Bangkok Office Rent August 2026 — Rates by Area & Building Quality
How much does office rent in Bangkok cost?
As of Aug 2026, a typical Bangkok office building has a middle price of about ฿650/sqm/month — half of all buildings rent for less than this, and half for more.
Weighted by the size of the space available to rent, the average is ฿854/sqm/month. This is higher than the middle price because a lot of the space empty right now sits in newer, larger, higher-priced buildings.
- ฿650 tells you roughly what a normal building in Bangkok costs to rent.
- ฿854 tells you the average price of all the empty office space on the market right now — buildings with more empty space affect this number more.
Real prices found range from ฿275 to ฿1,600/sqm/month, depending on the area, the building's age and quality, distance from the BTS/MRT, and the size of the space.
All figures are advertised prices; the rent actually agreed after negotiation and incentives may be lower.
Key findings
- Weighted asking rent is ฿854/sqm/month; the median is ฿650 — the gap partly reflects that large floors in newer, higher-quality buildings quote above the typical building.
- Looking only at the same buildings tracked every year (like-for-like), weighted rent increased from ฿712 (2016) to ฿764 (2025) — about 7% over the decade.
- Rama 4 has the highest weighted rent (฿1,194/sqm/month).
- Srinagarindra is among the most affordable (฿404/sqm/month).
How has rent for the same buildings changed over 2016–2025?
To read the trend fairly, we compare only the same 203 buildings that have continuous data from 2016 to 2025. This stops newly-opened, expensive buildings from making the market average look like it jumped, when the older buildings may not have raised rents much at all.
The result: average rent for those same buildings increased from ฿712 in 2016 to ฿764 in 2025 — about 7% over the whole period.
In short: Bangkok office rent overall has moved fairly modestly, even though several new premium buildings have opened.
Chart below: the same 203 buildings, indexed to 2016 = 100.
| Year | Weighted rent ฿/sqm | Index |
|---|---|---|
| 2016 | ฿712 | 100 |
| 2017 | ฿657 | 92 |
| 2018 | ฿649 | 91 |
| 2019 | ฿668 | 94 |
| 2020 | ฿693 | 97 |
| 2021 | ฿709 | 100 |
| 2022 | ฿714 | 100 |
| 2023 | ฿732 | 103 |
| 2024 | ฿764 | 107 |
| 2025 | ฿764 | 107 |
Rent by building quality (OfficeBangkok proxy)
We split buildings using an OfficeBangkok proxy for Grade A, based only on attributes we can measure from data — ceiling ≥ 2.9m and built 2016 or later. This is a proxy, not a formal grading: a full Grade-A assessment also weighs location, lifts, parking, HVAC, building management, floor plate and common-area quality. Buildings outside the proxy are grouped as "other". Same 272-building set as above.
In this dataset, buildings that meet the proxy criteria carry an asking rent about 52% higher than other buildings. This is a descriptive relationship — it does not isolate the effect of location, building age or the size of vacant space, and rent was not used to classify the groups.
Rent by year: existing buildings vs added supply (2016–2025)
Weighted asking rent each year — existing buildings (built before 2016) vs added supply (built 2016+). It shows how far newer buildings price above the existing stock, and how that gap has widened.
| Year | Existing ฿/sqm | Added supply ฿/sqm |
|---|---|---|
| 2016 | ฿878 | ฿904 |
| 2017 | ฿767 | ฿913 |
| 2018 | ฿783 | ฿1,016 |
| 2019 | ฿808 | ฿923 |
| 2020 | ฿827 | ฿1,110 |
| 2021 | ฿822 | ฿1,050 |
| 2022 | ฿827 | ฿1,014 |
| 2023 | ฿842 | ฿1,038 |
| 2024 | ฿870 | ฿1,010 |
| 2025 | ฿865 | ฿1,019 |
Rent by area
Weighted rent (฿854) weights by vacant-space size; median (฿650) is the mid-point building rent.
