Bangkok Retail Report Q3-2010

8/8/2019 Bangkok Retail Report Q3-2010

1/12

Bangkok Retail MaRketRepoRt

thailand

.es..

Bangkok Retail Market

ExEcutivE Summary

i ws ry busss s usu r h rm sh r B s Cr Wrd ry

rd h d Q3 2010 wh h rs h cc sh cr sc s b

vb by h d 2010, xc r Z Drm sr.

Rs rs rmd sb wh sh b rcrdd h cr du h rss

ccurr hr.

arud 24,000 sq m r sc ws cmd Q3 2010 d urhr 28,000 sq m s

schdud cm Q4 2010.

Rurbshm dr sh crs s rssur hr crs rvm m

cusmr rs.

markEt indicatorS

Q2-Q3 2010

Supply

dEmand

rEntalS

occupancy

Q3 2010 | RETAIL


2/12

BANGKOK RETAIL MARKET REPORT | Q3 2010

COLLIERS INTERNATIONAL | P. 2

rEtail locationS


3/12COLLIERS INTERNATIONAL | P. 3


rEtail markEt catEgoriES

hiStorical Supply

hiStorical Supply By yEar

cumulativE Supply in Bangkok

Surc: Crs ir thd Rsrch

Rmr : e = esmd suy

th rzd r mr thd c b dvdd sv m

crs, bsd sz, chrcrscs, ds sd, d rc.

1) Sh M / Sh Cr

2) Drm Sr (urs r hs rr cud sd srs

y, hs cd sh ms r cudd)

3) Hyrmr

4) Cmmuy M

5) Scy Srs

6) erm Cmx (hs ds cud rm rs

sh ms s hs rrs rsc r h sh m

mx)

7) Sur R

n: Fr h urss h rr r rrs rzd r

srvcs d xcuds rd s rrr us cd

shhuss d mrs css rdmy sm rdrs.

as surmrs hv b xcudd rm hs rr.

ams 24,000 sq m ws cmd Q3 2010 d rxmy

28,000 sq m. s schdud b cmd Q4 2010, hwvr sm

rjcs my b dyd du h cs h rss ar d

My.

Cr Wrd rd s drs 28 Smbr r hvy

dm by rs dur r My 19 huh sc hs b

h ubc. Cpn s h wh Cr Wrd h

d 2010 d auus 2011 r Z Drm Sr, whch ws

ms cmy dsryd.



add suy r Q3 2010 ws rvdd by jus w r crs

wh ms cm rm th Surm Cmx cmmuy m

Sms rd h our Cy r. a umbr sm cmmuy ms

d sur r crs r schdud hr drs Q4

2010.

Sc 2007 wrds u Q3 2010, r sc h our Cy r

crsd by mr h 14% wh Suburb B nrh r

crsd mr h 36%, du wr d rcs hs zs d

h rxmy hs cs sr cusmr bs.



additional Supply in 2010 By QuartEr

BrEakdown of rEtail SpacE in Bangkok By location, Q3 2010



5/12

proportion of rEtail SpacE in Bangkok By location



R dvrs r ry dv r rjcs csr hr

cchm rs, s ms h h r sc B r

s cd h suburb B r, s ms rsd r r

suburb B. as chr d vb d ws r rr

sc sh crs d hyrmrs. Suburb B nrh

r shwd rd rwh 2008 d 2009 wh crs rud

35% rm 2007. Cr Chw, Fuur pr Rs, Crys

Ds Cr d esd 2 rvdd h bu hs crs.

