Land prices: Siam Square hits most expensive value in Bangkok

[webfact]

Land prices: Siam Square hits most expensive value in Bangkok

 

Picture: Daily News

 

BANGKOK: -- An analysis of the cost of land in Bangkok and the surrounding areas indicates that land in Siam Square is now the most expensive.

 

Realtor Sophon Pornchokchai said that the value of a square wah (four square meters) of land in Siam Square was now 2.13 million baht up from two million last year, reported Daily News.

 

The reason for the value being so high is the area's central location and proximity to transport links such as the sky train intersections, said Sophon.

 

Coming in second to fifth were:

 

Chitlom 2 million

Upper Sukhumvit 2 million

Asoke 1.8 million and

Silom 1,7 million baht.

 

The cheapest land within the boundary of the survey is available at Klong 13 kilometer 5 where a square wah will set you back 2,300 baht and a whole rai of land can be purchased for 920,000 baht.

 

The current values refer to this year.

 

Source: Daily News

 

-- © Copyright Thai Visa News 2017-05-17

[Sydebolle]

Lets all move to Kilometer 13 of Klong 5 then ..........