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Update news vietnam's real estate market
Foreigners generally buy real estate for actual use, while Vietnamese often buy for speculation expecting to make huge profits when prices increase, experts have said.
The real estate market has been stabilizing since mid-April, with forecasts indicating a strong increase in supply and robust recovery by year-end.
The finance ministry withdraws controversial proposal, keeping the current 2% tax rate.
Vietnam’s 2024 Land Law signals reform, but land pricing remains complex. A fair price must balance development goals, compensation, and fiscal integrity.
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.
A proposed property tax law aims to stop idle land hoarding by making owners pay if land remains unused.
Discover how Haus Da Lat is setting a new global standard for residential excellence in Vietnam’s booming real estate market.