occupancy rates

Serviced apartments in oversupply

By Somluck Srimalee on July 2, 2009

The area around Bangkok’s Sukhumvit Road is heading for a significant oversupply of serviced apartments.

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Somluck Srimalee
Somluck Srimalee is a journalist with The Nation, Bangkok's independent English language newspaper and specialises in the property and real estate sectors.
Other posts by Somluck Srimalee ( 66 )
Website: http://www.nationmultimedia.com

Posted in Bangkok | Tagged apartment projects, Bangkok, Colliers International, occupancy rates, serviced apartment, Sukhumvit Road | Leave a response

Bangkok facing glut of apartments

By Somluck Srimalee on June 25, 2009

Thailand’s residential-leasing market is suffering from oversupply following the downsizing or closure of local operations by multinational firms in the face of the economic downturn, says real-estate services firm Colliers International Thailand.

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Posted in Bangkok | Tagged affordable apartments, apartment market, apartment occupancy, Bangkok, economic downturn, leasing market, multinational firms, occupancy rates, serviced apartment | Leave a response

Office rents to fall 10% in 2009

By Kanana Katharangsiporn on April 22, 2009

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.

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Kanana Katharangsiporn
Kanana Katharangsiporn is a senior journalist with The Bangkok Post, Thailand's first English language newspaper and specialises in property and real estate areas.
Other posts by Kanana Katharangsiporn ( 55 )
Website: http://www.bangkokpost.com/

Posted in Bangkok | Tagged bangkok office, central business district, Colliers International, commercial buildings, occupancy rates, Rama, rents, silom area | Leave a response

Rental market solid

By Kanana Katharangsiporn on January 23, 2009

Plus Property Co, a subsidiary of the listed developer Sansiri Plc, still sees a positive trend in the apartment rental market with rising occupancy rates, especially in the high-demand Sukhumvit area, says Anukul Ratpitaksanti, deputy managing director for asset management.

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Posted in Bangkok | Tagged expatriates, Japanese, occupancy rates, rents, Sansiri, sukhumvit area | Leave a response

Commercial market slide in office and retail rents has begun

By Somluck Srimalee on December 25, 2008

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

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Posted in Bangkok | Tagged bangkok office, commercial projects, economic malaise, global economic crisis, occupancy rates, property sectors, retail space | Leave a response