25 new Bangkok malls set for 2015
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At least 28 new community malls will be opened in Bangkok and suburban areas in 2015-16 in response to growing urbanisation and changing lifestyles.
Community malls accounted for the biggest growth in the retail sector last year. Over a half or 147,000 square metres, out of the total new retail space of 282,600 square metres, came from community malls.
Surachet Kongcheep, associate director of Colliers International (Thailand) Co, said 25 new community malls with over 320,000 sqm were slated to open this year. Among them, 14 projects are in western Bangkok including Kalapapruek, Ratchapruek and Phetkasem Soi 48
Questions & Answers
Q.How many new community malls are projected to open specifically in 2015?
How many new community malls are projected to open specifically in 2015?
There are 25 new community malls with over 320,000 square metres slated to open in 2015. These projects are concentrated in Bangkok and suburban areas, responding to urbanisation and changing lifestyles.
Q.Where in Bangkok are many of these new community mall developments located?
Where in Bangkok are many of these new community mall developments located?
Fourteen of the new community mall projects are located in western Bangkok. Specific areas mentioned include Kalapapruek, Ratchapruek, and Phetkasem Soi 48, indicating a focus on these developing urban regions.
Q.What was the total new retail space developed last year, and how much came from community malls?
What was the total new retail space developed last year, and how much came from community malls?
Last year saw 282,600 square metres of total new retail space. Over half of this, specifically 147,000 square metres, was contributed by community malls, showing their significant growth.
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