Government Housing Bank offers package to first-time buyers

The loans will be available at a fixed interest rate of 5.89 per cent a year for seven years. Buyers also have the option of taking loans at a fixed rate of 5.91 per cent for 10 years and at a rate 0.50 per cent less than the minimum retail rate thereafter.

Buyers who earn less than Bt15,000 a month are eligible to avail the offer. The scheme will run until December.

The Government Housing Bank has set aside Bt2 billion for the campaign, president Khan Prachuabmop said. - The Nation

Phuket

Andaman Group enters property market with Bt40-million project

The Andaman Group has launched a detached-housing project, Kamala Muse, at Kamala beach in Phuket.

This is the first property venture of the group, which has been running a successful restaurant business in the province, the company's managing director Tanaset Kulveera-Aree said.

The Bt40-million project is aimed at upscale buyers. Prices start at Bt8 million.

"If the project succeeds, we will increase investment in residential projects," he said. - The Nation

Grand crystal

KE Land launches luxury detached-housing project

KE Land has launched a luxury detached-housing project, Grand Crystal, on Praditmanuthum Road.

The Bt180-million project offers 40 units with a utilisation space of up to 210 square metres.

Prices range between Bt35 million and Bt180 million. - The Nation

business plan

Cement Thai Home Mart renovates branch to lift sales

Cement Thai Home Mart, a subsidiary of SCG Group, has converted a branch into an integrated construction material centre.

The move is part of the company's drive to push up sales by 20 per cent this year, SCG Distributor president Kajondej Sangsuphaner said.

The company recorded Bt15.5 billion in sales in the first five months of this year, up 20 per cent from last year, he said. - The Nation