Smokemachine Posted May 8, 2012 Share Posted May 8, 2012 I'm just wondering is it still worthy to invest in rice land? Heard the pricing is not low presently. Link to comment Share on other sites More sharing options...
loong Posted May 8, 2012 Share Posted May 8, 2012 Probably not, depends what you mean by invest. Take a look at http://www.thaivisa.com/forum/topic/545136-the-price-of-a-rai/ you may find it helpful Link to comment Share on other sites More sharing options...
astral Posted May 8, 2012 Share Posted May 8, 2012 How do you plan to invest? As a foreigner you are not allowed to own land? Having said that the trend in cereal prices tends to be up so an investment in rice commodities might be in order!! Link to comment Share on other sites More sharing options...
Gary A Posted May 9, 2012 Share Posted May 9, 2012 Buying land to grow rice is a terrible investment. At the land prices today, you will be lucky to ever break even. Link to comment Share on other sites More sharing options...
BigJohnnyBKK Posted May 9, 2012 Share Posted May 9, 2012 Land is a great long-term investment here as long as your purchase price is low and the growth demographics make it likely the land will be used for something other than growing rice in the future. A very small income can be made off it by keeping on growing rice in the meantime if the land is local to peasants that you trust. And of course it's an investment only available to Thais, if a farang is paying for it 99% of the time it will be a gift in the long run. Link to comment Share on other sites More sharing options...
plopmeister Posted May 9, 2012 Share Posted May 9, 2012 "Rice farming " land is a good investment in my area because we live near a sugar factory......Not everybody chooses to grow sugar cane but as long as the factory is there land prices will be high and have proven to be a good investment. Look around the location to see what might be available in the future but generally speaking the only investment you are making is for your Thai children's future..Which is OK cos thats what I have done.. Link to comment Share on other sites More sharing options...
Smokemachine Posted May 15, 2012 Author Share Posted May 15, 2012 Thank folks for your advice Link to comment Share on other sites More sharing options...
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