Quarterly Highlights

•  In Q4 2017, the total Bangkok retail supply stood at 7.36 million sq. m., increasing by only 0.65% Q-o-Q or 1.08% Y-o-Y with an additional 68,308 sq. m. of net lettable area in ten new retail projects.

•  The volume of occupied retail space was around 6.96 million sq. m., increasing 1.68% Y-o-Y. The overall occupancy rate was 94.6%.  

•  Thailand’s Consumer Confidence Index (CCI) reached up to 80.0 in January, the highest point in the past thirty-six months.

•  The retail sales index in November 2017 as estimated by the Bank of Thailand (BOT) was at 232.64, increasing by 7.84% Y-o-Y.