apartment market

Update news apartment market

Apartment prices in big cities stay high despite market stagnation

Despite signs of transaction stagnation, apartment prices in several areas of some big cities like Hanoi and Ho Chi Minh City still increased during the second quarter of 2023, said the Ministry of Construction (MoC).

Hanoi reports soaring apartment prices

Despite low liquidity, the prices of apartments in Hanoi have sharply increased due to the shortage of supply.

Mixed opinions over ministry’s proposal for limited-term apartment ownership

Mixed opinions have arisen around the Ministry of Construction’s proposal of setting limited terms for apartment ownership, which were repeated in the latest draft amendments to the Law on Housing.

Over 90 percent of offices for lease filled in HCM City

 VietNamNet Bridge – As many as 91 percent of offices for lease in Ho Chi Minh City was filled in the third quarter of this year, the highest level in the past five years,

Ice thawing in apartment market

 VietNamNet Bridge – The real estate market, it appears, has been given a new lease of life. Market liquidity has improved significantly, with reduced inventory and increased sales.

BUSINESS IN BRIEF 18/2

 State to keep stake in equitised SOEs; Revised law prioritises local contractors; Local auto makers toast jump in January sales; Oversupply forces cement producers to look abroad; Vietnam-Japan trade hits 25.6 bln USD