Silom land price most expensive in Thailand - a million baht per square wah

 

Picture: Sanook

 

The Treasury Department has announced its estimated prices on land throughout the kingdom.

 

The most expensive place is the Silom area of Bangkok where the price for a square wah of land - four square meters - is one million baht.

 

The cheapest land in the Bangkok metro area is in the seaside area of Klong Long, Bang Khun Thian where a square wah goes for just 500 baht.

 

Outside the capital the most expensive place is Hat Yai, in Songkhla where the value is 400,000 baht.

 

While in Khok Charoen, Lopburi Thais can pick up a square wah for just 20 baht.

 

Treasury Director Pachorn Ananta-silpa said that the prices reflect estimates that are as near as possible to actual market values.

 

Some 32 million plots were surveyed for the annual figures.

 

The department also announced plans in seven or eight provinces to help poor people buy property. The scheme is called the "Homes for Thais" project and will provide cheap loans for people through the Government Savings and Government Housing banks.

 

Source: Sanook

 

-- © Copyright Thai Visa News 2017-12-19

That must be why a fruit vendor was selling cut pineapple for 60 baht outside of the Silom MRT when it is 20 baht everywhere else in BKK ! Special Tourist price...

2 hours ago, tonray said:

That must be why a fruit vendor was selling cut pineapple for 60 baht outside of the Silom MRT when it is 20 baht everywhere else in BKK ! Special Tourist price...

 

only 5 baht in Lop Buri

2 hours ago, tonray said:

That must be why a fruit vendor was selling cut pineapple for 60 baht outside of the Silom MRT when it is 20 baht everywhere else in BKK ! Special Tourist price...

 

only 5 baht in Lop Buri

1 hour ago, punchjudy said:

 

only 5 baht in Lop Buri

 

1 hour ago, punchjudy said:

 

only 5 baht in Lop Buri

 

At that price I would buy it twice too! 

 

1 million bt only equals $ 30,000, so that's $ 7500 per square metre. Peanuts compared to, say, New Delhi. You'd have to go far far away from the city to buy land at that price in Delhi or surroundings.