Finance Ministry eyes new projects to stimulate property market

Paopoom said the Finance Ministry aims to continuously stimulate the property market by providing soft loans to low-income persons to buy new homes to repair their existing property in two projects, namely:

– 50 billion baht: Each applicant can seek a loan of no more than 3 million baht at a special interest rate for five years to build or buy a new home.

– 5 billion baht: Applicants can seek a loan of no more than 100,000 at a special interest rate for three years for repairing or expanding their homes.