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Search Result for “condo supply”

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BUSINESS

BoT vows to maintain LTV regulations

Business, Somruedi Banchongduang, Published on 05/09/2020

» The Bank of Thailand has been closely monitoring property supply amid the slower pace of residential project sales, vowing to keep loan-to-value (LTV) regulations for mortgage loans unchanged.

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BUSINESS

Second mortgages fall hard after LTV curbs tame market

Business, Somruedi Banchongduang, Published on 11/10/2019

» Second and subsequent new mortgages, particularly for condo purchases, plunged 39% year-on-year in the three months to June after the central bank's tougher loan-to-value (LTV) regulations came into force in April.

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BUSINESS

BoT frets over condo supply risk

Business, Somruedi Banchongduang, Published on 11/01/2019

» The Bank of Thailand is concerned about the risk of weaker demand for condominiums from foreigners, Chinese buyers in particular, as the global economy slows, the central bank's chief says.

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BUSINESS

Analyst: Mortgage concerns not urgent

Business, Somruedi Banchongduang, Published on 29/09/2018

» Risks from overextended mortgage lending, which has the Bank of Thailand concerned, will not lead to the kind of systematic risk that snowballed into the Asian financial crisis in 1997, given that the majority of presales are real demand, says Kasikorn Research Center (K-Research).

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BUSINESS

Finance issues hit small players

Business, Somruedi Banchongduang, Published on 02/02/2015

» Small provincial property developers may struggle to get bank funding to finance residential projects as new, larger rivals blunt their competitiveness and erode their projects' viability.