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Central bank considering PM’s suggestions to ease financial burden
THURSDAY, AUGUST 01, 2024
Bank of Thailand discussing with credit card operators PM’s recommendation that minimum monthly repayment be reduced
Developers ask for support as Q2 property sales lowest in 12 years
THURSDAY, JULY 25, 2024
Bank of Thailand’s loan-to-value ratio regarded as major hindrance to buyers wanting to purchase a home
Developers beg BOT to ease loan measures as housing market slumps
THURSDAY, JUNE 06, 2024
Tight loan limits, and high interest rates keeping mid- and low-income sectors away, say property developers
Restoring mortgage limit will delay Thai property market recovery: Condo Association
TUESDAY, NOVEMBER 01, 2022
The Bank of Thailand’s plan to restore the loan-to-value (LTV) mortgage limit is a blow to the condominium market just as it was recovering from pandemic impacts, the Thai Condominium Association (TCA) warned.
Real-estate stocks sink further amid virus crisis
THURSDAY, APRIL 16, 2020
With the economy staggering under the cloud of Covid-19, the shares of 10 real-estate companies – namely ANAN, AP, LH, ORI, PSH, SIRI, LPN, QH, SC and SPALI – have dropped even further.
BOT eases loan to value ratio for homebuyers
MONDAY, JANUARY 20, 2020
The Bank of Thailand has relaxed conditions on home loans, aimed at supporting first-time homebuyers and those buying a second residence, said deputy central bank governor Ronadol Numnonda, adding that however, they must show a record of financial disciplines.
Central bank insists LTV measure helps regulate property prices
MONDAY, NOVEMBER 18, 2019
Applications for property loans in the third quarter witnessed a rise, which has led to the conclusion that the Bank of Thailand’s loan to value (LTV) ratio, which came into effect in April, does not prevent people from buying their first home, BOT assistant governor of financial institutions stability Ronnadol Numnonda said on Monday (November 18).
Property developers urge govt. to move up fee reduction, delay LTV
TUESDAY, OCTOBER 29, 2019
Referring to the Cabinet’s approval of the measure to cut transaction and mortgage fees for those purchasing a property worth no more than Bt3 million earlier this month effective from January 1 to December 24, 2020, Tritecha Tangmatitham, managing director of Supalai, said that the measure will be beneficial only if it came into force immediately rather than next year.
Property Perfect exec sees boost in property market within a year
MONDAY, OCTOBER 07, 2019
Chainid Adhyanasakul, chief executive officer of Property Perfect, said recently that the main factors bringing down the property demand this year are the global economic slowdown and domestic debt, though the loan to value (LTV) measure is helping the market grow sustainably.
Developers launch resale campaigns after homebuyers stranded by LTV curbs
SUNDAY, SEPTEMBER 22, 2019
For homebuyers looking for lucrative deals, this might be the time to invest when many property firms are launching special promotion campaigns to sell residential projects that could not be transferred to previous customers who could not get loans due to the new loan-to-value (LTV) regulations.
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