There has been an increase in the level of development being undertaken along the route of the MRT purple line, a new rail link that is currently under construction in Bangkok, along with five other routes.
This is according to research conducted by CBRE Thailand, which revealed the MRT purple line is proving the most popular among property developers, largely due to the availability of land along its path.
So far in 2012, seven new condominium projects have been launched along the MRT purple line, in addition to eight low-rise housing schemes.
James Pitchon, executive director and head of CBRE research and consulting in the Thai division, stated developments around proposed transport links will be a growing theme in the Bangkok real estate market going forward.
“In the future, we strongly believe that developers will build more projects along both under construction mass transit routes and the new planned routes,” he asserted.
Earlier this year, CBRE Thailand predicted there will be a trend towards people living in the suburbs near train stations that provide them with access to central Bangkok, rather than staying in the middle of the city.
This will especially be the case as the cost of buying Thai property in the capital is expected to climb, due in part to higher land values and development expenses.Article by +Peter Mindenhall on behalf of Propertyshowrooms.com
ที่มา : propertyshowrooms.com
อ่านเพิ่มเติมได้ที่…Development along new Bangkok transit line gathers pace