Thailand

Bangkok’s international retail leasing activity hits record highs

There were 120 retail leasing transactions from international tenants in Q1.

Thailand industrial vacancy rate rises to 11.5% in Q1

Vacancies slightly increased by 10 bps QoQ. 

Bangkok residential supply to hit 75,900 units by year-end

There are 2,800 new units to be completed this year.

Five new hotels open in Bangkok in Q1

The hotels added over 1,100 rooms to the city’s supply.

Bangkok to see over 1.3m sqm new office supply until 2026

A total of 616,700 sqm of new supply expected in 2024 alone.

Why office demand in Bangkok CBD fell to -26,300sqm in Q1

In contrast, net absorption in non-CBD areas hit 20,800sqm.

Grade A offices outperform other segments in Bangkok

The prime office segment recorded the highest occupancy rate of 80% in Q1.

Bangkok to see influx of mega retail projects this year

Overall vacancy rates are expected to increase as supply rises.

Thailand industrial vacancy rises to 11.4% in Q4

This is caused by new supply completed during the quarter.

Bangkok sees 16 new luxury hotels in 2023

Over 3,300 keys were added to the city’s supply.

Bangkok to see over 2,700 new luxury condo units this year

This will bring the total stock to 75,800 units.