BANGKOK, Thailand – Thailand’s Cabinet has approved a major reduction in property registration fees to 0.01 percent for housing transactions, aiming to ease financial burdens on homebuyers and stimulate activity in the real estate sector. Government spokesperson Ratchada Thanadirek announced on June 30, that the measure applies to both ownership transfers and mortgage registrations for residential properties under the new 2026 housing support scheme. The policy follows a similar temporary reduction implemented in 2025 and is designed to support individuals purchasing both new and second-hand homes while helping sustain momentum in the property market.
Under the new measures, transfer and mortgage registration fees will be reduced from 2 percent and 1 percent respectively to just 0.01 percent for eligible properties valued at up to 7 million baht.
The scheme covers houses, townhouses, commercial-residential buildings, and condominium units, with the goal of boosting housing affordability and supporting broader economic stability. Officials said the policy is expected to stimulate over 540 billion baht in property transactions annually and contribute to increased investment across related industries, while also supporting economic growth. The Cabinet also instructed relevant agencies to consider compensation for local administrative bodies that may lose revenue as a result of the reduced fees. The measure will take effect upon publication in the Royal Gazette and remain in place until June 30, 2027.
