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While Bangkok land costs are hardly on a tear, they proceed to rise even amid the economic uncertainty brought about by the Covid-19 pandemic. Figures from the Real Estate Information Centre, known as REIC, present a quarterly rise of zero.5%, and a yearly rise of 7.6%, in the land price index in Greater Bangkok in the third quarter. As reported by the Bangkok Post, performing Director-General Vichai Viratkapan has pointed to landlords opting to carry plots while waiting for an economic restoration as a important component within the comparatively sluggish index progress.Viratkapan noted that, while costs continued rising regardless of the economic slowdown, “the progress price was lower than the five-year common for three consecutive quarters or for the rationale that first quarter of 2021 due to the economic fallout”. By means of comparability, the five-year quarterly common for the period 2015-19 was 4.1%. https://solarcellexperts.com/ , together with areas in proximity to extension lines, in particular the Nong Khaem and Bang Khae districts, accounted for the majority of the index development. Viratkapan mentioned that the worth rise “was pushed by those alongside the Blue Line’s Hua Lamphong to Bang Khae section which started operation in September 2019”.<img width="493" src="">Meanwhile, the Orange Line from Taling Chan to the Thailand Cultural Centre accounted for the second largest enhance in growth, with land costs within the Bangkok Yai, Bangkok Noi, Khlong San and Phra Nakhon districts going via the roof.As reported by the Bangkok Post, REIC screens the prices of undeveloped land in the Bangkok, Nonthaburi, Pathum Thani, Samut Prakan, Samut Sakhon and Nakhon Pathom provinces, utilizing 2012 as its base yr. In producing the survey, it solely refers to vacant land sized from 200 sq. wah..