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Economy

Thai crown holdings at center of Bangkok redevelopment blitz

Amid rising land prices, monarchy leasing urban plots to top bidders

The planned One Bangkok redevelopment project, rendered here, is among many new projects on land owned by the Thai monarchy.

BANGKOK -- Thailand's monarchy has been opening up prime pieces of real estate in this bustling capital to a series of major urban redevelopment projects, drawing a flood of domestic and international investments amid concerns of a property bubble.

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