KTC sees the government’s extension of reduced property transfer and mortgage registration fees as giving homebuyers more financial breathing room at a time when the cost of homeownership increasingly extends beyond the property purchase itself. The measure cuts both fees to 0.01% for residential properties priced at up to THB 7 million, reducing one of the major upfront costs associated with buying a home.
Mr. Nattasit Soontranu, Head of Credit Card Marketing Division at Krungthai Card Public Company Limited (KTC), said “Buying a home is one of the biggest financial commitments a household makes, but the expenses do not end on transfer day. Once buyers take ownership, they still need to furnish the home, purchase appliances and cover other essential costs. Lower transaction fees give families more flexibility to manage these expenses without putting unnecessary pressure on household cash flow.”
KTC’s cardholder data show that consumers with stronger purchasing power continue to prioritize spending that supports long-term quality of life, including housing, health, education and travel. The trend is particularly evident among customers earning at least THB 50,000 per month and affluent customers, for whom housing remains an important financial goal and a key part of long-term family security.
“The value of the government measure lies not only in lowering the cost of buying a home, but also in giving households more choice over how to use the money they save. For some families, the savings can help cover essential move-in costs. For others, keeping that money as an emergency reserve may be the better decision. What matters is having greater liquidity after a major purchase and being able to manage the household budget without compromising longer-term financial stability.”
To address spending needs after a property transfer, KTC has brought together Home & Living privileges from participating partners nationwide, covering furniture, home appliances, home improvement products and home-related services. The company said the focus is on giving cardholders more flexibility in managing necessary expenses as they settle into a new home.
Mr. Apichet Supannarat, a land registration specialist at the Land Registration Standard Bureau, said “The reduction in transfer and mortgage registration fees provides direct relief because these are costs buyers must normally budget for when completing a property transaction. Reducing the fees to 0.01% lowers the amount buyers need to pay upfront and gives them greater flexibility at a time when they are managing several financial commitments. The savings can be used for essential home-related expenses or retained as a household reserve, helping ease financial pressure during the transition into homeownership.”
KTC said sustainable homeownership depends not only on being able to buy a property, but also on managing the costs that follow. By extending its Home & Living benefits to expenses associated with setting up a new home, the company aims to help members maintain financial flexibility beyond the transfer date.
More information on KTC Home & Living privileges is available on KTC’s website, through KTC PHONE at 02 123 5000, or at KTC TOUCH branches nationwide.
KTC credit cardholders should spend only as necessary and repay the full amount on time to avoid interest charges of 16% per year. KTC PROUD revolving loan customers should borrow only when necessary and within their repayment capacity. Interest rates range from 20% to 25% per year.