
The residential market will contract by 10% next year as the easing of loan-to-value (LTV) measures for mortgages expires on Dec 31, 2022, says SET-listed developer Supalai.
The developer's managing director Tritecha Tangmatitham said the expiration of the LTV limits will have a strong impact on homebuyers as they will need to put up more money if they plan to use mortgages.