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Image of Office Market Q1 2025

Press releases

Office Market Q1 2025

The Thai economy is expected to slow in 2025 amid heightened global uncertainty driven by evolving U.S. trade policies and potential retaliatory measures, which are reshaping global trade, reducing efficiency, and dampening growth prospects.

15 May 2025

Image of Logistic Market 2H 2024

Press releases

Logistic Market 2H 2024

The Thai economy expanded by 2.5% in 2024, improving from 2.0% in 2023 due to the acceleration in exports and government expenditure, while private consumption remained stable but was not the main contributor.

18 April 2025

Image of Bangkok & Phuket Hotel Market 2H 2024

Press releases

Bangkok & Phuket Hotel Market 2H 2024

Thailand’s hotel sector maintained strong momentum in 2024, with Bangkok and Phuket both achieving 79% occupancy rates. Average Daily Rates (ADR) hit record highs, reaching THB 4,241 in Bangkok (+7.4% YoY) and THB 5,481 in Phuket (+10% YoY), driven by surging international arrivals, especially from China, Russia, and India.

21 March 2025

Image of Bangkok Office Market Q4 2024

Press releases

Bangkok Office Market Q4 2024

Bangkok’s office supply remained steady at 6.31 million sq.m. this quarter, with leasing activity continuing to show strength. The market saw a net absorption of 48,000 sq.m., primarily driven by green-certified buildings, which recorded a net gain of 50,000 sq.m., while non-certified buildings experienced a slight decline of 2,000 sq.m.

18 March 2025

Image of Condominium Market in Q4 2024

Press releases

Condominium Market in Q4 2024

The overall condominium market in Q4 2024 experienced a slowdown in demand compared to the previous quarter due to weakened purchasing power, coupled with strict lending policies from commercial banks that remained at a high level.

14 March 2025

Image of Manufacturing Market 2H 2024

Press releases

Manufacturing Market 2H 2024

The Thai economy gained momentum in the third quarter of 2024, achieving its highest growth this year. GDP grew by 3.0% (Y-o-Y), driven by strong growth of goods export and accelerated public investment execution, which bolstered construction activity.

12 March 2025

Image of Manufacturing Market 1H 2024

Press releases

Manufacturing Market 1H 2024

The Thai economy experienced a modest growth of 1.5% in Q1 2024, slightly down from 1.7% in the previous quarter, caused by a combination of global and domestic headwinds.

10 September 2024

Image of United Kingdom Property Market 2024 Update

Press releases

United Kingdom Property Market 2024 Update

UK Economy Shows Resilience Amidst Global Uncertainties: Housing Market and Monetary Policy Update

20 March 2024

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