Research

Bangkok Retail Market Update Q1 2025

Read our latest snapshot of the Bangkok retail property market.

May 14, 2025
Contributors:
  • Anawin Chiamprasert
  • Tanon Theerasupwitaya
Highlights

  • Short-term dip follows the resumption of tenant reshuffling

  • Vacancy rate rises to a three-year high as new large-scale openings struggle

  • Modest rental increases limit capital value growth

  • Outlook: A challenging year amid high competition and demand uncertainties

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