Properties Prices Up As BTS/MRT Drive Buyers To City Outskirts
Prices for property in Bangkok, Nonthaburi and Samut Prakan generally increased by 5.6% between 2012 and 2013. Also, Bangkok condos along BTS extension line in Bang Na and MRT Purple Line have witnessed the highest rise.
In fact, while Bangkok property prices rose up by 5.5%, condos around Nonthaburi and Samut Prakan enjoyed a huge increase of 8%., according to Samma Kitsin, director-general of the Real Estate Information Center (REIC).
More precisely, districts where Bangkok condos substantially increased include Chatuchak, Huai Khwang, Phra Khanong, Bang Na, Klong San, Thon Buri, Prawet and Bang Khen.
Regarding townhouses and single houses, Bangkok real estate price index strongly rose by 6.9% and 6.1% respectively.