Numerous factors have contributed to this increasing commercial demand in the NCR region, which has edged over most Indian cities inside the demand for commercial property due to the improved connectivity, better infrastructure and availability of skilled human resource. The forthcoming CommonwealthGames can see transportation, hotel accommodation, security and all the supporting infrastructure in the region getting a boost, though information technology (IT) market remains the in Delhi.

As of Q2 2010, the total office supply in Bangkok was 7,978,543 m2, up 1.5% Y-o-Y. No new supply was completed in this particular quarter. Overall take-up in the Bangkok office market was 6,859,726 m2, up 0.4% Q-o-Q and 1.4% Y-o-Y. The total occupancy rate also improved slightly from 85.6% to 86% in this quarter. The vacancy rate was 14.0%, a fall from the 14.4% recorded in Q1 in 2010. In Q2 2010, overall rents fell for the sixth consecutive quarter since the beginning of 2009. Grade A offices in the CBD area faced a 0.4% Q-o-Q and a 2.9% Y-o-Y drop in rents, down to THB 680/m2 in this quarter from THB 683/m2 in Q1 2010.

Two office buildings are scheduled to be completed in 2010: Sathorn Square (73,584 m2); and Sivatel (5,880 m2). Supply will are limited all of the coming years, with only two Grade A best Cbd oil office buildings: Sathorn Square and Park Ventures, in order to be completed. Due to the lack of any other new supply, these projects are anticipated to have the ability to attract tenants when demand recovers. In the circumstances, however, office rentals are in order to stay flat over the following six months or they may fall further as landlords compete to retain tenants and fill vacant floor space.

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Although What are CBD Products this method is still rather subjective, it provides insight in the long term growth prospects of a suburb, whereas statistics only show present-day prospects for growth, which can change in 6 months time.

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