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Bangkok Retail Q4 2019

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Bangkok Retail Q4 2019

Overview of the retail market in Q4 2019 seemed fairly optimistic though this is depending on the overview of the economic outlook of the country. The key factors behind this happening are from the unclear of infrastructure investment policy, unstable agricultural product prices and the consumer confidence affected by the current political situation. These factors will unavoidably impact the expansion of the retail business in the second half of the year.The factors behind the successful retail supply in this quarter are the locations and the concepts of each project. There were approximately 80,000 sq.m. of the new supply in Q4 2019. 

Research Department of Colliers International Thailand estimates that the factors that may affect the retail business in 2020 are domestic economic trends, exports, tourism policies, as well as the number of tourists and the competition that continues to grow continuously from E-Commerce

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Bangkok Retail 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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