(Post Today file photo)Freehold land prices continue to rise for prime sites in central Bangkok. Freehold land prices continue to rise for prime sites in central Bangkok. Developers of income-producing properties are now starting to acquire leasehold sites. Origin Property leased a 3.5-rai site on Sukhumvit Soi 24 for 1.08 billion baht or 750,000 baht per square wah. Ananda Development announced a strategic partnership with Ascott to build four serviced apartments on leasehold sites in Ratchadaphisek, Sathorn, Sukhumvit Soi 8 and Sukhumvit Soi 55 (Thong Lor).

Source: Bangkok Post June 13, 2018 04:52 UTC