Thailand's Cabinet has approved 439.225 million baht for four low-income rental housing projects delivering 596 units in Sakon Nakhon, Phuket, Loei and Narathiwat.
Social Development and Human Security Minister Nikorn Somklang announced the decision on 29 September 2026, saying the scheme is intended for people unable to buy a home or access standard rental accommodation on the open market.
The investment includes 102.301 million baht in domestic borrowing and 336.924 million baht in government subsidies. The National Housing Authority (NHA) will run the projects, which are described as part of the 2024 low-income rental building programme.
The government said it wants to improve housing security, reduce inequality and widen access to quality homes, particularly for low-income people, older residents, civil servants and those starting work.
Four pilot sites and indicative rents
NHA governor Thaipong Wichadit said the four developments have been designed under universal-design and environmentally friendly principles. Apartments will be about 28 square metres, with designs adapted to local conditions and the needs of intended residents.
In Sakon Nakhon, the NHA will build a four-storey block with 146 units on around 2.48 rai. Initial monthly rent is expected to be about 2,080 baht.
The Phuket project will be in Kathu, where a five-storey building with 44 units is planned on around 0.49 rai. The initial rent is set at about 3,140 baht per month.
Loei will receive a six-storey building containing 75 units on around 1.02 rai, with preliminary rent of about 2,630 baht monthly. The largest development, in Narathiwat, will have 331 units in a five-storey building on around 6.31 rai, with rents initially ranging from about 2,500 to 5,000 baht a month.
Funding and state land arrangements
The Budget Bureau will allocate the government subsidy, while the Public Debt Management Office will secure the loan funding. The Finance Ministry will guarantee the 102.301 million baht loan.
Cabinet also approved multi-year budget commitments of 336.924 million baht. The NHA board may transfer investment funds between the four sub-projects, provided this does not affect their main objectives or overall budget.
The Treasury Department will lease state land to the NHA at a concessional rate for 30 years. If the authority retains the same purpose when the lease expires, the existing land-rent rate may be considered for continuation.
Thaipong said the projects would make better use of NHA resources and provide housing options for people with limited incomes in areas where affordable homes are needed.
Picture courtesy of National Housing Authority
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30 September 2026
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