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Update news property market
As the central bank has tightened the control over real estate loans to ensure sustainable development of the market and safety of the banking sector, property transactions have fallen down in Hanoi and HCM City in the first half of 2019.
The Ministry of Construction's statistics on the total real estate inventory value is incorrect as the inventories of many property enterprises are not fully taken into account, according to the HCMC Real Estate Association (HoREA).
Most of the capital influx was poured into the industrial property segment through mergers & acquisitions (M&A) deals.
Few new launches in apartment and ready-built landed property segments were largely resulted from deferred licensing procedures.
Investors are seeking alternative opportunities in central coastal cities like Danang and Nha Trang, given the high property prices in Hanoi and Ho Chi Minh City.
VietNamNet Bridge - Over the past year, capital flows from Japan, Singapore and South Korea have been heading for the Vietnamese market.
A series of large state-owned conglomerates are being equitized, and the state is moving ahead with the plan to divest its shares in profitable enterprises. Many family-run businesses are calling for investment.
VietNamNet Bridge - Many M&A deals in the real estate market wrapped up recently. To many people’s surprise, the buyers were not powerful foreign conglomerates, but Vietnamese tycoons.
The property market will continue recovering but experts told an online forum held by Đầu Tư (Investment) newspaper on July 1 that they do not expect breakthroughs in the second half of this year.
VietNamNet Bridge – Early alarm bells have been rung about the potential imbalanced development in supply and demand in the realty market.
Domestic and foreign investors alike have been keenly monitoring opportunities for M&As in Vietnam's real estate market.
VietNamNet Bridge – Vietnam’s real estate market has been experiencing something of a heatwave over the past few months.
VietNamNet Bridge – Experts have said it is necessary for the real estate sector to find stable financial sources to ensure adequate housing supply as demand was anticipated to pick up rapidly.
VietNamNet Bridge – 2015 was littered with M&A activity in the property market, especially in residential, hospitality, and retail, and the trend is forecast to continue in 2016.
VietNamNet Bridge – The 2015 list of the 500 richest stockholders in Vietnam reveals that nearly one-fifth are in the real estate sector.
VietNamNet Bridge – The Trans-Pacific Partnership (TPP) deal will have a positive impact on the domestic real estate market, while the property market has recovered in the third quarter, experts said.
VietNamNet Bridge – Resort properties have become a busy segment since the beginning of this year.
VietNamNet Bridge – The property market in Ho Chi Minh City has been vibrant since the outset of 2015 thanks to buoyant merger and acquisition (M&A) activities which are expected to continue thriving in the time to ahead.
VietNamNet Bridge – Some economic experts and officials have expressed concerns over the possible return of a real estate bubble in the coming years.
VietNamNet Bridge – Property companies nationwide geared up their operations right after the Tet (Lunar New Year) holiday, accompanied by high expectations of market recovery this year.