Thailand’s Office Market: Trends & Future Insights

Thailand’s office market continues to face significant challenges due to the increasing supply of office space. The ongoing trend of hybrid work and work-from-home, which has persisted since the COVID-19 pandemic, has led to a decline in demand for office space. Many companies downsized their offices and shifted towards coworking spaces or short-term office rentals. There is also a growing trend on flexibility in office usage, such as implementing hot-desking arrangements where employees do not have fixed workstations.

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Onnut is the New CBD and Lifestyle Centers on Sukhumvit Road

Onnut Area or another name Sukhumvit 77 is another populated area on Sukhumvit road. The area consistently gains popularity from the local Thais and foreigners for residential purposes due to easy access from BTS and expressway. Onnut area is viewed as an extension from Thonglor and Ekkamai areas. Condominium prices in Onnut areas are considered more attainable than in Asoke, Thonglor, and Ekkamai areas. Onnut BTS station is only a few stations away from the heart of Sukhumvit road and offers easy connections to MRT Yellow line, Orange line, and airport rail link.

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