Land prices in Bangkok rose once more during the first quarter of this year and have now increased by double digits for three consecutive quarters. According to the Real Estate Information Center (REIC), prices in suburban Bangkok are surging the fastest. “The top five locations securing the highest year-on-year increase in the price index of vacant land were all located outside of Bangkok. The growth...
The highest land price rises in Bangkok over the past few years were found in Huai Khwang, according to findings from the Thai government's recent assessment. That was to be expected given the increase of development in the area and its proximity to key hubs, such as Rama IX. The Treasury Department Director-General Chamroen Phothiyod noted that land prices in Huai Khwang soared by 21.5 percent when...
Land prices across greater Bangkok rose during the third quarter with the largest gains being recorded in suburban locations, according to data from the Real Estate Information Centre (REIC). the largest increases were seen in the Samut Prakan and Nonthaburi provinces where prices remain relatively low. In fact, land prices in the Bangkok city center grew at a much slower pace than in years past due to...
Bangkok land prices continue to grow but at a slower pace than previous years, according to the Real Estate Information Center (REIC). There were a number of reasons for this, including Thailand’s struggling economy and the full collection of the land and building tax which went into effect this year. The REIC’s price index of vacant land in Greater Bangkok was 354.5 in the second quarter of 2022....
by Asia Land For Sale