Experts have noted their hope that coastal resorts will play a role in accelerating the recovery and development of the domestic resort real estate market which is facing an array of challenges.

Construction works used for tourism accommodations built on commercial and service land, such as condotels and resort villas, will be granted ownership certificates if they meet requirements.

Experts believe the real estate market will improve in the third quarter once the government’s action to remove legal obstacles and credit policies begins to show results.

The real estate sector ranks second in foreign direct investment (FDI) attraction in the first quarter of 2023 with 766 million USD, accounting for 14.1% of total FDI.

Skypark is the first-ever branded residences for apartment projects developed by Banyan Tree Group worldwide.

Representatives from around 180 Japanese businesses and investors on April 1 attended a Tokyo workshop on Vietnamese real estate, during which many of them highly appreciated the potential of Vietnam’s property market.

The Vietnamese Government has recently urged ministries to take measures to help the realty sector get back on track and sustain its healthy growth.

There have been positive signs for the property market's recovery, said industry experts and economists.

CBRE Vietnam has reported that Vietnam's industrial real estate sector is poised for a prosperous year in 2023 due to a surge in demand.

Realtors who specialize in high-end real estate projects should think of adding social housing projects to their business strategies, because the projects ensure sustainability and stability for them.

Real estate businesses have issued nearly VND12 trillion worth of corporate bonds since Government Decree 08 came into effect on March 6.

The National Assembly Standing Committee has not thrown its weight behind the time limit of apartment ownership as proposed in the draft of the revised Housing Law.

The Government has recently issued Resolution 33/NQ-CP, dated March 11, 2023 introducing some solutions to remove difficulties and promote the safe, healthy, and sustainable development of the real estate market.

The Government's latest real estate legislation went into effect on March 11 aiming to reinvigorate the sluggish realty market, which has been mired in a severe imbalance of supply and demand.

Investors from Taiwan (China) are particularly keen on Viet Nam’s industrial, office and retail real estate.

Despite the Government’s efforts to remove challenges facing the real estate market, it won’t prosper until the end of next year, experts have warned.

Vietnam is one of the top five destinations chosen by Singapore's super-rich (UHNWI) for real estate investment, along with Australia, India, Hong Kong and China, according to The Wealth Report 2023, released worldwide by Knight Frank company.

In the first two months of the year, 1,895 real estate units left the market, according to the General Statistics Office (GSO).

Vietnam is among the top five destinations selected by Ultra High Net Worth Individuals (UHNWI) in Singapore for their real estate investment plans, according to the Wealth Report 2023 released by Knight Frank.

Sellers cannot sell products and take back their investment capital; many people can't buy because of limited financial capability; and the state has failed to collect tax and land-use fees. Such is the current state of the property market.