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some idea of price rice land/build land around Udon Thani?

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some idea of price rice land/build land around Udon Thani?

Postby thalenoi » June 27, 2009, 3:48 pm

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.
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Re: some idea of price rice land/build land around Udon Thani?

Postby Farang1 » June 27, 2009, 4:12 pm

We paid 250k for our 1 rai of Thailand 2 years ago. It is about 4 or 5 km east of UTH on paved road. There is another 2+ rai behind us that was offered to us for 500k. All rice land.
Didn't have the money. :crying:
It is still for sale, I think.
Most other 1 rai rice land sections we looked at were 300K or more, back then.
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Re: some idea of price rice land/build land around Udon Thani?

Postby AussieBoy » June 27, 2009, 4:19 pm

B180,000 1/2 rai =800mt2 Google earth 17°21'18.86"N 102°46'24.75"E on ring road 10k from udon, on hill no need to fill land, power to soi no town water / sewage. several blocke for sale with in 200mt same owner all about the same price
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Re: some idea of price rice land/build land around Udon Thani?

Postby Stantheman » June 27, 2009, 11:24 pm

Very good price aussieboy, the land behind where I live, google earth 17°23'19.74"N 102°47'33.45"E , is going for about B425,000 for approx 1/4 Rai. Has "city" water and new roads (cement) put in about 8 months ago.
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Re: some idea of price rice land/build land around Udon Thani?

Postby laphanphon » June 28, 2009, 1:21 am

is it me, or do all these prices, especially for rice land seem extremely high. cost of back fill will be same as original price for a rai or two.

get 5 kms past ring rd and if not near lake or something special, nothing should cost over 200 k, and not rice land needing back fill. just my opinion. i bought, ok, 8 yrs ago, 128 k, and that was a rip, guessing real price was 75 k, as another parcel was given, well almost, as they sold it again, but sold to family temporarily for 50 k, so i think i bought both. no back fill needed, on road, no extras needed. i wouldn't buy rice land for more than 50 k a rai anywhere, as that is the standard thai price, needing back fill will almost quadruple that price. 8)
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Re: some idea of price rice land/build land around Udon Thani?

Postby jetdoc » June 28, 2009, 9:28 am

Got to agree LA, maybe folks don't do their homework or just don't want to be bothered with shopping around. Others are saying prices are going up but my wife is bombarded with offers to buy land at a discount because folks are in hard times. Here in Khan Kaha folks are moving out and the development just offered a 8% discount.
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Re: some idea of price rice land/build land around Udon Thani?

Postby Marmite The Dog » June 28, 2009, 10:13 am

I was recently offered over half a rai for 50k. It's next a lake so has water all year round. It's about 15 kms from the ring-road.

I agree with Lappy that most foreigners appear to enjoy getting ripped off on land prices round here, just as they do with buying houses in town.
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Re: some idea of price rice land/build land around Udon Thani?

Postby saint » June 28, 2009, 2:02 pm

i dont know how anyone can value a piece of land without physicaly seeing it !!!! all you can go on is a very rough guide figure , and it is very rough . there are several factors to be taken into account when pricing land over here . but one thing is a certainty , the nearer to the city you are , the higher the price will be . but even then these factors still apply .
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Re: some idea of price rice land/build land around Udon Thani?

Postby Farang1 » June 28, 2009, 2:16 pm

I agree with Lappy that most foreigners appear to enjoy getting ripped off on land prices round here, just as they do with buying houses in town.


Well, it could be that the newbies (like myself) come over here and think that $7000 for a rai (.4 acre) isn't such a bad deal after paying $10-15,000 for a 8000sqft building lot back in the States.

Looking around after we bought ours and seeing prices lower elsewhere, I cringe a little. But as said, there are other factors involved. My wife didn't want to be to far out of town and away from her parents who live in UTH. When momma's happy....and all that.
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Re: some idea of price rice land/build land around Udon Thani?

Postby laphanphon » June 28, 2009, 2:24 pm

location location location, as i used to have a real estate license back in states, one of my many 'jack of all trades', master of one, ok, two.

it's a very personal choice, and as pointed out, things seem so cheap when 1st arriving, though i know i overpaid, as i actually expected cheaper. but rice land that needs backfilling, it better be really special.

also for newbies, if you don't have chanot, a major one, you don't own anything. the rest.........if it's not on a road, that already has utility poles and electric, plan on being scammed for a bit more baht. well water with a tank raised, so when electric goes out, you still can shower. now we have the makings of a home.

rent rent rent................be patient................look around...............take your time..........it's worth the extra effort. trust us...........we've been there. :guiness:
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Re: some idea of price rice land/build land around Udon Thani?

