Over 270, 000 sign up for new initiative
PUBLISHED: 9 Feb 2025 at 06: 15
About 270, 000 persons have registered for the president’s” Home for Thais” job since it was launched on Jan 17, the Transport Ministry reported on Saturday.
More than half of those candidates, or 140, 000 individuals, passed initial screening for a loan with the Government Housing Bank, according to Deputy Transport Minister Surapong Piyachote.
The task has already attracted a lot of attention because it aims to provide affordable housing to people with low incomes and recent graduates.
” From Jan 17 to Feb 4, the program’s website had a full of 75 million sessions, with 270, 000 people registering to participate”, he said.
On Vibhavadi Road in Bangkok, the place with the most filings. In Thon Buri in Bangkok, Muang region in Pathum Thani, and Muang region in Chiang Mai are also three well-known areas. The State Railway of Thailand ( SRT ) anticipates turning over the unused plots for development by the end of the year, according to him, and the projects will be located on those plots.
The Government Lottery Office will be tasked with running a raffle draw for the first step to ensure maximum transparency because each neighborhood has many registered voters who have met the enrollment requirements, he said.
In the four pilot sections, there will be a total of nearly 5, 000 products. In the subsequent phases of the lottery draw, he said, those who register but do not win the first phase will still be able to enter the strange draw.
In contrast, Mr Surapong said Stage 2 will start with about 10, 000 models, which would be followed by the third and fourth stages.
” The goal is that by 2025, there will be a total of 100, 000 products, and payments to those granted the right to live in them may start by 2026″, he said.
Big cities with deep groups will be the next development areas to be prioritized.
The project’s ultimate goal is to provide cheap accommodation that also makes it possible for people to walk to their jobs.
For instance, in Kanchanaburi, one area near Kanchanaburi Railway Station and another close Saphan Khwai Yai bus stop in Muang area have been earmarked for apartments, one homes, twin houses, and commercial buildings, with 1, 500 out of 4, 000 units completed by 2026, he said.
SRT Asset Company Limited, a subsidiary of the SRT, plans to increase its cash register from 200 million to 1 billion ringgit to support the project, which may generate some income from landlords and is regarded as risk-free, according to Mr. Surapong.