Thailand
Thailand to see over 500,000sqm of lettable logistics space until 2024
Thailand to see over 500,000sqm of lettable logistics space until 2024
Over half of this will be seen in H2 2023
Bangkok records over 5,000 super prime condo units in H1
Only 180 new units from one project were added during the same period.
Bangkok to see over 400,000sqm of new office supply in 2024
This is expected to drive the vacancy rate to above 29% next year.
Bangkok to add over 3,000 new keys to its hotel supply by year-end
Four additional hotels were opened in Q2 alone.
Bangkok residential vacancy rate declines to 6.5% in Q2
A total of 21 projects are now fully occupied.
Bangkok records 21,600sqm retail net absorption in Q2
Thanks to the inflow of new tenants in existing retail spaces.
Bangkok prime logistics supply to grow by 600,000sqm this year
As a result, vacancy is expected to increase to 13.5%.
Bangkok office market to continue to favour tenants
Over 1.5 million sqm of office space remains in the pipeline.
Bangkok office space supply up 1.1% in Q2
A total of 79,000sqm of new office space was introduced to the market.
Three ways to revitalise Bangkok’s old office buildings
Over 70% of offices in the CBD are over 20 years old.
Bangkok Grade A office sector outperforms other segments in Q2
The Grade A segment saw the highest increase in occupied space.
Here’s a rundown of Bangkok’s Q2 office market performance per area
The average rents in the CBD grew, whilst rents were flat outside the CBD.
Bangkok’s unsold residential inventory to hit 4,000 units
Over 1,800 luxury units are expected to be completed within the next 12 months.
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%.
Most Read
1. Hong Kong's property sector gains as buyers seize discounted offices 2. Singapore new home sales hit 9-month high in August 3. Singapore to record fewest new hotel completions since 2023 4. Bangkok new condominium launches plummet to record lows in 15 years 5. Sydney to see eight new office projects until Q4 2027Resource Center
Read Here
Advertise
Sign Up
Event News
Real Estate Asia Awards 2025 Winner: Rhoel Alberto Nolido Of Pueblo De Oro Development Corporation
Rhoel Alberto Nolido of Pueblo de Oro Development Corporation underscores sustainability as key to their nationwide developments.