Postby eagle » September 14, 2009, 11:37 pm

Land office has public yellow books where you can find prices for land in all Udon area. Price is of course copied from official prices reported to land office. Price in this photocopy is first per talang wah and then per rai. I have found several rice farms around 50000 thb/rai (overpriced) and land suitable for farming around 20000 thb/rai. In fact I am waiting one 14 rai area to come down a little bit before buying. Now the price is 280 000 thb for whole area. With chanote of course. That 3000 thb/talang wah area is filled and ready to build, located near small village and that makes price higher, but I would not pay that high price there.

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Re: some idea of price rice land/build land around Udon Thani?

Postby Ray.Charles » September 15, 2009, 5:32 am

Please keep us posted.
I too would be looking for some land near the village Chiang Phang which is a couple of Km further out from the village Nak Wang which is about 10Km from the Ring Road through Nong Sang Rong.
I am in the States now, not sure about any of the spellings or the distances. I do remember though that from the Ring Road, it takes about 20 minutes by car to the village.
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Re: some idea of price rice land/build land around Udon Thani?

Postby aussiecol » September 17, 2009, 2:23 pm

I bought 7 rai raised land on concrete rd with all utilites at hand in Nong Sai about 10 km from cbd for 900k, thought that was a good price at the time, then bought another 7.3 rai 600 meters away on dirt rd with no utilities but gorgeous block on river for 750k, in my eyes a even better buy.Keeping in mind for me to buy 500 sqm of dirt bowl 25 kms outside Melbourne Australia is about the 7 milllion baht range i think to pay 200k, 500k, 1 mill or more for a piece of paradise as long as you love it, then it's worth it. I don't listen to other peoples opinions about how much i should pay for a perticular block. My mate bought 21 rai not more than 2kms from me for a cool 1 mill.( all raised land). Go a five minute drive up the road close to the home mart centre and they are asking up to 5 mill a rai. At the end of the day i think land in thailand is only worth what YOU are willing to pay and how desperate the current owner is for cash. It really is worth takeing your time. Go out to the local villages ask around, make it known you are looking for a block and offers will start popping up,probably left right and centre. just don't pay the first price they ask for. Also just a little piece of friendly advise for those who don't know, when you do come to purchase a block and you do the transfer of ownership at the land office be shaw to add your name to the title this means your partner cannot sneekilly seel it while you are away, it must be counter signed to do anything with it. (just to be safe). ;)
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Re: some idea of price rice land/build land around Udon Thani?

Postby aussiecol » September 17, 2009, 2:50 pm

I would also like to add, don't be discouraged by rice land. If you have a rai or so, a large pond in the rear garden can be a beautiful feature to add. A macro (excavator) will cost you in the vacinity of 1200 to 1500 bht an hour, sounds alot but an experienced operator can do alot in an hour. Lets say you put in a pond about 20 by 15 meters and 3 to 4 meters deep, not only will that give you a future water supply for your garden but it will give you alot of back fill to top up the front part of your land. All this would take them about a day and a half (about 12 to 15 hours) you will also need to hire a dump truck and tracktor to move it all around, this lot should come in under under 35,ooo bht then you just top up with hin where you want to put your house. The whole process should not cost you more than the 50 to 60 k mark. I know, iv'e done it. Then you have a beautiful block of land with a decent water supply (for the garden only of coarse) and a nice raised area for a house in case of local flooding.You just need to allow a period of time for it to settle.
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Re: some idea of price rice land/build land around Udon Thani?

Postby eagle » September 17, 2009, 10:44 pm

This is the land I am now targeting. It is 14 rai and has this water "pond" and also smaller at the other end. There is river connected throug a gate to this pond. So water level is quite easy to adjust. I believe that partly fish and partly rice and some other plants would be an ideal combination for this. Owner believes that he can get 20 000 thb/rai, but let's see. I am willing to pay less than 15 thb. Paved road is less than 100 meter from land border and there is a dirty road to the place where a small house could be build. It is a little bit far away, about 20-25 minutes from Tesco.

Other, ready, rice plantations are next to river and other has a river cutting area to two pieces. The main criteria for me has always been river or lake connected to land. I know that it is easy to dig a pond (my main building land has a natural 1 sq.km lake and still I made 650 sq.m pond close to place where I am going to build our main building.

The price for land can be anything. I have almost 6 rai growing eucalyptus about 30 km from Udon and that land costed less than 20 000 thb. Chanot will be ready in some years, but land is already ours. There is no water and place is not good for rice farming.

These are just as reference which kind of land you can find and what price it can be. I have someone looking land for me all the time and I can get price updates very often. In fact he bought 5 rais for himself couple of weeks ago (10 000 thb/rai 15 km from BigC) -ok, one can not always win. 8)

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