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Bangkok Post
Bangkok Post
Business

Thai property tax cut beefs up supply

REIC

An extension of the property tax cut on transfer and mortgage fees this year, which includes second-hand homes, increased the housing supply offered in the market in the second quarter.

Vichai Virakapan, acting director-general of the Real Estate Information Center (REIC), said the number of second-hand homes nationwide offered for sale in the second quarter of the year totalled 162,716 units per month on average, worth a combined 996 billion baht.

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