Thailand
Bangkok prime retail rents up 1.3% in Q3
The slowdown in rental growth was due to an anticipated intense supply pressure.
Bangkok office supply to hit 1.8m sqm by year-end
The vacancy rate is expected to remain high at 29%.
Bangkok luxury residential supply to grow by 2,000 units by end-2024
The average pre-sales rate is expected to be 64%.
Thailand to see 124,000sqm new logistics supply from 2025
Nearly 60% of the future supply will be in the Eastern Seaboard.
What does the future look like for Thailand’s logistics market?
Demand from e-commerce, automotive, and electronics sectors will be sustained until the end of the year.
Thailand warehouse takeup rate hits record highs of over 600,000sqm in H1 2024
This sharp increase was driven by the influx of new supply.
Thailand warehouse supply up 8.9% to 6.3m sqm in H1 2024
The Bangkok Metropolitan Region accounted for the biggest market share.
Bangkok office supply to hit 316,000sqm in 2025
And over 410,000sqm of new supply is expected in the second half of 2024.
Bangkok hotel occupancy rates hit 74% in H1 2024
This reflects an increase of 4.8 percentage points vs the same period last year.
What to expect from Bangkok’s office market in the near term
Sustainability is increasingly becoming a non-negotiable factor for tenants.
Bangkok to see 218,000sqm of new retail stock by end-2025
The market is expected to remain extremely competitive.
Rapid industrial supply expansion to persist in Thailand
Nearly 230,000sqm of new stock will be completed by H2 2024.
Bangkok expects 10 new prime residential projects by end-2024
These projects will yield 2,000 units.
Bangkok hotel supply to grow at a 3.3% CAGR by 2027
Over 19,2000 new hotel rooms are expected to enter the market.
Bangkok’s intensified supply-demand mismatch leads to rising office vacancy
Prime office vacancy rate remained high at 26% in Q2.
Energy Complex Company Limited secures the Energy Technology Initiative of the Year - Thailand at the Real Estate Asia Awards
It was honoured for pioneering sustainable architecture and energy conservation efforts.