NEWS & EVENTS
Khao-Yai, the Destination for Wellness and Nature Retreat
“Khao-Yai”, a UNESCO World Heritage Site and ASEAN Heritage Park, is widely known among nature lovers for its beautiful natural landscape and wildlife. Khao-Yai spans across four provinces (Saraburi, Nakhonratchasima, Prachinburi, and Nakhonnayok) over 2,200 square kilometers. It is the origin of many waterways, home to wildlife and over 280 species of birds. The biodiversity of nature in this area attracts visitors and nature lovers from all over the world. Khao-Yai has a tropical jungle climate with average temperature of 21 celsius.
The location of Khao-Yai as a valley surrounded by mountains make it an attractive strategic location for wellness businesses. In 2020, Global Wellness Institute estimated the wellness economy in Thailand at 29,000 million dollars and ranked 9th in the Asia-Pacific region and 24th in the world.
Khao-Yai toward Wellness Economy
- Market size: 29,000 million USD
- 9th in Asia-Pacific region
- 24th from 218 countries globally
Proportion of Wellness Economy in Thailand
- Wellness Tourism, Spas & Springs: value at 4,694 million USD, rank 15th globally
- Healthy, Eating, Nutrition & Weightloss: value at 8,662 million USD, rank 18th globally
- Personal Care & Beauty: value at 6,523 million USD, rank 27th globally
- Wellness Real Estate: value at 388 million USD, rank 32nd globally
The proportion of wellness businesses in Thailand is mostly in Healthy, Eating, Nutrition & Weightloss (8,662 million USD; rank 18th globally), Personal Care & Beauty (6,523 million USD; rank 27th globally), Wellness Tourism, Spas & Springs (4,694 million USD; rank 15th globally). There still an opportunity for growth in other wellness related businesses, especially in the wellness real estate business which value at 388 million USD and rank 32nd globally.
Khao-Yai is known as the getaway destination and retreat, especially to the people that seek for tranquility and relaxed atmosphere. The area offers convenient amenities and is located within a few hours from Bangkok. The land price around Thanarat road increased about 20-40 million baht per rai or 50,000-100,000 per sq.wa.
Khao-Yai offers many investment opportunities from single-detached houses, villas, and condominiums. There are various real estate for domestic and international tourists as well as for short-term and long-term investment. For houses, villas, or pool villas with the size 200-400 sq.m., 3-5 bedrooms, the monthly rental is around 20,000 to 60,000 Baht. For condominiums, most unit sizes are between 32-100 sq.m and the monthly rental is 9,500 to 38,000 baht. The rental yield is 3% to 5.7% annually.