Thailand
Bangkok residential vacancy rate declines to 6.5% in Q2
A total of 21 projects are now fully occupied.
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%.
Nichada Group strengthens ‘sense of community’ through innovative approach, initiatives
The leadership of its CEO also allowed the company to navigate Thailand’s political upheaval and the pandemic rather well.
Bangkok to see over 1,500 new residential units in 2023
A big bulk of these units are in the ultra luxury segment.
Bangkok office supply set to reach highest annual completion since 1999
There is 297,000sqm of supply expected to complete by the end of this year.
This city was the only one in APAC to decline in prime logistics rents in H2 2022
Rents in this city dipped by 0.1%, its first decline since the pandemic began.
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Empire East Land Holdings lands two wins at Real Estate Asia Awards 2024
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The company believes innovation and data-driven strategies are paramount to a sustainable future.
The company believes innovation and data-driven strategies are paramount to a sustainable future.
