Price appreciation has been steady and accelerating in the Khao Yai Land View area. The chart below shows actual average prices for bare land in the area near but not adjacent to Kirimaya resort, which includes Khao Yai Land View and nearby real estate.

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These are actual average selling prices in millions of Thai baht per rai for all years except 2010. At the present time the asking price for land near Khao Yai Land View is in the range of 2.0 to 2.5 million baht per rai. We expect that 2.5 million baht will become the baseline price this year.

Property adjacent to Kirimaya and Khao Yai National Park is going for substantially more, not just in the housing developments but also bare land. 3 million baht and up is the current asking price for some parcels.