Auction of houses and land to start next week.

Jun. 2--The Legal Execution Department will auction houses and land plots in Pathum Thani and Samut Prakan next week, with prices starting at 50-80 percent of their appraised values.

The department, in co-operation with the Global Thai Property Mutual Fund and Palarp Property Management Co Ltd, will auction over 150 properties, with a combined value of 150 million baht this month, according to Annop Senasuttipan, marketing director of Capital Advisory Services (Thailand) Co Ltd, the operator of an asset management unit known as Property Choice.

The auction comes in three sessions. The first, consisting of over 47 houses and plots in the Thanyaburi area worth …