Resilient demand for commercial, retail properties in Bangkok

THE OVERALL outlook for business and investment in Bangkok remains optimistic, according to Edmund Tie's latest research report, citing resilient demand for commercial and retail space.

Total investment sales volume in the Thai capital increased slightly by 1.1 per cent from 12 billion baht (S$542.3 million) in Q2 to 12.1 billion baht in Q3.

The largest deal conducted over the course of the quarter was the investment in four projects by AIM Reit Management Company; the total investment was valued at 4.3 billion baht.