Knight Frank Global Research produces market-leading residential, commercial and agricultural property reports
Political uncertainty coupled with the US – China trade war has had a dampening effect on the Thai economy. As a result, the World Bank projects that economic growth will fall to 3.5% this year from 4.1% in the previous year.
Despite a relatively low level of leasing activity in this quarter, it is expected that both supply and demand will pick up throughout the rest of the year.
This report examines the Belt and Road Initiative and uncovers opportunities in logistics and industrial along the Maritime Silk Road.
The Thai economy remained strong in the second half of 2018, expanding at the fastest rate in six years. GDP expanded by 4.1%, driven by stronger domestic demand and public spending that has offset weakened export growth and the global economic slowdown.
The economic fundamentals underpinning the industrial market remained strong during the first half of 2018. According to the Bank of Thailand, them Thai economy is projected to expand in the range of 4. 2% to 4. 7%, driven by the acceleration of public investment and the pick-up in the trade volume
Thailand’s economy continues to expand at a solid pace, with the main drivers of growth taking the form of private consumption and investment. Despite the stalling of external demand due to US-China trade tensions, internal growth fundamentals remain strong due to the governmental support for infras
Rental rates of Bangkok office buildings hiked 68.69% since 2004, indicating great demand for office space in Bangkok. From the fourth quarter of 2018 onwards, there are 16 office buildings in the pipeline, which will likely put downward pressure on rental rate growth.
Over 140 companies now call Bangkok the home of their regional or international headquarters, and as office rents continue to climb to record levels, inefficient office layouts are becoming an increasingly expensive burden on the bottom line.
In Q1 2018, the activity of tenants in Bangkok remains strong. The net occupied space increased by 17,413 square metres to 4,563,551 square metres, bringing the occupancy rate to 92.31%.
The Thailand Industrial & Logistics report tracks market performance in the industrial and logistics sectors across the country.
Bangkok Office Market Report in Thailand.
A quarterly report, focusing on the market performance of the Bangkok Office market including analysis of rental levels, occupancy rates, and demand / supply dynamics.
The Total Supply For Warehouse Rental Space Was About 3,468,530 Square Metres, Increasing By 3%. The New Supply That Entered The Market Was Only 101,327 Square Metres.
The Prime Asia Development Land Index tracks the derived price of prime residential (apartment or condominium) and commercial (office) development land across Asia’s key markets.
This report looks at Thailand's Industrial market, with specific focus on factories, warehouses and industrial estates.
The Total Supply Of The Rental Warehouse Market Was 3,135,174 Sq.M., Increasing From Last Year By 19.5% As 511,568 Sq.M. Of New Supply Entered The Market From Mid-2013.
- Industrial Land Sales Dropped To 2,276 Rai, The Lowest In The Past Few Years. There Were
Only 937 Rai In H1 2014 And 1,339 In H2 2014 Due To Political Unrest.
- Factory Occupancy Rates Stood Firm At 77.6% In H2 2014, A Reduction Of 0.1% Year On
- The Highest Factory Rental Rate Growth Wa
- Serviced Industrial Land Plot (SILP) sales declined to 924 rai in H1 2014 from 2,826 rai in the second half of 2013, a decrease by 83.2% y-o-y.
- Factory rental market occupancy dropped to 78.5%, deceasing from the last year by 4.0%, as new supply was added to the market.
- Factories in Samu