Bangkok Land Prices Defy Economic Headwinds
Despite a general slowdown in Thailand’s economy, land values in Bangkok continue their steady ascent, particularly within the Central Business District (CBD), according to a report by Colliers International (Thailand).• The 2025 research indicates that prime land parcels across the city are still commanding all-time high prices.• Most property owners are holding firm on their assets and refusing to sell, even in the face of sluggish economic conditions.• With strong ongoing demand from both large-scale developers and individual investors, there is currently no indication of a decrease in prices.• The cumulative worth of land and property deals over the first seven months of 2025 totaled ฿403.9 billion—a significant drop of 41.4% year-over-year, marking the lowest figure in 16 years.• However, this decline primarily reflects investor caution due to domestic and global uncertainty, rather than a fundamental erosion of asset value. Bangkok’s 10 Priciest Land Locations (2025)The most expensive areas in Bangkok, with their approximate price per square wah (1 sq.wah = 4 sq.m), are:1. Wireless Road at ฿4,000,0002. Chidlom at ฿3,200,0003. Ploenchit at ฿3,000,0004. Silom at ฿2,700,0005. Sukhumvit-Thonglor at ฿2,600,0006. Sathorn at ฿2,500,0007. Sukhumvit-Asoke at ฿2,550,0008. Yaowarat at ฿1,900,0009. Phaya Thai at ฿1,800,00010. Sukhumvit-Ekkamai at ฿1,800,000Phattarachai Taweewong, the research director at Colliers Thailand, highlighted that districts like Lang Suan, Silom, Sathorn, and Sukhumvit remain the city’s most desirable and costly. Given the historical trend that property values in Thailand rarely decline after an increase, CBD land prices are projected to continue their upward trajectory through 2026, solidifying Bangkok’s position as a premier investment hub in Southeast Asia. Ref:Nation Thailand
