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Vietnam real estate
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My sister secretly sells the land plot we jointly purchased
Without my knowledge, my sister and her husband sold a land plot toward whose purchase I had contributed VND300 million (US$11,783), aiming for a co-investment.
Property brokers’ job in demand again as market recovery looms
Property brokers, many of whom switched to other jobs last year, are now looking to return to the market as it shows signs of recovery.
HCMC housing industry insiders do not expect prices to fall this year
Townhouse and apartment prices in HCMC were at high levels in the first quarter and are expected to rise slightly during the remainder of the year, experts said.
April 18, 2024 | 08:00 pm PT
Gold outperforms stocks, bank deposits in 2024
Gold prices have risen 15-22% this year, making it the best performing asset class.
April 18, 2024 | 03:08 pm PT
I refused to buy a property if rushed by brokers
When I go on house tours, I always walk away as soon as the broker told me I would miss out if I do not buy the property immediately.
April 18, 2024 | 03:07 pm PT
Lenders' mortgage growth falls to 5-year low: central bank
Mortgages at banks grew by just 1% in 2023, the slowest pace in the last five years, according to the State Bank of Vietnam.
April 14, 2024 | 07:31 pm PT
Apartment prices soar in Hanoi, edge down in HCMC
Apartment prices fell by 3% year-on-year in the first quarter in HCMC but jumped 19% in Hanoi, according to a report by property consultancy CBRE.
April 14, 2024 | 03:00 pm PT
Djokovic's luxurious properties in US, Europe
World number one tennis player Novak Djokovic has purchased homes in Miami, New York, Monte Carlo, and Marbella and a penthouse in his native Serbia.
April 7, 2024 | 05:00 am PT
Resort real estate could see 30% rise in transactions: industry association
Transactions involving resort real estate are likely to increase by 30% this year, according to the Vietnam Association of Realtors (VARS).
April 2, 2024 | 03:27 pm PT
I went from being a realtor with $2M in sales to having massive debts
Upset that I received no commission from selling four shophouses worth VND48 billion (US$1.93 million) in 2021, I dove into cryptocurrencies and gambling only to end up with large debts.
April 1, 2024 | 05:47 pm PT
Only one apartment project approved in HCMC this year
The Ho Chi Minh City Department of Construction has only licensed one apartment project so far this year.
March 31, 2024 | 12:47 am PT
Hanoi apartment owners wait for further price hikes to sell
Hung planned to sell his Hanoi apartment last month, but after getting offers at 45% higher than his purchase price, he decided to wait for eve higher prices.
March 24, 2024 | 03:00 pm PT
I cut my losses after renting out my apartment for 5 years
Believing in real estate brokers’ rose-tinted advice, I bought an apartment to rent out only to end up selling it at a huge loss.
March 18, 2024 | 03:00 pm PT
Hanoi apartment owners sell in haste, repent at leisure as prices keep rising
In 2023 Tran Trung Quan and his wife sold their apartment in Ha Dong District in Hanoi at a 100% profit. However, its steady increase in price since then.
March 17, 2024 | 03:28 pm PT
An apartment should be viewed as a consumable, not an investment
I have always viewed my apartment unit as a place to stay and, similar to my car, a consumable instead of an investment that either brings loss or profit.
March 14, 2024 | 03:00 pm PT
What I learned from borrowing $60,000 to buy house in Hanoi alley
Borrowing VND1.5 billion (US$60,858) to quickly close the deal on a VND3.35 billion house in an alley in Hanoi instead of waiting was one of my best decisions.
March 12, 2024 | 03:00 pm PT
House prices average nearly 24 times annual household income
The average house price in Vietnam is 23.75 times the annual household income, up from last year’s 23.5, according to Serbia-based statistics site Numbeo.
March 10, 2024 | 07:50 pm PT
Leaving my apartment for a house changed my life
My life has been much better after I escaped the elevator queue and the long walk to get to the car park that came with my previous apartment.
March 7, 2024 | 12:32 am PT
Ministry rescinds proposal to cap individual housing sales, leases at 5 units annually
The Construction Ministry has retracted a controversial proposal that would have limited individuals to selling or leasing no more than five housing units annually unless they established a company.
March 5, 2024 | 12:26 am PT
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