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GHB Launches Massive Home Auction Sale

GHB Launches Massive Home Auction Sale

Post by : Shakul

The Government Housing Bank (GHB) of Thailand has announced a major mid-year auction event featuring more than 12,000 pre-owned residential properties across the country. The special auction campaign is aimed at helping Thai citizens own quality homes at more affordable prices while also stimulating activity in the country’s real estate sector.

The auction, scheduled to take place on June 6, 2026, will include a wide range of residential and commercial properties such as detached houses, townhouses, semi-detached homes, condominiums, commercial buildings, and vacant land plots. According to GHB officials, buyers can receive discounts of up to 50 percent compared to normal market prices, making the event one of the largest affordable housing campaigns of the year.

A major attraction of the event is the bank’s special financing package. Customers who successfully win bids and sign purchase agreements between June 8 and June 19, 2026, will be eligible for a promotional home loan with a fixed interest rate of 0 percent for the first two years. The initiative is expected to reduce financial pressure on first-time buyers and middle-income families seeking homeownership opportunities.

More than 1,000 properties will be available in Bangkok and nearby provinces. One highlighted property includes a condominium unit in the Life Ratchadaphisek project located in Bangkok’s Huai Khwang district. The condo offers a living area of 31.74 square meters and carries a starting bid price of 3.06 million baht. The property is situated in a prime urban area with convenient access to transport and public facilities.

In regional provinces, over 11,000 additional properties will be offered during the auction. Among the featured homes is a semi-detached house in the Panacea Village project in Chonburi province with a starting bid price of 2.34 million baht. Another highlighted property is a detached house in the LTF Iceland 5 project in Nakhon Sawan province, listed with a starting bid of 2.285 million baht. Both homes are located near important amenities and developed residential communities.

GHB stated that all winning bidders will be required to place a security deposit before completing the transaction process. A deposit of 10,000 baht will apply to standard properties, while homes priced at 10 million baht or more will require a 100,000 baht deposit. The bank also announced that the first 60 highest bidders who complete agreements within the designated period will receive complimentary electrical appliances as special rewards.

The auction will run from 10:00 AM to 4:00 PM, while participant registration will begin at 8:00 AM. Auctions for Bangkok and nearby properties will take place at the GHB Head Office, whereas regional properties will be auctioned through provincial branches. Interested buyers can obtain additional details through the GHB Call Center, the GHB ALL HOME application, the official Facebook page, and the bank’s online property platforms.

May 26, 2026 11:14 a.m. 471

#Thailand News #Asia News #Real Estate news #Finance News

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