Revitalization Beyond the CBD

Areas outside Bangkok's Central Business District are gaining traction, offering a balance between rental rates and value for money. This shift caters to tenants looking for cost-effective, long-term office solutions.

CBD's Steady Growth

Panya Jenkitvathanalert from Knight Frank Thailand highlights a slight increase in CBD rents and occupancy rates, signaling strong business confidence in prime locations despite higher costs.

Silom–Sathorn–Rama IV Leads the Charge

With notable rent and occupancy increases, this area's diverse transport links and corporate appeal continue to attract top companies.

Selective Tenants Shape the Market

Districts like Ploenchit–Chidlom–Witthayu and Nana–Asok–Phrom Phong see modest rent growth but slight occupancy dips, reflecting a more discerning tenant base.

The Rise of Alternative Office Locations

Once considered secondary, areas outside the CBD are now competitive markets, with steady rents and occupancy, showcasing their growing appeal.

Phetchaburi–Rama IX–Ratchadaphisek Corridor's Growing Appeal

This area stands out with rising rents and occupancy, emerging as a new CBD contender.

Bangna–Srinakarin's Potential Unlocked

Despite lower rents, this area's significant occupancy growth highlights its appeal for businesses prioritizing space and cost efficiency.

The Future of Bangkok's Office Market

Knight Frank Thailand emphasizes that the market's future hinges on value offerings like cost efficiency, transport convenience, and developer credibility, beyond just location and price.

2025: A Golden Year for New Supply

With substantial new office space entering the market, projects like The Central Phaholyothin are set to redefine tenant expectations and market standards.

Confidence as the Key Asset

In today's uncertain climate, the ability to inspire confidence is paramount for office buildings, marking a shift towards customer care and risk management.