Thailand Property Market Hits Mortgage Rejection Crisis
Thailand’s property market faces a ‘Mortgage Rejection Crisis,’ with rejection rates hitting 70% for homes under 3 million Baht. Lower-income buyers can’t secure loans due to declining purchasing power and…
Mortgage Rejection Rates Impact Condo Developments
The high mortgage rejection rate in the first quarter of 2024 has prompted condo developers to halt new launches in Greater Bangkok during the second quarter, which may result in…