What are the costs associated with transferring ownership of a condo worth 2 million THB in Thailand?

The cost to transfer ownership of a condo in Thailand is typically 2% of the appraised value, usually shared equally between the buyer and seller. For a condo valued at 2 million THB, this would amount to approximately 40,000 THB, or 20,000 THB per party. However, there has been a temporary reduction in the transfer fee to 0.01% for a limited time.