Quarterly Highlights

•   In Q2 2019, Bangkok’s total retail supply was 7.72 million square metres, increasing by 0.02% Q-o-Q and 3.4% Y-o-Y. There was an additional 19,333 square metres of net lettable area from two new retail projects.

•   In Q2 2019, the total occupied retail space reached 7,269,204 million square metres, increasing by 0.58% Q-o-Q and 3.91% Y-o-Y. The overall occupancy rate slightly increased to 94.16%.

•   Thailand’s Consumer Confidence Index (CCI) dropped to its lowest point in 21 months.

•   The retail sales index in June 2019, according to the Bank of Thailand (BOT), was 267.15, increasing by 7.96% Y-o-Y.