Despite the Bank of Thailand telling commercial banks to lend no more than 90% of a property’s value to condominium buyers next year, Sena Development Plc is working with a local bank to create a lending package that still comes close to 100%. Kessara Thanyalakpark, Sena’s executive director, said the central bank’s curb will affect [...]

Bangkok’s condominium market is expected to slow down next year, but the number of newly launched units could still reach 40,000-50,000 without causing an oversupply. This estimated range matches the number of newly launched units from July to November of this year, 48,973, which was higher than for all of 2007, the peak year for [...]