Thailand
Bangkok new office supply to hit 426,000sqm in 2023
New supply is expected to reach 377,000sqm by end-2022.
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.
Bangkok prime retail gross rents up 0.5% in Q2
JLL says ongoing economic uncertainty may limit rental growth.
Bangkok prime gross office rents dip 1.6% in Q2
Capital values slightly increased by 0.3% during the quarter.
New retailers in Thailand should focus on this shopping mall
This mall’s daily footfall exceeds 150,000 people.
Over 3 in 5 office buildings in Bangkok are “ageing”: JLL
These are buildings built before 2002.
Bangkok to see almost 30 new hotels this year
This equates to 7,000 keys.
Bangkok unsold condo inventory down to 3,348 units
The unsold market inventory dropped to 4.8% in Q1.
Frasers Property Industrial (Thailand) leads the way in omnichannel support
The company was awarded at the Real Estate Asia Awards 2022.
Bangkok prime retail vacancy rate up 58bps to 5.5% in Q1
The ongoing renovations in some malls lifted vacancy during the quarter.
Bangkok Grade A office vacancy rate to hit 20.3% by year-end
Tenants are expected to continue moving out of older prime buildings.
Thailand real estate investments drop 26.2% to USD252m in Q1
Blame it on uncertainties from the pandemic and the war in Ukraine.
Bangkok to welcome nearly 50 new hotels this year
This represents over 10,000 keys.
Bangkok to see 68,000sqm of new prime grade retail stock by 1H22
This will be from four projects that are due to come online.
Bangkok records lowest quarterly office leasing demand since 2008
Net absorption dropped to below -18,000sqm in Q4 2021.
High vacancy rates in Bangkok’s prime retail market to persist until 2025
A total of 551,000sqm in new supply is set to be completed within that period.
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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.
