As Bangkok's prime districts experience a surge in premium Grade A towers, older office buildings face a "lease or die" ultimatum. Landlords of older buildings now face intense pressure to be more flexible, positioning their assets to meet evolving tenant expectations. "Addressing odour and cleanliness through adequate maintenance can significantly enhance the perceived quality of an older building," she said. "This approach improves tenant satisfaction and allows older buildings to compete with the extensive facilities found in newer developments." "Mixed-use developments help landlords diversify income streams, mitigating the financial risks of a volatile office market," said Mr Veeravit.
Source: Bangkok Post January 11, 2026 23:21 UTC