Reported 8 months ago
On June 17, 2024, at 4:10 PM, the Central Bank implemented real estate credit control measures for the sixth time. Hsinchun Real Estate Think Tank CEO He Shichang believes that this move will drive funds into non-regulated areas with science park themes, such as Miaoli, Chiayi, and Pingtung. The new measures are expected to have three major impacts on the property market: reducing loan-to-value ratios for second homes in specific areas, potentially leading to disputes during handovers; encouraging funds to move towards non-regulated areas with science park themes; and pushing second-home buyers towards the pre-sale market, benefiting pre-sale properties but not the existing home market. He warned that the Central Bank's increased reserve requirements may disadvantage small and medium-sized developers by diverting funds to larger developers.
Source: YAHOO