Pruksa has partnered with its banking ally, Siam Commercial Bank, to launch a campaign targeting <\/span>20<\/span> companies with corporate welfare from Siam Commercial Bank, offering comprehensive benefits from both Pruksa and the bank. Pruksa provides special privileges up to <\/span>3<\/span> times, including discounts and project-specific promotions, with a special discount for employees of partner companies of <\/span>10,000<\/span> baht per million, along with additional On Top discounts based on project types. Meanwhile, Siam Commercial Bank offers a fixed special interest rate of <\/span>2.99%<\/span> per annum for <\/span>3<\/span> years* with a maximum loan amount of up to <\/span>110%**<\/span> when purchasing a home in Pruksa's projects, which include townhouses, single houses, and condominiums across <\/span>122<\/span> projects from June <\/span>20<\/span> to September <\/span>30, 2024.<\/span>

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Mr. Piya Prayong, CEO of Pruksa Real Estate Public Company Limited, <\/span><\/strong>stated that the Thai real estate market currently presents both opportunities and challenges. Despite the household debt issues that need attention, high-interest rates, and a relatively high rate of loan rejections from financial institutions, a thorough analysis of data and market surveys reveals that there are still many customers seeking housing with purchasing power, especially stable employees in organizations. Therefore, Pruksa has collaborated with Siam Commercial Bank, or <\/span>SCB<\/span>, to move forward under the concept of caring for life, "Live well, Stay well," making it easier for customers to own quality housing. This special campaign is designed for leading corporate welfare clients, including <\/span>20<\/span> organizations of <\/span>SCB<\/span>, who will receive exclusive benefits from both Pruksa and <\/span>SCB<\/span> when purchasing homes in Pruksa's projects, which include townhouses, single houses, and condominiums across <\/span>122<\/span> projects. The special privileges from Pruksa are offered in <\/span>3<\/span> tiers, as follows:

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Tier 1:<\/span><\/strong> Discounts of up to <\/span>2<\/span> million baht per project, along with various freebies such as free transfer fees, free common area fees, air conditioning, furniture, smart home devices in the house, and vouchers from <\/span>Clickzy<\/span>, among others (depending on each project's promotion, please inquire further at the <\/span>Sale Gallery<\/span>).

Tier 2:<\/span><\/strong> Additional discounts for partner companies of <\/span>10,000<\/span> baht on the house price for every <\/span>1<\/span> million baht (from the net price after deducting promotions).

Tier 3:<\/span><\/strong> Additional special discounts for corporate welfare clients in this campaign based on project types are as follows:

(1) Townhouse projects: 75 projects offering an additional 1% discount from the net price after deducting promotions from Tiers 1 and 2.

(2) Single house projects: 38 projects offering additional discounts ranging from 10,000 to 30,000 baht.

(3) Condominium projects: 9 projects offering additional discounts ranging from 10,000 to 20,000 baht.

Eligible corporate clients for these 3 tiers include Thai Cement Public Company Limited, Charoen Pokphand Foods Public Company Limited, SCB TechX Co., Ltd., Mahidol University, Bangkok Airways Public Company Limited, CP All Public Company Limited, Intouch Holdings Public Company Limited, Advanced Info Service Public Company Limited, True Corporation Public Company Limited, Card X Co., Ltd., GMM Grammy Public Company Limited, Siam Piwat Retail Holding Co., Ltd., Procter & Gamble Manufacturing (Thailand) Co., Ltd., Chevron Thailand Exploration and Production, Bangchak Corporation Public Company Limited, Namoo Life Plus Co., Ltd., Flash Express Co., Ltd., Osotspa Public Company Limited, Easy Buy Public Company Limited, and PTT Public Company Limited.

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Mr. Sakwat Ittisawat, Assistant Senior Manager of Direct Sales Channels at Siam Commercial Bank (SCB<\/strong>) added that the welfare loan campaign that SCB is collaborating with Pruksa on this occasion will help alleviate the burden and support customers in accessing housing loans and owning homes more easily. The bank considers the principles of responsible and fair lending as per the Bank of Thailand's guidelines while recognizing the importance of providing information to customers to ensure they borrow only what is necessary and can repay. Employees from the aforementioned 20 organizations who apply for and receive loan approval by September 30, 2024, will benefit from a special fixed interest rate of 2.99% per annum for up to 3 years, down from the normal interest rate of 3.64% per annum*, and will also be considered for a special loan amount of up to 110%* to cover home decoration expenses, with a faster loan approval process within 3-5 days. Additionally, customers can choose a repayment period of up to 30 years.

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Interested parties can find details about the campaign and a list of participating projects at https://www.pruksa.com/c/scb-x-pruksa<\/a> or call 1739.

*The actual interest rate ranges from 4.91% to 5.16% per annum, with the current minimum retail rate (MRR) for good retail customers at 7.30% per annum, effective from October 3, 2023. This is a floating interest rate that may change according to the bank's announcements. For more details, please contact the SCB Call Center at 02-777-7777.

**Maximum loan amount of 110%: The maximum loan amount is 100% of the collateral value based on the appraised price or the purchase price in the land department sales contract, whichever is lower, for the first home priced below 10 million baht (Contract 1), and an additional loan amount can be requested for furniture purchases up to 10%. The criteria for consideration are subject to the bank's conditions.