Bangkok office rents break 20-year record | Bangkok Post: business

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Bangkok office rents break 20-year record

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Bangkok office rents reached their highest levels last year, surpassing the previous peak in 1992, says a report by CB Richard Ellis (Thailand) or CBRE, the international property consultancy firm. 

Grade A rent in the central business district (CBD) averaged 770 baht per square metre per month, with the Park Ventures Ecoplex on Wireless Road named as Bangkok's most expensive office building at 925 baht per sq m per month.

Even though grade A rents in the CBD rose by 9% last year, Bangkok's office space remained the cheapest in Asia-Pacific.

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