Bangkok office supply to hit 316,000sqm in 2025

And over 410,000sqm of new supply is expected in the second half of 2024.

In a report, Knight Frank said Bangkok's total supply of office space expanded in the second quarter of 2024 by 29,200 sq m, or by 0.5% QoQ, to 6.16 million sq m following the completion of Supalai Icon Sathorn and Ratchayothin Hills. 

Currently, green buildings represent 24% of total supply. 

Here’s more from Knight Frank:

With no new projects announced, the total lettable area for upcoming developments has decreased to 1.46 million square meters, representing 24% of the current office space supply. The CBD remains the primary focus, with 60% of the forthcoming supply concentrated in central areas. 

Over the next 2.5 years, the anticipated additional office space supply is projected to be 410,700 sq m in the latter half of 2024, 316,000 sq m in 2025, and 440,400 sq m in 2026.