When thinking of a holiday destination surrounded by mountains and greenery, many people undoubtedly think of ‘Khao Yai’. This is confirmed by the statistics showing that it is the most visited national park in the country. Here are some interesting aspects of Khao Yai and the new major project, Origin Resort World Khaoyai, from Origin Property.

Khao Yai: The Most Visited National Park Location

Tourism statistics from January to December 2023 reflect the tourism figures of Nakhon Ratchasima province, which ranks in the TOP 10 of the most visited provinces in Thailand. It is also the national park with the highest number of visitors in the country, with approximately 1,249,636 visitors to Khao Yai National Park, generating around 74,837,353 baht in revenue, the highest compared to other national parks in the country.

For the tourism figures of Nakhon Ratchasima province, there were 7,939,895 visitors (Jan-Dec 2023), an increase of 29.36% from the previous year, consisting of 7,785,906 Thai visitors and 153,989 foreign visitors. This generated 14.895 billion baht in tourism revenue, an increase of 48.29% from the previous year, with Thai visitors contributing 14,389 million baht and foreign visitors contributing 506 million baht. The occupancy rate reached 68.59%, an increase of 16.01% from the previous year.

Khao Yai: A Tourist Destination for the Wellness Economy Market

The appeal and potential of Khao Yai as a mountainous tourist destination have made it a strategic location for the growing global Wellness Economy market. Thailand is also adopting the Wellness Economy as a strategy for tourism development.

According to the Global Wellness Economy: Thailand 2022, Global Wellness Institute, the value of Thailand's Wellness Economy in 2020 was estimated at 29 billion dollars, ranking 9th in the Asia-Pacific region and 24th in the world.

In terms of business types, the majority of Thailand's Wellness Economy is still in the categories of Healthy Eating, Nutrition & Weightloss (valued at 8.662 billion dollars, ranked 18th in the world), Personal Care & Beauty (valued at 6.523 billion dollars, ranked 27th in the world), and Wellness Tourism, Spas & Springs (valued at 4.694 billion dollars, ranked 15th in the world). There is still significant room for growth in other business categories, especially in Wellness Real Estate, valued at approximately 388 million dollars, ranking 32nd in the world.

What Zones Are in Khao Yai?

To clarify the mountainous holiday destination of ‘Khao Yai’, it can be divided into three main zones based on the main roads in the area: Thanaratch Road (Highway 2090), Highway 1016, and Highway 3052, which lead directly into Khao Yai National Park, making it a popular area for both short-term and long-term stays. Each of the three zones has distinct characteristics:

  • Thanaratch Road (Highway 2090): A main road with 4 traffic lanes that serves as the route to Khao Yai National Park, connecting with Mittraphap Road (both new and old) and the Pak Chong district, making it a more urban community than other zones, with amenities throughout the entire stretch, suitable for both long-term and short-term stays. In terms of land appraisal prices from 2012-2015, Thanaratch Road (Highway 2090) had land prices of 3,200-6,500 baht per square wah, but from 2016-2019, the appraisal prices jumped by 323-759%, adjusting to 27,500 baht per square wah.
  • Rural Road No. 1016: A 2-lane road often used as a secondary route connecting Mittraphap Road to Khao Yai National Park, lined with relaxation spots such as hotels, resorts, and cafes. The land appraisal prices from 2016-2019 were 2,100 - 2,500 baht per square wah, and from 2023-2025, it is 2,500 baht per square wah.
  • Highway 3052: A 2-lane road leading to the Khao Yai-Wang Nam Khiao tourist area, filled with high-end hotels, resorts, golf courses, and developed land along the route. The land appraisal prices from 2016-2019 and from 2023-2025 are 1,000 - 2,500 baht per square wah.

Thanaratch Road: The Main Road and Convenience Area of Khao Yai

As mentioned, Thanaratch Road is a major 4-lane road connecting Mittraphap Road and the city of Pak Chong to Khao Yai National Park. It serves as the first checkpoint for many travelers heading to Khao Yai, leading to various amenities clustered along Thanaratch Road.

