Downtown Bangkok land prices still increasing

Land prices in Greater Bangkok will rise by 4% on average this year, the same as last year. In 2015, prices rose 3.2%, down from 3.5% in 2014 and 4.6% in 2013,according to property consultant Agency for Real Estate Affairs (AREA).The highest increase last year was near the Sukhumvit-Asok Road areas, up 27% to 1.4 million baht per sq w, followed by locations near The Mall Tha Phra on Ratchadaphisek Road in Thon Buri district, with a 25% uptick to 300,000 baht per sq w. The Sukhumvit-Asok location saw the highest increase as available land plots there for property development were scarce, according to AREA managing directorChamnong Buakai. As of the end of 2016, the highest land prices were still in Siam Square, Chidlom and Phloenchit areas at 2 million baht per sq w, expected to rise to 2.13 million by the end of this year, a rise of 6.5%. Appraised land prices at these locations for 2016-19 by the Treasury Department were 900,000 baht per sq w, second only to Silom Road at 1 million baht per sq w. Locations on Rama IV Road from the Sathon to Sam Yan intersection will become emerging areas for new development, with at least two large projects expected to be located there. Land prices on Rama IV Road are around 400,000-500,000 baht per sq w. AREAestimated they would rise to 1 million baht per sq w once the Grey Line between Rama III Road to Watcharaphol started construction. A plot sized 23.5 rai on the corner of Rama IV and Silom roads, where the Dusit Thani Hotel is situated, was leased to Dusit for 30 years at a price of 7.33 billion baht, or 780,000 baht per sq w, according to SET-listed hotel group Dusit Thani Plc's report to the Stock Exchange of Thailand (SET). The lowest land price in Greater Bangkok was on Liab Khlong 13 Road KM5 in Lam Luk Ka area at only 2,600 baht per sq w because there was no infrastructure to attract new property development. 

ที่มา : http://www.bangkokpost.com/learning/advanced/1251133/downtown-bangkok-land-prices-still-increasing

วันที่ 17 พ.ค. 60