Thailand housing loan program reaches 34 billion baht in registrations

The “Baan Kon La Hang PLUS” housing loan program has seen significant public interest, with 11,430 applicants registering as of November 1, 2026. This represents 34,290 million baht in requested credit, or 68 percent of the project’s total 50,000 million baht framework.

Managed by the Government Housing Bank (GHB) and driven by the Ministry of Finance, the initiative aims to help low and middle-income citizens purchase or build homes valued at no more than 3 million baht. The program offers special interest rates starting between 2.60 percent and 2.80 percent for the first two years, with repayment terms extending up to 40 years.

Deputy Prime Minister and Minister of Finance Ekniti Nitithanprapas recently presided over the distribution of approved loans in Udon Thani province. The government expects the measure to stimulate economic activity in construction, materials, and employment. Interested citizens can register via the GHB Buddy application until December 30, 2030.