Crrur, h Frch hyrmr ch, hs sd bc rm

thd, Sr d Mys, d hy s bds r hr

rrs. Crrur hd 44 srs thd d h s by h

d 2010. Cr gru d Br Jucr r h rm bddrs

r ptt whdrw. i Cr ru w h bdd hy my cs

sm srs h sm c s B C whch hy r w. i Br

Jucr, r h tCC gru, w h uc hy h

srs d rv hm.




th uur suy schdud b cmd 2012 s rxmy

355,000 sq m d mr h 28,000 sq s xcd b cmd

Q4 2010, wh rxmy 15,800 sq m s cmmuy ms.

th our Cy r s rms h ms ur c r r. i

Q4 2011 Cr Rm 9 Rchds Rm 9 irsc s

schdud b cmd wh r rxmy 120,000 sqm, crs h suy sh ms.

asd Cr Rm 9 hr r rjcs r udr dvm,

such s gwy em, JJ Cr d th n.

trm 21 by ld & Huss ws schdud b cmd 2011

d w dd mr h 35,000 sq m sh m sc h Cy

r. th w BtS xs o nu Br, d cmmc

cmmrc rs x yr w bs u rsd rjcs h

r h , s r dvrs r y y hs

c.

prds pr d s drs Q2 2010 r vrhu d

rm rm h r Sr Cr. Fuur pr Rs s

rud 1 b bh d 3 yrs r rv b cmd

ocbr 2009. Fsh isd s s h rcss rv d sd b cmd 2011. Cpn s rvm Cr ldr

b Fbrury x yr r Cr Wrd s 100% cmd

h d hs yr. ohr Cpn crs r d b rvd

h uur. i h cr Sm Dscvry s b ry rurbshd

d w cud Mdm tussuds, rmr wrdwd urs rc

h w urhr hc Rm i s h rmr sh d

rm r B.

Fuur pr B csd s cr auus 2010 r rv

r Sc Dvm pc. Buh h rry rm th ass

Mm Crr (taMC) h scd qurr hs yr. th

cmy ms cm rv wh ry x yr, r h

rv h cr my b w m hs r, s h ur

hm r Y Y ld Sc Squr w s b cd hs

cr.


BrEakdown of futurE Supply in Bangkok By yEar and catEgory, Q3 2010

futurE Supply

rEfurBiShmEnt of ExiSting rEtail cEntrES



7/12

dEmand takE up




BrEakdown of hiStorical takE up ratE of rEtail SpacE By location, 2000 Q3 2010

takE up ratE of currEnt Supply By catEgory, Q3 2010

Sm dcrss wr rsrd zs q/q. th Cy d our

Cy rs rud -0.6% wh h Suburb r -0.4% ws

rcrdd. ths s y b c h rubs Q2 2010.

t u r crs, xc sur r, s mr h 95%.

Sur r cmmds y 85% d c b xd by h

rc cusm rm wrrs h cs h r cm

surs. lw vs c ccucy vr h s w yrs ccu

r hs s hs ms ss us h us. i sm sus

h mu sc r sur r s r r h c sc

d sm cvr c sc r r crs.




t u rs r r Q3 2010 q/q xc r h Suburb

B - Ws d nrh rs y whch crsd rm Q2 by

b 0.1%. i h uur hs w rs w b h cus

du h mu rsd dvm c.

th s csumr cdc rm 2003 u h rs dy rfc

h c ucry h cury, vrus hh ubrs

such s brd fu d h cmc dwur h ccurrd h d

h dcd. Wh cdc b susd uwrd h

h wr rd 09/10, hs ws svry dd w h

rss ar d My. Hwvr Q3 wssd rur h

crs rd.

Surc : Crs ir thd Rsrch

takE up ratE of currEnt Supply By location, Q1 Q3 2010

conSumEr confidEncE indEx (cci)

Surc : Buru trd d ecmc idcs, Crs ir thd Rsrch


dEmand drivErS focuS


9/12

rEtail SalES

domEStic crEdit card uSagE volumE

Surc : B thd, Crs ir thd Rsrch

Surc : B thd, Crs ir thd Rsrch

th rss h rvus qurr hd mcd h r mr bu

Q3 2010 h vr r sd rurd d hs shws

msm r h uur.

