hcm city estate market

Update news hcm city estate market

Scandal at Thu Thiem land auction reveals worrying problems

In many cases, enterprises have bid high prices at land auctions and then cancelled the purchases. This has created artificial land prices which has allowed them to corner the market, and buy and sell other land plots for illegal profiteering.

HCMC office-leasing market recovers after pandemic

The market for leasing offices in HCM City is improving with the bright spot being combined offices as a viable and cost-optimal solution, according to Savills Vietnam. 

HCM City office market begins to feel COVID-19 impact

Ho Chi Minh City’s office market has started to feel the effects of the COVID-19 pandemic, with grade A buildings impacted more than grade B, experts have said.

HCM City assures hurdles faced by property developers will be cleared this month

The HCM City People’s Committee chairman Nguyen Thanh Phong held a meeting with the heads of various government departments to discuss how to rescue...

Anonymous foreign investor buys entire batch of Phu My Hung bonds

Phu My Hung Development Corporation has mobilised VND800 billion ($34.78 million) for real estate projects from a "secret" foreign investor through bond sales.

 

HCM City to combat laundering in real estate

The Ho Chi Minh City Department of Construction (DoC) has asked real estate companies, brokers and trading floors in the city to strengthen preventive measures against money laundering and terrorist financing.

 

HCM City real estate in need of jumpstart

Hundreds of real estate projects in Ho Chi Minh City have been suspended over the last two years, with many reasons being flouted for delays.

In pictures: Unfinished, abandoned buildings in Saigon

 VietNamNet Bridge - After the golden age of the real estate market in 2007-2008, many half-built buildings worth hundreds of millions of USD have appeared in Saigon.