Mrs. Panadda Kajonsilp, Assistant Managing Director of LPN Development Public Company Limited (LPN) revealed that 2022 is a golden year for those who want to buy a home. due to government Renewal of measures to reduce transfer fees from 2% to 0.01% and mortgage fees from 1% to 0.01%, effective today-31 Dec 2022 and buyers can still borrow 100% from the Bank of Thailand (BOT) has announced a temporary easing of mortgage and other mortgage-related lending (LTV) regulations.
by specifying the ceiling of the loan ratio to the value of the collateral (LTV ratio) to 100% (can borrow at full collateral value) for home loans The collateral value is less than 10 million baht from the second loan contract onwards and in the case of the collateral value from 10 million baht or more. From the first loan agreement onwards, effective until December 31, 2022
“Both government measures can help homebuyers reduce their home purchase costs only in the part of reducing transfer and mortgage fees. This allows the buyer to reduce the cost of buying a house by 29,800 baht per million and still does not have to pay down payment, can borrow 100%, thus an opportunity for buyers in 2022, which the research team of LPN expects the real estate market In 2022, it is likely to grow by 10-15% compared to 2021, partly driven by the two measures,” said Panadda.
In order to support the government’s real estate stimulus measures, LPN has launched the Lumpini campaign “Big Shock, Reduce Building Lift, Sell One Price” to increase the chances of buying a house for Thai people. There are 3,700 units with a total value of 7,000 million baht, offering discounts of up to 2.44 million baht, starting at 940,000 baht in all locations across Bangkok, Pattaya, Cha-am and Udon Thani, and customers who book and contract. can win a special discount with a maximum value of 100,000 baht, starting today-28 Feb. 2022
The Lumpini campaign “Big Shock, Reduce Building, Sell One Price” is a campaign that brings condominiums to the original cost price. come to give a special discount To make it easier for buyers to own with a lower purchase cost. Suitable for buying for living and as an investment for rent. That yields an average yield of 4-7% depending on the location. LPN has set a sales target from the Lumpini campaign “Big Shock, reduce the building, sell for one price” at 2,000 million baht, which is part of the sales target. Total first quarter of 2022 at 3,000 million baht,” said Mrs. Panadda.
For all 17 projects, comprising 1) Lumpini Park Beach Jomtien 2) Lumpini Park Beach Cha-am 2 3) Lumpini Seaview Cha-am 4) Lumpini Ville Pranang Klao-Riverview 5) Lumpini Park Boromarajonani – Sirindhorn 6) Lumpini Park Phahon 32 7) Lumpini Park Petchkasem 98 8) Lumpini Park Vibhavadi – Chatuchak 9) Lumpini Place Ratchada – Sathu 10) Lumpini Place Rama 3 – Riverine 11) Lumpini Suite Din Daeng – Ratchaprarop 12) Lumpini Select Suthisan – Saphan Khwai 13) Lumpini Ville Phatthanakan – Srinakarin 14) Lumpini Ville Suksawat – Rama 2 15) Lumpini Ville Sukhumvit 101/1 – Punnawithi 16) Lumpini Township Rangsit-Klong 1 17) Lumpini Place UD-Posri Udon Thani Province
For more information, please contact LPN Call Center 02-689-6888 or Facebook: LPN Connect or LINE OA application at @LPNConnect.
