BAM Teams up with BMA in Expanding Customer Base to Government Officials and Personnel of BMA for Property Purchase at “BKK Housing Expo” during 8-9 May 2026

              BAM, AMC business leader, has forged ahead with the expansion of its government official customer base. It has partnered with Bangkok Metropolitan Administration (BMA) in supporting access to quality housing units under BAM’s “Public Property Plus” scheme at the “BKK Housing Expo” during 8-9 May 2026 at Gym II, Bangkok Youth Center (Thai-Japanese), Din Daeng, which offers exclusive privileges like booking of each housing unit with a deposit of only 1,000 baht, interest rate of 0% in the first year, installment payment starting from only 500 baht/month, and no checking of credit bureau status.   

              Today (8 May 2026), Dr. Rak Vorrakitpokatorn, Chief Executive Officer of Bangkok Commercial Asset Management Plc. (BAM), has signed a Memorandum of Understanding (MOU) with Bangkok Metropolitan Administration (BMA) by Assoc. Prof. Dr. Monton Janjamsai, Chairman of Executive Committee, Housing Development Office, to support housing access by BMA officials, along with promoting optimization of NPAs for the maximum benefits to the economy and the society.  

              Dr. Rak Vorrakitpokatorn said that this collaboration has reaffirmed BAM’s consistent implementation of its business partnership strategy by joining forces with customers in the government official segment. This will enhance income-generating asset portfolio for BAM and reduce the NPA holding period. The cooperation with BMA will bring about additional business opportunities, expand the customer base, increase asset sales channels and volume from sales of single houses, townhouses, condominium units, commercial buildings, and empty land. Besides the MOU execution, BAM has brought and offered for sales more than 21,000 property items worth over 32,000 million baht under its Public Property Plus scheme for homes of government officials at the “BKK Housing Expo” during 8-9 May 2026 at Gym II, Bangkok Youth Center (Thai-Japanese), Din Daeng, at the price of up to 5 million baht per unit in diverse locations nationwide, with provision of promotional benefits to BMA officials, i.e., housing unit booking with a deposit of only 1,000 baht, interest rate of 0% in the first year, installment payment starting from only 500 baht per month, and no checking of credit bureau record, as well as special interest rates from partner financial institutions.         

              This MOU execution marks a significant step for BAM in strengthening business capabilities through the synergy of both organizations. BAM has also planned to further expand collaboration to officials of other state enterprises, and is fully equipped to foster cooperation with alliances across all sectors. The Company seeks to turnaround NPAs not only to become assets of value, but also to create opportunities and returns to all parties concerned. The Company is also committed to assisting 3,000 families through the Public Property Plus so that more than 10,000 people have homes of their own. This will eventually lead to a sustainable future for all Thai people.