Thailand
Bangkok to close 2023 with over 5 million sqm of prime warehouse 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.
Bangkok to see over 1,500 new residential units in 2023
A big bulk of these units are in the ultra luxury segment.
Bangkok office supply set to reach highest annual completion since 1999
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.
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.
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It is part of the Singaporean property developer’s ‘reach for the sky’ strategy.
