The BigChilli
  • Home
  • ONLINE MAGAZINE
  • News
  • Promotions
  • Features
  • Restaurant Reviews
  • What's on
  • Social Events
  • The BigChilli TV
  • About Us
    • About Us
    • Social Media
    • Pricavy Policy
  • Contact us

Thonglor’s challenge

9/3/2016

Comments

 
Picture
WITH retail rental rates heading towards 3,000 baht per sq m on short leases, Soi Thonglor (Sukhumvit 55) is facing some serious challenges if it is to retain its reputation as Bangkok’s premier lifestyle and entertainment district. Restaurants and other businesses are struggling to pay the high rents; several major enterprises that flourish elsewhere in Asia have failed here. The higher prices Thonglor tenants are forced to charge in order to pay for these increased costs are deterring some customers. Traffic and a shortage of parking are also discouraging visitors. And with other Bangkok suburbs like Ram Intra now flush with their own entertainment venues, the number of potential visitors to Thonglor has diminished. One additional but noteworthy deterrent are the many police check points surrounding this part of the city.
    
Nonetheless, Thonglor remains innovative and interesting. The recent opening of The Commons, a collection under one roof of artisan producers and restaurateurs, is an amazing concept and truly inspirational. Nearby, a similar development known as 72, is bringing renewed energy to the street. Other new restaurants are trying their luck on both sides of this key Bangkok thoroughfare. More car parks are becoming available and some establishments are even offering valet parking.
    
Ultimately, it is the high rents that will determine Thonglor’s viability. As one restaurant operator put it: “The only people who get rich in Thonglor are the property owners.”

Comments
    Picture
    Picture
    Picture
    Picture
    Picture
    Picture
    Picture

    Calendar of events



    Picture
Picture
About  |   Emag  |  Subscribe (print)  |  Newsletter |  Contact Us  | Advertise 

FOLLOW US

CURRENT ISSUE

2019 - 2020 so Far

The BigChilli July 2020
JAN 2020
FEB 2020
Mar 2020
April 2020
May 2020
The BigChilli June 2020
June 2020
July 2020
July 2020
AUG 2020
SEP 2020
OCT 2020
NOV 2020
Copyright © 2018 The BigChilli Co., Ltd. All Rights Reserved.
No. 8/2 FMA Group Bldg., 4th Floor, Room 401
Convent Road, Silom, Bangrak, Bangkok 10500

Tel: 02 635 5085 Fax: 02 635 5086  email: thebigchillimagazine@gmail.com
  • Home
  • ONLINE MAGAZINE
  • News
  • Promotions
  • Features
  • Restaurant Reviews
  • What's on
  • Social Events
  • The BigChilli TV
  • About Us
    • About Us
    • Social Media
    • Pricavy Policy
  • Contact us