GH Bank is ready to cooperate with BOI to support real estate entrepreneurs build a house for a price of no more than 1.5 million baht

press release

The Government Housing Bank (GH Bank) responds to government policy to help reduce social inequality. By obtaining your own housing as necessary, we cooperate with the Investment Authority Office to implement investment promotion projects. “Low-Income Housing” supports real estate entrepreneurs in building housing at a cost not exceeding 1.5 million baht, in addition to opening the system on the bank’s website. Help in considering qualifications before nominating names for tax benefits from the Board of Investment, those interested can join the project via www.ghbank.co.th From April 1, 2024 onwards

Mr Kamunpop Weerapala, Managing Director, Government Housing Bank (GH Bank) revealed that the Board of Investment (BOI) has decided to encourage investment in housing for low-income earners. According to the Investment Promotion Project, the “Low-Income Housing” program supports real estate entrepreneurs in building good-quality housing. At a selling price level of no more than 1.5 million baht (including the cost of land), you will receive the benefit of corporate income tax exemption for 3 years in an amount not exceeding 100% of the investment. As a government financial institution. Under the Ministry of Finance, whose mission is to “make Thai people homeowners”, it remains ready to move forward in supporting government agencies. In promoting the Thai people especially those with limited income to make it easier to obtain your own housing, on this occasion, we cooperate with BOI to exist
A central agency linking information in various fields between the Board of Investment and real estate operators across the country, including GH Bank, will consider the qualifications of each real estate operator in order to issue a certificate. Before submitting an application for investment promotion with the Board of Investment by the end of 2025, GH Bank will open channels for real estate entrepreneurs. Inform your interest for investment promotion in the said project via www.ghbank.co.th from 1 April 2024 onwards

“Currently, it is difficult for people to choose to buy housing in the price range not exceeding 1.5 million baht due to construction costs. Including various factors that may push real estate entrepreneurs to do so and housing cannot be built at this price level, so it is believed that support with tax breaks For real estate entrepreneurs this time will be an incentive to create housing. At a price level not exceeding 1.5 million baht, the market is increasing. “Having more opportunities to own a home has a positive impact on low-income people,” Mr. Kamunpop said. GH Bank is ready to be a part of helping people fully in accordance with the policies of the government and the Ministry of Finance.”

Interested real estate entrepreneurs can request more details at the Board of Investment office. Call 02-553-8331 or [email protected] And all GH Bank branches across the country, GH Bank Call Centre, Tel 0-2645-9000 or Facebook Fan Page, Government Housing Bank. And follow the bank's news on the mobile application: GHB ALL GEN and www.ghbank.co.th