Connect with us

Real Estate

Silom most expensive piece of land in Thailand

Land prices on Ratchadamri (from Ratchaprasong Intersection to Khlong San Saeb), Rama I, and Ploenchit Roads will be appraised from around 400,000 baht to 800,000 baht per square wa.

Daniel Lorenzzo

Published

on

The Treasury Department has released a new list of land price appraisals, citing Silom as the most expensive area in Thailand. The new price appraisals will be effective from July 1st onwards. Deputy Finance Minister Wirun Techapaiboon said the ministry has told the Treasury Department to enforce the new price appraisals on July 1st this year until 2015. The new price was scheduled to be enforced in January this year, but was delayed by another six months due to the flood crisis in 2011.

Loading...

He said the ministry will no longer delay the enforcement of the new price appraisals given the situation in the nation has returned to normal now. Silom will remain the most expensive area in the kingdom, appraised at 850,000 baht per square wa, a 31% increase from the current price of 650,000 baht.

Land prices on Ratchadamri (from Ratchaprasong Intersection to Khlong San Saeb), Rama I, and Ploenchit Roads will be appraised from around 400,000 baht to 800,000 baht per square wa. Picture: Camilla Davidsson

The highest land price in the South will be in Hat Yai District of Songkhla, at 400,000 baht per square wa. In the North, the most expensive area will be Muang District of Chiangmai, which will go for 250,000 baht per square wa. Meanwhile, Muang District in Khon Kean Province will be worth 200,000 baht per square wa , the highest in the Northeast. The new appraisal list will cause housing transfer and registration fees to go up in accordance with the new appraised prices. Land in Silom most expensive in Thailand : National News Bureau of Thailand

Comments

Lifestyle

Bangkok falls 19 places to 49th most expensive location worldwide

Locations reliant on international tourism have seen their rental markets hit especially hard during the pandemic, resulting in some major drops in the rankings. Bangkok has fallen 19 places to 49th, while Hanoi saw a similar drop of 12 places to 81st.

Olivier Languepin

Published

on

The decline of Bangkok reflects the severe impact of the Covid-19 pandemic on the rental market in the tourism-reliant Thai economy, according to ECA’s latest survey.

Loading...
(more…)

Continue Reading

Property

Is There a Silver lining amid COVID-19?

Thinking of the future impact of this pandemic on office buildings, it may have already dawned on many of us that a majority of potential long-term trends and health measures will become permanent work-life features in the times to come.

Daniel Lorenzzo

Published

on

A direct result of COVID-19 containment measures is that organisations are taking a real-time look at the effects of prolonged off-site work and its relation to productivity.

Loading...
(more…)

Continue Reading

Property

The time is ripe to embrace Industry 4.0

Traditional brick-and-mortar retail has suffered tremendously, as countries have been implementing effective stay-at-home and social distancing policies to mitigate virus spread, while those worst hit have enacted strict draconian lockdowns

Daniel Lorenzzo

Published

on

We have entered a time where, seemingly, interconnectedness is the new enemy, staying in is the new going out, and antisocial is the new social. COVID-19 has brought us on the cusp of growing accustomed to new norms and sounded a wake-up call in terms of how we live.

Loading...
(more…)

Continue Reading

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 14,066 other subscribers

Latest

Trending