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Bangkok Office Q4 2019

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Bangkok Office Q4 2019

As of Q4 2019, there was a total of approximately 8.800 million sq.m. of office space in Bangkok. In Q4 2019, there were two new office buildings completed and started operate for service, which were CP North Park and Summer Lasalle Phase 1, comprising 26,110 sq.m. NLA and 9,000 sq.m. NLA respectively. These two projects have made the total area of 35,110 sq.m. NLA of new supply this quarter. 

As of Q4 2019, about of 1.3 million sq.m. of office space are under construction in Bangkok, all of which is scheduled to be completed between 2019 and 2022. About 50% of the supply under construction will be in the CBD, and about 70% of which will be Grade A office space. 

Future supply will continue to be limited in 2019 and 2020. However within Q4 2019, another 35,110 sq.m. of office space have been completed, while about 310,737 sq.m. of office space is expected to be completed in 2020.

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Bangkok Office Q4 2019

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Phattarachai Taweewong

Director

Bangkok

Phattarachai is responsible for collect all property sectors in Bangkok and throughout Thailand.

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