Bangkok Serviced Apartment Market Q1 2011 | Colliers International Thailand

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  • 8/6/2019 Bangkok Serviced Apartment Market Q1 2011 | Colliers International Thailand

    1/10

    Q4 2010/Q1 2011

    new Supply

    RenTAlS

    OccupAncy

    Bangkok Serviced apartmentmarket

    ThAilAnd

    .ors.o.t

    Bangkok Serviced Apartment Market

    execuTive SummARy

    th s s u shw uh ss y h lws Q2

    2010. oll l s uy w u q/q.

    i s h h l s h al/my s 2010 whh ly s

    ss b ss ly wh cl Lu cl cBd y s

    us Q1 2011.

    Hw hs s ly s h s s h s us suly

    h us h y h wll u ssu h s h s sx hs.

    th hqu su J y h sll sh u, hw

    h l x s Js s thl wll ls sly

    h s s.

    Q1 2011 | SERVICED APARTMENT

    mARkeT indicATORS

  • 8/6/2019 Bangkok Serviced Apartment Market Q1 2011 | Colliers International Thailand

    2/10COLLIERS INTERNATIONAL | P. 2

    BANgkok SERVICED APARTMENT MARkET REPoRT | Q1 2011

    i 2010 u 540 us w sul h . o h us

    h us h sus u ys h

    h hs y s x. e huh w s

    s b Q1 2011 s x h u 1,770

    wll l by h 2011 lu h c p h w

    tl 21 lx wh 500 us. tl suly s

    us s h 2011 s x b xly 18,200.

    th sbu s s s l,bs h ul l h . cl Lu s

    y l bsss s h s s b h s sus

    l l s suh s a us. L

    Suhu ls s a us, u h xs

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    h .

    Su: clls il thl rsh

    Su: clls il thl rsh

    hiSTORicAl Supply by yeAR

    Supply by lOcATiOn And gRAde, Q1 2011

    hiSTORicAl Supply

  • 8/6/2019 Bangkok Serviced Apartment Market Q1 2011 | Colliers International Thailand

    3/10

    expecTed FuTuRe Supply in 2011

    COLLIERS INTERNATIONAL | P. 3

    Su: clls il thl rsh

    m h 1,700 us shul b l 2011. ds

    hs bus suly h h hhly

    s l s js b s, slly

    h Suhu .

    Suhu wll hs h s jy w suly hs y. m

    h 620 us wll b l ely Suhu xly

    470 us L Suhu . th s ly h

    uly hs s sl s bu ls h h

    l l s lw h h l ls s

    ls h BtS l.

    BANgkok SERVICED APARTMENT MARkET REPoRT | Q1 2011

  • 8/6/2019 Bangkok Serviced Apartment Market Q1 2011 | Colliers International Thailand

    4/10

    a uy s Q2 ubl u h al my

    ss, ly s sul sh- uss ll. th

    hus subs ls su wh y xs, slly

    Js, l thl ly s .

    alhuh Q4 2010 u x us, h s qu 2011

    ws y u bh a B ss h b

    us us.

    th s ws Q1 2011 ls bus y h s

    ly by h ss al/my 2010, h s cl cBd

    cl Lu. ths s s h w s h

    u sl ul ss y sll l

    s hs ls bu hs ws h lly b b.

    Hw ll zs uy s q/q L Suhu

    u b h s , 80%.

    Su: clls il thl rsh

    Su: clls il thl rsh

    OccupAncy FOR bAngkOk SeRviced ApARTmenTS On bOTh exTended STAy And cORpORATe hOuSing Sub-SeTS

    OccupAncy RATeS by lOcATiOn

    hiSTORicAl OccupAncy RATe

    COLLIERS INTERNATIONAL | P. 4

    BANgkok SERVICED APARTMENT MARkET REPoRT | Q1 2011

  • 8/6/2019 Bangkok Serviced Apartment Market Q1 2011 | Colliers International Thailand

    5/10COLLIERS INTERNATIONAL | P. 5

    BANgkok SERVICED APARTMENT MARkET REPoRT | Q1 2011

    numbeR OF expATRiATeS in bAngkOk, Q1 2011

    pROpORTiOn OF expATRiATeS in bAngkOk, Q1 2011

    Su: of F Ws as (W p), d ely

    th msy Lb clls il thl rsh

    r: ab s lu L, Bus cb zs

    Su: of F Ws as (W p), d ely th msy Lbu

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    th ub xs B sll us s uw

    llw h Q2 2010. Hw h ub s sll sl

    2009 blw 2008 h glbl Fl css (gFc).th l

    ub xs B Q1 2011 shws s s q/q.

    th Js sll s h ls u xs B

    ls h u s s, wh s

    sy l Suhu s uus ss. oh ls

    h lw y b h l s s

    s wul b by h.

    demAnd dRiveRS

  • 8/6/2019 Bangkok Serviced Apartment Market Q1 2011 | Colliers International Thailand

    6/10

    RenTAl RATe OF gRAde A And b by ROOm Type, Q1 2011

    Su: clls il thl rsh

    th l a u s h B by xly 2 8%, y.

