webfact Posted February 15 Share Posted February 15 Bangkok’s prime retail locations, including Siam Square, Chidlom, and Ploenchit, retain their position as the city’s most expensive land areas, with prices reflecting the lucrative nature of the retail business compared to other commercial ventures. Sopon Pornchokchai, the president of the Agency for Real Estate Affairs (AREA), revealed that a survey of land prices across Bangkok and its vicinity, ongoing since 1994, has shown that these central business areas command the highest prices. This trend is largely driven by the retail sector, which is more profitable than residential, office, or hotel developments, often yielding lower rental incomes, reported KhaoSod. Top 10 most expensive locations in Bangkok and surrounding areas Siam-Chidlom-Ploenchit at 3,750,000 baht (US$103,796) per square wah Wireless Road at 3,100,000 baht (US$85,804) per square wah Sukhumvit-Times Square at 2,940,000 baht (US$81,376) per square wah Sukhumvit 21 Asoke at 2,730,000 baht (US$75,561) per square wah Silom at 2,700,000 baht (US$74,715) per square wah Sathorn at 2,400,000 baht (US$66,413) per square wah Sukhumvit Ekkamai at 1,950,000 baht (US$53,961) per square wah Yaowarat at 1,900,000 baht (US$52,577) per square wah Phaya Thai at 1,850,000 baht (US$51,194) per square wah Early Phaholyothin at 1,800,000 baht (US$49,810) per square wah. by Nattapong Westwood Photo courtesy of iStock Full story: The Thaiger 2024-02-15 - Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. Get our Daily Newsletter - Click HERE to subscribe Link to comment Share on other sites More sharing options...
Geoffggi Posted February 15 Share Posted February 15 Shame Bangkok is sinking ..................LOL Link to comment Share on other sites More sharing options...
PETERTHEEATER Posted February 15 Share Posted February 15 What's happening to the former British Embassy site? Link to comment Share on other sites More sharing options...
Muhendis Posted February 15 Share Posted February 15 7 hours ago, webfact said: Siam-Chidlom-Ploenchit at 3,750,000 baht (US$103,796) per square wah Wow! That's 1.5 Billion Baht per Rai. Here in my part of Buriram we are looking at 300,000 Baht per Rai for agricultural land. Just imagine how much you would have to charge for a kilo of rice grown on one Rai in the center of Bangkok. Link to comment Share on other sites More sharing options...
john donson Posted February 15 Share Posted February 15 some people, the ones that gave themselves large plots of land in the past must be very happy... wink wink Link to comment Share on other sites More sharing options...
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