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Tag
affordable housing
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Housing crisis brews in Vietnam as low-income homebuyers forgotten
Industry leaders warn that the market will suffer a severe imbalance in supply if developers keep chasing after upscale buyers.
Saigon becomes a top expat destination
Affordable housing and cheap cost of living have made Saigon a top 10 destination of choice for expats.
Rent, don’t buy homes: former official advises Vietnamese youth
Former Deputy Minister of Construction says renting is a better solution for young Vietnamese, given skyhigh housing prices.
February 24, 2019 | 03:02 am PT
Hanoi apartment sales robust in first quarter: JLL
The Hanoi apartment market was strong in Q1 with the number of transactions rising by 65 percent against Q4 2018, according to JLL.
April 15, 2019 | 04:30 pm PT
More foreign tourists visit HCMC than Hanoi
Saigon has received more foreign visitors than Hanoi in the first half of 2019, reaffirming its reputation as a popular global destination.
June 26, 2019 | 07:35 pm PT
Affordable housing remains scarce in HCMC
Ho Chi Minh City has seen no new supply of affordable housing in the third quarter because of low profit margin.
October 10, 2019 | 10:00 pm PT
Affordable housing program in limbo after money runs out
Vietnam rolled out an affordable housing program, but when its billion dollar allocation ran out, many projects stalled.
November 21, 2019 | 04:46 pm PT
Luxury apartments more common than affordable housing in HCMC
Affordable apartments only accounted for 2 percent of housing supply in HCMC last year while luxury apartments made up 6 percent, CBRE says.
January 12, 2020 | 07:58 pm PT
Hanoi, HCMC housing imbalance sees demand outstripping supply
With one apartment per 59 residents, Hanoi and HCMC faces housing dilemma as focus remains on premium market.
January 17, 2020 | 08:12 pm PT
Affordable home shortage plagues Vietnam: government report
The housing market has an oversupply of mid- and high-priced units but a shortage in the affordable segment despite large demand.
October 13, 2020 | 12:16 am PT
Most citizens cannot afford ‘affordable housing’
Affordable housing in Hanoi and HCMC is out of reach for most citizens, mainly because of dwindling supply and rising prices.
October 31, 2020 | 05:09 pm PT
Hanoi needs $3.9 bln for social housing projects
Hanoi needs VND90 trillion ($3.88 billion) to develop 7.2 million square meters of social housing in the next five years amid a shortage of low-cost residential real estate.
November 5, 2020 | 07:39 pm PT
HCMC affordable housing supply plunges
There were virtually no affordable housing units launched in HCMC in the first nine months of the year due to the Covid-19 pandemic, an industry report says.
November 30, 2020 | 10:00 pm PT
Red tape drives up prices, causes demise of affordable housing
Affordable housing, defined as costing below $1,000 per square meter, has all but disappeared from the market, experts said.
December 28, 2020 | 11:00 pm PT
Affordable housing on the verge of extinction
Affordable housing at prices of up to VND2 billion ($86,900) has gradually disappeared from the Vietnamese market.
April 13, 2021 | 05:00 pm PT
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