80 Percent of Applicants for Thailand’s Low-Cost Housing Rejected

Nearly 80% of loan applications for the State-owned Government Savings Bank low-cost housing scheme have been rejected.

80 Percent of Applicants for Thailand’s Low-Cost Housing Rejected

BANGKOK – As the Thai Baht continues it’s upward climb, tourism and exports are struggling, Thailand’s government low cost housing scheme is failing, causing developers to stall projects. The Junta government Pracharath Thai housing scheme, invited the private sector to develop residential projects targeting individuals with an annual income of 100,000 baht or less. Tenants […]