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Former Dutch embassy land in Bangkok reportedly sold for 20 billion baht

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Two Thai property groups have reportedly bought the former Dutch embassy site on Wireless Road , Bangkok, for more than 20 billion baht .

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Summary

The plot sits between Wireless Road and Soi Ton Son in central Bangkok and covers nearly 20 rai. Thai business media name the buyers as the Piyasombatkul group and a company controlled by Chali Sophonpanich.

Chali runs City Realty, a developer founded more than 35 years ago. Its projects include Emporium Tower, the Chatrium hotels and Shrewsbury International School Bangkok.

Read full article at The Thaiger →