Research from CBRE revealed that Bangkok is now one of the cheapest-priced office markets in the world. On the other end of the spectrum, Hong Kong was ranked as the costliest office location with cities in Asia continuing to dominate the list of the world’s most expensive office locations, according to CBRE Research’s latest Global Prime Office Occupancy Costs survey. It was noted that the average rent for prime Grade A offices in Bangkok’s CBD increased by 6.6 percent year-on-year, a figure that was among the top-25 annual rental increases worldwide. However, the Thai capital still finished in 109th position out of 126 cities surveyed and this means it is one of the cheapest office markets in the world with an average prime Grade A rent per sqm./per month some 9.5 times cheaper than Hong Kong Central’s district, which is the most expensive market in the world.

By : http://www.ddproperty.com/

Credit Picture: CBRE