A sharp rise in the land price in Rama 4

A sharp rise in the land price in Rama 4

Bangkok's Rama 4 area is very promising for office and residential development. In 2010, the land was worth 45 000 – 93 000 baht/m2. Now the price is from 350,000 baht/m2, which is a high price by Bangkok standards.

The significant growth rate is due to the fact that the land is located in the very center of the city and is a place with high potential. The district can connect such business districts as Sathorn, Lumphini and Sukhumvit, which are the economic centers of Bangkok.

In addition, there are also large parks and green areas in Rama 4 area, such as Benjakiti Park, Lumphini Park, which in the future will be connected by a Sky Walk overground.

Underground lines have been laid in the Area. And in the future, various mixed-use projects will be developed, including residential buildings, shopping malls and office buildings.

Rama 4 area is a popular location for the construction of many new office buildings. There are also several new residential projects. Experts believe that this area is extremely promising from the point of view of investment.

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