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Phuket Land Prices Surge: Patong Remains the Most Expensive Location
New data from Prachachat Business highlights a significant rise in land values across 11 prime locations in Phuket, with Patong reaching one million baht per square wah.
According to a report by Prachachat Business published on July 31, 2026, land prices across 11 key locations on the island of Phuket continue to experience rapid growth. Patong remains the most expensive area, with land values reaching one million baht per square wah after a year of consistent increases.
Beyond the established popularity of Patong, the report identifies 'Cherng Talay' as a rising star in the local real estate market. Land prices in this area have surged by 300%, currently ranging between 15 and 21 million baht per rai. This trend reflects the ongoing intensity of investment activity on the island, driven by interest from major real estate developers.
For residents and travelers, these figures indicate a significant shift in the island's economic landscape. The rising cost of land often correlates with increased development, which may lead to more luxury infrastructure but could also influence the cost of living and tourism services in these specific areas. While the data confirms a clear upward trend in property valuations, it remains to be seen how these price hikes will impact long-term commercial development and the availability of affordable housing or services for those living and working in these high-demand zones.
Translated from Thai.
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