SAM Brings High-Potential NPAs from Across Thailand to Auction, Joins Forces with 6 Banks to Offer Special Loans

Suk Asset Management Company (SAM) is moving forward with its mission to 'deliver opportunities for Thais to start anew sustainably' by announcing an auction of non-performing assets (NPA) for early 2024. The auction features 25 high-potential properties across various locations nationwide, suitable for residential and investment purposes, with a total value of over 96 million baht. In 2024, SAM continues to focus on being a crucial mechanism for asset management to drive the country's economic growth. This auction has carefully selected second-hand properties with high potential, located in prominent areas, and aims to present them to those seeking housing and businesses looking to expand. The auction includes a diverse range of properties covering various needs: vacant land, townhouses, detached houses, commercial buildings, residential units, factories, and warehouses. A total of 25 items are available, with 24 properties priced under 20 million baht and one large property valued over 20 million baht. To facilitate funding, SAM has collaborated with six leading partner banks including Bangkok Bank, UOB, TTB, Kasikorn Bank, CIMB Thai, and Government Housing Bank. These banks will offer special housing and business loan conditions exclusively for SAM customers.