Condo Transfer & Mortgage Fees Reduced

Great news …

ขณะนี้ รัฐบาล ได้ประกาศใช้มาตรการลดค่าธรรมเนียมโอน อสังหาริมทรัพย์ เหลือเพียง 0.01% (จากปกติ 2%) และ ค่าจดจำนอง เหลือเพียง 0.01 %( จากปกติ 1%) เริ่มใช้ได้ตั้งแต่ 29 ตุลาคม 2558 – 30 เมษายน 2559

The Thai Cabinet has announced the housing (condo) transfer fee will be cut to 0.01% (from 2%) and the mortgage fee to 0.01% (from 1%) starting 29th October 2015 to end of April 2016.

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The cabinet on Tuesday approved a series of economic measures to revitalise the property sector with low-income earners to benefit most. 

The incentives include cuts in the housing transfer fee to 0.01% from 2%, and slashing mortgage fees to 0.01% from 1% from next Monday to the end of April. 

Buyers of homes costing less than 3 million baht have an extra incentive as 20% of the price tag will be tax deductible for five years, starting Dec 31. 

Deputy Prime Minister Somkid Jatusripitak and Finance Minister Apisak Tantivorawong said the tax reduction was designed to help low-income earners. 

Government Housing Bank (GHB) will set aside 10 billion baht in mortgage loans for borrowers refused by other banks until the end of next year. Details will be announced by GHB. 

Mr Somkid expected the tax and fee reductions would eat into government revenue by around 15 billion baht a year, but the state will collect more taxes in future after the economy picks up.

Source: Bangkok Post

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Now is the perfect time to buy your dream condo!!

You can search our website for details of our current listings, reach us by phone during reasonable hours of the day or leave us a message through our web contact form.

We look forward to being of service to you.

 
Bangkok Property Agency
13 October 2015