Asia Plus Securities (ASPS) recommends investing in real estate stocks with high growth and dividends that are outpacing inflation as it expects the government to extend the easing of the loan-to-value (LTV) ratio and transfer fees for mortgage lending for another year to support the economic recovery.
Analysts at ASPS said the Ministry of Finance and Bank of Thailand are considering extending the real estate stimulus measures that are set to end this year. The policies include a reduction in the transfer and mortgage fees to 0.01% for houses valued at less than 3 million baht and the raising of the LTV ratio to 100%.
