Prices range from hundreds of millions of dong to half a billion dong per square meter, but penthouses still are selling well as more ultra-wealthy people accept sky-high prices.

Decree 10 is considered a good sign for project developers and buyers of condotels, with some experts predicting that the move will remove long-standing problems in the issue of ownership certificates for condotels.

Many property developers are planning asset and stock sales as they look to slash debts, restructure business and stay afloat, which is expected to lead to a surge in M&A deals in the market.

In an effort to address the ongoing challenges faced by the domestic real estate market, an approach encompassing legal, administrative, and financial solutions is urgently required, particularly in the realm of credit.

The real estate market is still in a downturn, facing difficulties with legal and capital bottlenecks, low liquidity, high inflation, high interest rates, and high prices.

Experts have noted their hope that coastal resorts will play a role in accelerating the recovery and development of the domestic resort real estate market which is facing an array of challenges.

Construction works used for tourism accommodations built on commercial and service land, such as condotels and resort villas, will be granted ownership certificates if they meet requirements.

Experts believe the real estate market will improve in the third quarter once the government’s action to remove legal obstacles and credit policies begins to show results.

The real estate sector ranks second in foreign direct investment (FDI) attraction in the first quarter of 2023 with 766 million USD, accounting for 14.1% of total FDI.

Skypark is the first-ever branded residences for apartment projects developed by Banyan Tree Group worldwide.

Representatives from around 180 Japanese businesses and investors on April 1 attended a Tokyo workshop on Vietnamese real estate, during which many of them highly appreciated the potential of Vietnam’s property market.

The Vietnamese Government has recently urged ministries to take measures to help the realty sector get back on track and sustain its healthy growth.

There have been positive signs for the property market's recovery, said industry experts and economists.

CBRE Vietnam has reported that Vietnam's industrial real estate sector is poised for a prosperous year in 2023 due to a surge in demand.

Realtors who specialize in high-end real estate projects should think of adding social housing projects to their business strategies, because the projects ensure sustainability and stability for them.

Real estate businesses have issued nearly VND12 trillion worth of corporate bonds since Government Decree 08 came into effect on March 6.

The National Assembly Standing Committee has not thrown its weight behind the time limit of apartment ownership as proposed in the draft of the revised Housing Law.

The Government has recently issued Resolution 33/NQ-CP, dated March 11, 2023 introducing some solutions to remove difficulties and promote the safe, healthy, and sustainable development of the real estate market.

The Government's latest real estate legislation went into effect on March 11 aiming to reinvigorate the sluggish realty market, which has been mired in a severe imbalance of supply and demand.

Investors from Taiwan (China) are particularly keen on Viet Nam’s industrial, office and retail real estate.