Reported 7 months ago
In its sixth wave of targeted credit control measures in the housing market, the Central Bank of Taiwan has reduced the maximum loan-to-value ratio for second property purchases from 70% to 60% in specific areas (including six major cities and Hsinchu County), effective from June 14. This move aims to address the rapid rise in property prices and lending volumes. The Central Bank will continue monitoring the market closely and focus on indicators like banks' real estate loan concentration and financial stability, implementing rolling adjustments to maintain market stability.
Source: YAHOO