Asia Pacific Office Outlook 2024

BANGKOK

NEW SUPPLY

N EW S U P P LY ( S QM )

450,000

FORECAST

400,000

350,000

300,000

250,000

 613,957 sqm of new space is currently under construction and due to enter the market from 2024 to 2026.  Of this, 382,957 sqm is expected to enter the market in 2024.  2024 new supply comprises five projects: One Bangkok (Phase 1) Tower 3, 4, 5 (289,000 sqm), JLK Tower (30,957 sqm), and Dusit Central Park (63,000 sqm).

200,000

150,000

100,000

50,000

0

2021

2022

2023

2024F

2025F

2026F

2027F

Source: Cushman & Wakefield