Siam Sq, Ploenchit land most costly

Published: 13 Dec 2012 at 16.50
Online news:

The highest land prices in Bangkok are in the Siam Square-Ploenchit area at a record 1.5 million baht per square wah (per four square metres), or 600 million baht a rai, and overall land prices in Bangkok have rise by 3.7% in the past year, according to a survey by Agency for Real Estate Affairs (AREA).

Prices in these two areas rose from 1.4 million baht per square wah in December last year (1 rai = 1,600 sq m and 1 rai = 400 sq wah).

The Witthayu Road-Sukhumvit Soi 1-21 area is the second most pricey, at 1.3 million baht per sq w, or 520 million baht/rai and the Silom - Ratchadamri area is third at 1.25 million baht a sq w, or 500 million baht/rai.

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bonzo
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Discussion 3 : 13 Dec 2012 at 21.233
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What a shame the Siam Square area had that fire a couple of years back. All those small, low-rent shophouses (and one classic cinema) gone, gone, gone. I guess they’ll have to build something new there.
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upena
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Discussion 2 : 13 Dec 2012 at 19.212
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How can they afford the prices when no one buys anything in the stores?
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jacksprat
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Discussion 1 : 13 Dec 2012 at 18.451
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So the highest land values are in the parts of the city that it is almost impossible to drive to.
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Siam Sq, Ploenchit land most costly | Bangkok Post: business