Research Centre

Bangkok Office MarketView Q4 2018


11 Mar 2019

Rentals Continued to Rise at Slower Pace

At the end of 2018, the total office supply in Bangkok was 8.86 million sq. m., increasing by 0.9% Y-o-Y.

During Q4 2018, three office buildings with a combined net area of 33,200 sq. m. were completed, T1 Office Building, Summer Hub, and Chia Tai Head Office (owner-occupied). T1 Office Building was the only Grade A office building completed in this quarter with a total net lettable area of 22,000 sq. m.

The overall vacancy rate decreased from 7.1% in the previous quarter to 6.6% in Q4 2018. The total net take-up (growth in total occupied space) was around 71,000 sq. m., increasing by 123.1% Q-o-Q and by 33.5% Y-o-Y.

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Bangkok_Office_MarketView_Q4_2018.pdf
James Pitchon
Executive Director

Phone: +66 2 119 2901
Fax: +66 2 685 3307
CBREThailand
Executive Director
james.pitchon@cbre.co.th
Sales Staff
Nithipat Tongpun
Executive Director

Phone: +66 2 119 2700
Fax: +66 2 685 3307
CBREThailand
Executive Director
nithipat.tongpun@cbre.co.th
Sales Staff