BANGKOK, 26 April 2019 (NNT) – Non-performing assets (NPAs), including second-hand houses, offered by the Government Housing Bank (GH Bank) have drawn interest from the general public. In 2018, the GH Bank sold second-hand houses with a total value of over four billion baht, higher than the target by 358 million baht. In the first quarter of this year, more than one billion baht worth of second-hand houses were sold and the bank will auction about 4,100 second-hand houses this Saturday (Apr 27).
The GH Bank President, Chatchai Sirilai, said the bank’s NPAs have been popular among the public because the bank has measures to ease their financial burden. People can visit ghbhomecenter.com to check out many second-hand houses and special deals at different events. The bank will run its NPA auction four times a year.
On Saturday, the GH Bank will auction about 4,100 houses, including detached and semi-detached houses, commercial buildings, apartments, and vacant land, at discounted prices. The auction of 854 NPAs in Bangkok and nearby provinces will be held at the GH Bank headquarters on Rama IV Road. The auction of 3,246 NPAs in regional areas will be held in different branches of the GH Bank nationwide.
Auction winners can enjoy the bank’s zero-percent interest instalment plan. The highest bidder can live in the house once they pay the price they submitted. For more information, please visit www.ghbank.co.th.
