Three property groups seek urgent measures to revive Thai real estate

Key facts

• In 2026, the economy will also be affected by important factors such as the United States’ tariff policy and the war in the Middle East , as well as the conflict between Thailand and Cambodia that has continued from 2025.
• It was also found that commercial banks’ rejection rate for people seeking loans to buy homes had risen to 40–50% of loan applicants.
• Revenue generated by the Thai property sector accounts for about 8–9% of Thailand’s gross domestic product ( GDP ).
• This is because the sector is linked to many upstream and downstream industries, helps create more than one million jobs, uses domestic production inputs at a high level of 90%, and helps generate money circulating in the economy, creating
• The aim is to prevent transfers from falling below 316,000 units and ownership transfer value from falling below THB860 billion a year, the lowest level in eight years.
• The organisations asked for consideration of an extension of the measure, reducing ownership transfer fees from 2% to 0.01%, and mortgage registration fees from 1% to 0.01%, for property purchases and sales at all price levels, covering