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housing market
Young people opt for rental housing as ownership slips out of reach
Young people are opting to rent homes rather than burden themselves with debt as property prices outpace their incomes.
I pity the man who bought my family’s land for nearly $180,000
I invest in gold, stocks because homes are overpriced
Young city-dwellers rent for life as HCMC apartments cost nearly $2,400 per sqm
Housing prices in major cities have reached VND60 million (US$2,350) per square meter, making homeownership unattainable for those without high incomes, readers shared.
March 5, 2025 | 04:00 pm PT
Young Vietnamese flock back to empty nest as housing becomes unaffordable
After just four months of renting their own apartment, Tran Hai and his wife were forced to return to his parents’ home unable to afford the soaring rent.
February 26, 2025 | 01:00 am PT
Quiz: Which city is Asia’s busiest super-prime housing market?
The city rated as Asia’s busiest super-prime housing market saw the most residential transactions worth above US$10 million in the 12 months to March 2024, according to Knight Frank.
June 6, 2024 | 08:34 pm PT
Young people increasingly willing to incur debts to buy homes
Thuy Linh, 29, bought an apartment in Hanoi valued at VND2.7 billion (US$106,000) with a VND200 million down payment.
May 30, 2024 | 08:56 pm PT
Property industry among drivers of bank credit growth in Q1
Banks’ credit growth last quarter of 0.9% was driven by property, wholesale and retail, and science and technology.
May 8, 2024 | 02:53 am PT
Hong Kong apartments 12 times pricier than in Hanoi
The average price of apartments in Hong Kong is US$25,802 per square meter, the highest in Asia, while in Hanoi it is $2,068, according to Global Property Guide.
May 5, 2024 | 11:18 pm PT
No one will buy a 100-square-meter apartment for $275,000
People in my apartment building often boast that their 100-square-meter units have appreciated to VND5-7 billion (US$196,700-275,100), but I am sure no one will buy them at those prices.
April 25, 2024 | 05:30 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
Housing market to see more competition in 2024
Housing developers will launch lots of new apartment projects and sales promotions this year, making the market more competitive, according to real estate experts.
February 18, 2024 | 03:00 pm PT
Townhouse prices fall across Vietnam
Townhouse prices declined by 10-14% across the country last year, according to the Ministry of Construction.
January 14, 2024 | 05:40 pm PT
Housing market barely budges, defying downturn expectations
Housing prices have not fallen during the current economic downturn, even going up in some segments, unlike during the 2008 recession when prices fell dramatically in some cities.
December 24, 2023 | 05:00 pm PT
Promotions galore as housing developers seek to revive demand
It is raining discounts and freebies in the HCMC housing market as developers try to lure buyers.
November 10, 2023 | 12:01 am PT
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