Tuesday, January 1, 2008

Phuket land prices skyrocket

The highest land price increase as a percentage for plots along a main road was 535%, for land on the Baan Don-Layan road in Cherng Talay. Prices for plots along that road rose from 2,000 baht per square wah (four square meters) to 12,700 baht, due to the large number of high-end developments in the area.

Land plots along Baan Layan-Baan Sakoo road in Sakoo also saw a dramatic price rise – an increase of 400% – from 2,000 baht to 10,000 baht per square wah, while land plots along Ton Sai Rd in Thepkrasattri rose 324%, from 2,500 baht to 10,600 baht per square wah.

Thailand Real Estate for Sale