The Treasury Department’s new media

The Treasury Department’s new median prices of land throughout the country for 2016-17 will see land prices rising by an average of 15.78 percent in Bangkok and 27.88 percent for the rest of the country, said Mr Chakkrit Parapanthakul, director-general of Treasury Department, on Friday.

Land prices in Bangkok suburbs will increase by an average of 18.97 percent, 22.79 percent for land in the Central Plains, 37.31 percent in the North, 22.98 percent in the eastern region, 33.50 percent for the Northeast, 21.04 percent for the southern region and 39.59 percent for the western region.

The highest median prices are in Bangkok with land in Silom area from Saladaeng intersection to Narathiwatratchanagarind intersection rising 17.65 percent to one million baht per square wah (4 square meters) from 850,000 baht.

Land prices on Rajdamri road from Ratchaprasong intersection to Klong San Saeb, Rama I road from Pathumwan intersection to Ratchaprasong intersection and Ploenchit road increase 12.5 percent to 900,000 baht per square wah from 800,000 baht.

Land prices on Rajdamri road from Saladaeng to Ratchaprasong, Wireless road from Ploenchit to Rama IV and Sathorn road from Rama IV road to Surasak road increases 13.09 percent to 750,000 baht per square wah from 600,000-700,000 baht.

The highest upcountry land price is in Songkhla with 400,000 baht per square wah and the lowest land price is in Chiang Mai’s Om Koi district at 10 baht per square wah.