According to a study by CBRE Global Research, Bangkok appears to be the least expensive city in this part of the world in terms of office prices and moving to the Thai city may therefore be a wise choice.
While the other capitals are at the top of the ranking with Hong Kong in first position ahead of American and European capitals in terms of fares, we also find West Kowloon (Hong Kong) and Tokyo in the top five positions. It can therefore be inferred that Asia confirms its status as a booming continent with growing economic power.
As a result, office prices tend to follow the state of the market and for a new company, it will then be difficult to settle in one of these cities without paying a substantial sum which could cause their loss even before their development. . This ranking then makes it possible to study the different options available to it and choose the most advantageous.
But the interest of this study is also to highlight the least expensive capitals out of the 127 studied. In this sense, we find Bangkok in 115th place with lower rates than its neighbors, which can then be an ideal alternative for settling in Asia and making your business live in a flourishing economic market while enjoying certain advantages.
Indeed, despite an increase of more than 5%, Thai offices remain the cheapest in Asia and should logically see many professionals come to set up their business there in the future. This is therefore also an asset for Thailand because this situation will necessarily benefit its economic situation and in turn allow it to derive substantial benefits.