BTS Gold Line
The long-awaited BTS Gold Line started its operation in December 2020. It was announced that this line will operate on a driverless system and extends for almost 2 kilometers across Krung Thonburi Station, Charoen Nakhon Station, and Klong San Station, linking Greater Bangkok. This Gold Line is also merged with the Green Line or BTS Silom at Krung Thon Buri station. It is expected to welcome over 40,000 trips daily. Free rides on the Gold Line between Krung Thon Buri and Khlong San stations are available until January 15, 2021. As a consequence, this sky train line would accommodate commuters or tourists to visit Icon Siam, the luxury riverside shopping mall located in Klong San District of Bangkok.
Transport of choice
Moreover, the BTS Gold Line serves as a choice of transport and gives convenience to Charoennakorn residents. This also adds tremendous value to properties nearby especially the Magnolias Waterfront Residences, The Residences at Mandarin Oriental, and Banyan Tree Riverside Residences which are located right next to the BTS station. This increases the value of the properties makes these newly developed condominiums an ideal choice for investment.
The second phase of the line will be extended along Somdet Chao Phraya Road to connect with the MRT Purple Line southern extension possibly in 2023. In the future, it will also connect Krung Thonburi BTS station with Prajadhipok Road in Thon Buri District, a total of 2.68km. This project’s budget was about 3.8 billion Baht and was fully supported by Siam Piwat Co Ltd, the owner of Iconsiam.
More connections and lines are expected to open each year. The last part of the Green Line will also link the three provinces, which are located less than an hour away from Bangkok. The three provinces are Pathum Thani, Bangkok, and Samut Prakan. According to the government spokesman, Anucha Burapachaisri Dark Red (Bang Sue-Rangsit) and Light Red (Bang Sue-Taling Chan) will be opened within this year. Pink (Khae Rai-Min Buri) and Yellow (Lat Phrao-Samrong) will be opened in 2022. Lastly, Dark Red (Rangsit-Thammasat University Rangsit Campus) and Light Red (Taling Chan-Siriraj) is expected to be ready in 2023.
Asher Property Editor