Greater Bangkok to see 10 new prime logistics properties in 2026

At least 345,000sqm will be added to the market.

According to a JLL report, ten properties are projected to be completed in 2026 which will add at least 345,000 sqm to Greater Bangkok’s prime logistics market. Half of which will be located in the Eastern Economic Corridor and the Northern Vicinity Submarket suggesting a redistribution of supply out of the Eastern Vicinity.

The report added: “With manufacturing driving demand in the market, developers are expected to favor hybrid products that combine warehouse specifications (higher floor load capacity and clear height) with industrial zone locations to capture broader market demand.”

Here’s more from JLL:

Net absorption totaled 21,500 sqm in Q3 2025 which added up to 202,700 sqm since the beginning of 2025. This represented a 48.3% decline compared to 2024. The modest net absorption during the quarter was primarily attributed to limited new supply completions.

Tariff policy uncertainty has weakened demand as occupiers adopt a wait-and-see approach, though greater regulatory clarity should restore market momentum in Q4 2025.

No new supply completes in Q3 2025 as projects face delays; 211,000 sqm expected by year-end

No new supply was completed in Q3 2025 as three projects were postponed from original timeline, leaving total prime logistics stock at 6,027,000 sqm.

At least seven developments are expected to be completed by the end of 2025. Together, these properties will add roughly 211,000 sqm to the stock.

EEC occupancy growth drives modest rental gains while land costs push up capital values

Rental rates registered a modest increase of 0.28% q-o-q to an average of THB 159.3/sqm/month. The uptick was driven by movements in certain EEC projects that are nearing full occupancy.

Prime logistics capital values rose slightly to THB 31,600 per sqm in Q3 2025, reflecting higher development costs, particularly land prices in key logistics areas of Samut Prakan and the Eastern Economic Corridor.