Update news Property

HCMC luxury residential segment expects bright prospect for 2020

HCMC luxury residential segment expects bright prospect for 2020

HCM City condo market faces challenges in 2020: experts

The condo market in HCM City is expected to face challenges this year, according to industry experts.

Serviced apartments face fierce competition in Hanoi market

 In the fourth quarter (Q4) of 2019, Ha Noi saw fierce competition in the serviced apartment segment, according to Savills Vietnam.


Local realty market attractive to foreign investors

Vietnam is seen as one of Southeast Asia’s most attractive real estate markets for foreign investors, so local property developers can easily seek partners through merger and acquisition (M&A) deals.


Home supply plummets due to hesitations by investors, buyers

The supply of homes plummeted on the local market in 2019, as inspections of construction, investments and land use at some property projects left a chilling effect on investors.

CBRE: HCMC condo market sees falling supply

HCM City’s condominium recorded a significant fall in new launch supply and new pricing levels across the market in 2019, according to CBRE Vietnam’s latest report “Property Insight - Residential Market Outlook 2020”.

Luxury hotel segment sees sharp expansion

With 50 five-star hotels and 68 four-star hotels being built last year, the luxury segment now has 466 hotels with 97,098 rooms.

Support industry promotes development of industrial real estate

The supporting industry boosted the development of Việt Nam's industrial real estate market last year, according to CBRE Viet Nam Co, Ltd.

No bubble but land prices might increase: ministry

 While there are few, if any, signs of the real estate bubble bursting in 2020, the Ministry of Construction said that land prices could increase in some areas.


Ho Chi Minh City to axe encroaching ventures

A number of projects located on the bank of the Saigon River in the second city could face the axe from next month after an inspection by Ho Chi Minh City People’s Committee found that they violated building regulations.

Tougher market for office for lease in coming time

Delays to approvals for new office developments, along with proposed land price hikes, are unsettling the prospects for the Ho Chi Minh City office segment.

Land ownership for foreigners in Vietnam

The policy on allowing foreigners to own houses associated with land in Vietnam has been studied and considered very carefully.


Apartment supplies in Vietnam to drop by 25%

The number of apartments eligible for sale in HCMC and Hanoi is estimated to fall 25% this year, reaching 43,000 units, according to a report by property platform


US$80 billion green building investment opportunities available in Vietnam

Some 65.7 million more people will live in urban areas in Vietnam by 2050, and this represents investment opportunities worth up to US$80 billion for the nation’s green construction sector over the next 10 years.

Housing list may not match demand

Hanoi’s recently-released list of housing ventures for foreign homebuyers may draw in less interest than expected as reputable developers are not involved, and complex legal barriers tower on the horizon.

E-commerce helps develop logistics property sector

Growing demand from e-commerce users is putting pressure on existing supply chains, facilities and warehouses.

Experts warn of risks of condotel projects

Buyers of condotel units are at stake since they have made their investment decisions based on what brokers have said and on their trust in project developers without obtaining sufficient information.

Real estate woes seen looming next year: VNREA

The real estate market in 2020 is likely to face multiple challenges, Nguyen Tran Nam, chairman of the Vietnam National Real Estate Association (VNREA), told the 2019 Vietnam Real Estate Forum on Wednesday.


Property developers disregard green space regulations

Although real-estate development projects are required by law to incorporate parks and gardens in their area zoning, many investors in HCM City are blatantly disregarding this. 


HCM City to review management of State-owned land, property

Authorities in HCM City are planning a review of State-owned housing, funds and assets in an aim to improve management and use of state-owned land and properties in the city.