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Update news real estate news
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in HCMC and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong.
The Government targets speculation, administrative delays, and costly standards as drivers of housing price surges.
The Hanoi capital city region is witnessing a strong wave of real estate investment, particularly in satellite urban areas. The merging of provinces and cities is expected to create a breakthrough in market development.
Ho Chi Minh City will maintain a ban on the legalization of short-term residential rental businesses until at least 2027, pending the completion of a regulatory framework.
After the Property Tax Law is enacted, abandoned land will no longer exist as individuals and businesses will only buy land for use. If they buy land for speculation, they will have to pay taxes to the state.
Enterprises must not exploit the current supply shortage to inflate prices, create artificial values, or circulate unverified information to incite speculation and profiteering, which could destabilise the market.
The Prime Minister has directed the streamlining of construction permit procedures to save time and costs for citizens and businesses.
Apartment prices in Hanoi and HCM City have stabilized and are no longer experiencing a strong upward trend as seen in 2024, according to the Ministry of Construction’s housing and real estate market report for the first quarter of the year.
Experts cite four major bottlenecks hindering industrial zone development and freezing investments.
Five years after its completion, the commercial housing project for resettlement in the X2 area in Hanoi has only a few residents.
Bac Ninh, Thai Nguyen, Hoa Binh, Ha Nam, Hung Yen, and Hai Duong are planning to seek capital and investors for multiple multi-billion dong projects.
Ministries join forces to fight speculation and support sustainable property growth.
Outstanding loans to real estate businesses rose 25% year-on-year, while bond issuance and FDI show cautious optimism.
The Ministry of Construction (MOC) will soon review and report to competent authorities on amending and supplementing short-term apartment rental business regulations.
The Finance Ministry may tax property sales based on actual gains instead of flat rates.
Merging provinces could boost real estate prices, but some areas may see declines, according to the Ministry of Agriculture and the Environment (MAE).
While new listings rise in price, resale units drop by up to 50% as buyers grow cautious.
Real estate cools in Hanoi with fewer sales, smaller price gains, and rising caution.
After years of stagnation, major developments across Da Nang are being revived as the city clears legal hurdles and unlocks new investment.
Decree No. 75 enables developers to build housing projects through direct land-use agreements, boosting legal clarity and project execution.