Office rental sentiment in the central business district (CBD) remains buoyant as demand for Grade A office space continues to grow. The 25-storey tower, located on Phahon Yothin Road near Ari skytrain station, offers 30,000 sq m of new office space. Given tight existing supply, together with improving demand for office space, office rents continued to rise in the third quarter. Most of the new retail projects will be located in suburban locations, comprising 51,770 sq m of retail space for rent. Retail rental levels in both downtown and midtown areas remained unchanged as demand for retail space slowed down.

Source: Bangkok Post November 15, 2016 00:04 UTC