Christine Li • 1/23/2020
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: Since most of office buildings in Bangkok are over 20 years old, the upcoming supply will interestingly refresh the market. Most new projects are developed as mixed-use projects, the low floors as retail space to support and provide convenient services to tenants.

Retail: The average rental rate slightly increased to THB 364 psf/mo on the ground floor. Additionally, the overall retail market has insignificantly expanded with the vacancy rate lower than 10%.

Industrial: In the year 2019, the serviced industrial land plot market is continuously expanding due to the accelerating of government infrastructure development projects including roads, railways, seaports, and airports.

Residential: The condominium selling price still remained steady. It saw an increase of only 0.6% (YoY) from THB14,600 per square foot (sf) to THB14,700 per square foot on average. The developers focused on boosting sales of ready-to-transfer units to drain the inventory.

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


Office Buildings CBD
Bangkok Office Report

It is forecasted that there will be a new supply of 1.78 million square meters in the next five years.

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Shopping Retail
Bangkok Retail Report

In the second half of 2019, there was no new supply added in Bangkok’s Central Retail District (CRD) area.

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Warehouse Internal Rack
Bangkok Industrial Report

Currently, there are a list of 24 promoted zones in the EEC area, which give a lot of confidence to Thai and foreign investors.

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Warehouse Internal Rack
Bangkok Residential Report

Condominiums market saw large decrease with a drop of 30% from the same period last year (YoY).

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