Thailand

Bangkok to see influx of mega retail projects this year

Overall vacancy rates are expected to increase as supply rises.

Thailand industrial vacancy rises to 11.4% in Q4

This is caused by new supply completed during the quarter.

Bangkok sees 16 new luxury hotels in 2023

Over 3,300 keys were added to the city’s supply.

Bangkok to see over 2,700 new luxury condo units this year

This will bring the total stock to 75,800 units.

Bangkok to see over 450,000sqm new office supply this year

The supply influx is expected to cause vacancy rate to hit 24% by year-end.

Bangkok sees three new luxury hotels in Q3

A total of 588 keys were added to the market.

Bangkok Q3 luxury condo sales hit record lows since 2021

There were no new launches during the quarter.

Thailand industrial vacancy rate to reach 8-10% in the medium term

This is as most of the upcoming new supply will be non-speculative.

Bangkok prime retail rents rise by 5.2% in Q3

This indicates that rents are finally stabilising.

Bangkok prime office rents inch up 0.3% in Q3

New completions drove the rise in gross rents.

Bangkok to see nearly 500,000sqm of new office supply in 2024

It’s an increase from the projected 345,000sqm of new supply for 2023.

What does the future look like for Thailand’s office property market?

Landlords are increasingly adopting the build-to-suit and ready-to-move-in models.

Grade B offices in Bangkok outperform other segments in Q3

It was the only segment to increase its occupancy rate.