Bangkok office space faces strong demand in 2016
Grade-A office space in Bangkok’s central business district (CBD) will fetch a higher occupancy rate next year, say property consultants. In addition, monthly rents will increase to more than 1,000 baht a square metre due to solid demand and limited new supply.
Surachet Kongcheep, associate director of research at consultancy Colliers International Thailand, said strong demand for Bangkok office space from local and international companies would continue next year.
This year a total of 96,450 sq m of new office space was completed, while new demand during the first three quarters totalled more than 140,000 sq m.
