Chiang mai: BAM is expanding its assets into the northern market, using "Public Assets" to assist low-income earners in owning homes. The company is boosting property sales by introducing over 1,800 outstanding properties in prime locations in the northern region at the Money Expo in Chiang Mai Province from November 7-9, 2015. Additionally, BAM will showcase assets from the Public Property Project, offering installments starting at 500 baht per month, with experts from the Mediation Center providing free assistance.
According to Thai News Agency, Dr. Rak Vorakitpokathorn, Chief Executive Officer of Bangkok Commercial Asset Management Public Company Limited (BAM), announced that BAM has prepared 1,827 properties in prime locations near cities and economic centers in the North, valued at over 6.424 billion baht, for sale at the Money Expo in Chiang Mai, the largest financial expo in the North. The event will feature special prices and the "Quick Transfer, Get it Now" promotion, which includes free transfer fees up to 900,000 baht per property and Home Pro gift vouchers worth up to 100,000 baht. Partner banks will offer loan assistance and specialized advice.
BAM aims to facilitate homeownership in the northern region by offering over 1,273 publicly traded properties priced under 3 million baht at the expo. This includes 670 properties priced under 1 million baht and 603 properties priced between 1 and 3 million baht. Buyers can make reservations starting at 1,000 baht, with monthly payments beginning at 500 baht over a 20-year period.
The financial terms include a 0% interest rate in the first year, followed by MRR BAM rates from the second year onward throughout the contract period. Since the project's launch on October 1, 2025, BAM has helped 285 families own homes, with expectations that at least 700 more families will acquire BAM public assets by the end of December.