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Latest News about estate

Home supply plummets due to hesitations by investors, buyersicon
BUSINESS19/01/20200

Home supply plummets due to hesitations by investors, buyers

The supply of homes plummeted on the local market in 2019, as inspections of construction, investments and land use at some property projects left a chilling effect on investors.

 
Khanh Hoa warns about illegal sale of tourism property to foreignersicon

Khanh Hoa warns about illegal sale of tourism property to foreigners

BUSINESS
26/12/2019

 The Khanh Hoa Province Department of Construction has warned over the illegal sale of tourism properties to foreigners, asking project developers to comply with the established laws.

Muong Thanh Hotel investor sues Danang authoritiesicon

Muong Thanh Hotel investor sues Danang authorities

BUSINESS
21/12/2019

Dien Bien Construction Private Company No 1 has lodged a lawsuit against authorities in Danang City after being asked to dismantle a part of their construction in Ngu Hanh Son District.

Land prices set far highericon

Land prices set far higher

BUSINESS
18/12/2019

Many localities have raised their land prices by up to 70%, while on the national scale the Government is expected to issue a new price framework, driving up prices by 30%.

Land ownership for foreigners in Vietnamicon

Land ownership for foreigners in Vietnam

FEATURE
17/12/2019

The policy on allowing foreigners to own houses associated with land in Vietnam has been studied and considered very carefully.

Big real estate firms to join Hanoi’s old apartment building projectsicon

Big real estate firms to join Hanoi’s old apartment building projects

SOCIETY
17/12/2019

Nineteen real estate companies have been selected for renovating and rebuilding 30 old apartment buildings in Hanoi.

Apartment supplies in Vietnam to drop by 25%icon

Apartment supplies in Vietnam to drop by 25%

BUSINESS
17/12/2019

The number of apartments eligible for sale in HCMC and Hanoi is estimated to fall 25% this year, reaching 43,000 units, according to a report by property platform batdongsan.com.vn.

Investor violations slow home ownership certificate issuanceicon

Investor violations slow home ownership certificate issuance

BUSINESS
10/12/2019

The slow issuance of home ownership certificates, commonly known as pink books, to residents living in apartment buildings is largely due to investors’ violations of regulations on mortgages and construction.

US$80 billion green building investment opportunities available in Vietnamicon

US$80 billion green building investment opportunities available in Vietnam

BUSINESS
08/12/2019

Some 65.7 million more people will live in urban areas in Vietnam by 2050, and this represents investment opportunities worth up to US$80 billion for the nation’s green construction sector over the next 10 years.

Housing list may not match demandicon

Housing list may not match demand

BUSINESS
08/12/2019

Hanoi’s recently-released list of housing ventures for foreign homebuyers may draw in less interest than expected as reputable developers are not involved, and complex legal barriers tower on the horizon.

Fulfilling the potential of the risky condotel marketicon

Fulfilling the potential of the risky condotel market

BUSINESS
06/12/2019

In light of the Cocobay Danang situation, Mauro Gasparotti, director of Savills Hotels APAC, writes on his expectations of the condotel market in Vietnam, and what solutions could be found to ease the situation.

Experts warn of risks of condotel projectsicon

Experts warn of risks of condotel projects

BUSINESS
30/11/2019

Buyers of condotel units are at stake since they have made their investment decisions based on what brokers have said and on their trust in project developers without obtaining sufficient information.

Real estate woes seen looming next year: VNREAicon

Real estate woes seen looming next year: VNREA

BUSINESS
29/11/2019

The real estate market in 2020 is likely to face multiple challenges, Nguyen Tran Nam, chairman of the Vietnam National Real Estate Association (VNREA), told the 2019 Vietnam Real Estate Forum on Wednesday.

Property developers disregard green space regulationsicon

Property developers disregard green space regulations

BUSINESS
27/11/2019

Although real-estate development projects are required by law to incorporate parks and gardens in their area zoning, many investors in HCM City are blatantly disregarding this. 

Experts concerned over land price hikeicon

Experts concerned over land price hike

BUSINESS
26/11/2019

Multiple experts have expressed concern over the Ministry of Natural Resources and Environment’s proposal to double the land prices, as higher prices will result in higher land use fees for businesses and residents.

Foreign investment in realty M&As surgesicon

Foreign investment in realty M&As surges

BUSINESS
24/11/2019

Foreign investment in Vietnam through mergers and acquisitions (M&As) in the real estate sector between January and October 2019 rocketed 235% from a year earlier to a record high value of US$1.75 billion, data showed.

HCM City tightens land managementicon

HCM City tightens land management

SOCIETY
24/11/2019

HCM City plans to tighten management of public lands and apply information technology to increase the city’s revenues, a city official said yesterday at a meeting.

Hoang Kim Land’s director arrested for alleged property scamsicon

Hoang Kim Land’s director arrested for alleged property scams

SOCIETY
22/11/2019

Tran Thi Hong Hanh, 49, director of HCMC-based realty firm Hoang Kim Land, has been detained for alleged asset misappropriation, reported the local media.