Silom tops the most expensive land price at one million baht per square wah

[webfact]

Silom tops the most expensive land price at one million baht per square wah



BANGKOK: -- Silom business area has the most expensive land price in the country with a square wah of land rising to one million baht, while Ratchadamri area coming second at 900,000 baht.

The new land price appraisal was announced by the Treasury Department over the weekend.

The new land price appraisal will become effective four years from January 1 next year to end of December 2019 before a new round of land price appraisal will be made again.

According to Mr Chakkrit Parapuntakul, director-general of the Treasury Department, the new land price appraisal saw land prices going up 75-150% as compared to prices four years ago.

Average land price nationwide is 15% higher than the last appraisal.

The highest price increase are land close to electric trains routes in Bangkok.

He said land price at Silom, particularly land close to the electric train route, rose to one million baht per square wah, from previous appraisal at 850,000 baht.

Coming close to Silom is Rachadamri where price shot up to 900,000 from 600,000-700,000 baht.

He said land prices in new economic zones and close to high speed train routes also doubled.

Source: http://englishnews.thaipbs.or.th/silom-tops-the-most-expensive-land-price-at-one-million-baht-per-square-wah


-- Thai PBS 2015-09-28

[Seastallion]

"According to Mr Chakkrit Parapuntakul, ...... land prices going up 75-150% as compared to prices four years ago.

He said land price at Silom, particularly land close to the electric train route, rose to one million baht per square wah, from previous appraisal at 850,000 baht."

I wish people in charge of matters that require some calculations were proficient at basic maths.

850 000 rising to 1000 0000 is hardly 75 -150%

[piersbeckett]

"According to Mr Chakkrit Parapuntakul, ...... land prices going up 75-150% as compared to prices four years ago.

He said land price at Silom, particularly land close to the electric train route, rose to one million baht per square wah, from previous appraisal at 850,000 baht."

I wish people in charge of matters that require some calculations were proficient at basic maths.

850 000 rising to 1000 0000 is hardly 75 -150%

Did you mean rising to 1,000000?

[mojorison]

Good to see they are still using the provincial measuring system. (One wah is equal to two Lah. One Lah is one Yard, which is 36 inches. So one square wah is actually 4 square yards. AMIRIGHT?

[jalansanitwong]

So obviously there's no chance of central Bangkok being 1m under water by 2030 ?

[Om85]

Good to see they are still using the provincial measuring system. (One wah is equal to two Lah. One Lah is one Yard, which is 36 inches. So one square wah is actually 4 square yards. AMIRIGHT?

One wah=4sok; 1sok=50cm

[RickBradford]

1 sok = 2 kheup

[Seastallion]

"According to Mr Chakkrit Parapuntakul, ...... land prices going up 75-150% as compared to prices four years ago.

He said land price at Silom, particularly land close to the electric train route, rose to one million baht per square wah, from previous appraisal at 850,000 baht."

I wish people in charge of matters that require some calculations were proficient at basic maths.

850 000 rising to 1000 0000 is hardly 75 -150%

Did you mean rising to 1,000000?

Yes, of course...as per the quote.

Thanks.

[abrahamzvi]

"According to Mr Chakkrit Parapuntakul, ...... land prices going up 75-150% as compared to prices four years ago.

He said land price at Silom, particularly land close to the electric train route, rose to one million baht per square wah, from previous appraisal at 850,000 baht."

I wish people in charge of matters that require some calculations were proficient at basic maths.

850 000 rising to 1000 0000 is hardly 75 -150%

Seastallion, either intentionally, or you are not in a position to read properly, you omitted the words " in new economic zones and close to high speed train routes also doubled." If the former is correct, what you have done is evil misinformation. If you can't read or understand what you are reading, then be careful with your response!

[phantomfiddler]

Good to see they are still using the provincial measuring system. (One wah is equal to two Lah. One Lah is one Yard, which is 36 inches. So one square wah is actually 4 square yards. AMIRIGHT?

No, 1 talang wah equals 4 square metres

[anotheruser]

"According to Mr Chakkrit Parapuntakul, ...... land prices going up 75-150% as compared to prices four years ago.

He said land price at Silom, particularly land close to the electric train route, rose to one million baht per square wah, from previous appraisal at 850,000 baht."

I wish people in charge of matters that require some calculations were proficient at basic maths.

850 000 rising to 1000 0000 is hardly 75 -150%

Did you mean rising to 1,000000?

or 1,000,000 even?

[springheeled jack]

I don't understand why land should be expensive near railway lines I certainly wouldn't buy land anywhere near a railway line near the sea yes or near an area close to all amenities that would be understandable but not near a railway line.

[SiSePuede419]

I don't understand why land should be expensive near railway lines I certainly wouldn't buy land anywhere near a railway line near the sea yes or near an area close to all amenities that would be understandable but not near a railway line.

Right. Well, carry on.

555