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Condo ruling could affect financing
Business, Kanana Katharangsiporn, Published on 11/08/2023
» The Ashton Asoke case, in which the condo was ordered to have its construction permit revoked, will have an impact on property developers who depend on issuing debt instruments and securing loans for funding, as lenders are becoming more hesitant, according to developers.
Furore over LTV rules continues
Business, Kanana Katharangsiporn, Published on 22/10/2018
» The Bank of Thailand's new requirements meant to improve mortgage lending quality and curb rampant search-for-yield behaviour in the residential market remain a subject of debate among developers, notably in Greater Bangkok, where mass transit development has ignited the property market's expansion.