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Update news real estate news
Vietnam is preparing a new wave of incentives aimed at accelerating the development of long-term rental housing, as policymakers seek to address affordability challenges and rebalance the housing market.
The International Finance Corporation (IFC) highlighted HCM City's dominance in green-certified building floor space in Vietnam.
With only a few weeks remaining before new land pricing regulations come into force, many localities and valuation firms are still struggling to determine land prices that accurately reflect market conditions.
Demand for rental housing is rising rapidly, yet the market still lacks professionally developed rental projects.
Many shophouses in HCMC have remained vacant for extended periods despite landlords repeatedly lowering rental rates. High selling prices coupled with weak leasing performance are putting significant pressure on many investors.
Vietnam is accelerating efforts to revive stalled property projects as part of a broader strategy to boost growth and stabilize housing prices.
International experience proves the State cannot single-handedly fund and run rental housing. Expanding large-scale rental housing in Hanoi requires a robust public-private partnership framework to prevent decay and ensure long-term stability.
Hanoi is considering an unprecedented move in the real estate market by restricting commercial (market-rate) housing in multi-purpose urban areas from being transferred for the first three years, with the goal of serving housing demand.
As Hanoi restructures its urban development strategy, new growth corridors are emerging and redefining real estate values across the capital.
One of Hanoi’s most prominent unfinished skyscrapers may soon find a new purpose as authorities move forward with plans to transfer the long-stalled Vicem tower.
Amid HCMC’s orientation to limit further high-rise apartment development in the central core, the old apartment market is heating up significantly. Many buildings put into use more than 30 years ago are still listed at up to VND80 million/m2.
The “great unblocking” of thousands of stalled real estate projects worth millions of billions of VND has begun.
HCMC’s greater openness to the Airbnb model after more than a year of tight control reflects a trend toward balancing the sharing economy with modern urban management. However, without proper management solutions, disputes will continue to arise.
Imposing progressive fees on abandoned real estate is a necessary solution to prevent speculation, avoid waste of land, place assets into use, and increase housing supply, experts have said.
Behind tightly closed corrugated iron fences are "golden" land plots abandoned for many years. Many real estate projects in Hanoi remain "frozen", though land was allocated to investors by the state a decade ago.
Persa Place achieved a complete sellout on launch day, reinforcing Springville’s growing appeal in Nhon Trach’s booming property market.
As Airbnb expands in Vietnam, concerns over security, overcrowding and residential quality of life continue to divide opinion.
Vietnam’s inclusion among the top 20 growth hubs in the Asia-Pacific (APAC) region is expected to accelerate the standardisation of the country’s real estate operations in line with increasingly stringent international requirements.
Vietnam’s Ministry of Finance is reviewing challenges and shortcomings in the implementation of property-related tax policies and will report to competent authorities at an appropriate time.
Many apartments are being offered for VND200-300 million less than units of the same size within the same project, but they come with inconveniences that buyers must carefully consider.