Three Real Estate Associations officially opened the 46th Housing and Condo Expo, uniting over 150 exhibitors and more than 1,000 projects, along with numerous leading financial institutions, to stimulate the Thai economy. This event stands as the premier Thailand Number One Real Estate Expo, confidently expected to generate no less than 20 billion baht in economic activity as we close out the year. The opening ceremony was honored by Mr. Pichai Chunhawan, Deputy Prime Minister and Minister of Finance, who presided over the event. The expo will take place from October 31 to November 3, 2024, from 10:00 AM to 8:00 PM at Hall 5, LG Floor, Queen Sirikit National Convention Center.

Mr. Pichai Chunhawan, Deputy Prime Minister and Minister of Finance, stated during the opening ceremony, "The Housing and Condo Expo organized by three associations, namely the Thai Real Estate Association, the Housing Business Association, and the Thai Condominium Association, has been held numerous times. Despite facing various economic challenges, we have reached the 46th edition, demonstrating the strong collaboration and continuous efforts of our members to foster growth in the real estate market and the country's economy. We remain committed to providing opportunities for Thais to have quality homes. This year, while the main issue facing Thais is high-interest rates, we see a collective effort from the private sector and leading financial institutions to lower rates, prompting the government to remain proactive as a key player in this sector."

"The government recognizes that the Thai real estate sector is crucial to the national economy, contributing up to 5% of the Gross Domestic Product (GDP). In 2023, it achieved the highest GDP contribution, with a total industry value of approximately 1.1 trillion baht. Although the current real estate business situation is not bright, the Ministry of Finance has continuously supported the sector through initiatives like the Happy Home loan program, which has fully allocated 20 billion baht, and the Happy Life loan program, which has disbursed 18 billion baht with positive feedback. Recently, we are preparing to submit a Cabinet resolution to consider measures to stimulate the real estate sector through low-interest loans for buying, renovating, and building homes and condos, totaling 55 billion baht. This aims to assist low-income citizens in accessing affordable housing loans and improving their homes. If approved, these measures will serve as another government initiative to stimulate the economy and bring positive momentum into early next year," Mr. Pichai added.

Mr. Thirachon Thanetdeshunsorn, Chairman of the Organizing Committee for the 46th Housing and Condo Expo, revealed that this expo is the largest housing exhibition in the country, with the private sector and financial institutions coming together to drive the economy. The recent interest rate cuts by the Bank of Thailand will immediately boost consumer confidence, making it a timely event for the 46th Housing and Condo Expo. This will benefit the participating exhibitors, showcasing over 1,000 projects, and enable Thai consumers to have purchasing power as we approach the end of the year, with expectations of generating up to 20 billion baht in the real estate sector.

The 46th Housing and Condo Expo features over 150 exhibitors and more than 1,000 projects, including single-family homes, townhouses, condominiums, and more, covering all types, prices, and locations. Additionally, this event brings together numerous leading financial institutions such as Government Housing Bank, Kasikorn Bank, Siam Commercial Bank, Krung Thai Bank, Government Savings Bank, and Bangkok Bank, all offering special promotions with exclusive interest rates for attendees. For those looking for housing, this expo presents the best opportunity in the final stretch of 2024.

The 46th Housing and Condo Expo is a comprehensive event focused on housing under the concept of “Thailand Number One Real Estate Expo.” We have long been a leader in organizing real estate events, catering to the needs of all customers, regardless of their generation. In addition to showcasing numerous attractive projects for purchase and investment from across the country, we also have suppliers of construction materials available to provide advice on construction, renovation, and home decoration for attendees.

As for the promotions at the 46th Housing and Condo Expo, the three organizing associations have prepared exciting offers for those who book housing at the event, including chances to win gold and popular electrical appliances from Panasonic, with a total value exceeding 800,000 baht, along with many other giveaways for those who make purchases during the four-day event.

The 46th Housing and Condo Expo will take place from October 31 to November 3, 2024, from 10:00 AM to 8:00 PM at Hall 5, LG Floor, Queen Sirikit National Convention Center. Interested participants can register online in advance at www.housecondoshow.com or follow additional details on Facebook at housecondoshow - Housing and Condo Expo, Instagram at housecondoshow, or Line @housecondoshow to easily and quickly receive information about projects and promotions from exhibitors.