The Treasury Department has announced an overview of new land prices that will increase from the country by an average of 8% in the Bangkok area. The price has increased by an average of 3%.
The highest land prices remained in the economically important CBD area (Core Central Business District) and areas near the electric train lines. But due to the relatively slow economic situation from the recent Covid situation The Treasury Department has considered to postpone the announcement of the new land appraisal price for another year. Therefore, in 2023, the land appraisal price for the year 2016-2019 is still used as before, although this price has not yet been officially used. But it is a price trend that may be applied in the future. Let’s see how much price adjustments will be made in each area in the future.
Top 5 highest land prices
1. Silom Road Land appraisal price 750,000 – 1,000,000 baht/square wa from the original appraisal price 700,000-1,000,000 baht/square wa 2. Ploenchit Road Land appraisal price 1,000,000 baht/square wa from the original appraisal price 900,000 baht/square wa 3. Wireless Road Land appraisal price 1,000,000 baht/square wa from the original appraisal price 500,000 – 750,000 baht/square wa 4. Rama 1 Road (in front of Siam Square to Ploenchit Road) Land appraisal price 1,000,000 baht/square wa from the original appraisal price 400,000 – 750,000 baht/ Square Wah 5. Rajdamri Road , land price 750,000 – 900,000 baht/square wa (price unchanged)
Top 5 places where land prices have increased the most
1. Wireless Road with a rate of 33% 2. Narathiwat Ratchanakarin Road with an increase rate of 25% 3. Sukhumvit Road with an increase of 15% 4. Rama I Road and Ploenchit Road have an increase of 11% 5. Silom Road and Sathorn Road have an increase of 7%
Bangkok land appraisal price divided by district
Phra Nakhon District, Dusit District, Pom Prap Sattru Phai District, Pathum Wan District, Bang Rak District, Samphanthawong District, Bang Kho Laem District, Sathorn District, and Yan Nawa District
neighborhood
New appraisal price / square wah
Ploenchit Road, Silom, Wittayu, Rama 1
1,000,000
Ratchadamri Road
900,000
Sathorn Road
800,000
Yaowarat Road
700,000
Charoenkrung Road
450,000
Rama 4 Road
400,00 – 500,000
Rama 3 Road
250,000
Phra Khanong District, Bangna District, Khlong Toei District, Watthana District
neighborhood
New appraisal price / square wah
Sukhumvit Road
750,000
Asoke Montri Road
600,000
Thonglor Road
500,000
Rama 4 Road
450,000 – 500,000
Ratchadaphisek Road
280,000 – 500,000
Bangna-Trad Road
140,000 – 200,000
Huai Khwang District, Phaya Thai District, Din Daeng District, Ratchathewi District
neighborhood
New appraisal price / square wah
Phayathai Road, Phahon Yothin
500,000
Ratchaprarop Road
300,000 – 500,000
Asoke-Din Daeng Road
300,000 – 450,000
Ratchadaphisek Road
450,000
Phetchaburi Road
220,000 – 400,000
Ratchawithi Road, Vibhavadi-Rangsit
300,000
Rama 9 Road
200,000 – 300,000
Lat Phrao Road
250,000
Prawet District, Suan Luang District
neighborhood
New appraisal price / square wah
Phetchaburi Road
300,000
On Nut Road
60,000 – 220,000
Phatthanakan Road
120,000 – 170,000
Srinakarin Road
140,000 – 200,000
Chatuchak District, Bang Sue District
neighborhood
New appraisal price / square wah
Ratchadaphisek Road
200,000 – 450,000
Phaholyothin Road, Ladprao
250,000 – 300,000
Vibhavadi Rangsit Road
150,000 – 300,000
Pracharat Sai 2 Road
150,000 – 270,000
Bangkok-Nonthaburi Road
230,000 – 250,000
Ngamwongwan Road
150,000 – 250,000
Pracharat Road Sai 1
