Bangkok: The Real Estate Information Center revealed the “Quick Big Win” measure, which reduces transfer and mortgage fees to 0.01% and lowers interest rates, boosting ownership transfers by 13.1%. New loans increased by 9.5%, and ownership transfers for homes under 1 million baht increased by 37%.
According to Thai News Agency, Mr. Kamolpop Virapala, Managing Director of the Government Housing Bank (GHB) and Acting Director of the Real Estate Information Center (REIC), revealed that the housing market showed signs of continued recovery in the third quarter of 2025. This was due to the government reducing transfer and mortgage fees to 0.01% for homes priced up to 7 million baht. The relaxation of LTV regulations and the low policy interest rate led to an increase in housing loans. Nationwide, the number of transfers of all types of housing units in the third quarter reached 84,397 units, a 9.1% increase, valued at 226.166 billion baht, a 7.7% increase.
This included the transfer of ownership of 57,581 horizontal residential units, a 6.7 percent increase, valued at 164.06 billion baht, or a 4.7 percent increase. The transfer of ownership of 26,816 condominium units increased by 14.8 percent, valued at 62.106 billion baht, or a 16.4 percent increase. The increase occurred at all price levels, particularly for newly built homes priced below 1 million baht, which saw a 37 percent increase in ownership transfer rates. Meanwhile, second-hand homes priced between 5.01 and 7.50 million baht saw a 14.1 percent increase in ownership transfer rates compared to the previous quarter.
The top 10 provinces with the highest transfer values in Q3 2025 were Bangkok, Chonburi, Samut Prakan, Nonthaburi, Pathum Thani, Phuket, Chiang Mai, Rayong, Nakhon Ratchasima, and Khon Kaen. Three provinces experienced year-on-year (YoY) growth in both number of units and value in Q3: Phuket, Rayong, and Nakhon Ratchasima, all of which are areas with potential for tourism and industrial investment. Meanwhile, in the first nine months of 2025, only Phuket, Rayong, and Nakhon Ratchasima experienced year-on-year (YoY) growth in transfer units.
Mr. Kamolpop added that although accumulated residential property transfers have contracted recently, the government’s “Quick Big Win” measures, such as stimulating domestic purchasing power through the “Half-Half Plus” program, stimulating domestic tourism through individual tax measures to support tourism, accelerating government disbursements, and clean energy projects, are expected to be positive factors for the real estate sector and the overall economy. This will lead to a recovery in the number of residential property transfers nationwide in Q4 2025. Transfers are expected to reach 95,484 units, a 13.1% increase from Q3 2025, valued at 255.632 billion baht. New personal home loans in Q4 2025 are expected to reach approximately 160.775 billion baht, a 9.5% increase from Q3 2025 (QoQ).