Bangkok office rents and occupancy rates will contract by 10% in 2009 due to decreasing demand, new supply and major tenant relocations, says the property consultancy Colliers International Thailand. Continue reading
Bangkok’s commercial office market is facing contrasting dynamics; while the overall supply and demand profile is positive, the wider economic outlook means that any optimism is largely unjustified. Continue reading
The company’s research has found that transactions across all segments were down in the last quarter of 2008, and the market may retreat by 10-20 percent this year, the biggest fall since the 1997 financial crisis. Continue reading
Three international property agencies expect Bangkok’s rental market to fall by 5 to 10 per cent next year when multinational firms begin to slash spending as their head office operations suffer under the impact of the global economic crisis Continue reading