Increasing land prices along new electric train lines!

Increasing land prices along new electric train lines!

The Real Estate Information Center of Thailand published a report on the price index for vacant development plots of land in Bangkok and surrounding areas for the first quarter of 2022. It has been revealed that the top-5 railway routes with the highest pace of growth in land prices are mainly lands with planned construction projects.

  1. Light red line (Taling Chan — Salaya), construction will start soon. The land prices grew by 8.5% in comparison with the same period last year.
  2. Purple Line (Khao Yai — Min Buri section), the off-plan project. 90.7% of it is completed. Land prices rose by 8.2%.
  3. Purple Line (Bang Yai — Tao Pun segment), the segment has been launched since 2016. An increase in land prices is 6.7% compared to the same period last year.
  4. Blue Line (Bang Khae — Phutthamonthon Sai 4) is a future project. Prices rose by 6.3%.
  5. Green Line (Samut Prakan — Bang Pu), construction will start soon. Land prices rose by 5.8% in comparison with the same period last year.
Share
Subscribe to newsletter
Subscribe