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Thailand MarketBeat Reports

11/01/2023
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: The Bangkok office leasing market remained tenant-favorable. A total net lettable area of 259,823 sq m entered the market in Q4.

Retail: Bangkok’s retail market displayed steady recovery during 2H 2022, driven by improved demand from domestic and foreign consumers since the government lifted all COVID-19 curbs earlier this year, reviving the country's crucial business activities.

Condominium: A total of 21,208 new units were launched in the 2H period, when compared to 1H 2022, the number of condominium unit was down by 24.8%.

Industrial: The overall sales rate in Q4 rose to 88.15% in Q3, up from 87.58% in Q3. The average land price increased to THB7.09 million per rai from THB7.07 million per rai.

Hotel: Bangkok’s hotel business will continue to recover in the medium term and will remain an important contributor to Thailand’s economy.

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

CURRENT MARKETBEAT

Office Buildings CBD
Bangkok Office Report
 Total office stock then rose to 9.76 million sq m, up 2.73% q-o-q.

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 926,218 sq m in 2H, up by 1.02%.

Click here to download the report

Warehouse Internal Rack
Bangkok Condominium Report

Condominium projects gradually improved in 2H 2022. A total of 21,208 new units were launched in the 2H period, when compared to 1H 2022, the number of condominium unit was down by 24.8%.

Click here to download the report

Warehouse Internal Rack
Bangkok Industrial Report
The overall sales rate in Q4 rose to 88.15% in Q3, up from 87.58% in Q3.

Click here to download the report

generic-building
Bangkok Hotel Report

Bangkok’s hotel business will continue to recover in the medium term and will remain an important contributor to Thailand’s economy. The tourism industry is bouncing back, although international arrivals will take some time to recover to pre-pandemic levels. 

Click here to download the report

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