Thailand

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. 

Bangkok unsold condo inventory down to 3,348 units

The unsold market inventory dropped to 4.8% in Q1.

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 see 68,000sqm of new prime grade retail stock by 1H22

This will be from four projects that are due to come online.