Thailand: Bangkok

Overview

Bangkok is the capital city of Thailand and is known for ostentatious shrines and vibrant street life. It is located in central Thailand along the Chao Phraya River. Bangkok city is also Thailand’s commercial and cultural centre.

Facts and figures

Population	10,539,415
Total office stock in sq m / sq f	9,145,088 sq m
Total retail stock in sq m / sq f	8,800,000 sq m
Total industrial stock in sq m / sq f	n/a

Economy

Bangkok is the center of Thailand’s economy and the country’s principal port. It is also the country’s financial center because it is home to over one third of Thailand banks as well as the Bangkok Stock Exchange. Back then, agriculture was the main source of income in Bangkok but this has shifted to the manufacture of textiles, computers and electronics. Another key industry in Bangkok is tourism.

Growth

Bangkok is the powerhouse of Thailand’s economy and makes up about 52% of the country’s total GDP in 2016. In 2010, Bangkok’s economy ranked sixth among other Asian cities - Singapore, Hong Kong, Osaka, Tokyo and Seoul in terms of GDP per capita. The key drivers of growth in Bangkok are wholesale and retail trade contributing to 24% of Bangkok’s gross provincial product.

Unique aspects

To foreigners, the capital of Thailand is known as Bangkok. But this is not the case for locals. For Thai people, it is officially known as Krung Thep Maha Nakhon. Bangkok has 50 districts with 35 of them located on the east bank of Chao Phraya River and only 15 on the western bank. Bangkok is also a city known for its colorful three wheeled vehicle, tuk tuk. It is a form of transportation to travel within the city.

Office overview in Bangkok

Bangkok, Thailand - office space for rent, lease or sale

The central business district in Bangkok city are areas lying within Sathorn, Silom, Ploenchit, Wireless, Rama I, Lumpinee, Rajdamri, and Sukhumvit. Bangkok’s central business district has developed into an interesting landscape which features an interesting mix of hotels, retail and residential developments and offices in any one particular area. The total office supply in Bangkok as of Q2 2020 was 9,145,088 sq. m., increasing by 0.6%.

Bangkok offers many options on office buildings for lease, including the following

Retail overview in Bangkok

Bangkok, Thailand - retail space for rent, lease or sale

Bangkok city is a force to be reckoned with when it comes to shopping. This bustling metropolis houses high-end malls and bargain basement markets. It’s best to experience Bangkok’s thriving retail culture in Siam which is the area often referred to as the commercial heart of the city. Many of Thailand’s largest and best known malls are situated in Siam some of which are Central World and Siam Paragon.

Bangkok’s total retail stock stands at 8.8 million sq. m. while 3.1 million of that total is considered prime retail.

Bangkok offers many options on retail buildings for lease, including the following

Industrial overview in Bangkok

Bangkok, Thailand - industrial space for rent, lease or sale

Bangkok is the commercial center of Thailand for imports and exports. Bangkok is a port hence the city is accessible for trade by air, boat or train. This also makes the city excellent for the trade environment. Majority of the factories in Bangkok are small and many are family owned. Food processing, textiles, and the production of building materials are the chief manufacturing enterprises.