Latest News about property market
Investor Pham Thi Trang of HCM City told Dau Tu (Investment) newspaper that she had bought 2,000sq.m of land in Long An Province's Moc Hoa District for around VND1 million (US$43.2) per sq.m.
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.