BMA deputy governor Chakkaphan Phiewngam said the relocation would definitely be completed early next year.
So far, 138 houses and 282 squatter families have been relocated, leaving 144 houses to be moved, he said.
The BMA has budgetted Bt104.53 million for the house relocation. Each family was initially given 50 per cent compensation, with the rest to follow after relocation of the houses is completed, Chakkaphan said.
He said the BMA is also holding talks with operators of nine private ferry piers on the river to relocate their piers to make way for the promenade construction.