Crd crd us vr h s v yrs hs crsd mr h 198%

d hs crds r usd rzd r crs. th rc

umbrs dc sd dur h rss d c u

Q3 2010.





trEndS

rEntalS

Surc: R d Shr trds as pcc 2010, th ns Cmy


thd rs hh wh cms sh hyrmrs. th

y s y b h hs crs r y h ruy

sc u r h w bu s r wh r srvcs d

rsmb sh crs sm wys, v smms cud

br d curs. Hyrmrs my sss dub u s

cmmuy ms rvd my rm cs r h c

cmmuy.

th r rs vry r s rms h sm rm h s qurr,

huh h Cy r whch ws cd by h rs vc,

dcrs 2% ws rsrd r Q3 rhs s sur s

hs c.

pErcEntagE of urBan ShoppErS uSing hypErmarkEtS rEgularly

rEntal ratE



11/12

forEcaSt


as Q4 bs h r xrc h cr hs ry rurd

s rvus rc mshr s shrs r h ccs

bmb, scury chcs d s vsb dm rm h vs My 19.

as Chrsms d nw Yr rchs Q4 rmss b hr

bumr rd r h r dusry.

Wh h uur sus Crrurs xs srs s h bc

h w bd w hv c h hyrmr srucur. as

h d Q3, w yrs rm h rc. o s Cr gru

whch s y rduc s ry wd B C sursr curr

Crrur cs r curry h vcy. Fr cs

whr B C s rdy cm cmmry r/

rm cr s y b rducd. th hr bddr, Br

Jucr, s curry vvd drcy r d s hrr

xcd d xrcd r rr rbby wh thd

bu r rr c b dscud.

Sm crs hv cmd rv, r h rcss r r hs. as cr udrs hs s, hs us rssur

hburhd crs d ws, rduc swb c,

huh h dcs s s bsd succssu xs

shd crc r hr 30 yrs hus jusy h xs

vvd.



12/12

colliErS intErnational thailand

managEmEnt tEam

pRoJeCt SaleS & MaRketing

Ws Rjjuu | Mr

aDViSoRY SeRViCeS

nr tchum | Mr

oFFiCe, inDUStRial & Retail SeRViCeS

nrum Rdsrvrh | Sr Mr

Real eState ManageMent SeRViCeS

Bdd Chyu | assc Drcr

aDViSoRY SeRViCeS | HoSpitalitY

J Mrc grr | Drcr

inVeStMent SeRViCeSnur Suwu | Sr Mr

ReSiDential SaleS & leaSing

pm Jr | M Drcr

ReSeaRCH

ay pc | Sr Mr

Surch kch | Mr

ValUation & aDViSoRY SeRViCeS

nchs Brw | assc Drcr

phchsu phrmhu | Mr

pattaYa oFFiCe

Mr Bw | Ss Mr

Su Srjs | Busss Dvm Mr

COLLIERS INTERNATIONAL ThAILANd:

Bangkok Ofce17/F pch Cr,2 Suhumv Rd, ky,B 10110 thd

tEl +662 656 7000

fax +662 656 7111

Email [email protected]

Pattaya Ofce519/4-5, py Scd Rd (os Cr Fsvpy Bch), nru, Bmu, Chbur 20150

tEl +6638 427 771fax +6638 427 772


rESEarchEr:

thday pcSr Mr | Rsrch


rESEarchEr:

thdSurch kchMr | Rsrch


480 cs 61 curs 6 cs

th hrd rs cmmrcr s srvcs cmy h wrd

th scd ms rcsdcmmrc r s brdby

US$2 b u rvu

ovr 2 b squr udrmm

ovr 15,000 rsss

ths rr d hr rsrch mrs my b ud ur wbs www.crs.c.h. Quss rd

rm hr shud b drcd h Rsrch Drm h umbr dcd bv. ths dcum hs

b rrd by Crs ir r dvrs d r rm y. Crs ir ms

urs, rrss r wrrs y d, xrssd r md, rrd h rm cud, bu

md , wrrs c, ccurcy d rby. ay rsd ry shud udr hr w

qurs s h ccurcy h rm. Crs ir xcuds uquvcy rrd r md

rms, cds d wrrs rs u hs dcum d xcuds by r ss d dms rs

hr rm. Crs ir s wrdwd ddy wd d rd cms.

accr succss.


Ud Ss: 135

Cd: 39l amrc: 17

as pcc: 194

eMea: 95

Documents

Bangkok Retail Report Q3-2010