BAM Launches Initiative to Facilitate Homeownership with Foreclosed Properties

Bangkok: Buy a second-hand house from BAM. Safe, confident, and drama-free. BAM confirms that buying a home is “safe, confident, and drama-free.” No worries about transferring ownership. Selected properties worth no more than 3 million baht. Choose from a selection of houses, land, or condos. Direct installment payments to BAM. A low reservation fee of just one hundred baht. Low interest rates, 0% for the first year. Installments starting at 500 baht per month.

According to Thai News Agency, Dr. Rak Vorakitpokathorn, Chief Executive Officer of Bangkok Commercial Asset Management Public Company Limited (BAM), revealed that the “People’s Assets for Homeowners” project is an initiative that pushes boundaries to fulfill the dreams of homeowners. BAM has selected properties priced under 3 million baht nationwide for homeowners to choose from, including houses, land, condos, and commercial buildings. If you buy with cash, BAM has financial institution partners ready to consider financing. If you want to pay directly to BAM, they offer an attractive promotion: “A shocking reservation fee of just one hundred baht, low interest rates, 0% for the first year, and easy installments starting at just 500 baht per month.”

The Public Assets for Homes for the Struggling Generation project launched on October 1, 2025. In just one month, BAM helped 285 families own their own homes. By the end of December, it is expected that at least 700 more families will own BAM’s public assets. The success of this project represents a clear answer to balancing business and social profits. In terms of managing foreclosed properties, we can effectively offload these assets, reducing ownership costs. At the same time, we also help small businesses own homes under lenient conditions.

BAM understands that purchasing a home is a significant investment in life. Therefore, purchasing a foreclosed property from BAM offers the utmost security and safety. A foreclosed property (NPA) is an asset to which BAM has legally transferred ownership. Buyers can be confident that upon purchasing and receiving ownership transfer, they will definitely own the home, avoiding the risk of remortgaging or foreclosure.

Dr. Rak said, “BAM is proud that the Public Assets for Homes for the Struggling Soul project has been the starting point for fulfilling the dreams of small people, who have the ability to own their own homes and safely care for their families. BAM believes that the AMC business plays a crucial role in creating true economic, social, and quality of life sustainability for all stakeholders, from upstream to downstream.”