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The yellow-pink electric train pushes the price of suburban land soaring!

The MRT Yellow Line - Pink Line pushes up suburban land prices! Srinakarin - Samrong, moving 140% per square wah, 6 hundred thousand baht per square wah Ladprao moves 60%, 8 hundred thousand baht per square wah, Nonthaburi, Ramintra, Minburi, Rung location

yellow line train route (Lat Phrao-Samrong) partially opened for 13 stations on June 3. the pink line (Khalai - Minburi), construction progress is almost 100%, expected to open for service in 2024. Both lines of the electric train are light rail routes. It's not a big electric train line that you're used to. The form of service will be a skytrain route that passes through Bangkok. Northern Outer City

The pink line will connect Nonthaburi, Bangkok, northern and eastern cities, while the yellow line will connect northern Bangkok. Eastern Bangkok With Samut Prakan, both of these light rail routes will serve as electric train routes that transport people from different areas. into the main electric train route like the green line electric train Blue Line and the Orange Line in the future, both of which share stations with the aforementioned electric train routes.

The MRT Yellow Line has connections to several BTS routes, such as the Blue Line at Lat Phrao Station. Orange Line at Lam Salee Station Airport Rail Link at Hua Mak Station and the green line at Samrong Station The Yellow Line is also an electric train route that passes through Bangkok's major roads, namely Lat Phrao and Srinakarin Roads. It can be said that almost 100% of the yellow line electric train route is on these 2 roads.

If the route connects the extension from Lat Phrao Station up along Ratchadapisek Road, there will be 2 more stations and connects to the Green Line at Ratchayothin Station. but have to wait Because it is not clear about these 2 stations, including Lam Salee Station, it may be a joint station with the Brown Line electric train. and Ladprao 83 station that may become a joint station with the Gray Line in the future There is also another possibility that if the Silver Line is built, it will share stations with the Yellow Line as well.

Because the yellow line train passes through the major roads of Bangkok, including Lat Phrao. and Srinakarin The area along Ladprao Road is an area that has been developed for more than 30 years, with almost no space left for developing real estate projects. Because the land along the route has been developed into commercial buildings or other real estate projects. until the area is full

To develop any real estate project in the area, it is necessary to purchase a house. Commercial buildings or buildings in the area to be developed The price of land in the area along Lat Phrao Road has been increasing continuously. Before 2017, the price of land along Lat Phrao Road was 150,000-500,000 baht per square wah, but nowadays, land prices are between 200,000-800,000 baht per square wah Up to a maximum of 60%, etc., and for areas along Srinakarin Road to Samrong Station, it is currently about 200,000 - 600,000 baht per square wah. up to 140% increase

The Pink Line is a route north of Bangkok. The line passes through Tiwanon Road, Chaeng Watthana and Ram Inthra, which is a route that has stations with other electric train lines as well. Nonthaburi Civic Center Station is also a station with the Purple Line electric train. Lak Si station is a station with the dark red line electric train. Wat Phra Si Mahathat Station is a station that connects to the Green Line Skytrain.

Min Buri Station is a common station with the Orange Line. And if the Gray Line train is developed, it will have a common station with the Pink Line at Watcharaphon Station. Which being a light rail route may not have a route that runs into the inner city. But it is a route that connects travel with other electric train routes. Facilitates the travel of people along the route. Reduce the use of personal cars

noticeable changes Land prices continue to increase. In the year 2018-2019 before the situation of COVID-19 Land prices in the area are 20-30% lower than current stations in Nonthaburi Province. Current is about 230,000-300,000 Baht per square, increased by about 13-20%. On Ram Inthra Road, land prices are currently in the range. 200,000-300,000 baht per square wah

Adjusted by more than 15-25%, Minburi market is currently at 200,000 baht per square wah. Because there is a train Entrepreneurs go to buy a lot of land. Causing the price of land to increase continuously which can be seen in the market along the route Especially in areas around stations that are joint stations or near shopping centers. or the original community

It is known as another eye-catching suburban location when 2 electric trains, the Yellow Line and the Pink Line. Open for full service!!









Source:https://www.thansettakij.com/real-estate/567435

Date 8/06/2023

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