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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.
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.