A prominent family is selling a large 48-rai inherited land plot near Chaeng Watthana BTS station (pink line) for approximately 6.7 billion baht, priced at 350,000 baht/sq.m—slightly above market. The sale reflects broader market weakness: property developers are liquidating land assets to preserve cash amid slow economic conditions and rising property taxes, with buyers gaining negotiating power. Chaeng Watthana is emerging as a development hotspot (3–7% annual price growth) following the 2024 BTS pink line opening and presence of Central World and government offices, with current land prices ranging from 60,000–380,000 baht/sq.m depending on proximity to transit.
← Back to all articles