Asia Pacific Regional Overview - NAI Commercial Real Estate

Bangkok ThailandMarket SummaryCountry Population69,000,000 (Dec 2007 est.)Area (sq km)514,000GDP (in US$)US$239.9 billion (2008 est.)GDP Growth (%)4.5% (2008 est.)GDP Per Capita (in US$)US$3,575 (2008 est.)Inflation (%)2% (2008 est.)Interest Rate (Federal Funds Rate) ¹ (%) 3%Unemployment (%)1.7% (2008 est.)CurrencyThai baht (THB)Exchange Rate (US$ and date)1 THB= .0320 USD (3/17/08)Exchange Rate (Euro and date)1 THB= .0203 EUR (3/17/08)Market NameBangkokMarket City Population8,160,000 (2007)About the MarketBangkok is a thriving capital city withover 10 million people. The country nowhas office, manufacturing, hospitalityand multi-family unit requirements froma financial crisis that occurred in the late1990s. The market needs newinvestments in infrastructure, as well asin quality office buildings. The marketpresents many excellent opportunitiesacross the board for investors in offices,factories, logistics and retail.51