Reported 12 months ago
The government in Taiwan announced new measures to curb property speculation, including reducing the loan-to-value ratio for second home purchases from 70% to 60% and implementing a one-time limit on the Qinyuan Affordable Housing Program. To benefit from the program, experts recommend strategies like selling first before buying a new home to comply with the new regulations. This move aims to prevent abuse of the program and curb real estate speculation in the country.
Source: YAHOO