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Bangkok Post
Bangkok Post
Business

Land prices surge amid urban growth

Bangkok Vichai Viratkapan REIC

Infrastructure, including a new expressway, along with urbanisation driven by mass transit expansion and market competition pushed Bangkok land prices up by as much as 75% in recent years.

Saenphin Sukhee, chief executive of residential developer Frasers Property Home (Thailand), said land prices in Bangkok continued to grow despite the pandemic with an average increase of 70-75% during 2020-22.

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