The industrial estate business in Q3 2021 remained stable as activity from Chinese investors indicates a future expansion of their production base and a clear focus on the ASEAN region. The Research and Communication Department from Colliers Thailand found that as of Q3 2021, the cumulative supply of industrial estates was approximately 178,891 rai, of which 118,667 rai is land for sale/lease, which was similar to the previous quarter.
Average occupancy rates in industrial estates in Thailand as of Q3 2021 was approximately 76.84%, an increase of approximately 0.18% q-o-q . As of Q3 2021, 220.40 rai of land was sold/leased - a decrease from 248.50 rai in Q2 2021 - with approximately 83.67% of land sold/leased being in the EEC area and another 16.33% being outside the EEC area.
The policy to open the country to allow foreigners to travel into Thailand will stimulate foreign investment in the industrial estates. Colliers forecasts future land sale/lease activities in industrial estates will increase. Full Report in Thai >> DOWNLOAD