
The expiration of lower loan-to-value (LTV) limits at the end of this year will affect residential demand by 19% in 2023 as many homebuyers have insufficient time to adapt, according to a market researcher.
Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), said the announcement on Oct 31 that the eased LTV measures would not be renewed next year left little time for homebuyers to prepare.