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Update news vietnam's real estate market
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?
Apartment prices at new projects in Hanoi have reached hundreds of millions of VND per sqm, forcing many young couples to turn to second-hand apartments, yet they remain stunned by the ever-escalating costs.
Even with several billion dong in hand, real homebuyers are still struggling searching for apartments while Hanoi’s property market is peaking, with prices remaining high and showing no signs of cooling down.
Speculation and illegal transfers are among the biggest issues facing the social housing market, depriving those with genuine needs of the opportunity to own a home.
Excessive land use fees for land-use conversion have forced many to withdraw their applications.
Vietnam’s real estate sector is increasingly attracting foreign investors through mergers and acquisitions (M&A), with cooperative and “friendly” deals emerging as the prevailing trend.
In speculative markets, inflated prices are sometimes adopted into official price tables, inadvertently legitimizing “artificial prices”.
More international arrivals and long-stay tourists are reviving key hospitality markets like Phu Quoc, Da Nang, and Nha Trang.
Experts warn speculative values are being legitimized in land tables, pushing housing out of reach.
The HCMC Real Estate Association (HoREA) says the removal of the proposed amendment to Point d, Clause 2, Article 257 regarding additional land-use fees is expected to cause many projects to continue to face difficulties.
If the state sets land prices, this would create a clearer pricing framework to calculate fees in land recovery and financial obligations, and to control speculation, especially given the current lack of market data transparency.