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