On Thursday at 2:20 PM (Bangkok time), the share price of Ananda Development Public Company Limited (SET: ANAN) jumped by 9.09% or THB 0.06 to THB 0.72, with a trading value of THB 18.40 million.
Britania Public Company Limited (SET: BRI) soared by 4.57% or THB 0.09 to THB 2.06, with a trading value of THB 2.93 million.
L.P.N. Development Public Company Limited (SET: LPN) increased by 2.83% or THB 0.06 to THB 2.18, with a trading value of THB 2.95 million.
Noble Development Public Company Limited (SET: NOBLE) surged by 2.52% or THB 0.06 to THB 2.44, with a trading value of THB 1.98 million.
Origin Property Public Company Limited (SET: ORI) expanded by 7.75% or THB 0.20 to THB 2.78, with a trading value of THB 18.26 million.
Sansiri Public Company Limited (SET: SIRI) escalated by 2.48% or THB 0.04 to THB 1.65, with a trading value of THB 98.50 million.
AP (Thailand) Public Company Limited (SET: AP) grew by 1.67% or THB 0.15 to THB 9.15, with a trading value of THB 139.32 million.
Supalai Public Company Limited (SET: SPALI) rose by 4.07% or THB 0.70 to THB 17.90, with a trading value of THB 135.53 million.
Meanwhile, Assetwise Public Company Limited (SET: ASW) remained unchanged at THB 6.60, with a trading value of THB 401,200.
The rise in the share prices of Thai property stocks came following the announcement from the Bank of Thailand (BOT) regarding the temporary relaxation of its Loan-to-Value (LTV) regulations for housing loans.
As revealed in an official document dated 20th March 2025, the BOT has announced a temporary relaxation of its Loan-to-Value (LTV) regulations for housing loans, aimed to support the slowing real estate sector, which has shown no signs of recovery.
The revised rules allow for a 100% LTV ratio for mortgages under specific conditions, including second and subsequent homes below 10 million baht, and all properties over 10 million baht for the first home.
This temporary measure will be in effect for loan agreements made between 1st May 2025 and 30th June 2026.
While acknowledging that Thailand’s existing LTV rules are already relatively lenient internationally, the BOT considers this temporary easing a way to alleviate the high supply overhang and cautiously stimulate the broader economy without significantly threatening financial stability.
