Thailand
Bangkok to see 68,000sqm of new prime grade retail stock by 1H22
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.
Bangkok to see 166,000sqm new retail space supply in 1H22
Most of the new supply will come from 4 projects.
Bangkok office rents decline for the fifth consecutive quarter
Rents dropped 5.2% y-o-y in Q3 2021.
How Thailand’s real estate investment market is evolving
Investors are likely to favour investing in high-efficiency and certified buildings.
Is Thailand ready for the growing demand for digital logistics spaces?
Thailand e-commerce could grow more than 10 times between 2015 and 2025.
Bangkok prime retail rents slip as downward pressure persists
Prime gross rents declined by almost 3% in Q2.
Bangkok's new high-end residential launches at a 6-year low
Only 200 new condominium units were completed in 2Q21, the lowest since 2015.
Bangkok’s office vacancy rate to hit 16.3% by end-2021
The rising vacancy rate will put further downward pressure on rents.
Bangkok’s prime retail occupancy rates nearly hit pre-pandemic levels
Average occupancy rate was 98.7% in Q2 2021, almost the same level of 99.1% in Q1 2020.
Bangkok residential capital values fall as developers offer massive discounts on new units
The average market capital values are now below THB 127,000 per sqm.
Bangkok to see 6,900 new hotel rooms in the second half of 2021
The midscale segment will account for 42% of the new supply.
Bangkok office vacancy to hit 10-year high by end-2021
Weak pre-commitments are expected to drive vacancies to reach 14.5% this year.
Not everybody can win in Thai real estate: Savills
Discounts and promos played a major part in keeping the market steady.
Are Thai property buyers finally ditching the ‘wait and see’ approach?
They are beginning to establish acquisition strategies for this year.
Bangkok retail rents won't recover until end-2022: JLL
The lack of direct government support for retailers will definitely take its toll on the sector.
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1. Real estate deals surge 367% to $1.8b in Q1 on office demand 2. Singapore, India, Hong Kong drive APAC property investment growth 3. Singapore outpaces global luxury retail market with 2% rental growth 4. Singapore office vacancy rate drops to 2.4% in Q1 5. Seoul prime office vacancy set to rise as new supply enters CBDResource Center
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He shares his insights on how Asia’s real estate players can maintain profitability whilst navigating intersecting industry pressures.
