Omkoi District, Chiang Mai...land 10 THB per square wah.

[bangmai]

Source, a well known English paper. That would be less than 300 usd per acre. Anyone been there?

[LivinLOS]

Even out there I would be amazed if titled land is available at that price.. If it is I wouldnt mind a bunch..

4k baht a rai ?? even 10x that would be cheap (but maybe in the remotest parts).

[bangmai]

that's according to the new 4 year land office values...they say 1 million per wah at Silom. BKK, and you might not be able to find any at that price, there, either. However, in tough fiscal times, they do like to crank up the land office values, close to fair market.

[sappersrest]

I was of the understanding that these are values set for taxation purposes and will remain at this level until 2019 when another valuation will take place.

[LivinLOS]

ahh yes.. Land values for tax.. you can still get land around chiang mai for multi 100 thb/wa iirc.. Good luck finding any of that also..

At least that was the kind of level ours was assessed at..

[bangmai]

I was of the understanding that these are values set for taxation purposes and will remain at this level until 2019 when another valuation will take place.

Correct, as the current 2012-2015 are ending. I recall them raising values from 5000 to 10000 at Banwangtan for the 2008 assessment. Yes, it's for tax purposes, but they are still suppose to be representative of fair market. 250,000 in downtown CNX. I saw a townhouse on the north side of the moat sell for 7 million, (quickly) on 35 TW...so some of these numbers may be pretty accurate. We'll start getting reports from the land offices next month as people may be in for surprises when they do a transfer.

Edited December 27, 2015 by bangmai

[Trujillo]

Omkoi? Isn't that the most impoverished area in all of Thailand?

What would you want land there for anyway? I hear there is a 7-Eleven there, that's about it. And nice views. Maybe you could take a vow of silence and move there as a hermit.

[bangmai]

lowest valued land in Thailand, according to the article. I was surprised to see it in CM, but that just tells you how big the province really is.

[LivinLOS]

Omkoi? Isn't that the most impoverished area in all of Thailand?

What would you want land there for anyway? I hear there is a 7-Eleven there, that's about it. And nice views. Maybe you could take a vow of silence and move there as a hermit.

Amazingly beautiful province.. Mountains, rivers, forests, trails galore.. If you like the outdoors adventure type things, its the best in Thailand IMO.

I could totally see having a log cabin and 4x4 / dirtbike to go down there with the dogs and just chill.. Fish, walk, write, think..

Then again I can often see the appeal of being a recluse..

[Just1Voice]

According to my wife - okay, not the most reliable of sources at times - plans are in the works to make 121 (Outer Ring Road) near our moo ban 4 lane next year. She's all excited about how that will jack of the price of our house. Told her not go get too excited, as we aren't selling.

[bangmai]

good roads/improvements do add desirability to suburbs, because they reduce commute times. A different story if you are adjacent to it.

[Saraphee]

Just1Voice, on 28 Dec 2015 - 16:33, said:

According to my wife - okay, not the most reliable of sources at times - plans are in the works to make 121 (Outer Ring Road) near our moo ban 4 lane next year. She's all excited about how that will jack of the price of our house. Told her not go get too excited, as we aren't selling.

If you're between the Hong Dong Road and the Lamphun Road I can assure that it's way past the planning stage, the earth movers are busy down there every day.

[Just1Voice]

Just1Voice, on 28 Dec 2015 - 16:33, said:

According to my wife - okay, not the most reliable of sources at times - plans are in the works to make 121 (Outer Ring Road) near our moo ban 4 lane next year. She's all excited about how that will jack of the price of our house. Told her not go get too excited, as we aren't selling.

If you're between the Hong Dong Road and the Lamphun Road I can assure that it's way past the planning stage, the earth movers are busy down there every day.

We're just north of 1006, and nothing happening out here yet.

[beerzy]

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