Low-cost homes capped at B250m

Thailand’s Treasury Department estimates that investment in each low-rise condominium project with 500 units under the government’s cheap housing scheme will not exceed 250 million baht, its chief says.

Each condo unit with a 23-24-square-metre space will cost 500,000 baht, said Chakkrit Parapuntakul, director-general of the Treasury Department.

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