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Tag
affordable apartment
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HCMC increasingly short of affordable apartments amid growing demand
People are scouring HCMC for cheap apartments but cannot find anything for less than VND3 billion (US$119,580).
Affordable apartment supply returns to HCMC
Affordable apartments, priced at VND20-40 million (US$850-1,700) per square meter, are making a comeback in Ho Chi Minh City after disappearing for several years.
Hanoi residential property supply hits five-year low
Hanoi’s new residential real estate supply in the last quarter dropped to a five-year low of 4,500 units, aggravating housing shortage in Vietnam’s second biggest city.
January 25, 2022 | 04:47 pm PT
Urban millennials find house ownership a pipe dream
With affordable apartments almost non-existent and developers tending to focus on more profitable high-end projects, young people find house ownership in a major city an unrealistic aspiration.
December 9, 2021 | 04:37 pm PT
Apartments for less than $50,000? Not in HCMC
Affordable apartments costing around VND1 billion ($43,000) are becoming a thing of the past in HCMC since construction costs have risen rapidly, industry insiders said.
September 24, 2020 | 05:04 pm PT
Incentives to boost affordable apartment supply
Authorities are seeking to increase the supply of affordable housing by offering financial incentives to developers.
June 19, 2020 | 06:03 am PT