Central bangkok land prices soar 88% as real estate analysts say political unrest unlikely to impact

Land prices in Bangkok have increased 88% since 2007 and the trend is expected to continue even if the political unrest of the worst in almost 20 years that have left 21 dead and over 800 injured.

From the research firm Real Binswanger Brooker (Thailand) shows that the price for converting specific areas Ploenchit center of town past the violence of 2008 as developers, such as SIRI, Raimon Land and Central Group invested significantly for converted safety only. Future development and investment in the distribution of critical view of their business.

To protest in March this year the number of record of the events two high value placed belying air political current that has seen violence on the streets add to the opposition ‘red shirts’ in Parliament will be dissolved and the election of a new call. that

Company indicated that the purchase by SIRI’s conversion meters 3,200 square adjacent to residential diplomacy American Road Price: $ 36 million set new record for land prices in Thailand, confirmed that the site CBD will grow rapidly in value because of the lack of them.