The National Housing Authority (NHA) has announced it will start to take reservations for units within the 239 “Ban Yang Yuen” housing projects on August 28.
According to NHA Governor Krishda Raksakul, the Ban Yang Yuen projects, which comprise projects with single homes as well as condominiums, are geared toward low-income people.
Prices for these housing units start at between THB 230,000 and THB 500,000. Buyers will need to place a THB 1,000 down payment upon reservation, and the monthly installment starts at THB 1,500.
The NHA added that it will also be seeking offers of special interest rates from financial institutes for buyers who will take out mortgage loans.
The NHA will take reservations for units within the Ban Yang Yuen projects between August 28 and September 6.
Purchase of units will be limited to households that earn no more than THB 40,000 baht.
The National Housing Authority (NHA) is a state enterprise attached to the Ministry of Social Development and Human Security. It was established in 1973 and currently operates under the National Housing Authority Act (B.E. 2537).
Its objectives are to provide housing for low- and middle-income earners, to provide financial assistance to those who need to have their own housing, to deal with the business of building construction and land acquisition, and to upgrade, demolish or relocate slums in order to assist people in achieving better living, social and economic conditions.