    COLLIERS INTERNATIONAL | P. 6

    rls s u h slh ss Q1 2011 x h Suh

    F whh lss l cl cBd whh

    h qu s wh hs w h h 100,000 bh h b. th h y s hh s

    s, ly ely L Suhu cl Lu,

    ll buh h hh 50,000 bh h ll. alhuh L

    Suhu s uh u y hh w b s h

    h s w ys s h l h s ully ul wh Js hus ss.

    Su: clls il thl rsh

    RenTAl RATe FOR One bedROOm uniTS by lOcATiOn, 20102011 by QuARTeR

    RenTAl RATe

    BANgkok SERVICED APARTMENT MARkET REPoRT | Q1 2011

  • 8/6/2019 Bangkok Serviced Apartment Market Q1 2011 | Colliers International Thailand

    7/10COLLIERS INTERNATIONAL | P. 7

    BANgkok SERVICED APARTMENT MARkET REPoRT | Q1 2011

    STRengThS

    th s s B s y s s

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    .

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    J. th hqu s h ty s

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    OppORTuniTieS

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    ThReATS

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    s.

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    s s.

    SwOT AnAlySiS

  • 8/6/2019 Bangkok Serviced Apartment Market Q1 2011 | Colliers International Thailand

    8/10COLLIERS INTERNATIONAL | P. 8

    Appendix

    BANgkok SERVICED APARTMENT MARkET REPoRT | Q1 2011

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    n z s s s xss thl

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    us , whh suy s blw.

    gRAde AL ls luxuy sl s. Fush

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    :

    Central CBD

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    Central Lumpini Area

    th cl Lu s h s l r i, rj, Wlss,

    plh, Lsu, phyh phhbu rs, s wll s h

    ss bw, suh s S Lsu S ruu.

    Early Sukhumvit Area

    ths s h s Suhu r bw S 1 S 35 h

    h S 2 S 24 h suh.

    Late Sukhumvit Area

    ths s h s Suhu r bw S 37 S 77 hh S 24 S 50 h suh.

    Southern Fringe Area

    ths s h h shs l h b h ch phy r

    chu r. nhws rh r r iii

    r l hs .

    Other Areas

    ms h g B & c s s s

    ss h y, lu phyh, phhbu, rhs,

    m, S B rhh r.

    COLLIERS INTERNATIONAL | P. 9

    BANgkok SERVICED APARTMENT MARkET REPoRT | Q1 2011

  • 8/6/2019 Bangkok Serviced Apartment Market Q1 2011 | Colliers International Thailand

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    cOllieRS inTeRnATiOnAl ThAilAnd

    mAnAgemenT TeAm

    adviSorY ServiceS | HoSpitaLitY

    J m g | d

    proJect SaLeS & marketing

    mh ows | S m

    reSidentiaL SaLeS & LeaSing

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    oFFice & indUStriaL ServiceS

    nu rsh | S m

    retaiL ServiceS

    ashw Wh | S m

    adviSorY ServiceS

    n thu | ass d

    reaL eState management ServiceS

    B chyu | ass d

    inveStment ServiceS

    nu Suwul | ass d

    Ws rjjuul | S m

    reSearcH

    ay p | ass dSuh kh | S m

    vaLUation & adviSorY ServiceS

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    phhsu phhu | ass d

    S kh | S m

    W Susuw | m

    pattaYa oFFice

    m Bwl | S Sls m

    Su Sjs | S Busss dl

    m / of m

    CoLLIERS INTERNATIoNAL ThAILAND:

    Ban ofce17/F plh c,2 Suhu r, kly,B 10110 thl

    Tel +662 656 7000

    FAx +662 656 7111

    emAil .h@lls.

    Pattaya ofce519/4-5, py S r (os cl Fslpy Bh), nu, Blu, chbu 20150

    Tel +6638 427 771FAx +6638 427 772

    emAil .y@lls.

    ReSeARcheR:

    thlay pass d | rsh

    emAil y.@lls.

    ReSeARcheR:

    thlSuh khS m | rsh

    emAil suh.h@lls.

    480 fs 61 us 6 s

    th h ls ll s ss y h wl

    th s s sl l s blblly

    US$2 bll ul u

    o 2 bll squ u

    o 15,000 ssls

    ths h sh ls y b u u wbs www.lls..h. Quss l

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    s, s ws s u hs u xlus ll lbly lss s s

    h . clls il s wlw fl ly w s.

    al suss.

    U Ss: 135

    c: 39L a: 17

    as p: 194

    emea: 95

    BANgkok SERVICED APARTMENT MARkET REPoRT | Q1 2011