real estate

Update news real estate

Real estate market bottoms out, better performance is expected

The government has done what it can do to help warm up the real estate market. However, realtors have to also take action by slashing selling prices and accepting lower profits, analysts say.

Real estate absorbs over 4.4 billion USD in FDI

Foreign direct investment (FDI) in real estate topped 4.4 billion USD as of December 20, accounting for over 16% of the total FDI capital registered in Vietnam, and up 1.8 billion USD year-on-year.

Real estate sector in 2023 expected to focus on more reasonable prices

Experts believe that in 2023 real estate firms will have to restructure their products and focus on more reasonable prices after years of very high prices.

Huge profits expected from industrial real estate sector

Many businesspeople are pouring money into industrial real estate projects amid Vietnam’s macroeconomic stability and its position as a favorite destination for foreign investors.

Payment via bank transfer: compulsory for real estate transaction, ministry proposes

The Ministry of Finance has proposed a regulation be brought in to ensure payments for all real estate transactions are carried out via bank...

Banks told to control lending for real estate projects

National Assembly deputies propose that there should be reasonable monetary policies to ensure the healthy development of the real estate market.

Korea splashes cash on Vietnamese realty market

Vietnam’s realty market, in addition to the manufacturing sector, has been attracting significant FDI from the Republic of Korean (RoK) in recent years, according to a survey by real estate consultancy Savills Vietnam.

Foreign investors keen on VN real estate market

The decision to open all air routes from March 15 and the visa policy will both accelerate negotiation of M&A deals and strengthen real estate investment activities.

Lending rate worries homebuyers

Soaring capital input costs have piled pressure on lending rates, especially for home loans, as credit for the real estate sector has the highest risk coefficient and is being brought under control.

It’s time to promote the development of REITs: association

Vietnam needs to improve the legal framework to promote the development of real estate investment trusts (REITs) to add capital to the property market while bank credit and corporate bond issuance were being tightened.

Real estate brokers scramble to get licences to avoid big fines

The number of real estate brokers flocking to get licences to avoid punishment has skyrocketed.

Developers clamour for legal clarity

Real estate leaders suggest that detailed regulations are needed to promote a healthy condotel, officetel, and resort villa sector in Vietnam.

'Urban wonders' in Vinhomes Ocean Park 2 - The Empire

The focus of the real estate market in the East of Hanoi at present is the Vinhomes Ocean Park 2 - The Empire project.

HCMC seeks to remove obstacles facing 38 property projects

The HCMC government has asked the Department of Construction to coordinate with other departments and agencies to quickly remove bottlenecks facing 38 real estate projects in the city as proposed by the HCMC Real Estate Association (HoREA).

HCM City office market coming out of slump: property consultancies

After a two-year slump due to COVID-19, the HCM City office for lease market is showing positive signs with demand increasing in all segments.

Capital flow into real estate should not be blocked

Some banks have announced to stop providing real estate loans, and the corporate bond channel to attract capital for real estate has also been tightened.

Businesses struggling to complete housing projects

Real estate has been in a state of limbo for the last two years across the country.

Bright outlook for Vietnam's real estate market

Industrial and leisure properties are expected to keep drawing investors this year.

More real estate firms in HCM City cry for help

After 57 property businesses in HCM City proposed removing obstacles to 64 housing projects, 29 others have made the same petition as their 38 commercial and social housing and resettlement projects are having trouble with procedures.

High real estate tax not an effective solution: experts

While some experts suggest tax measures can help stabilise the property market in the short term, some say the current tax is not enough to...