The Treasury Department has found overall land prices in Thailand have increased 21.34 per cent over the last four years. Average land prices in Bangkok has risen 17.13 per cent from 2008-2011, while those upcountry have risen 21.40 per cent.
The most expensive land in Bangkok is located in Silom between Sala Daeng and the Narathiwat intersection, priced at THB850,000 (US$26,758) per sqaure wah (four sqaure metres), up 43 per cent between 2008-2011.
Land around Rajprasong intersection is also very dear at THB800,000 per square wah, up from THB430,000, according to The Nation.
Outside Bangkok, Songkhla’s Hat Yai district is the most expensive with land priced at THB400,000 per square wah.
Land in the heart of Chiang Mai is also priced very high, at THB250,000 per square wah. Downtown Khon Kaen ranked the most expensive in the Northeast at THB200,000 per square wah.
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