Bangkok may become one of the prime destinations for developers in Southeast Asia due to the city’s inexpensive office spaces. Real Estate Industry experts expect a steady increase in demand for Grade A rent in Bangkok.
“No new Grade A supply was completed in Bangkok during the previous quarter,” Nithipat Tongpun, executive director of office services at CBRE Thailand, told The Nation.” Grade A rents will continue to rise on the back of limited supply and steady demand but the growth rate has now passed the peak.”