Thanaratch Road is a place where anyone visiting Khao Yai for a short or long stay will inevitably pass through, as it is a hub for essential shopping areas such as night bazaars, Lotus, Big C, Makro Food Service, Thai Watsadu, and Premium outlets. Additionally, it is home to many famous restaurants in Khao Yai and includes popular tourist attractions along the route.

Overview of the Housing Market in Nakhon Ratchasima-Khao Yai

Currently, important tourist cities are key destinations for purchasing holiday homes or second homes for relaxation or retirement. One of the popular locations is Nakhon Ratchasima (Khao Yai), which is a top choice for those seeking tranquility away from the chaos of the city. It is a location with complete amenities and convenient access near Bangkok, representing a potential area that continues to grow, as reflected in the rising land prices, which currently exceed 20-40 million baht per rai or 50,000-100,000 baht per square wah.

The upward trend in land prices presents a great investment opportunity, prompting both small and large real estate developers to continuously develop residential projects in this area. The overall housing market in Nakhon Ratchasima-Khao Yai sees a continuous supply each year. Data from the first half of 2023 shows approximately 5,831 units of housing available for sale, with an average transfer of ownership of 4,300 units per year. Despite the continuous supply, there is also a steady demand for purchases.

 

Currently, the Khao Yai area has about 7 residential projects for sale, including both houses and condos. House and villa prices start at 13.9 million baht, with land sizes ranging from 115 - 350 sq.w. and usable areas from 210 - 782 sq.m. Condo prices start at 11.8 million baht, with usable areas from 64-295 sq.m. A new project is about to launch in the area, namely Origin Resort World Khaoyai, featuring Luxury Pool Villas starting at 18.9 million baht and condominiums starting at 3.99 million baht.

Investment Opportunities in Khao Yai Holiday Homes

The overall investment market for holiday homes in Khao Yai includes both villa and condo markets, catering to both Thai and foreign tourists for short and long stays. Pool villas can be rented daily, with sizes ranging from 2-5 bedrooms, rental prices ranging from 7,000 - 20,000 baht per day. For monthly rentals of houses/villas/pool villas with sizes of 200-400 sq.m. and 3-5 bedrooms, rental prices range from 20,000 - 60,000 baht per month. The condo rental market typically offers larger units, with sizes of 32-100 sq.m., rental rates ranging from 9,500 - 38,000 baht per month, generating average rental yields of approximately 3% - 5.7% per year.

Origin Resort World Khaoyai: A WELL-BEING Kingdom in the Heart of the Mountains

Origin Resort World Khaoyai is situated on a 40-rai plot of land along Thanaratch Road, connecting to Mittraphap Road and the Bang Pa-In-Korat motorway. This project is a joint venture between Origin Property and Asian Sea Corporation Public Company Limited (ASIAN), developed under the concept of “The Integrated Well-Being Residence and Hospitality Destination“, integrating the natural beauty that Khao Yai is known for, along with world-class services and wellness-enhancing programs.

The project includes Branded Residences Villas, which are Luxury Pool Villas with 24 units starting at 18.9 million baht, Branded Residences Condominiums, Five-Star Wellness Hotels, and The Holistic Life Care, a wellness and well-being service center catering to residents of all ages, offering world-class medical services, weekly health check-ups, rehabilitation and physical therapy centers, and recreational and relaxation facilities, enhancing positive energy for all lifestyle forms of relaxation.

Origin Resort World Khaoyai: Private Luxury Pool Villas with Only 24 Units

Origin Resort World Khaoyai offers Luxury Pool Villas, each with a private pool, available in two designs:

  • The Sierra: Land size of 100 sq.w., usable area of 234 sq.m., featuring 3 bedrooms, 3 bathrooms, and 3 parking spaces.

  • The Cordillera: Land size of 140 sq.w., usable area of 282 sq.m., featuring 3 bedrooms, 3 bathrooms, and 3 parking spaces.

Experience elevated living in a quality community amidst the tranquility of the mountains with Origin Resort World Khaoyai. Register for more information at:

Register: https://bit.ly/3T5czfu

Call: 1498

LINE: https://lin.ee/Aw1Pvyl