SRT studies alternative plans for Bang Sue Grand Station after no show of interested bidders

There seems to be little interest in the new Bang Sue Grand Station project, which is planned to be Thailand’s new railway hub in place of Bangkok’s Hua Lamphong Railway Station and the largest railway station is Southeast Asia. Bidding for the station’s Plot A opened 3 weeks ago, with envelopes each costing 500,000 baht, but not one was sold.

With the bidding closing in January and no interest so far, the State Railway of Thailand is finding alternative plans for the Bang Sue Grand Station’s Plot A, a source told Nation Thailand.

“It is believed that nobody has shown interest in the project because of the new wave of Covid-19 infections. Also the Plot A project has low potential for commercial profit as an elevated expressway passes over it and it has limited access.”

If no one buys a bidding envelope in the next 10 days, then the bidding will close and the SRT will make changes to Plot A’s development plan. The source told Nation Thailand that railway officials might make the site a SRT office building or let other state agencies rent the land, which would not require any more bidding.

SRT is also studying any possibility to pack Plot A into Plot E which has a greater potential for commercial profit and may attract more bidders.

SOURCE: Nation Thailand