On November 6, reports highlighted rising land prices along Ramkhamhaeng Road, where the Orange Line metro’s eastern segment (Cultural Center–Min Buri) construction is complete, with service expected by late 2027 or early 2028. Landowners are increasingly listing properties for sale, with prices ranging from 220,000 to over 300,000 THB per square wah (approximately 100 million THB per rai). Notably, one plot of over 45 rai near Lam Sali Station—a major interchange with the Yellow Line—is listed at 350,000 THB per square wah, totaling more than 6.39 billion THB (140 million THB per rai).
Patrachai Taweewong, Director of Research and Communications at Colliers International Thailand, noted that the Orange Line's upcoming operation will boost real estate demand along the route, particularly near key transit hubs like Lam Sali. Currently, land prices along Ramkhamhaeng average 150,000–250,000 THB per square wah, but near transit hubs, prices can reach 300,000–400,000 THB per square wah.
While the Treasury Department’s appraisal for 2023–2026 pegs land values on Ramkhamhaeng between 110,000–170,000 THB per square wah, growth has ranged from 6.25% to 40.12% over the past decade. However, due to economic conditions, medium-sized plots (3-5 rai) priced for condominium development are likely to sell faster than larger plots. Large, high-priced plots, such as the 45-rai parcel listed for over 6.3 billion THB, would require significant investment—estimated at least 20 billion THB—and are more feasible for mixed-use developments.