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To satisfy your curiosity.... the vendor says the price is 200,000 per rai.... which is indeed high, but he refused 150,000 last year (from a Thai), so not out of proportion. And no farang, such as me, has ever been involved in buying or selling it.
Are you the agent for the vendor, have you seen the Chanote "Nor Sor 4". Most people that have "possessory right" or another lesser right to land will tell you they have Chanote