- © Copyright of Vietnamnet Global.
- Tel: 024 3772 7988 Fax: (024) 37722734
- Email: evnn@vietnamnet.vn
Update news HCM City Real Estate Association
The HCM City apartment lease market has been hit hard by the COVID-19 outbreak despite landlords reducing rentals, experts said.
Experts and businesses in Ho Chi Minh City’s real estate sector have mapped out recovery scenarios after the COVID-19 pandemic passes, with the local property market having experienced a marked slowdown.
The HCM City Real Estate Association (HoREA) has asked for corporate bond regulations to be loosened to help businesses get through the COVID-19 pandemic, local media have reported.
The challenges that property developers face in HCM City were discussed at a meeting between the People’s Committee, relevant departments and developers last week.
More positive signs would appear in HCM City’s property market in the year-end months despite difficulties in the first half of the year, said Chairman of the HCM City Real Estate Association Le Hoang Chau.