Thailand
Bangkok Grade A office vacancy rate to hit 20.3% by year-end
Tenants are expected to continue moving out of older prime buildings.
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.
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.
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