Two iconic Bangkok markets operating on State Railway land face lease renewal uncertainty: Chatuchak (68 rai) expires Dec 2027, with Bangkok authorities signalling return to railway management; Kor Ror Tor (35 rai) ends late 2027, facing 40% vendor loss and weak sales. Key concerns: Bangkok's 1.34B baht accumulated debt, unclear future rent rates, and deteriorating market conditions threaten these SME hubs. Vendors fear rent hikes post-handover while seeking facility upgrades.
← Back to all articles