Price Of Land 5million Baht 40 Rai Rubber Trees

[WilliamCave]

My wife was offered a piece of land in the south near Chumphon for 5million baht it has palm oil mature trees producing now, it has easy access and there are 40 rai..

looking for opinion and price per rai if anyone has experience

[stoneman]

My wife was offered a piece of land in the south near Chumphon for 5million baht it has palm oil mature trees producing now, it has easy access and there are 40 rai..

looking for opinion and price per rai if anyone has experience

Sounds awfully high...unless there are several producing oil wells also on the land(joking)...Personally, I would pass...Try to put the numbers to it and check the return and cash flow...Bet they are both negative for a long time...

I have bought chanote titled land around Udon with 3 - 5 yr old rubber trees for 40 - 50,000/rai...

Stoneman

[njr2008]

if it's productive, that will be ok price.

[Khun Jean]

Last time i looked (1 year ago) i saw many for sale for a price around 35.000 per rai.

The biodiesel hype jacked up the price, but for how long?