Bangkok: The Government Housing Bank (GHB) is set to hold a significant auction event, offering pre-owned homes at discounts of up to 50%, coupled with a promotional offer of 0% interest per year on home loans, scheduled for March 14, 2026.
According to Thai News Agency, this initiative by GHB aims to stimulate the real estate sector by presenting over 12,000 high-quality properties in prime locations nationwide. The auction will provide prospective homebuyers with an opportunity to purchase properties with substantial discounts and benefit from a fixed 0% interest home loan for the first two years. The event is slated to occur from 10:00 AM to 4:00 PM on the specified date.
Ms. Oranuch Pongprayoon, Deputy Managing Director of the Debt Restructuring Group at GHB, emphasized the bank's commitment to supporting economic growth through real estate. The auction will feature a diverse range of properties, including single-family homes, townhouses, semi-detached houses, commercial buildings, vacant land, and condominiums. Notably, more than 1,200 properties will be available in Bangkok and its surrounding areas, with a standout offering being a single-family home in the Habitia Watcharapol project in Sai Mai District, Bangkok, starting at 3,900,000 baht.
In addition to properties in Bangkok, over 11,000 properties in regional areas will be up for auction. Highlights include a detached house in the Kanjanakanok Ville 12 project in Mae Rim District, Chiang Mai, with a starting bid of 2,255,000 baht, and another in the Duangta project in Mueang Krabi District, Krabi, starting at 8,550,000 baht. These properties are strategically located to attract potential buyers.
Furthermore, the first 110 successful bidders who sign a purchase agreement within the designated timeframe will have the chance to win electrical appliances, including dehumidifiers, cordless slow cookers, electric food warmers, and portable blenders. Terms and conditions apply as set by the bank.