Reported 8 months ago
On June 19, 2024, at 6:40 am, according to SET News, the Ministry of Finance and the eight major government-owned banks held a pre-meeting on the introduction of a 'declaration' for New Qing'an customers. They will now require the return of subsidy interest if non-self-use behavior is caught, extending to previous customers as well. The banks and the government will cross-check data to prevent rental flipping or investment trends. Keen inspection of properties meeting New Qing'an loan conditions reveals significant transaction volumes, especially in Kaohsiung. This surge in property purchases is attributed to the roaring stock market and favorable loan conditions. However, with the introduction of the 'declaration,' customers engaging in non-self-use behaviors will face consequences.
Source: YAHOO