| Area | Weighted rent ฿/sqm | Buildings | Est. occupancy* | Available (sqm) |
|---|---|---|---|---|
| Rama 4 | ฿1,194 | 19 | 71% | 226,347 |
| Phloen Chit | ฿1,036 | 16 | 74.7% | 91,642 |
| Sukhumvit | ฿930 | 35 | 87.7% | 114,253 |
| Silom | ฿924 | 15 | 83.2% | 75,094 |
| Chidlom | ฿904 | 17 | 87.1% | 73,745 |
| Sathorn | ฿898 | 24 | 82.2% | 151,963 |
| Phaya Thai | ฿830 | 10 | 87.1% | 49,149 |
| Phahonyothin | ฿734 | 14 | 88% | 47,546 |
| Asok | ฿691 | 15 | 87.8% | 54,941 |
| Ratchadapisek | ฿689 | 17 | 89.3% | 47,740 |
| Ratchadamri | ฿687 | 1 | 82.5% | 3,031 |
| Vibhavadi Rangsit | ฿674 | 2 | 90.1% | 9,485 |
| Rama 3 | ฿664 | 9 | 86.6% | 32,299 |
| Rama 9 | ฿620 | 9 | 90.7% | 50,728 |
| New Petchburi | ฿620 | 12 | 83.7% | 65,650 |
| Chaeng Watthana | ฿618 | 1 | 93.8% | 4,866 |
| Bangna | ฿615 | 29 | 90.7% | 93,845 |
| Naradhiwat Rajanagarindra | ฿541 | 4 | 77.1% | 29,487 |
| Surawong | ฿513 | 12 | 93.4% | 16,729 |
| Ramkhamhaeng | ฿480 | 6 | 71.7% | 38,625 |
| Krung Thonburi | ฿475 | 3 | 98.1% | 2,813 |
| Srinagarindra | ฿404 | 3 | 73.9% | 9,627 |
*Estimated occupancy = 1 − verified vacant space ÷ net leasable area of the buildings in this dataset. It is an estimate from the buildings we track, not a census of every Bangkok office building. The "Buildings" column shows how many buildings each area's figures rest on — areas with only a few buildings should be read with caution.
Rent by transit access, by year (2016–2025)
Yearly rent for buildings within a 500m walk of a BTS/MRT/ARL/BRT station (solid lines) vs those further out. Dashed lines show each group's occupancy — read together, they show transit-adjacent space commands a higher price and stronger demand.
| Year | Near ฿ | Far ฿ | Near occ | Far occ |
|---|---|---|---|---|
| 2016 | ฿688 | ฿744 | 92% | 86% |
| 2017 | ฿712 | ฿619 | 92% | 89% |
| 2018 | ฿759 | ฿595 | 93% | 88% |
| 2019 | ฿827 | ฿610 | 90% | 88% |
| 2020 | ฿946 | ฿632 | 87% | 86% |
| 2021 | ฿942 | ฿663 | 82% | 84% |
| 2022 | ฿958 | ฿670 | 80% | 82% |
| 2023 | ฿1,004 | ฿677 | 77% | 81% |
| 2024 | ฿992 | ฿715 | 72% | 76% |
| 2025 | ฿991 | ฿722 | 71% | 72% |
Advertised price vs the price you actually pay
The prices above are what buildings advertise. In practice, what you sign for is usually a little lower — landlords often give a few rent-free months, trim the rate, or add lease terms in your favour, especially when there is plenty of empty space to compete for. How much lower depends on the building, how big the space is and how long you sign for, so there is no one fixed discount.
We report the advertised price because it is public and verifiable — ask us for the real all-in cost of any building you are considering.
How we measure
Rents are asking rents from the vacant spaces OfficeBangkok verifies, in ฿/sqm/month. The weighted average multiplies each space's rent by its size and divides by total area; the median is the mid-point of per-building rents. The headline rent, the by-quality split and the by-transit split all use the same 272 buildings — those with an asking rent, verified vacant space and total-area data — out of 365 active buildings.
The trend Index uses a like-for-like panel: only the 203 buildings surveyed in every December from 2016 to 2025, indexed to 2016 = 100, so coverage growth doesn't distort the trend. Each building contributes its verified vacant space once per survey; a space is not counted more than once, and years with no survey appear as a gap in the line.
Verified Aug 2026
Data limitations
- Not a census of every Bangkok building; covers buildings we track.
- Asking rent only — excludes incentives, rent-free and discounts (effective rent is lower).
- Weighted by vacant space, so it reflects available stock, not all leased space.
- A building may list several sizes; sub-divided space can differ in rate.
FAQ
What is the average office rent in Bangkok?
As of Aug 2026, the area-weighted asking rent is ฿854/sqm/month and the median ฿650, ranging ฿275–฿1,600 across 272 buildings. These are asking rents, not effective (post-incentive) rents.
Why is the weighted rent higher than the median?
The weighted rent (฿854) weights each vacant space by its size, so large vacant floors in newer, higher-priced buildings carry more weight and pull it up; the median (฿650) is the mid-point building rent, less affected by a few premium towers. Both are useful — use the weighted for market value, the median for a typical building.
Which area has the highest and lowest office rent?
Rama 4 has the highest weighted rent (฿1,194/sqm/month) and Srinagarindra the lowest (฿404). See the by-area table above.
Is asking rent the same as what I will pay?
No. Asking rent is the headline quote; the effective rent after rent-free periods and other incentives is usually lower, especially in a tenant's market. Ask us for the effective cost of a specific building.