In Q1 2025, land prices in Thailand’s Eastern Economic Corridor (EEC) continued to rise sharply, driven by growing demand for residential and industrial development. According to the Real Estate Information Center (REIC), the land price index in the EEC reached 332.2 points, up 24.9% year-on-year.
The surge is primarily fueled by 47 billion baht in foreign investment, a 31% increase from the previous year, with strong interest from Japanese, Chinese, and Singaporean investors. These investments focus on both industrial estates and housing to support foreign workers and domestic labor migration into EEC zones.
Top 5 Locations with the Highest Land Price Growth
1. Bang Lamung, Chonburi (+126.5%) – Boosted by long-term foreign residential demand, condos, and housing projects in the Pattaya area.
2. Si Racha, Chonburi (+88.6%) – A key destination for Japanese expats with growing mid- to high-end residential development.
3. Ban Khai, Rayong (+47.9%) – Expanding energy and industrial clusters are pushing land demand forward.
4. Mueang Chonburi (+33.5%) – A regional economic hub seeing continuous growth from commercial and low-rise housing development.
5. Pluak Daeng, Rayong (+11.2%) – Industrial-adjacent areas ideal for factories, warehouses, and worker housing.
Chachoengsao was the only EEC province to record a decline in land prices (–13.5%), reflecting temporary pauses in residential development due to uncertain market conditions.
Despite broader economic headwinds, the EEC remains a key growth driver in Thailand’s property landscape. Ongoing infrastructure expansion and foreign interest continue to shape land values, positioning the region as a hotspot for long-term investment opportunities.
