Bangkok Mixed-Use Developments Highlight 2024-2025 Investment Flows

Developers are investing over Bt581.5B in mixed-use CBD projects from 2024 to 2025. This capital targets the integration of offices, retail, hotels and residences rather than single-use buildings.

Supply Indicators Point to Record Additions

Bangkok prime office supply is set to reach 412,600 sqm by the end of 2024. That figure marks the highest annual increase since 1999. More than 215,000 sqm of new retail space is also entering the market in 2024, with nine further projects adding 534,000 sqm through 2027.

Named Projects Under Construction

One Bangkok opened its first phases to the public in October 2024. Two office towers are already operating, with additional phases planned for launch by the fourth quarter of 2025 and full completion in 2027. Central Pattana has committed THB 21B to The Central in northern Bangkok. The 457,409 sqm project includes a 6,700 sqm Convention Hall and is scheduled for completion in the fourth quarter of 2026. Phase 2 construction has started on Bangkok Mall at Bang Na. The scheme is planned to reach 1.2M sqm, with the 18,000-seat Bangkok Arena due in 2028 and the full complex finished by 2031.

Capital Flows and Market Shift

The Bt581.5B total covers multiple mixed-use CBD schemes. These projects combine different property types to support urban revitalisation and reduce costs for tenants. One Bangkok carries an overall value between $3.2B and $3.9B. Central Pattana’s THB 21B outlay forms part of the broader investment wave.

Further phases of these developments remain on track for the stated completion dates. Market participants can monitor quarterly updates from the listed developers for any adjustments to timelines or tenant pre-commitments.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.