Any one know price of rice land and build land outside Udon town, say max 10kms out?
What about 40kms out? Same or lower?
I live 40kms East of Udon on a black top road 1km from main road Udon-Sakhon and village.
Paid 250K for 1 rai in 2003/2004.
Price for land to build away from black top road was 120K/rai
Seems many small lots were sold close to our place at 300K/rai
Rice land 1 km away from black top was around 20-25k /rai.
Last year 50 rai of rice land got sold for 800K, sh@it, a good deal we missed, found out when deal was done.
A farmer cut a field borderline with village in building lots and asks 800k/rai!!!!
A woman came to ask us if we wanted to buy 9 rai of rice land 1 km from black top for 420K baht!!
That's a whopping 46.666B/rai! We declined and a few days later the land was sold at asking price.
Today we are offered 500K for 1 rai build land in the village, question: worth the investment, better than money in the bank? seems someone else is asking 500k for 12 rai of rice land, again 1km off black top road but near wife's parents land, would mean 41.666 per rai, wow, we are undecided.









