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Top 5 Land Prices in Bangkok and Metropolitan Area, 4Q5 Land Prices
Jul 17, 2023
Top 5 Land Prices in Bangkok and Metropolitan Area, 4Q5 Land Prices Bangkok
By   Renthub Editorial Team
  • City News
  • Land prices
  • property information
  • vacant land prices
Abstract: The Real Estate Information Center (REIC) reported the pre-development vacant land price index for the Bangkok metropolitan area for the fourth quarter of 4 years at 2,565.381 points, up 4.3% from the previous year and 4.12% year-on-year.

Housing Bank, acting director of the Dr. Vichai Wirataphan Real Estate Information Center, said one factor contributing to the slow rise in vacant land prices is economic conditions.

 

Kovid and Russian War Ukraine's impact on the global economy and the expansion of the 2566 Thai economy, including the government's announcement of a full tax on land and buildings without the 2563% discount as in 90-2562, the Ministry of Finance announced on 2566 2569 1 the land assessment prices for 2566-2564, and since 8 years, the national land assessment prices have averaged an upward adjustment of about <>%.

 

The first place goes to the land of Bompley-Bombo-Bomtamtong. The price change is as high as 1.57%.

 

The second place is the land in Nongtabri-Pakoret with a price change of 2.46%.

 Top 5 Land Prices in Bangkok and Metropolitan Area, 4Q5 Land Prices

The third place was land in Patumthani - Ladkongkau - Samhok. The price change rate was 3.31%.

 

Fourth place was land in Bangkok Inland with a price change rate of 4.16%.

 

The fifth place is land in Bangkhen-Sai Mai-Nongman-Laksi-Minburi-Nongchok-Klensamva-Ladkrabang. The price change rate is 5.10%.

 

Based on the above changing land prices, REIC believes that land prices in Bangkok's suburbs and metropolitan areas are constantly changing because of low transaction prices and a high demand for development to develop low level housing.

 

Consistent with the ability to purchase housing, the price of land prices in Bangkok's inner city and mid-level land prices are already high, albeit with some adjustments. As a result, the rate of price change is not as high as in the suburbs.

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Top 5 Land Prices in Bangkok and Metropolitan Area, 4Q5 Land Prices
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