Bangkok Office Rent March 2026 — Rates by Area & Building Quality
As of Mar 2026, the area-weighted asking rent for Bangkok office space is ฿876/sqm/month and the median ฿670, ranging from ฿275 to ฿1,600 across 281 buildings. Rents are asking rents; effective rents after incentives are typically lower.
As of Mar 2026. Asking rent, area-weighted by vacant space, ฿/sqm/month. Computed from the 281 buildings that have asking rent, vacant-space size and the data needed to weight them, out of 365 active buildings in the database.
Key findings
- Weighted asking rent is ฿876/sqm/month; the median is ฿670 — the gap partly reflects that large floors in newer, higher-quality buildings quote above the typical building.
- In the like-for-like panel, weighted rent moved from ฿712 (2016) to ฿764 (2025) — about 7% over the decade, a relatively limited rise.
- Rama 4 has the highest weighted rent (฿1,155/sqm/month).
- Srinagarindra is among the most affordable (฿418/sqm/month).
Rent trend 2016–2025
Like-for-like panel of 203 buildings, weighted asking rent 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 ≥ 3m 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 281-building set as above.
In this dataset, buildings that meet the proxy criteria carry an asking rent about 37% 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 area
Weighted rent (฿876) weights by vacant-space size; median (฿670) is the mid-point building rent.
| Area | Weighted rent ฿/sqm | Buildings | Est. occupancy* | Available (sqm) |
|---|---|---|---|---|
| Rama 4 | ฿1,155 | 19 | 60.4% | 308,479 |
| Phloen Chit | ฿1,045 | 16 | 59.8% | 144,192 |
| Sukhumvit | ฿998 | 38 | 74% | 242,433 |
| Chidlom | ฿971 | 17 | 78.4% | 123,994 |
| Silom | ฿961 | 15 | 76.1% | 106,880 |
| Phaya Thai | ฿957 | 10 | 72.5% | 104,797 |
| Sathorn | ฿924 | 24 | 73.1% | 229,601 |
| Phahonyothin | ฿786 | 15 | 77.2% | 90,172 |
| Rama 3 | ฿773 | 11 | 71.4% | 68,982 |
| Ratchadamri | ฿700 | 1 | 77.2% | 3,948 |
| Asok | ฿687 | 14 | 82.7% | 77,205 |
| Vibhavadi Rangsit | ฿663 | 2 | 86.7% | 12,729 |
| Rama 9 | ฿662 | 10 | 81.9% | 98,587 |
| Bangna | ฿626 | 28 | 84.5% | 156,747 |
| Chaeng Watthana | ฿623 | 1 | 91.4% | 6,681 |
| New Petchburi | ฿618 | 12 | 79.2% | 83,921 |
| Ratchadapisek | ฿614 | 19 | 84.9% | 67,859 |
| Naradhiwat Rajanagarindra | ฿607 | 4 | 63.7% | 46,814 |
| Krung Thonburi | ฿557 | 3 | 96.9% | 4,575 |
| Ramkhamhaeng | ฿526 | 7 | 58.8% | 56,229 |
| Surawong | ฿520 | 11 | 91.3% | 22,229 |
| Srinagarindra | ฿418 | 4 | 65.7% | 12,685 |
*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
Buildings within a 500m walk of a BTS/MRT/ARL/BRT station vs the rest — same 281-building set as above.
Offices within a short walk of a station carry roughly a 40% rent premium over those further out.
Asking rent vs effective rent
The rents above are asking (headline) rents. From OfficeBangkok's negotiating experience, the effective rent actually paid is usually lower than the asking rate once rent-free periods, fit-out contributions and other incentives are counted — but the gap depends on the building, the space size and the lease term, so we do not quote a single fixed discount.
(This page reports asking rent because it is what is published and verifiable; effective rent is deal-specific.)
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 281 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 Mar 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.
Download the data
Bangkok office market 2016–2025 (CSV) — CC BY 4.0 with attribution to OfficeBangkok.com.
⬇️ Download CSVFAQ
What is the average office rent in Bangkok?
As of Mar 2026, the area-weighted asking rent is ฿876/sqm/month and the median ฿670, ranging ฿275–฿1,600 across 281 buildings. These are asking rents, not effective (post-incentive) rents.
Why is the weighted rent higher than the median?
The weighted rent (฿876) 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 (฿670) 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 (฿1,155/sqm/month) and Srinagarindra the lowest (฿418). See the by-area table above.
Is asking rent the same as what I will pay?
No. Asking rent is the headline quote; effective rent after rent-free periods, fit-out contributions and other incentives is usually lower, especially in a tenant's market. Ask us for the effective cost of a specific building.