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Update news HCM City property market
As a result of the ongoing Covid-19 pandemic, the rental market in HCMC has plummeted, pushing many landlords into difficulties as tenants have left, leaving empty spaces in their wake and no takers.
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.
There will be both opportunities and challenges this year in the HCM City property market, which will see a number of new projects being introduced, experts have said.
VietNamNet Bridge – As the country’s economic hub, HCM City is where the action is for many industries, including property.