Q3 2026 property data from Cushman & Wakefield Thailand. Industrial estate land is tight, especially in Rayong (2.72% vacant), averaging 6.5 million baht per rai. Factory rents are 196 baht and warehouse rents 160 baht per sq m per month, with no new supply. Central Bangkok office vacancy rose to 23.5% and rents fell 2 baht to 941 baht per sq m, so tenants have more negotiating power. Landlords offer longer rent-free periods and fit-out support. Condo sales are weak and mortgage rejections are high at around 40%. If you are leasing office space, now is a good time to negotiate; if you need a factory or warehouse, expect limited options and possibly rising rents.