Baan Kon La Lang PLUS 50bn Loan to Boost Real Estate Market

Prachachat•Economy•5d ago

Reader Briefing

The Cabinet has approved the 'Baan Kon La Lang PLUS' loan project by the Government Housing Bank with a total budget of 50,000 million baht.

•The Cabinet approved a 50,000 million baht loan project called 'Baan Kon La Lang PLUS' through the Government Housing Bank.
•Loan applications are open from October 15, 2026, to December 30, 2030, or until funds are exhausted.
•The project offers loans up to 3 million baht per person with a maximum repayment term of 40 years.
•The government expects the project to generate 125,000 million baht in economic circulation.

•The Cabinet approved the 'Baan Kon La Lang PLUS' loan project administered by the Government Housing Bank with a 50,000 million baht budget.
•The 'Baan Kon La Lang PLUS' project provides loans up to 3 million baht per person with a repayment period of up to 40 years.
•Interest rates for the first two years are 2.60% per annum for normal income criteria and 2.80% per annum for those granted income and cost-of-living relaxations.
•Loan applications for 'Baan Kon La Lang PLUS' are open from October 15, 2026, to December 30, 2030.
•The government expects the 'Baan Kon La Lang PLUS' project to create 125,000 million baht in economic circulation.
•Terdsak stated that weak purchasing power, high household debt, and rejection rates remain major obstacles for real estate recovery.
•Theeraseth noted it is too early to conclude that the measure will significantly restore the earnings of real estate companies.
•The Government Housing Bank will provide 'Baan Kon La Lang PLUS' loan services at the 50th House & Condo Expo from October 29 to November 1 at the Queen Sirikit National Convention Center.

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Mahattana Ampornpisit

"The Cabinet allowed this project until 2030, but we view that next year the 50,000 million baht limit will likely be reached."

โครงการนี้ ครม. ให้ทำถึงปี 2573 แต่เรามองว่า ปีหน้า น่าจะครบวงเงิน 50,000 ล้านบาท

Cabinet(คณะรัฐมนตรี)

The government body that approved the 'Baan Kon La Lang PLUS' loan project.

Government Housing Bank(ธนาคารอาคารสงเคราะห์)ℹ️

The financial institution providing loans under the 'Baan Kon La Lang PLUS' project.

PSH

A real estate company with a project portfolio aligned with the loan measure.

A real estate company with a project portfolio aligned with the loan measure.

SENA

A real estate company with a project portfolio aligned with the loan measure.

LALIN

A real estate company with a project portfolio aligned with the loan measure.

A real estate company identified as a top pick due to business strength and projected Q3/2026 profit growth.

SIRI

A real estate company identified as a top pick due to business strength and projected Q3/2026 profit growth.

SPALI

A real estate company identified as a top pick due to its target price and dividend yield.

DAOL Securities(บล.ดาโอฯ)

The research entity providing investment recommendations for real estate stocks.

Baan Kon La Lang PLUS(บ้านคนละหลัง PLUS)

A loan project with a 50,000 million baht budget to stimulate the real estate market.

Terdsak(นายเทิดศักดิ์)

An individual who commented on the obstacles facing the real estate market recovery.

Theeraseth(นายธีรเศรษฐ์)

An individual who cautioned that the measure is currently more suitable for short-term speculation.

Mahattana Ampornpisit(ดร.มหัทธนะ อัมพรพิสิฏฐ์)

The Managing Director of the Government Housing Bank.

Queen Sirikit National Convention Center(ศูนย์การประชุมแห่งชาติสิริกิติ์)ℹ️

The venue hosting the 50th House & Condo Expo.