REIC Reports Explosive Land Price Growth in Phra Khanong-Bang Na-Suan Luang, Up 29.8%
Bangkok's Phra Khanong-Bang Na area saw vacant land prices surge 29.8% year-over-year in Q1 2025, leading growth across the capital and surrounding regions.
On April 30, REIC reported its Q1 2025 vacant land price index for Bangkok and surrounding areas, showing an increase of 1.4% year-over-year. The index reached 449.1 points, up 3.7% from the previous quarter's 443.0 points.
The top five locations with the highest land price growth rates year-over-year are:
1. Phra Khanong-Bang Na-Suan Luang-Prawet: 29.8% increase 2. Bang Kruai-Bang Yai-Bang Bua Thong-Sai Noi: 25.9% increase 3. Samut Sakhon: 19.4% increase 4. Inner Bangkok: 16.1% increase 5. Ratsada-Bang Khun Thian-Thung Khru-Bang Bon-Chom Thong: 10.8% increase
Regarding vacant land prices along mass transit routes in Q1 2025, the top five transit lines with the highest land price appreciation year-over-year are:
1. BTS Sukhumvit Line: Index of 593.8 points 2. MRT and Dark Red Line (Bang Sue-Hua Lamphong): Index of 756.2 and 744.5 points respectively 3. Purple Line (Bang Yai-Tao Poon): Index of 586.0 points 4. Green Line (Mochit-Saphan Mai-Khlong Kuet) and Dark Red Line (Bang Sue-Rangsit): Index of 667.4 and 657.1 points respectively 5. Orange Line (Cultural Center-Min Buri): Index of 571 points
