SET-Listed Thai Developers Sought For Interest Rates Cut
Sena Development Plc and Sansiri Plc, two developers with SET listings, will speak with banking institutions in an effort to lower the interest rate on mortgage loans for purchasers of energy-efficient homes sale in Thailand, estimated between 0.5% and 1% in the first half of the year 2023.
Sena Development’s managing director, Kessara Thanyalakpark, asserted that financial assistance in the form of low-interest housing loans might persuade people and homebuyers to select energy-saving homes, which are generally slightly more expensive than regular homes.
Climate change is one of the key challenges facing not only developers but everyone around the world. The first place to start with changes is at your home. Energy-saving homes are not only about environmental issues but economic issues as for a country like Thailand has to import energy.
For instance, a house with solar panels put on the roof will cost between 10% and 15% more than a house without them.
Sena plans to adopt the zero energy housing (ZEH) model from Japan by learning from its Japanese developer partner Hankyu Hanshin Properties Corp for residential developments in Thailand.
There are three ways to construct homes that use no energy at all: passive designs, energy-efficient technology, and renewable energy production on-site.
Kessara Thanyalakpark continues by stating “If we can generate enough electricity at home from clean sources like solar energy to cover our needs, which can be further decreased by using passive designs and increasing the use of energy-saving functions in each homes”.
Sena will modify the ZEH model to account for Thailand’s conditions, though, and charge a reasonable price to entice purchasers to choose the “greener” alternative.
Thailand Property FAQ
Can foreigners buy property in Thailand?
Yes. Foreigners can own condominium units freehold, as long as foreign buyers hold no more than 49% of the building's saleable area. Land cannot be owned directly by foreigners; houses are usually held through a 30-year lease — and since a March 2025 Supreme Court ruling, automatic “30+30+30” renewal structures are not enforceable beyond the first 30 years. Read the full foreign-ownership guide.
What is Thailand's 49% foreign quota?
In any condominium project, no more than 49% of the total saleable floor area can be foreign-owned. The quota applies only to condos — not houses, land or leaseholds — and popular buildings in Bangkok, Phuket and Pattaya can hit the cap. How the quota works in practice.
How much are property transfer fees in 2026?
The transfer registration fee is cut to 0.01% (from the standard 2%) and the mortgage registration fee to 0.01% (from 1%) for purchases where both the price and assessed value are 7 million baht or less — extended by the Cabinet on June 30, 2026. On a 6-million-baht home that saves around 120,000 baht. Who qualifies for the cut · Standard fees & who pays what.
Is it better to rent or buy in Thailand as an expat?
It mostly depends on your time horizon: for stays under roughly five years renting usually wins once transfer costs and resale friction are counted, while longer stays can favour buying — especially with 2026's reduced fees. The rent-vs-buy maths for expats.
How much does property cost in Thailand?
A little over 2 million baht buys a freehold one-bedroom condo in central Chiang Mai — the same budget covers only a studio in Bangkok's CBD. Prices vary sharply by region and city. Average prices by region, and what they buy you.
What taxes do property owners pay in Thailand?
Owners pay the annual land and building tax, and rental income is taxable; buyers and sellers split one-off costs like transfer fees, stamp duty or specific business tax depending on the deal. The go-to guide to Thai property taxes.
Latest Thailand News
Follow The Thaiger on Google News:
