{"id":28791,"date":"2016-10-06T15:03:13","date_gmt":"2016-10-06T08:03:13","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/bangkok-real-estate-is-on-the-right-track-with-new-rapid-transit-line\/"},"modified":"2016-10-06T15:11:00","modified_gmt":"2016-10-06T08:11:00","slug":"bangkok-real-estate-is-on-the-right-track-with-new-rapid-transit-line","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bangkok-real-estate-is-on-the-right-track-with-new-rapid-transit-line\/","title":{"rendered":"Bangkok real estate is on the right track with new rapid transit line"},"content":{"rendered":"


\nThousands of units to emerge along future Orange Line
\nDusk over Rama IX bridge in Bangkok. 24Novembers \/ Shutterstock.com
\nA new growth area is shaping up in Bangkok as the Thai government prepares to receive bidders for a new rapid transit line next year.
\nBid materials are due this month for the Orange Line, a new mass transit route linking the Thailand Cultural Centre and Min Buri, reported Bangkok Post. The line, stretching for 39 kilometres over 30 stations, covers Rama IX Road, an increasingly busy area in the Thai capital.
\nResidential supply in the area has blossomed in anticipation, with 2,080 units launched in the third quarter of 2016 alone, Bangkok Post reported. \u201cThe Rama IX area is booming after the introduction of new office supply over the past several years,\u201d All Inspire Development Co chief executive Thanakorn Thanawarith told the Post.
\nMore: Land prices to rise with Bangkok\u2019s new mass transit lines
\nUnits with a price range below THB2 million (USD57,000) will be especially in demand, since more than half of workers in the Rama IX area have monthly wages of up to THB45,000 (USD1,300), he reported.
\n\u201cRama IX is a thriving location with office spaces, retail areas and residential projects,\u201d Tritecha Tangmatitham, managing director of developer Supalai Plc, told the Post. \u201cThe Orange Line will drive dramatic changes in the area,\u201d although available land plots for new developments are limited.
\nThe Thai government plans to open a new mass transit route every year until 2020 and is studying the feasibility of 10 more in the Greater Bangkok area.
\nRead next: Properties near Bangkok infrastructure projects face levy
\n
\nSource : property-report.com
\nRead more…Bangkok real estate is on the right track with new rapid transit line<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Thousands of units to emerge along future Orange Line Dusk over Rama IX bridge in...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-28791","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-7un","jetpack-related-posts":[{"id":132600,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bangkok-condo-developers-forge-ahead-with-launches\/","url_meta":{"origin":28791,"position":0},"title":"Bangkok condo developers forge ahead with launches","date":"March 19, 2019","format":false,"excerpt":"\r Bangkok condo developers are moving forward with launches in key locations this year despite expectations of a slump in the market, according to Colliers Thailand via Bangkok Post. New supply is set to come online in the neighbourhoods of Thong Lor, Ramkhamhaeng, Charoen Nakhon, Sam Yan and Talat Phlu,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25353,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/properties-near-bangkok-infrastructure-projects-face-levy\/","url_meta":{"origin":28791,"position":1},"title":"Properties near Bangkok infrastructure projects face levy","date":"September 7, 2016","format":false,"excerpt":"\r Appreciating land values near key projects may mean much-needed income for the Thai government Bridge under construction over the Chao Phraya River in Bangkok, Thailand. travellight \/ Shutterstock Real estate developers will not be the only ones benefiting from the establishment of rapid transit lines across Bangkok in the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14908,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/thai-paper-giant-to-enter-luxury-property-market\/","url_meta":{"origin":28791,"position":2},"title":"Thai paper giant to enter luxury property market","date":"May 31, 2016","format":false,"excerpt":"\r An outside-the-box company has decided to enter Bangkok\u2019s resilient luxury condominium market Craft Ploenchit Craft paper maker Panjapol Fibre Container has announced plans to launch a high-end condominium project in Phloenchit worth THB1 billion (USD27.99 million), to be undertaken by its real estate arm\u00a0Panjapol Property, a\u00a0company founded in 2014\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108821,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bangkok-offices-sector-poised-to-shine-with-new-supply-boosting-quantity-as-well-as-quality-of-spaces\/","url_meta":{"origin":28791,"position":3},"title":"Bangkok offices sector poised to shine, with new supply boosting quantity as well as quality of spaces","date":"July 9, 2019","format":false,"excerpt":"\r The buzz in Bangkok is palpable these days. Richard Allan Aquino, who moved to the Thai capital in 2014 from the Philippines, can feel it during his commute to work.\r\r\u201cI see new developments taking place. Buildings are being constructed \u2026 more expats are working here in Bangkok,\u201d Aquino said.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22059,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/land-prices-to-rise-with-bangkoks-new-mass-transit-lines\/","url_meta":{"origin":28791,"position":4},"title":"Land prices to rise with Bangkok\u2019s new mass transit lines","date":"August 5, 2016","format":false,"excerpt":"\r New mass transit lines will spread the wealth in Bangkok A Bangkok BTS station at sunset. Image credit: Karl Baron (Flickr) Bangkok will open the new Purple Line tomorrow from Bang Yai to Tao Pun, in the first of the mass transit lines planned to be opened every year\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":593,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/thailands-priciest-land-is-officially-located-in\/","url_meta":{"origin":28791,"position":5},"title":"Thailand\u2019s priciest land is officially located in\u2026","date":"December 30, 2015","format":false,"excerpt":"\r Hint: It\u2019s certainly not in the Omkoi district of Chiang Mai Thailand\u2019s treasury department has revealed the results\u00a0of its land price appraisal for 2016-2019, finding that property on the Silom Road in central Bangkok boasts the highest prices in the country, reports the\u00a0Bangkok Post. Since their last report in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2015\/12\/silom-most-expensive-land-thailand-800x410.jpg?fit=800%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/28791"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=28791"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/28791\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=28791"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=28791"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=28791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}