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housing market
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Real estate liquidity falls in 6 months
The real estate market has so far this year seen weak liquidity due to various reasons, including low confidence of buyers, according to experts.
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
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
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
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
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
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
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
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 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
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
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