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HCMC home price 32.5 times household income

HCMC home price 32.5 times household income

The median home price in Ho Chi Minh City is 32.5 times that of a local median annual household income, making it the second least affordable property market in Asia-Pacific, a report has found.
HCMC townhouse, villa transactions fall to lowest in 5 years

HCMC townhouse, villa transactions fall to lowest in 5 years

In the fourth quarter of 2022, usually the peak season for the property market, townhouse and villa purchases in HCMC fell to their lowest rate in five years.
January 23, 2023 | 01:38 am PT
Housing liquidity in 2022 lowest in 5 years

Housing liquidity in 2022 lowest in 5 years

The number of house and apartment transactions in the north and the south in 2022 fell to the lowest level in 5 years, according to report by real estate agencies.
December 29, 2022 | 03:51 pm PT
VCCI against proposal to restrict apartment ownership term

VCCI against proposal to restrict apartment ownership term

The Vietnam Chamber of Commerce and Industry (VCCI) disagrees with the proposal to limit apartment ownership duration, saying it would interfere with people’s ownership rights.
October 22, 2022 | 09:47 pm PT
US mortgage rates rise to 6.29%, highest in 14 years

US mortgage rates rise to 6.29%, highest in 14 years

U.S. 30-year fixed-rate mortgages rose to 6.29% on Thursday, the highest level since 2008, according to Freddie Mac's mortgage market survey.
September 22, 2022 | 06:05 pm PT
Tightening real estate loans can curb speculation, stabilize market: experts

Tightening real estate loans can curb speculation, stabilize market: experts

The tightening of real estate loans by commercial banks can curb speculation, help the market stabilize and avoid bubble bursts, some experts say, but others warn of downsides.
April 12, 2022 | 04:34 am PT
Apartments for less than $50,000? Not in HCMC

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
Middle class buyers drive Vietnam’s housing market

Middle class buyers drive Vietnam’s housing market

Over 80 percent of new apartments in Vietnam’s major cities in recent years have been bought by the fast-growing middle class amidst rapid urbanization.
September 14, 2020 | 08:00 pm PT
Foreigners own 2 pct of Vietnam housing supply: report

Foreigners own 2 pct of Vietnam housing supply: report

Foreigners own around 16,000 apartments in Vietnam, or 2 percent of the total housing supply, and this has not affected local people's opportunity to buy houses, a report says.
August 15, 2020 | 04:24 pm PT
Saigon apartment prices jump as licenses dry up

Saigon apartment prices jump as licenses dry up

Condominium prices in Ho Chi Minh City rose by 10 percent a year between 2014 and 2018, Savills estimates.
June 17, 2019 | 10:54 pm PT
Why foreigners aren't buying houses in Vietnam

Why foreigners aren't buying houses in Vietnam

There's a wealth of expats and overseas Vietnamese interested in the real estate market, but red tape is putting them off.
November 5, 2017 | 03:00 am PT
 
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