Bangkok Office Market Update Q3 2023

Despite mega supply delays, prime vacancy rates remain elevated.

December 01, 2023
  • Anawin Chiamprasert
  • Thanjira Wongsathirayakhun
  • Recent completions drive prime leasing activities

  • Vacancy slightly compresses as major projects delayed

  • Prime rents grow marginally, capital values remain high

  • Outlook: Rising vacancy rate aligns with supply influx

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