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Property News - Office Rental Sector

As of Q1 2009, the total stock of Bangkok office space increased to 7,864,435 m2. There were three newly completed office projects during this quarter with a combined area of 67,300 m2. Asia Centre and Sala at Sathorn are located in the CBD, while Central Chaengwattana is located in the Non-CBD area. 226,880 m2 of office space is expected to ... Read More >
Two of the ten largest transactions in the history of the Bangkok office market, including the largest ever, have been completed in the past three months, despite the fact that the Asian office markets entered a downward cycle in the fourth quarter, according to CBRE Research. Throughout Asia, ongoing global financial turmoil continued to erode investment and business confidence, causing ... Read More >
The Bangkok office market in 2008 hinges on latent demand from multi-national companies which could rebound quickly once the policy direction toward foreign investment becomes clear, according to CB Richard Ellis, a leading international property consultant. If there is a more overseas investor friendly policy and a democratic government, investor confidence will be restored which will boost the office market ... Read More >
The total amount of office space leased in Bangkok increased quarter-on-quarter, but the total amount of space leased is the first half of 2007 was 37% lower than the first half of 2006 according to the latest Bangkok office market research published by CB Richard Ellis. The total amount of leased office space grew by 48,499 square metres in the ... Read More >
Office landlords in Bangkok are offering good quality space at some of the cheapest in Asia, according to international property consultant CB Richard Ellis. With the average rent for prime Bangkok office space in the central business district of Bangkok remaining just slightly more than THB740 per square meter (psm) a month (US$22), office rentals in Bangkok are some of ... Read More >

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