation 2020 CLA-Class will be offered with a single powertrain combination in the U.S. – a new, turbocharged 2.0-liter inline-four cylinder paired to a seven-speed dual-clutch automatic. The combo produces 221 horsepower and 258 pound-feet of torque in the model called CLA250. Front-wheel-drive is standard, while 4MATIC all-wheel-drive is optional.
Other powertrain variants are expected, including a range-topping CLA45 AMG with about 400 horsepower and 4MATIC AWD, and an in-between model called CLA35 AMG making in the vicinity of 300 horses.
Interior
The cabin of the new Mercedes CLA-Class is more spacious than that of the first-gen, with additional shoulder and elbow room for everyone. The trunk, however, is a bit smaller than the predecessor.
Inside, the new CLA-Class receives the Mercedes-Benz User eXperience (MBUX) infotainment system with a high-resolution, 10.25-inch touchscreen display. The AI-powered software adapts to individual users by learning their habits, making the driving experience more personal. Natural voice recognition technology lets passengers navigate the vehicle’s various functions by simply saying “Hey, Mercedes!”, following by their command. For added convenience, passengers can also use either the touchscreen or the touchpad found on the center console.
The 2020 Mercedes-Benz CLA-Class will begin arriving in showrooms later this year. Pricing information will be announced closer to the on-sale date. GM’s answer to the CLA-Class and A-Class will be the upcoming Cadillac CT4, which is expected to arrive by the end of the 2019 calendar year. The CT4, however, will have a more traditional body style similar to the A-Class Sedan, rather than this CLA-Class “four-door coupe”.
Positioning
Following the wild success of the first-generation CLA-Class and the A-Class hatchback in Europe, Mercedes-Benz is taking a one-two punch to the highly-competitive C-segment this time around by fielding two models in the space: the new A-Class Sedan (and five-door Hatchback in Europe) as well as this CLA-Class “four-door coupe.” All models are mechanically related, as they ride on Mercedes’ new front-drive architecture, which will also derive the next-gen GLA-Class and GLB-Class crossover SUVs.
Though the four-door coupe moniker is a misnomer, the four-door coupe is an extremely successful strategy: by putting a sleeker body on the exact same chassis as a traditional sedan and giving it a different name, Mercedes is able to charge considerably more, thereby making a higher profit on each unit sold. The practice was practically invented by Mercedes-Benz with the original CLS-Class, which placed a four-door coupe body (there’s that misnomer again) on the frame of the E-Class Sedan. Other German automakers followed, including BMW with the 4 and 6 Series Gran Coupé models, as well as Audi with the A5 and A7 Sportback variants.
To that end, BMW is planning a competitor of its own to the new Mercedes CLA-Class, expected to be called 2 Series Grand Coupe. BMW fields a traditional C-segment sedan in China called the 1 Series, and that model could potentially make its way to the Americas in the future. Audi, meanwhile, has the A3 in the traditional C-segment space, and has been rumored to add an A3 Sportback to the next-gen A3 family.
Exterior
The 2020 Mercedes-Benz CLA is slightly larger than the first-generation model, while serving as a more expressive alternative to the new A-Class Sedan. In fact, the new CLA is longer, narrower, and lower than its predecessor, faros that help it be more aerodynamic than ever before. The main differentiator over the traditional A-Class Sedan is the rapidly-sloping, fastback-style roof.
Other than that, styling is in line with Mercedes’ current exterior design trends, which feature swooping lines and fewer creases. The design is not a love-it-or-hate-it affair since it’s not exactly offensive or ground-breaking, though it potentially borders on bland.
Powertrain
At launch, the second-generation 2020 CLA-Class will be offered with a single powertrain combination in the U.S. – a new, turbocharged 2.0-liter inline-four cylinder paired to a seven-speed dual-clutch automatic. The combo produces 221 horsepower and 258 pound-feet of torque in the model called CLA250. Front-wheel-drive is standard, while 4MATIC all-wheel-drive is optional.
Other powertrain variants are expected, including a range-topping CLA45 AMG with about 400 horsepower and 4MATIC AWD, and an in-between model called CLA35 AMG making in the vicinity of 300 horses.
Interior
The cabin of the new Mercedes CLA-Class is more spacious than that of the first-gen, with additional shoulder and elbow room for everyone. The trunk, however, is a bit smaller than the predecessor.
Inside, the new CLA-Class receives the Mercedes-Benz User eXperience (MBUX) infotainment system with a high-resolution, 10.25-inch touchscreen display. The AI-powered software adapts to individual users by learning their habits, making the driving experience more personal. Natural voice recognition technology lets passengers navigate the vehicle’s various functions by simply saying “Hey, Mercedes!”, following by their command. For added convenience, passengers can also use either the touchscreen or the touchpad found on the center console.
The 2020 Mercedes-Benz CLA-Class will begin arriving in showrooms later this year. Pricing information will be announced closer to the on-sale date. GM’s answer to the CLA-Class and A-Class will be the upcoming Cadillac CT4, which is expected to arrive by the end of the 2019 calendar year. The CT4, however, will have a more traditional body style similar to the A-Class Sedan, rather than this CLA-Class “four-door coupe”.
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