real estate market

Update news real estate market

Vietnam needs to standardise real estate brokerage

Vietnam's real estate market needs stricter regulations to standardise real estate brokers for the domestic property market to operate transparently.

 

Vietnam's real estate market riding high

Favourable factors, including the Government’s support packages and the reopening of tourism, have given a fresh impetus to the real estate market.

High housing prices deprive young people of home ownership

Affordable housing in HCM City has all but disappeared.

Transparency, increased supply are needed in real estate market

Improving supply and providing transparent information about property projects are the most important solutions that will help prevent speculation.

Property tax will not prevent speculation: experts

Imposing property taxes on houses is not a radical solution to build a healthy market, experts say. Taxation will make the real estate market, which is in difficulties because of legal problems and short supply, become even more deadlocked.

What’s behind sky-high bid prices at land auctions?

Inflating land prices via auctions is one of the biggest problems of the real estate market. It creates an artificial land fever in the market and deprives people of opportunities to own accommodations.

After Thu Thiem auction, people queue up to buy land worth millions of dollars

Though the winners of Thu Thiem land auctions withdrew their purchase contracts, the land market in HCM City remains hot, and the prices of some projects are escalating.

Finance Ministry's proposed property tax on houses sparks controversy

While some people support the Ministry of Finance’s (MOF) plan to tax houses, others warn that taxation is not feasible and this may bring the opposite effect.

Realty market sees boom in M&A deals since the start of 2022

Many large enterprises are signing M&A deals for projects that are currently on hold, and then quickly finishing construction to bring the products to market in a short time frame.

 

Billions of dollars expected to flow to Vietnam amid Russia-Ukraine war

Liquidity has increased sharply over the last three trading sessions, especially since February 24, when Russia triggered the latest war with Ukraine. Cash flow is strong with liquidity of VND30 trillion each trading session.

Realtors head for central region

Real estate developers are eyeing the central region, and planning to develop large projects there, according to DKRA Vietnam.

Increased inspections and document preparations contribute to housing shortage in HCM City

Real estate developers are spending more time preparing documents for investment and many projects are under legal examination or inspection, contributing to a housing shortage.

Investors of delayed housing projects to be fined

Investors of housing projects that lag behind schedule will be fined VND400-600 million each, according to the Government’s newly-issued regulations.

Thu Thiem land auction: 2 winners cancel contract, 2 late in land use fee payment

The deadline for the first round of Thu Thiem land use fee payment has expired, yet none of the four winners of the land auction on December 10, 2021 perform its duty.

Garden, agricultural land attracts more investors

Garden and agricultural land is attracting buyers because of anticipated profits during “land fever” spells.

Land market hot in late 2021, new sales boom expected in 2022

When the State applies measures to stimulate demand and support economic recovery after a deflation period, the real estate market may become overheated if this is not controlled well, according to the Ministry of Commerce (MOC).

Vietnam to improve transparency of real estate market in 2022

The development of a real estate database has not been in line with the market in Vietnam over the years.

Stock, gold, land, bitcoin: which investment to choose this year?

In the first trading session of 2022, Vietnam's stock market reached a historic peak of 1,517.95 points, and trading volume of over 526 million shares, equivalent to more than 16,688 billion VND.

 

As prices escalate, apartments in Hanoi become unaffordable

Buyers who postponed their apartment purchase plans as they thought prices would fall after a long period of increasing prices now say they made a mistake. The prices have increased by 10-15 percent.

One square meter of forestland has value of half-pack of steamed glutinous rice

In 2021, Lam Dong provincial authorities asked the Nam Da Lat Urban Area project developer to pay compensation of VND19 billion for 257 hectares of forestland.