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News Forum - Bangkok office owners should update, renovate now — JLL Thailand


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Bangkok property owners should update their older office spaces now to maintain renters and adjust to changing consumer habits. Renovations and upgrades of older facilities are necessary in the face of lower demand and increased competition, as local developers plan to introduce more than 2 million square metres of new office spaces between 2022-2026. Owners of ageing office buildings in good locations should update their properties by introducing facilities like cafes, fitness centres, and adding technology to the toilets, a chairperson of property consultant JLL Thailand told the Bangkok Post. “Office market competition will increase due to several factors, not […]

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Upgrade with what? A lot of these don't have any money re covid and are struggling.

I'd be a bit wary of doing costly renovations when the the market is stone dead and looks to stay that way for sometime yet courtesy of Covid and Putin.

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