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Land Price


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#1 johnyb

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Posted 2009-10-24 14:27:35

Hello,
i have a question about price of land.
i was looking for a piece of land in the area where i live (yasothon isaan)
a lady offer me a piece of her land  2 rei x 1/2 rei.she ask 130.000 baht ,the land has a intrance on the mainroad,surround by trees.
now its full with rice.

i like to now :is this a regular price or not.

thanks in advance  

johnyb

#2 Tanaka

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Posted 2009-10-25 11:28:56

View Postjohnyb, on 2009-10-24 08:27:35, said:

Hello,
i have a question about price of land.
i was looking for a piece of land in the area where i live (yasothon isaan)
a lady offer me a piece of her land 2 rei x 1/2 rei.she ask 130.000 baht ,the land has a intrance on the mainroad,surround by trees.
now its full with rice.

i like to now :is this a regular price or not.

thanks in advance

johnyb

What size are you talking a bout? Rai is a surface measurement, 1600 sq meters,  not a length. Prize is about location, also in Isaan. How close to the mainroad and how big is the road with how much traffic. How far to nearest village/town, facilities etc? Is there electric connection otherwise if far to electricity it might  be impossible or very  expensive. Good land can be found ffor 40.000-120.000 bt/rai. Rice land mayb e 10 to 20.000 bt/rai.bt

#3 johnyb

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Posted 2009-10-25 13:41:03

View PostTanaka, on 2009-10-24 18:28:56, said:

View Postjohnyb, on 2009-10-24 08:27:35, said:

Hello,
i have a question about price of land.
i was looking for a piece of land in the area where i live (yasothon isaan)
a lady offer me a piece of her land 2 rei x 1/2 rei.she ask 130.000 baht ,the land has a intrance on the mainroad,surround by trees.
now its full with rice.

i like to now :is this a regular price or not.

thanks in advance

johnyb

What size are you talking a bout? Rai is a surface measurement, 1600 sq meters, not a length. Prize is about location, also in Isaan. How close to the mainroad and how big is the road with how much traffic. How far to nearest village/town, facilities etc? Is there electric connection otherwise if far to electricity it might be impossible or very expensive. Good land can be found ffor 40.000-120.000 bt/rai. Rice land mayb e 10 to 20.000 bt/rai.bt

widh 45 mtr-lenght 160 mtr. aprox 7200 sq mtr
3 mtr from mainroad,local trafic,2 km from sai mun,18 km from yasothon,400 mtr from vilage,elctric no problem,water no problem.

#4 PoorSucker

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Posted 2009-10-25 13:49:30

What land title has the land?


29000/rai sound very good.

#5 RickBradford

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Posted 2009-11-06 21:31:53

Each 10,000Bt per rai translates into:  US$714 per acre or US$2857 per hectare.

(Going on 35Bt/$, as we speak is at 33.xy)

Multiply to meet your local rate.

#6 Tanaka

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Posted 2009-11-07 13:16:12

Like Poor Sucker said, 29.000/rai is a very good price if the land is ok, no risk of flooding and with water and electricity close by. Does the land have a chanot deed? I assume you know you cannot own the land yourself?



 


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