TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

Property Mortgages Direct By Developers

Category: Real estate, Posted:02 Jan 2010 | 06:00 am

The Thai real estate sector is likely to see a major initiative by Thai developers who aim to offer direct mortgages. Back of the Financial Institutions Act 2008, loans can be made though not with publically raised funding.
A number of Thai listed firms are meeting with the Secondary Mortgage Corporate (SMC) to coordinate with financial institutions and look at securities rights issues to cover funding. SMC requires THB 300 million for firms listed on the Stock Exchange of Thailand (SET) while only THB 20 million for those who are privately owned or on the Market for Alternative Investments (MAI).
Property in the band of half a million THB up to ten million has been earmarked. The shift in developers moving into the mortgage business looks to propel the industry into unknown territory with some concern by industry experts on possible risk with smaller non listed firms operating in this space.

Other News

Read more

Not Another Friday. A Video Extravaganza

Category: Hotels|Tourism, Posted:28 Oct 2021 | 19:34 pm It’s nearly November and Thailand is preparing for a massive reopening of international travel. As the country’s hospitality industry waits in anticipation and a certain level of angst, let’s take a few moments to check out a series of new event videos from C9 Hotelworks and Delivering Asia Communications. See you on the other side, […]
Read more

Cambodia Business Briefing – What Comes Next?

Category: Hotels|Real estate|Tourism, Posted:19 Oct 2021 | 08:13 am Hotels, tourism, and real estate are featured in next week’s virtual event – Cambodia Business Briefing. Organized by C9 Hotelworks and Delivering Asia Communications, the session will be on Tuesday 26th October, 3:00 pm Phnom Penh/Bangkok Time | 4:00 pm Singapore/Hong Kong. Cambodia remains one of Asia’s top-up and coming marketplaces. Pre-pandemic, its pace of […]
Read more

PHIST 2021 – Sustainable Asia RE-defined Coming 28 October

Category: Hotels, Posted:11 Oct 2021 | 09:11 am The fourth annual Asian-based sustainability-focused learning event PHIST 2021 will take place in a dynamic virtual setting on 28th October. Organized in Phuket, Thailand with speakers from across the region. PHIST (Phuket Hotels for Islands Sustaining Tourism) has established itself as a leading forum in Asia for sustainable tourism, environmental education for hotels as well […]