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: Even though the average vacancy rate in Bangkok is still low, we are seeing a higher vacancy rate in most areas and lower absorption rate of the new supply.

Retail: For new tenants, the average asking rents remained stable from the second half of last year at THB3,915 /sqm/mo on the ground floor.

Industrial: While small and medium developers continue to expand the ready built factory/warehouse in the same location or nearby, it results in intense competition and difficulty to raise rental fees.

Condominium: The pandemic, along with the economic recession, made the buyers insecure with their personal finances and their jobs, thus lowering the buyer demand as compared to last year.

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


Office Buildings CBD
Bangkok Office Report

A slowdown trend in co-working spaces due to COVID-19 will surely affect many new upcoming buildings in the near future.

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Shopping Retail
Bangkok Retail Report

The rent is forecasted to grow, if the disease can be inhibited and foreigners could travel internationally again.

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Warehouse Internal Rack
Bangkok Industrial Report

Buyers remain cautious due to the economic impact from the COVID-19 outbreak with companies delaying decisions.

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Warehouse Internal Rack
Bangkok Condominium Report

Developers postponed launching new projects to the second half of the year.

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