CBRE Thailand stated that the 100% LTV measure and the reduction of transfer and mortgage registration fees to 0.01% for homes and condos priced not exceeding 7 million baht, effective until June 30, 2027, will reduce buyer burden, increase access to credit, and stimulate the housing market in the second half of the year. Ms. Rungrat Weeraphakkarun, Managing Director of CBRE Thailand, said these measures come at a crucial time, helping to lower initial barriers to purchase and enhance liquidity for developers. Ms. Papinriya Phuengkhuan Khan, Head of Residential Sales and Leasing, added that the measures reduce the lump-sum burden on purchase day, especially for first-time homebuyers, and combined with fee reductions and the trend of declining interest rates, will lower costs at every stage of homeownership. However, loan approval still depends on the borrower's debt repayment ability and credit quality, while developers can accelerate inventory clearance and improve liquidity. CBRE also advises buyers to prepare financially, especially first jobbers and freelancers, to increase their chances of loan approval.
CBRE Group Inc Class ACBRE Thailand states 100% LTV and fee cuts will stimulate housing market, boosting property buying power and demand for CBRE's services.
