The Thai government has officially extended its property stimulus measures, keeping transfer and mortgage fees slashed to 0.01% for another year. According to a Royal Gazette announcement published on July 1, 2026, the reduced rates will now remain in effect until June 30, 2027, as reported by Bangkok Biz News (in Thai).

The extension, originally drafted by the Ministry of Interior, is now fully active. The Land Department has confirmed its offices are ready to process property transactions at the discounted rates immediately, according to Thansettakij (in Thai).

What This Means for Foreign Buyers

For expats looking to buy a condo in Thailand, this extension offers substantial savings on closing costs at the Land Office.

To qualify for the reduced rates, your transaction must meet the following criteria:

• Eligible properties: The discount applies to condominiums and houses appraised at or below 7 million baht.
• Transfer fee: Reduced from the standard 2% down to 0.01%.
• Mortgage fee: Reduced from the standard 1% down to 0.01% (this primarily benefits buyers securing local financing, though most foreigners purchase in cash).
• Deadline: The transaction must be completed at the Land Office by June 30, 2027.

If you are currently negotiating a condo purchase, you no longer need to rush to close before the previous deadline. However, you must ensure your target property's official appraised value strictly falls under the 7 million baht threshold to qualify for the 0.01% rate.