Where is Thailand’s most expensive land?
That’s a question that’s often asked, and the answer has always been a matter of debate.
The answer depends on many factors, however a recent land price survey from Thailand’s Treasury Department has discovered that the title of the most expensive plot of land in Thailand belongs to Silom in central Bangkok.
In Silom, the survey said a 4 sqm space will set you back about THB 1 million.
That’s, of course, assuming you can find space for sale in Silom.
In contrast, the cheapest land in Bangkok province, according to the survey, is priced at a mere THB 500 for 4 sqm and can be found in suburban Bangkhuntian, off Rama 2 on the way down to the Gulf of Thailand.
Outside Bangkok, and perhaps an eye-opener for some, the most expensive land price was noted to be in the Hat Yai district of the southern province of Songkhla, where the same 4 sqm space will cost THB 400,000 – just under half of that in the capital.
I think most people would have imagined Phuket, Koh Samui and Pattaya may have recorded higher land prices.
The accolade of the cheapest land price anywhere in Thailand, according to the survey, belongs to the Koak Charoen district of Lopburi province where the 4 sqm plot of land costs as low as THB 20 for a 4 sqm plot.
Let’s all move to Lopburi.