Bangkok land prices increase
Industrial demand pushes up values
The land price index in Greater Bangkok rose in the third quarter of 2025 despite a sluggish economy, driven by strong demand for industrial and logistics property in eastern areas.
According to the Real Estate Information Center (REIC), the Bang Phli–Bang Bo–Bang Sao Thong area in Samut Prakan led the growth, with a 44% increase year-on-year in the land price index.
This zone continued to expand as a major industrial and logistics hub, supported by ongoing infrastructure development, proximity to the airport, and convenient connections to both inner Bangkok and the Eastern Economic Corridor (EEC).
Nearby areas such as Bang Poo and Bearing also recorded the largest increases among locations along mass transit routes in Greater Bangkok.
Two Green Line extensions, Samut Prakan–Bang Pu and Bearing–Samut Prakan, recorded land price indices of 338.6 and 333.7 points, respectively, rising 26.1% year-on-year.
REIC reported that the overall index for vacant land in Greater Bangkok in the third quarter of 2025 stood at 447.2 points, up 7.7% from the previous quarter and 14.3% year-on-year, marking the first double-digit increase in 10 quarters since early 2023.
The Bang Kruai–Bang Yai–Bang Bua Thong–Sai Noi area in Nonthaburi ranked second with a 26.4% annual rise.
Muang Samut Prakan–Phra Pradaeng–Phra Samut Chedi followed with 26.1%, while Muang Nonthaburi–Pak Kret rose by 22.8%, and Lat Phrao–Bang Kapi–Wang Thonglang–Bueng Kum–Saphan Sung–Khan Na Yao grew by 21.4%.
REIC said the surge in land values across these top areas reflects urban expansion into the metropolitan outskirts, particularly Samut Prakan, where a new city plan took effect on Aug 22, 2025.
The revised plan eases land-use restrictions and reclassifies zoning to allow denser residential and commercial development, significantly enhancing the province’s development potential and land value.
Meanwhile, suburban areas in Bangkok and its vicinity, where land prices remain far lower than in the city’s inner zones, continue to attract low-rise housing suited to local purchasing power.
This sustained demand for affordable housing land has resulted in faster price growth in the outer zones than in central Bangkok.
For vacant land along mass transit routes, REIC found that in the third quarter of 2025, the five routes with the highest year-on-year growth were mainly those with existing or upcoming train operations.
Following the two Green Line extensions in Samut Prakan was the Pink Line between Khae Rai and Min Buri, which saw land prices rise 20.7% year-on-year. This area, which includes Bueng Kum, Muang Nonthaburi and Lak Si, for example, recorded the sharpest increases.
The Purple Line from Bang Yai to Tao Poon ranked third with 19.6% growth, followed by the Brown Line (Khae Rai–Lam Sali) and the Yellow Line (Lat Phrao–Samrong), each with 19.2% growth.
In joint fifth place was the MRT Blue Line and the Dark Red Line (Bang Sue–Hua Lamphong), both up 18.5% year-on-year.
Source: https://www.bangkokpost.com/property/3134808/bangkok-land-prices-increase
