Quarterly Highlights

•   In Q1 2018, the total Bangkok retail supply rise to 7.44 million sq. m., increasing by 1.15% Q-o-Q or 2.2% Y-o-Y with an additional 60,370 sq. m. of net lettable area in four new retail projects.

•   The volume of occupied retail space was around 6.97 million sq. m., increasing 1.79% Y-o-Y. The overall occupancy rate was 93.6%.  

•   Thailand’s Consumer Confidence Index (CCI) reached up to 80.9 in April, the highest point in the past forty months.

•   The retail sales index in February 2018 as estimated by the Bank of Thailand (BOT) was at 232.65, increasing by 9.09% Y-o-Y.