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At the beginning of the year, there was news that
S.P.K. land would be converted into title deeds — is it true?
The answer is yes… but!!!
Many people still misunderstand this issue.
What is it really about?
Let me break it down for you.
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First, let’s go back to
what S.P.K. land actually is.
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At first, S.P.K. land was restricted land owned by the state,
where no use was allowed at all.
But over time,
these lands started to deteriorate.
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So the government allocated this land
to low-income people,
or local residents in that area,
or Thai farmers who had no land to cultivate,
allowing them to use it legally.
This was called S.P.K. 4-01.
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This type of land could not be converted into a title deed.
It was only managed by the state,
as public land,
given to poor people to have farming land,
and provided with utilities suitable for agriculture.
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When the news came out that the government would convert S.P.K. land into title deeds,
it was just an adjustment of policy to align with state planning.
It didn’t mean it would become a title deed granting full ownership
or allowing benefits
such as trading freely like private land title deeds (Nor Sor 4 Jor).
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If we want to change state land
into private land,
a new Act or Royal Decree would have to be passed,
completely restructuring land law.
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Therefore, changing S.P.K. land into a title deed
means changing the name from S.P.K. 4-01
to "agricultural land title deed" only.
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But it’s not just a name change.
It also allows farmers
better access to financial sources,
the ability to transfer, trade, or dispose of the land,
all financial institutions accept it as mortgage collateral,
and it can be seized or auctioned.
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Moreover, both parties must meet the correct qualifications
when transferring land.
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The transfer, sale, or disposal
must be conducted at the S.P.K. office,
not at the Land Department.
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Because agricultural land title deeds
do not fall under the jurisdiction of the Land Department,
they still belong under the Agricultural Land Reform Office.
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Today, most people misunderstand that
once they hold S.P.K. land and convert it to a title deed,
it will become a private title deed
that can be traded at the Land Department.
So, investors who think about buying S.P.K. land to speculate for profit,
you might be disappointed.
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If you are a farmer,
with assets not exceeding 10 million baht,
and you have held the land for over 5 years,
then it can be considered for sale,
transfer, or disposal.
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For those looking to speculate for profit,
if your assets exceed 10 million baht,
you don’t qualify.
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There is also a limit on land ownership,
not exceeding 50 rai per person,
to prevent excessive concentration of land ownership.
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S.P.K. land can still be inherited
by heirs.
But today,
there are over 100,000 heirs
who have not yet declared their intention
to accept this inheritance.
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Because in the generation holding the land,
they secretly sold it to investors.
Therefore, any investor
who secretly bought S.P.K. land,
the state is currently inspecting and reclaiming it
for the heirs.
Investors, be careful not to lose your money for nothing.
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Anyone who still misunderstands,
please understand this clearly now.
Also, explain the correct understanding
to your relatives who are holding S.P.K. land.
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Parinwatch Knapakvorn (X)
Agent-few-fan of Huai Khwang land
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CEO of Matching Property Co., Ltd.
Specializing in selling / renting / mortgaging / selling with the right of redemption
"Only in Bangkok"
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Contact: 095-645-9656 (Pretty manager ready to serve)
or Line OA: @matchingproperty
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Join the discussion at
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