SILP asking prices in Thailand up 4.5% in H1

Guess which area saw the highest price increase.

The mean asking price of serviced industrial land plots (SILP) in H1 2025 increased 4.5% Y-o-Y to 6.64 million baht per rai, according to data from Knight Frank.

The areas with the highest annual price increase are the BMR and EEC at 4.7%, and East ex-EEC at 4.5%.

Here’s more from Knight Frank:

Due to high demand and limited supply, the average asking price in BMR reached an unprecedented level of 11.6 million baht. Meanwhile, strong demand for manufacturing space in the EEC region has driven prices to 7.2 million baht. Despite being a traditional industrial hub, the central region experienced a marginal price increase of 1.7% to 6.5 million baht.

While prices in the North, South, and West regions remained unchanged. The asking price spread in the EEC is the widest across the market, varying from 3.6 million baht to a market high of 12.0 million baht. The increasing land prices are largely attributed to limited supply in high-demand industrial zones, resulting in the highest prices seen in these areas.