Thailand
Bangkok’s to witness its largest annual hotel supply increase in 10 years
Over 8,000 keys are expected to be added this year.
Bangkok’s to witness its largest annual hotel supply increase in 10 years
Over 8,000 keys are expected to be added this year.
Bangkok to see three new retail projects in the next 12 months
This will add over 300,000sqm to the city’s prime retail stock.
Bangkok to close 2023 with over 5 million sqm of prime warehouse stock
Expect a higher vacancy rate as a result.
Bangkok’s prime office net absorption hits 12,600sqm in Q1
Meanwhile, the vacancy rate increased to 19.9%.
Nichada Group strengthens ‘sense of community’ through innovative approach, initiatives
The leadership of its CEO also allowed the company to navigate Thailand’s political upheaval and the pandemic rather well.Â
Bangkok to see over 1,500 new residential units in 2023
A big bulk of these units are in the ultra luxury segment.Â
Bangkok office supply set to reach highest annual completion since 1999Â
There is 297,000sqm of supply expected to complete by the end of this year.
This city was the only one in APAC to decline in prime logistics rents in H2 2022
Rents in this city dipped by 0.1%, its first decline since the pandemic began.
Bangkok welcomes three new luxury hotels in Q3 alone
These properties account for a total of 518 keys.
Bangkok residential market unsold rate rises to 5% in Q3
This is equivalent to 3,573 units.
Bangkok to see 68,000sqm of new prime grade retail stock by end-2022
That is if two projects are completed as scheduled.
Bangkok office leasing volume reaches 7,200sqm in Q3
Half of the deals are flight-to-quality transactions.
Office buildings to watch out for in Bangkok in the near term
New supply is expected to reach 950,500sqm over the next five years.
Bangkok records USD38.6m worth of property transactions in Q3
This was from four real estate deals.
Bangkok new office supply to hit 426,000sqm in 2023
New supply is expected to reach 377,000sqm by end-2022.
Bangkok Grade B office occupancy rate hits record low of 74%
This reflects a 6.8% decline compared to Q2 2021.
New hotel openings to watch out for in Bangkok this year
One is The Standard at Mahanakorn which is set to be Bangkok’s tallest building.
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1. APAC demand for flex offices up 13% over the past 5 years 2. Japan new hotel supply growth to underperform 10-year average of 3.7% 3. Hong Kong office vacancy rates could surpass 20% by 2027 4. Singapore prime logistics rents up 3.6% in Q1 5. Singapore real estate investment sales to exceed $25b in 2024Resource Center
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EY’s Seng-Leong Teh emphasises focus on resilience, tenant mix management amidst challenges
![EY’s Seng-Leong Teh emphasises focus on resilience, tenant mix management amidst challenges]()
Co-Written / Partner
Discover the insights of Seng-Leong Teh as he navigates the challenges and opportunities shaping the industry today.
Discover the insights of Seng-Leong Teh as he navigates the challenges and opportunities shaping the industry today.
