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5 มีนาคม 2563Government Launches Earthquake Relief for Homeowners and Property Investors in Thailand
In response to the recent earthquake that struck Bangkok and surrounding regions, the Thai government has introduced a robust relief program focused on property recovery, housing rehabilitation, and financial support. This initiative is vital for both homeowners and real estate investors managing affected properties.
Ms. Sasikan Wattanajan, Deputy Government Spokesperson, emphasized the government’s commitment to accelerating recovery efforts and restoring residential stability across the impacted areas.
Key Financial Relief Measures for Property Owners
Homeowners and landlords can benefit from several government-backed relief options, including:
Housing Repair Compensation-Up to 49,500 baht per affected household for structural repairs, including cracked walls, ceilings, and foundational damage. Payments are based on actual damage costs.
Rental and Temporary Housing Assistance-For properties declared unsafe, rental support of 3,000 baht/month is available for up to 2 months. Ideal for landlords housing displaced tenants or families seeking short-term relocation.
Funeral and Injury Support-Families who lost loved ones are entitled to 29,700 baht, with additional compensation if the deceased was the household’s breadwinner. Injured victims can receive up to 13,300 baht for disability-related recovery.
Livelihood Recovery Funds-Property managers, landlords, or residents whose income was disrupted may apply for up to 11,400 baht in occupational support.
Application Guide for Homeowners and Real Estate Professionals
Applications must be submitted within 30 days of the incident. Forms are available through all 50 Bangkok district offices or the official Bangkok Metropolitan Administration (BMA) website.
Required Documents:
- Thai ID or valid passport
- House registration or condo deed
- Proof of ownership (land title or certification)
- Police report from the affected area
- Photographic evidence of property damage
- Completed victim assessment and application forms
Why This Matters for Real Estate Stakeholders
Whether you're a homeowner, real estate agent, or property investor, staying informed on relief processes is crucial for:
- Safeguarding property value
- Ensuring tenant safety
- Accessing timely funding for repairs
Government-backed programs like this help maintain long-term market confidence while ensuring communities rebuild quickly and fairly.