Chatchai
Chatchai

Housing bank discounts previously owned homes

Real Estate November 17, 2017 14:55

By The Nation



The Government Housing Bank (GHB) is staging a “previously-owned house fair” for the year-end period with more than 3,000 assets to be sold through its 57 branches countrywide on Saturday, November 18.

Attractions include a 50-per cent discount, starting at Bt40,000, while 450 assets in Greater Bangkok also come with 50-per cent discount until December 29, the Bank said in a statement.

GHB hopes to generate Bt3 billion from non-performing assets in 2017, after selling as much as Bt2.49 billion during the first 10 months of the year, said Chatchai Sirilai, GHB managing director.

GHB NPA buyers will also receive additional offers such as interest-free 48-month installment for downpayment (selected assets) and 24-month interest-free installment plan (with 20 per cent cash down payment).