Bangkok office vacancy reads 21.9% or 31.8%, by grade
Tenants are leaving older towers for new ones, so the newest buildings fill up while landlords across the market offer rent-free months instead of cutting rents.
Thai Industry Wire
Factories, energy, freight and property in Thailand
Company
A global commercial real estate services firm whose Thailand arm publishes Bangkok office and condo market data, including 21.9% Grade A office vacancy in the second quarter of 2026.
Tenants are leaving older towers for new ones, so the newest buildings fill up while landlords across the market offer rent-free months instead of cutting rents.
About 25,700 of the unsold units are already finished, so developers face years of carrying costs before the stock clears.