Kasikorn Securities said the real estate association is preparing to propose that the government adjust housing loan criteria by taking into account borrowers' actual income, along with a guarantee system and interest rates that reflect risk, after loan rejection rates may have exceeded 50%. The package of proposals also includes support for energy-saving homes, a water management plan, oversight of foreign purchases of residential property, and a push for every project to have a juristic person for the village to handle emergencies. If the government accepts the proposals, especially the loosening of lending criteria and first-home measures, it would be positive for low-rise property stocks such as AP and SPALI, though the banks' credit quality risk still needs to be monitored.
AP (Thailand) Public Company LimitedProposed loosening of housing loan criteria and first-home measures would be positive for low-rise property stocks like AP.
Supalai Public Company LimitedProposed loosening of housing loan criteria and first-home measures would be positive for low-rise property stocks like SPALI.
