Moving into Bangkok from another Tier 1 market means re-baselining occupancy economics in THB, re-running headcount density against local norms, and translating lease terminology to local conventions.
Moving into Bangkok from another Tier 1 market means re-baselining occupancy economics in THB, re-running headcount density against local norms, and translating lease terminology to local conventions.
Headline Bangkok rent is 1100 THB/sqft/yr ($31 USD). Translate your incumbent occupancy cost-per-seat to the same basis using the Occupancy Cost tool. Most cross-border moves underestimate fit-out">fit-out timeline and overestimate density transferability.
Net leases. 3-year terms with renewal options standard (Thai property law caps standard registered lease at 3 years; longer leases require land department registration). Free rent of 3-6 months on a 3-year deal. Use the Lease Term Translator to map terminology before reading the LOI.
Engage a tenant-rep broker, local counsel, an MEP/AV designer with Bangkok project history, and a project manager who has run a Class A fit-out in this market in the last 24 months.
| city | Bangkok |
|---|---|
| country | Thailand |
| region | APAC |
| classARentLocal | 1100 THB/sqft/yr |
| classARentUsd | $31/sqft/yr |
| vacancy | 24.6% |
| typicalLeaseYears | 3 |
| typicalRentFreeMonths | 4 |
| submarkets | 5 |
| primeYieldPct | 5.6% |
Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.