The serviced industrial land market in the first half of 2024 experienced growth across the board, with increases in new supply, land sales, sales rates and asking prices, primarily driven by demand in the Eastern Economic Corridor (EEC).
Marcus Burtenshaw, executive director and head of occupier strategy and solutions at property consultant Knight Frank Thailand, said the first half of 2024 showed a strong, sustained demand for serviced industrial land in Thailand, particularly in the EEC.
“This trend underscores Thailand’s growing appeal as a hub for high- value, technology-driven industries,” he said. “With investments from both local and international players, coupled with government incentives, the growth in this sector is expected to continue.”
