by Select Sales Center Property 
Energy-saving houses (greenhouses) or energy-saving buildings (green buildings) are a trend that is increasingly being talked about following the ESG trend or innovations that are sustainable and environmentally friendly. This can be seen in houses or buildings that are newly constructed or even already built that have been redesigned and renovated to be in line with this concept, which not only helps reduce costs but also helps reduce energy consumption, saving energy in the long term sustainably.
What is a greenhouse or green building?
Green Home or Green Building is a concept in designing, constructing, and operating buildings that emphasize energy conservation and reducing environmental impact.
By efficiently using various resources, designing structures selecting appropriate materials, and giving importance to reducing energy use by turning to renewable energy, as well as using modern technology, improving home design to use energy efficiently, and creating an environment that is good for the health of the residents.
5 Important Principles of Energy-Saving Homes
Nowadays, if you are thinking of buying a house or renovating your house according to the trend of green or energy-saving homes, there are principles that you should consider as follows:
- Energy saving
Use energy efficiently, such as installing insulation, using LED bulbs, and designing a house that reduces energy consumption from air conditioners and electrical appliances. - Water efficiency
Install water-saving devices, such as water-saving showerheads and faucets, and a rainwater management system for reuse. - Selecting environmentally friendly construction materials
Use materials that have a low impact on the environment from production and transportation, such as Forest Stewardship Council (FSC) certified wood https://fsc.org/en or recycled materials. - Waste management
Designing an effective waste management system and promoting recycling and reuse. - Creating a healthy environment
Designing a house with good ventilation and using non-toxic materials to create a safe and healthy indoor environment.
Why is an energy-saving home important?
The main reasons why energy-saving homes are gaining attention are as follows:
- Reduce long-term costs. Although there may be a higher initial cost, energy conservation and water efficiency will help reduce costs in the long run.
- Reduce environmental impact. Energy-efficient homes reduce greenhouse gas emissions and the use of natural resources.
- Improve quality of life. A better and healthier environment for residents.
Introducing 5 energy-saving home loans
Currently, many banks support energy-saving home loans, buying a new home in a participating project wanting to renovate a new home, or installing a Solar Roof.
| Bank | Loan Campaign | Maximum Loan Amount | Maximum Installment Period |
|---|---|---|---|
| Kasikornbank | Green Home Loan, Save the World | 110% of Purchase Price/Appraisal Price | 30 Years |
| Government Savings Bank | GSB Green Home Loan | 110% of the purchase price/appraisal price | 40 years |
| Government Housing Bank | Home Loan No. 5 2024 | According to collateral/income criteria | 40 years |
| Bangkok Bank | Bua Luang Poonphol Green Loan | 80-90% of appraisal price | 10 years |
| Bank of Ayudhya Public Company Limited | Krungsri Home for Cash Loan for Solar Roof Installation | 85% of the appraised price | 30 years |
1. Kasikornbank Green Home Loan, Save the World
Buy a new home, an eco-friendly home, an energy-saving home from a leading real estate development company, receive a special interest rate starting at 1.99% for the first year, free collateral appraisal fee (3,000 baht)
Maximum loan amount, not exceeding 110% of the purchase price or not exceeding 110% of the collateral appraisal price (according to the conditions set by the bank)
Loan period, maximum repayment period not exceeding 30 years, including the borrower’s age not exceeding 70 years
Project period For customers who apply for a home loan campaign “Green Home Loan” from July 1 – September 30, 20244, and register a mortgage by October 31, 2024
2. Government Savings Bank GSB Green Home Loan
Buy a residence from a real estate development company specified by the bank, where the residence is designed to save energy and be environmentally friendly, or a residence with a solar cell or solar rooftop installed, with a maximum loan amount of 110% and a maximum installment period of 40 years.
The maximum loan amount is to acquire a residence, including additional loans to purchase furniture, decorate the house, or other necessities for moving in, and additional loans for life insurance premiums to insure the loan and/or fire insurance premiums, with a total maximum of 110% of the purchase price or the property appraisal price, whichever is lower.
This is in accordance with the bank’s criteria.
Project period: From today – December 30, 2024
Loan period
- In the case of a loan to procure a residence, it must not exceed 40 years, and when the borrower’s age is combined with the loan repayment period, it must not exceed 70 years.
- In the case of an additional loan to purchase furniture, decorate the house, or other necessities for living, it must not exceed 40 years. However, it must not exceed the loan repayment period in the case of a loan to procure a residence.
- In the case of an additional loan for life insurance to insure the loan and/or in the case of an additional loan for fire insurance premiums, it must not exceed 30 years.
3. Government Housing Bank, Home Loan No. 5, Year 2024
Buy a house in a housing project (FT/LTF/SFT/RFT/BZP) that has been certified as a house number 5 by the Electricity Generating Authority of Thailand or build a house using the bank’s energy-saving house model that has been certified as a house number 5 by the Electricity Generating Authority of Thailand.
Currently, real estate entrepreneurs are participating in the House Number 5 project with the Electricity Generating Authority of Thailand, including Supalai Public Company Limited, AP Thailand Public Company Limited, and Quality Houses Public Company Limited.
Maximum loan amount
- The loan amount based on collateral criteria shall be in accordance with the loan operating regulations.
- The loan amount based on income criteria shall be in accordance with the loan operating regulations.
- Project duration
- The loan application submission period is from today until December 30, 2024.
- The approval period and legal procedures are set by December 30, 2024.
The loan period is not less than 3 years and not more than 40 years. The borrower’s age plus the loan period must not exceed 70 years, except for judicial officers, prosecutors, or others whose retirement age is more than 60 years, in which case the borrower’s age plus the loan period must not exceed 75 years.
4.Bangkok Bank, Bua Luang Poonphol Green Loan
Borrow to improve your home in an environmentally friendly way, energy-saving home, using technology or innovation in the form of clean energy and renewable energy, or using the principles of designing homes for the elderly/disabled
Borrow only as necessary and repayable. The actual interest rate throughout the contract period is between 6.05% per year and 6.3% per year. The MRR interest rate on April 29, 2024, is 7.05% per year, while the floating interest rate can be increased or decreased.
Maximum loan amount, high credit limit, easy repayment, up to 10 million baht and 100% of the cost value, up to 80-90% of the appraised price, fixed monthly payments throughout the contract period.
Loan period Up to 10 years of the borrower’s age, including the maximum loan period, not exceeding 65 years.
5. Bank of Ayudhya, Krungsri Home for Cash loan to install Solar Roof
Bring your residences, such as single-family homes, twin houses, townhouses, townhomes, condominiums, and commercial buildings, to apply for a loan to install Solar Roofs, supporting the creation of clean energy, energy-saving homes for a green world and sustainable electricity savings
Lowest interest rate, average 5.90% per year for 3 years* Free! Property survey and assessment fee, worth 3,210 baht (May 1, 2024 – August 31, 2024)
*According to the bank’s announcement on October 6, 2023, MRR interest rate = 7.40% per year
In addition, there are special privileges for those who use a salary account through the Bank of Ayudhya, receiving a special first-year interest rate discount of 0.25% from the normal interest rate.
Maximum loan amount, maximum credit limit of 85% of the appraised price
Loan period, repayment period up to 30 years (the repayment period combined with the borrower’s age must not exceed 65 years)
