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Property acquisitions on the cards as cash-strapped developers sell out: analysts

Property acquisitions on the cards as cash-strapped developers sell out: analysts

There will be a mergers and acquisitions boom in the property market over the next year as cash-strapped developers sell assets, analysts have forecast.
Higher input costs, speculation drive housing prices up

Higher input costs, speculation drive housing prices up

The increasing costs of land, materials, labor, legal procedures, and interest rates, as well as speculation, have all been pushing housing prices up for years, according to experts.
March 19, 2023 | 06:14 pm PT
Property market may heat up toward the end of 2024: insiders

Property market may heat up toward the end of 2024: insiders

As transactions remain scarce in the property market, new credit and bond policies could help boost demand starting from the end of next year, industry insiders say.
March 17, 2023 | 11:00 pm PT
House Standing Committee says no to cap on apartment ownership period

House Standing Committee says no to cap on apartment ownership period

The National Assembly Standing Committee has shot down a proposal by the government to cap apartment ownership duration citing violation of people’s rights.
March 17, 2023 | 09:45 pm PT
Singapore's CapitaLand in talks to buy Vietnam property assets from Vinhomes: sources

Singapore's CapitaLand in talks to buy Vietnam property assets from Vinhomes: sources

Asian real estate giant CapitaLand Group is in talks to acquire assets worth roughly $1.5 billion from Vietnam's biggest listed property firm Vinhomes JSC (VHM.HM).
March 17, 2023 | 09:03 am PT
Southern land prices fall 25%

Southern land prices fall 25%

Land in Ho Chi Minh City and neighboring provinces has dropped 10-25% since January as indebted investors continue liquidating their properties.
March 14, 2023 | 05:55 pm PT
In unprecedented slump, no beachfront properties sold for 2 months

In unprecedented slump, no beachfront properties sold for 2 months

For the first time in 10 years no beachfront shophouses, villas and condotels were sold in the first two months of the year, property service provider DKRA Vietnam said.
March 14, 2023 | 03:15 pm PT
Government proposes to limit apartment ownership duration

Government proposes to limit apartment ownership duration

In amendments to the Housing Law it has submitted to the National Assembly Standing Committee, the Government wants the duration of apartment ownership to be fixed.
March 13, 2023 | 06:20 pm PT
Difficulties in real estate market to last until late 2024: experts

Difficulties in real estate market to last until late 2024: experts

Experts are predicting that difficulties in the real estate market will last until the end of next year.
March 12, 2023 | 11:45 pm PT
Cash-strapped property firms graced by debt payment delay

Cash-strapped property firms graced by debt payment delay

Financially struggling real estate companies will enjoy an extension of principal and interest payments, as well as delayed debt restructuring, thanks to a government resolution taking effect Sunday.
March 12, 2023 | 03:01 am PT
HCMC calls off plan to tax 2nd property

HCMC calls off plan to tax 2nd property

Ho Chi Minh City has scrapped a proposal to tax the second property owned by people it had been considering to reduce speculation.
March 10, 2023 | 09:09 pm PT
Only 1.7% of HCMC applicants get social housing loans

Only 1.7% of HCMC applicants get social housing loans

Of 18,000 people in HCMC who have sought loans to buy or build social housing in the last five years, only 1.7 % has managed to get them.
March 10, 2023 | 08:44 pm PT
HCMC runs out of land for workers’ housing

HCMC runs out of land for workers’ housing

Industrial parks and export processing zones in Ho Chi Minh City have no space left to build workers’ housing, while current accommodations meet only 15% of demand.
March 10, 2023 | 04:55 pm PT
Vietnam among top five property investment destinations for wealthy Singaporeans

Vietnam among top five property investment destinations for wealthy Singaporeans

Vietnam is the fifth most popular destination for property investment for wealthy Singaporeans after Australia, India, Hong Kong, and mainland China, according to a new report.
March 9, 2023 | 07:45 pm PT
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