Bangkok Office Market Update 2Q-2023

Rising demand for high-quality spaces boosts the prime market.

August 14, 2023
  • Nichakamol Horungruang
  • Robust leasing activity concentrates in new projects

  • Prime vacancy rate remains high after new completion

  • Prime rents rise modestly while capital values stabilise

  • Outlook: Supply influx to accelerate the rising vacancy rate

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