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Thailand MarketBeat Reports

07/10/2022
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

Office: Total office stock then rose to 9.50 million sq m, up 0.71% q-o-q. The citywide overall vacancy rate moved up to 12.69% from 8.80% in Q2. 

Retail: Bangkok’s retail market showed signs of gradual recovery during 1H 2022, driven by improving demand from domestic and foreign consumers.

Condominium: Bangkok’s condominium market showed signs of recovery in 1H 2022, emerging from the unfavorable market sentiment amid the tepid economic environment of 2020-2021.

Industrial: The Thai industrial market continued to grow in the quarter, driven by increasing exports demand. Total supply of Serviced Industrial Land Plots (SILPs) remained unchanged at 205,849 rai. 

Hotel: The easing of travel restrictions and quarantine requirements for international tourist arrivals commencing on May 1,2022 substantially improved market sentiment. Tourist arrivals in 1H 2022 numbered 497,690 well up on the 427,860 recorded for the full year 2021.

Learn more by clicking our most recent Bangkok MarketBeat reports below.

CURRENT MARKETBEAT

Office Buildings CBD
Bangkok Office Report

Bangkok office supply continued to grow, with 67,000 sq m of new space entering the market in Q3.

Click here to download the report

Shopping Retail
Bangkok Retail Report

Total Grade A retail stock in Central Retail District (CRD) locations was recorded at 916,893 sq m in 1H, and no new retail supply has been added to the market during this period.

Click here to download the report

Warehouse Internal Rack
Bangkok Condominium Report

The Bangkok condominium market is expected to improve in 2022. Developers will continue to launch new projects both in the inner city and outer city markets. 

Click here to download the report

Warehouse Internal Rack
Bangkok Industrial Report

The overall sales rate rose to 87.58% in Q3, up from 86.91% in Q2.

Click here to download the report

generic-building
Bangkok Hotel Report

Bangkok’s hotel market showed signs of improvement in 1H 2022 following the disruption caused by COVID-19 throughout 2020 and 2021.

Click here to download the report

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