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Hanoi apartment owners sell in haste, repent at leisure as prices keep rising
In 2023 Tran Trung Quan and his wife sold their apartment in Ha Dong District in Hanoi at a 100% profit. However, its steady increase in price since then.
Foreigners buying apartments in Vietnam await price rises to profit
A majority of foreigners purchasing apartments in Vietnam, particularly in Hanoi and Ho Chi Minh City, are doing so with the anticipation of price increases, and only a few are renting out their properties, according to CBRE.
China's home prices fall for eighth consecutive month
China's new home prices has dropped for an eighth straight month in February despite government's support measures, including reduced mortgage rates and more financial supports for residential projects.
March 15, 2024 | 10:03 pm PT
Developers recreate Paris in Phnom Penh for the rich
In downtown Phnom Penh, a huge high-end development mimicking the buildings and boulevards of Paris embodies a move to cash in on the "new frontier" for luxury -- in the capital of one of Asia's poorest countries.
March 14, 2024 | 06:27 pm PT
Hanoians turn to old apartments as new ones become unaffordable
Le Thanh of Hanoi’s Thanh Tri District was surprised when she managed to sell her 66-square-meter apartment for 80% more than what she paid for it in 2016.
March 14, 2024 | 03:00 pm PT
HCMC sees no new apartment project launches
No new apartment project launched in HCMC in the first two months of this year, according to property consultancy DKRA.
March 13, 2024 | 05:49 am PT
Why wealthy Vietnamese find foreign real estate attractive
An increasing number of businesses and wealthy individuals are investing in foreign properties, with the U.K., the U.S., Australia, and Japan being prime targets, according to Matthew Powell, head of Savills Hanoi.
March 13, 2024 | 12:29 am PT
1,200-square-meter villa built for $900k
A villa in southern Binh Duong Province spreads over 1,200 square meters and was built over a period of three years at a cost of VND24 billion (US$900,000).
March 8, 2024 | 06:08 pm PT
Housing crisis in Australia, UK, Germany, Canada deepens, international students struggle for accomodation
After studying economics in Australia for nearly two years, Ly had expected his rent to rise amid the ongoing housing crisis – but the immensity of the reality surprised him nonetheless.
March 6, 2024 | 03:23 pm PT
How will Hanoi's $4.2B smart city be developed?
The smart city of Hanoi, covering 270 hectares in the northern Dong Anh District, is set to feature a 108-floor financial tower, apartment complexes, and hundreds of luxurious villas.
March 6, 2024 | 09:15 pm PT
Storage space transformed into home with $26,000 budget
This one-story house in central coastal Phan Thiet town underwent a total transformation, from redesign to completion of construction, with budget of VND650 million ($26,313), in just 30 days before Tet 2024.
March 6, 2024 | 03:00 am PT
Tourism boom boosts Phuket's luxury home market
Robust tourism recovery on Phuket, fueled by affluent Russian and Chinese visitors, has spurred a flourishing high-end real estate market on the Thai island.
March 5, 2024 | 04:52 pm PT
Ministry rescinds proposal to cap individual housing sales, leases at 5 units annually
The Construction Ministry has retracted a controversial proposal that would have limited individuals to selling or leasing no more than five housing units annually unless they established a company.
March 5, 2024 | 12:26 am PT
HCMC villa, townhouse prices top million dollars
Nearly 70% of villas and townhouses sold in HCMC cost over VND30 billion (US$1.2 million) each, according to real estate consultancy Savills Vietnam.
March 4, 2024 | 11:04 pm PT
Vietnam ranks as second most preferred emerging real estate market in Asia-Pacific: CBRE
CBRE's 2024 Asia-Pacific Investor Intentions Survey ranks Vietnam's real estate market as the second most favored among emerging destinations in the region, trailing only behind India and ahead of Thailand.
March 4, 2024 | 03:32 pm PT
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