Showing 1 - 3 of 3
Examining the crux of the credit crunch
Business, Kanana Katharangsiporn, Published on 18/10/2025
» Thailand's residential property sector is grappling with a severe credit crunch, as mortgage rejection rates have surged to an unprecedented 80% this year, up sharply from around 30% during the pandemic, according to developers.
Mortgage terms may be extended
Kanana Katharangsiporn, Published on 10/07/2024
» The Ministry of Finance is planning to hold discussions with commercial banks about the possibility of extending the home loan repayment period to a maximum age of 85 among borrowers in an effort to stimulate local demand amid the economic slowdown.
Developers urge relaxed home loan rules
Online Reporters, Published on 02/06/2016
» The government should help home buyers to get mortgage loans more easily as tough loan approval criteria are obstructing housing demand despite strong purchasing power, Anant Asavabhokhin, chairman of SET-listed developer Land & Houses Plc, said on Thursday.