150,000 – 240,000
Prachachuen Road
140,000 – 220,000
Wong Sawang Road
200,000
Prasert Manukit Road
150,000
Bangkok Noi District, Bang Phlat District, Taling Chan District, Thawi Watthana District
neighborhood
New appraisal price / square wah
Charansanitwong Road
200,000
Somdet Phra Pinklao Road
130,000 – 200,000
Borommaratchachonnani Road
50,000 – 200,000
Sirindhorn Road
150,000
Ratchaphruek Road
85,000
Kanchanaphisek Road
80,000
Phutthamonthon Sai 1 Road
40,000 – 50,000
Phutthamonthon Sai 3 Road
30,000 – 37,000
Nong Khaem District, Bang Khae District, Phasi Charoen District
neighborhood
New appraisal price / square wah
Petchkasem Road
200,000
Ratchaphruek Road
85,000
Kanchanaphisek Road
70,000 – 80,000
Kanlapaphruek Road
65,000
Phutthamonthon Sai 1 Road
50,000 – 60,000
Phutthamonthon Sai 2 Road
45,000 – 60,000
Phutthamonthon Sai 3 Road
37,000
Thonburi District, Bangkok Yai District, Khlong San District, Rat Burana District, Thung Khru District
Bang Khun Thian District, Bang Bon District, Chom Thong District
Somdej Phrachao Taksin Road
145,000
Suksawat Road
130,000
Rama 2 Road
54,000 – 100,000
Ekachai Road
50,000 – 90,000
Ratchaphruek Road
85,000
Chomthong Road, Wutthakat
80,000
Wutthakat Road
80,000
Kanchanaphisek Road
70,000
Kanlapaphruek Road
65,000
Bang Khen District, Sai Mai District
neighborhood
New appraisal price / square wah
Phaholyothin Road
130,000 – 250,000
Ramintra Road
170,000
Chaeng Watthana Road
150,000
Lat Pla Khao Road
100,000
Watcharaphon Road
50,000 – 80,000
Sukhaphiban 5 Road
60,000
silk road
50,000
Permsin Road
35,000 – 50,000
Bueng Kum District, Khan Na Yao District, Saphan Sung District
district _ _
New appraisal price / square wah
Pradit Manutham Road
130,000
Ramintra Road
125,000
Ramkhamhaeng Road
90,000 – 110,000
Nawamin Road
110,000
Prasert Manukit Road
50,000 – 100,000
Seri Thai Road
80,000 – 90,000
Lat Phrao District, Bang Khen District, some areas
neighborhood
New appraisal price / square wah
Ramintra Road
125,000 – 170,000
Pradit Manutham Road
130,000
Prasert Manukit Road
110,000
Watcharaphon Road
50,000 – 80,000
Minburi District, Khlong Sam Wa District
neighborhood
New appraisal price / square wah
Sihaburanukit Road
60,000 – 110,000
Ramintra Road
100,000
Ramkhamhaeng Road
52,000 – 90,000
Seri Thai Road
80,000
Suwinthawong Road
30,000 – 80,000
Romklao Road
35,000 – 52,000
Phraya Suren Road
20,000 – 48,000
Nimitmai Road
15,000 – 42,000
Lat Krabang District
neighborhood
New appraisal price / square wah
Ladkrabang Road
50,000 – 65,000
Chalong Krung Road
23,000 – 45,000
Romklao Road
35,000 – 42,000
Luang Phaeng Road
23,000 – 38,000
military road
30,000
Nong Chok
neighborhood
New appraisal price / square wah
Buri Phirom Road
15,000 – 35,000
Suwinthawong Road
30,000
Liap Waree Road
18,000 – 25,000
Connecting Road
12,000 – 25,000
Chalong Krung Road
25,000
Mitmaitri Road
16,000
However, the above information is only the appraisal price that has not yet been officially announced. If readers want to know the appraisal price that is still in use today (around the year 2016-2019) and will continue to be announced in 2023, more can follow through the Treasury Department . This land is only an assessment of land by road that has been prepared by the Treasury Department. which cannot be referenced with the selling price of each plot of land in each different area, therefore, the person who wants to know the appraisal price of the specific plot of land Must check with the Land Office. or the Treasury Office in the area where the land area is located