The plan will be submitted to the Cabinet for approval, said Paopoom Rojanasakul, reports Bangkok Post, citing a Reuters report.
Last week, Deputy Finance Minister Mr Paopoom said the real estate stimulus measures would target both demand and supply, aiming to prod both property buyers and developers to create a comprehensive impact.
He said new stimulus measures were needed because the existing ones were fully utilised.
The Finance Ministry recently used state financial institutions, such as Government Housing (GH) Bank, to support real estate stimulus.
In April, GH Bank launched a low-interest loan programme called ‘Happy Home’ with a total loan amount of B20bn.
This scheme offered flexible lending conditions to help low-income individuals access mortgages, with a maximum loan amount of B3 million per person and a fixed interest rate of 3% for the first five years.
However, this programme reached its loan limit.