More loans planned for One Million Housing Units project

23 Sept 05:50 Key points summarised by AI

The "One Million Housing Units project" received applications totaling 130 billion baht, significantly oversubscribing its initial 50 billion baht loan fund.
The Finance Ministry has ordered the Government Housing Bank (GHB) to propose an increase in the project's loan limit to address the high demand.
The project's attractive 3% interest rate for the first five years was a key factor in drawing a large number of applicants.
Successful applicants have been notified and can proceed with their housing loan applications from January 2 onward.

New home loan scheme aims to boost property sector with Bt125 billion

Today 11:38 Key points summarised by AI

The Cabinet approved a new Bt50-billion 'A House for Each PLUS' home loan scheme from the Government Housing Bank, offering up to Bt3 million with 40-year repayment terms for low- and middle-income earners.
This initiative aims to significantly boost the property sector and national economy, projecting to generate Bt125 billion in economic activity and create jobs.