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Why warehouse rental prices in Thailand have not significantly increased over a 10-year period Why warehouse rental prices in Thailand have not significantly increased over a 10-year period
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Why warehouse rental prices in Thailand have not significantly increased over a 10-year period

Thailand has an abundance of vacant land, particularly in areas designated for warehouses, transportation, and industrial zones. Many local developers own vacant land, leading to constant construction of new warehouse facilities. The steady annual increase in warehouse supply, around 10-20%, means that the supply is consistently rising in line with, or even outpacing, demand.

Phongphan Phloiphet • September 12, 2024

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