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Update news vietnam's real estate market
Vietnam’s mega urban projects are transforming real estate with integrated, world-class lifestyles, drawing investors and reshaping cityscapes.
With limited land in downtown areas, developers are moving outward to build integrated cities on a grand scale.
The contrasting business results of real estate companies show clear signs of market divergence.
The fundamental goal of land management is state management of data from land parcels, cadastral maps, plot numbers, and parcel numbers, not individual houses built on land, according to experts.
People are often provided information multiple times when registering land and applying for red books (land use right certificates).
In recent times, many real estate investors have raised concerns about prolonged delays in their projects, primarily due to the slow approval process of land use fee assessments by State agencies.
To reduce housing prices, National Assembly Deputy Tran Hoang Ngan (HCMC) said that a rental housing model would be a sustainable approach to housing needs.
If real estate buying and selling procedures no longer require notarization and marital status confirmation, people will save significant time and costs. However, lawyers worry that rushing implementation could create legal gaps.
Legal obstacles and fear of accountability, which have led to supply shortages, and rising input costs are the major factors keeping housing prices high.
While restricting credit is an important measure, real estate prices can only be controlled if the imbalance between supply and demand, the major reason behind price escalations, is solved, experts have said.
Promoting the development of housing segments that match the average income of the population is one of the directives issued by the Prime Minister to help reduce home prices. What price level is considered reasonable?
With US housing prices stagnating and investment profits declining, Vietnam is emerging as a hotspot for overseas Vietnamese thanks to friendlier legal frameworks and strong earning potential.
Nguyen Van Dinh, a respected expert, believes that the correct solution to lower housing prices is not to suppress demand but to increase supply.
Housing supply has decreased dramatically over the past five years, not because of the lack of demand, but because of numerous legal bottlenecks, overlapping laws, and especially a widespread fear of responsibility among state officials.
The proposal to limit loans for second and subsequent home purchases has raised concerns about interfering with bank operations. If implemented, it could risk freezing the real estate market, as seen in China.
Vietnam’s property crisis isn’t driven by speculation but by a dense web of bureaucracy choking supply.
Vietnam's housing prices are soaring. A draft resolution proposes structural reforms to regulate the market and reduce speculation-driven inflation.
The movement to stop buying homes to avoid inflated prices, once widely popular on social media, has now become a tale of bitter failure.
Experts warn of a flat year-end for Vietnam's property sector but remain optimistic about steady growth through 2027.
The policy of paying 10 percent upfront and deferring debt for five years raises a serious question: Is it truly an opportunity for homebuyers or just fertile land for speculators?