On the 9th of September, the Government Housing Bank (GHB) will hold an online auction for second-hand houses for September 2020 through the G H Bank Smart NPA application. A selection of quality properties in prime locations, including convenient access to public transport, educational institutions, and shopping areas, will be available, totaling 99 listings.

        The properties are located in Bangkok and its vicinity, as well as in regional areas, with starting auction prices reduced by up to 40% from the normal price. The lowest starting price is just 370,000 THB. Additionally, there is a special offer for a 0% down payment interest rate for up to 60 months, with a maximum repayment period of 40 years. Furthermore, the auction winners will receive an additional 10% discount if they sign a contract and complete the legal process by December 30, 2020. The auction will commence simultaneously for all 99 listings on September 9, 2020, from 11:00 AM to 1:30 PM.

        Mr. Chatchai Sirilai, Managing Director of the Government Housing Bank (GHB), stated that this auction aims to meet the needs of citizens looking to own a home in the New Normal era. The third auction in September 2020 is set for the “9th Month, 9th Day,” featuring well-maintained properties in Bangkok, its vicinity, and regional areas, totaling 99 listings, including single-family homes, duplexes, townhouses, condominiums, and commercial buildings, with starting auction prices offering discounts of up to 40% from the normal prices.

        This time, there is a special offer! Customers who win the auction will receive an additional 10% discount from the final auction price if they sign a contract and complete the legal process by December 30, 2020.

        The auction is divided into 50 listings in Bangkok and its vicinity, featuring interesting properties such as a 2-story townhouse with a starting auction price of 800,000 THB, located in the Prathisar 5 project in Thanyaburi, Pathum Thani, and a 53.80 square meter condominium with 2 bedrooms and 2 bathrooms, just 400 meters from the BTS Sanam Pao station, in The Tempo Phaholyothin project, Soi Phaholyothin 2, Phaya Thai, Bangkok, starting at 4,310,000 THB, reduced by 20% from the normal selling price of 5,380,000 THB. Another property in a prime location on Rama 9 Road, easily accessible by multiple routes, is a 2-story townhouse with an area of 19.90 square wah in the Baan Klang Muang Rama 9 project, Suan Luang, Bangkok, starting at 4,560,000 THB, reduced by 20% from the normal selling price of 5,700,000 THB.

      Meanwhile, there are 49 listings from regional areas, including interesting properties such as a 2-story single-family home with a starting auction price of 370,000 THB, located in Non Khun, Si Sa Ket, and a 2-story townhouse with an area of 16 square wah in Cha-am, Phetchaburi, starting at only 750,000 THB, which is a 40% reduction from the normal price.

        Other properties in good locations include a 2-story single-family home with an area of 58.40 square wah in the Grand Vista project, Mueang Nakhon Ratchasima, Nakhon Ratchasima, located near two educational institutions, starting at 2,850,000 THB, reduced by 25% from the normal selling price of 3,800,000 THB.

        Additionally, there is a 2-story single-family home with an area of 63.60 square wah in the D-Prom Ville project, Mueang Nakhon Sawan, Nakhon Sawan, located near shopping areas and educational institutions, starting at 2,665,000 THB, reduced by 25% from the normal selling price of 3,550,000 THB.

 

The online auction for second-hand houses on September 9, 2020, featuring all 99 listings, will start simultaneously from 11:00 AM to 1:30 PM. Interested participants can download the G H Bank Smart NPA application and register for the online auction until September 9, 2020, at 1:00 PM (for customers who have not registered before).

The auction winners will receive a QR Code to contact the bank for payment and contract signing as specified by the bank within 3 business days following the auction date. They can choose to use the 0% down payment interest rate for up to 60 months or opt for a loan with a 0% interest rate for up to 48 months (under the special conditions set by the bank).

For more details or to follow updates from the bank, visit www.ghbhomecenter.com or www.ghbank.co.th, or contact the customer service center (Call Center) at 0-2645-9000.

Also, check out the Government Housing Bank's Facebook Fanpage.