New land appraisal prices to have limited impactListen to this articleAn aerial view of terraced rice fields at Na Kian village, in Omkoi district, Chiang Mai. Facebook account of Nopparat CharoenpholA new round of land appraisal prices to be effective in 2027 is expected to increase land prices along mass transit lines in Bangkok and surrounding areas by no more than 10%, attributed to the ongoing economic slowdown. Mr Akkaruth said in the new appraisal round, the department will seek to make appraisal prices closer to actual market prices. Under the current appraisal, Treasury Department prices were determined to be 30-40% lower than market prices. This process will be done gradually, as higher appraisal prices mean a higher tax burden for property owners, he said.

Source: Bangkok Post January 20, 2026 22:51 UTC