Reported 7 months ago
As reported by TVBS News on June 14, 2024, the central bank's measures to curb speculation in the housing market took effect, reducing the loan-to-value ratio for the second property to 60% in six cities, and Hsinchu County and cities. Experts highlight that this affects individuals planning to move and those about to receive new homes the most. For instance, purchasing a 30 million property now requires an additional 3 million for the down payment. Moreover, the tightening of credit and increased reserve requirements will likely impact bank lending amounts, potentially leading to more selective criteria.
Source: YAHOO