Government Housing bank Unveils Financial Opportunities in Southern thailand
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Surat Thani, Thailand – August 21, 2025 – Government Housing Bank (GH Bank) is extending financial access to residents of southern Thailand with the 11th installment of its “Thailand Smart Money” event. The initiative, running from August 22-24, 2025, at Central Surat Thani, features attractive home loan rates, high-yield savings options, and discounted property sales.
Strategic Financial Access for Southern Thailand
Kamonphop Wirapapha, Managing director of GH Bank, emphasized the bank’s commitment to providing convenient financial services to communities in the south. The “Thailand Smart Money Surat Thani no. 11” event is designed to broaden access to these services and stimulate economic growth in the region.
Home Loan Options
GH Bank is offering a range of home loan products with competitive interest rates. Key offerings include:
- Land and Building Loans: Customers financing construction on owned land can secure an initial interest rate of 0.89% per year for the first six months, rising to 2.89% for months 7-12, 3.39% in year two, and 3.70% in year three. Average rate for the first three years is 2.99%.Welfare customers benefit from rates of MRR -1%, small customers MRR -0.50%, and buyers MRR.
- Happy Home Loan 2025: Refinancing options with a first-year interest rate of 0.99% are available for those consolidating mortgages from other institutions. Subsequent rates are 3.50% in year two and 4.20% in year three, averaging 2.90% for the first three years.
- Welfare Home Loans: Designed for eligible welfare recipients, these loans offer rates of 2.30% in year one, 2.90% in year two, and 3.50% in year three, averaging 2.90%. Installments can be as low as 3,200 baht per month.
- Loans for Residences: For purchasing, building, or renovating properties, rates start at 2.50% in year one, 3.10% in year two, and 4.00% in year three, averaging 3.20%.
Did You Know? The Mortgage Rate Ratio (MRR) of GH Bank is currently 6.245% per year, serving as a benchmark for many of these loan products.
Savings and Investment Opportunities
GH Bank is also promoting its savings lottery options, offering attractive returns and prize opportunities:
- Sor. Sor.: A three-year lottery with a 0.75% annual return, offering a top prize of 3 million baht monthly.
- Sor. Sor. Sor.: A two-year lottery with a 1.25% annual return, featuring a 3 million baht monthly grand prize.
Pro Tip: Booking rights to these savings lotteries via LINE GHB BUDDY between August 22-24, 2025, can unlock exclusive gift vouchers.
Discounted Property Sales
The event will showcase over 600 secondhand properties from Surat Thani and surrounding areas, with discounts of up to 50%. properties range in price from 305,000 baht for a one-story detached house in kanchanadit district,Surat Thani,to 9,700,000 baht for a larger detached house in Hua Hin,Prachuap Khiri Khan Province. The first ten customers to reserve a property at the event will receive a 1,000 baht voucher.
| Loan Type | Initial Interest Rate (Year 1) | Maximum Loan Term |
|---|---|---|
| Land & Building | 0.89% | 40 years |
| Happy Home Loan 2025 | 0.99% | 40 years |
| Welfare Home Loan | 2.30% | Variable |
| Loans for Residences | 2.50% | Variable |
What factors influence your decision when choosing a home loan? Are attractive initial rates or long-term stability more notable to you?
The event is scheduled to run from August 22-24, 2025, at Central Surat Thani. Further details are available at all GH Bank branches, via the GH Bank Call Center at 0-2645-9000, on the bank’s Facebook page, and through the GHB ALL GEN and GHB ALL HOME applications.
Corporate Communications Department
August 21, 2025
Contextual Background: Thailand’s Housing Market
Thailand’s housing market has experienced fluctuations in recent years, influenced by factors such as economic growth, tourism, and government policies. GH Bank plays a crucial role in supporting affordable housing initiatives and promoting financial inclusion, particularly in regional areas. The “Thailand Smart Money” events are a key component of this strategy, aiming to connect potential homeowners with accessible financing options. According to the Bank of Thailand, household debt remains a concern, highlighting the importance of responsible lending practices and financial literacy programs [Bank of Thailand].
Frequently Asked Questions
- What is the “Thailand Smart Money” event? It’s a promotional event by GH Bank offering special deals on home loans, savings products, and properties.
- What are the eligibility requirements for the welfare home loans? These loans are available to customers who have agreements with the housing loan welfare project.
- Where can I find a list of available secondhand properties? You can view the listings on the GHB ALL HOME submission or at www.ghbhomecenter.com.
- What is the MRR rate? The Mortgage rate Ratio (MRR) is a benchmark interest rate used by GH Bank for various loan products, currently at 6.245% per year.
- How can I reserve a spot in the savings lottery? Reservations can be made via LINE GHB BUDDY between August 22-24, 2025.
We hope this details is helpful! Please share this article with anyone who might benefit from these financial opportunities. Feel free to leave a comment below with your thoughts, and don’t forget to subscribe to our newsletter for more insightful financial news.
