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Phaya Thai Office Market: Vacancy, Rent & Buildings

Phaya Thai has about 380,409 sqm of leasable office space across 14 buildings. It is roughly 85.9% occupied, leaving 53,699 sqm (231 listings) available. Weighted rent is ฿862/sqm/month (median ฿535). This is market data & trends — to browse actual available units to rent, see the listings link below.

Analysis by Jirayus Boonyarattapan · data as of Jul 2026 · Browse offices for rent →
85.9%
Occupancy
฿862
Weighted rent
฿535
Median rent
14
Buildings in area
0.38M
NLA (sqm)
53,699
Available (sqm)
14.1%
Availability
231
Listings

"Phaya Thai" has 14 office buildings we track in total. Right now 10 have verified vacant space (4 are fully occupied), and market figures below are computed from the 13 buildings with current data.

Phaya Thai rent & occupancy trend (2016–2025)

From December surveys of buildings tracked in this area — asking rent (left) and estimated occupancy (right) each year.

Asking rent ฿/sqm Occupancy %
฿400฿600฿800฿1,000 60%80%100% 2016201720182019202020212022202320242025
Rent and occupancy by year in Phaya Thai
YearRent ฿/sqmOccupancy
2016฿51692%
2017฿51392%
2018฿49592%
2019฿83882%
2020฿73778%
2021฿92171%
2022฿94769%
2023฿95773%
2024฿96770%
2025฿95269%
📖 Reading this chart
In Phaya Thai, asking rent (solid navy) rose from ฿516 in 2016 to ฿952 in 2025 (about 84%), while occupancy (dashed teal) went from 92% to 69%. In plain terms: read rent alongside occupancy — if rent rises while occupancy falls, more space is coming to market and tenants gain bargaining power.

Rent by building quality

Grade A (proxy)
฿1,098
3 buildings
Other
฿506
10 buildings

Grade A uses our proxy (ceiling ≥ 2.9m + newer). Here Grade-A space is about 52% of the total.

Vacant space by unit size

Shows whether vacant units here are mostly small or large — which team sizes the area suits.

< 100 sqm
1,113 sqm
100–300
23,573 sqm
300–1,000
23,110 sqm
> 1,000 sqm
5,903 sqm

Office buildings in Phaya Thai

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Stations near Phaya Thai

Stations within ~800m (straight-line) of a building we track in this area, nearest first.

BTS Phaya Thai สายสีเขียวอ่อน ~70 m
BTS Ratchathewi สายสีเขียวอ่อน ~149 m
ARL Phaya Thai รถไฟฟ้าแอร์พอร์ต เรล ลิงก์ ~149 m
ARL Ratchaprarop รถไฟฟ้าแอร์พอร์ต เรล ลิงก์ ~156 m
BTS National Stadium สายสีเขียวเข้ม ~171 m
BTS Victory Monument สายสีเขียวอ่อน ~373 m
BTS Siam สายสีเขียวอ่อน ~449 m

Straight-line distance from the nearest tracked building; actual walking distance is longer.

FAQ

How much is office rent in Phaya Thai?

Weighted rent is ฿862/sqm/month, median ฿535, ranging ฿435–฿1,200 (asking, as of Jul 2026).

Is there much vacancy in Phaya Thai?

Occupancy is about 85.9%, leaving 53,699 sqm (231 listings) across 14 buildings.

Verified Jul 2026 · This is market data. To rent, see the listings above, or call 081-682-4898

📞 Jirayus 081-682-4898