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Bangkok Post
Bangkok Post
Business

Bangkok land price index surges in Q1

A bird's eye view shows a train making its way along the BTS Green Line from Bearing to Samut Prakan, with high-rise condo projects alongside the railway line and the Bangkok skyline in the background. (Photo: Wichan Charoenkiatpakul)

The land price index in Greater Bangkok rose in the first quarter of 2023 with a double-digit increase, driven by land price hikes on the outskirts of the capital.

Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), said the rise in land prices on the outskirts of Bangkok was higher than those in inner city locations.

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