"Munkong" Embraces Government Policy "Good Homes with Down Payment" Launching 10 Projects to Stimulate Housing Demand
Munkong responds to the "Good Homes with Down Payment" policy by selecting 10 projects, including townhomes, duplexes, and single-family homes, totaling over 300 units in prime locations across Bangkok and its suburbs. The company aims to offer various special privileges to meet the demand for home purchases at the end of 2019.
Mr. Sakdina Maenlert, Deputy Managing Director of Project Management at Munkong Housing Public Company Limited (MK), a real estate developer for sale, rent, and service, mentioned that the Cabinet has approved measures to reduce the burden of purchasing housing under the "Good Homes with Down Payment" program to support citizens in owning their homes. The government will provide a down payment assistance of 50,000 baht for individuals with an annual income not exceeding 1,200,000 baht, targeting 100,000 applicants. Registration for this assistance will be open from December 11, 2019, to March 31, 2020, with legal transactions and mortgage agreements available from November 27, 2019, to March 31, 2020.
This measure is expected to stimulate housing demand and revitalize the real estate business. Overall, the real estate sector can generate significant cash flow and is interconnected with other businesses, such as construction materials, steel, furniture, and interior design. Consumers will also benefit. In addition to the government's 50,000 baht down payment assistance, Munkong is ready to offer special privileges for those who reserve housing under its developments, including free water and electricity meter installation, free common area fees for three years, a complete bedroom set, an air conditioner for the master bedroom, and five additional electrical appliances.
The projects participating in the "Good Homes with Down Payment" policy from Munkong include a total of 10 projects with over 300 units, consisting of 6 townhome projects: Chuan Chuen Town Chaiyaphruek - Chaeng Watthana, Chuan Chuen Town Rangsit - Khlong 1, Chuan Chuen Town Ratchaphruek - 345, Chuan Chuen Town Kaew Inthar - Bang Yai, Chuan Chuen Town - Bang Yai, and Chuan Chuen Town Village Bangna. There is 1 duplex project: Chuan Chuen Park On Nut - Ring Road, and 3 single-family home projects: Chuan Chuen Prime Village Bangna, Chuan Chuen Prime Ville Bangkok - Pathum Thani, and Chuan Chuen City Watcharapol - Ram Inthra. More details and updates can be found at www.mk.co.th or facebook.com/munkongfamily or call 1622.
The measures introduced are seen as addressing the housing purchase needs of consumers at the end of the year, and it is hoped that more beneficial measures will continue to stimulate the business sector in the future," Mr. Sakdina Maenlert concluded.
Thank you for the information from www.mk.co.th.