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Industrial property market slumps on economic woes

Industrial property market slumps on economic woes

Signs of declining foreign direct investment and dwindling manufacturing activity are slowing down the industrial property market.
Draw hosted to find buyers for balcony apartments

Draw hosted to find buyers for balcony apartments

Four people were selected randomly among 40 to purchase apartments with spacious balconies in Ho Chi Minh City’s Binh Tan District, an unusually high demand amid a dampened property market.
June 8, 2023 | 03:28 pm PT
Apartment owners, developers at odds over communal area loophole

Apartment owners, developers at odds over communal area loophole

Apartment owners are locked in disputes with building developers and managers over shared areas due to vague legal provisions, analysts said.
June 7, 2023 | 06:22 am PT
Shophouses at apartment blocks find few takers

Shophouses at apartment blocks find few takers

Shophouses in apartment buildings in Ho Chi Minh City’s eastern and southern parts, unable to find lessees for months, remain empty.
June 6, 2023 | 08:03 pm PT
Some housing projects in HCMC, Hanoi find buyers

Some housing projects in HCMC, Hanoi find buyers

Some developers managed to sell apartments and houses in Ho Chi Minh City and Hanoi last month despite the frozen property market.
June 4, 2023 | 07:40 pm PT
Lower loan interest rates could revive property market: experts

Lower loan interest rates could revive property market: experts

If bank lending interest rates drop to below 10% and remain steady, money will return to the frozen real estate market, experts reckon.
June 4, 2023 | 05:56 pm PT
Social housing developers fazed by 500-day permit approval

Social housing developers fazed by 500-day permit approval

It takes over 500 days to get all the necessary permits to develop a social housing project, but few people are eligible to buy the houses once completed.
June 1, 2023 | 07:07 pm PT
Job cuts continue in embattled property sector

Job cuts continue in embattled property sector

The mass layoffs that began last year amid a market decline continue in the struggling property sector, with major developers and brokerages downsizing their sales teams to survive.
June 1, 2023 | 03:37 pm PT
FDI flows into property down 61%

FDI flows into property down 61%

FDI in the property sector fell by 61% year-on-year in the first five months to US$1.16 billion amid a frozen market and large layoffs in the industry.
May 30, 2023 | 06:01 pm PT
Affordable housing the panacea to housing market woes: experts

Affordable housing the panacea to housing market woes: experts

If more social and affordable commercial housing is built, the frozen real estate market could thaw, according to experts.
May 30, 2023 | 04:35 pm PT
Foreign investors snapping up cheap hotels in Vietnam

Foreign investors snapping up cheap hotels in Vietnam

Foreign investors are taking advantage of the low prices of hospitality properties in Vietnam to acquire hotels and resorts.
May 28, 2023 | 07:24 pm PT
Houses fail to attract buyers despite price cuts in southern market

Houses fail to attract buyers despite price cuts in southern market

Only three townhouses were sold last month in the south, the lowest number in the last four months, according to real estate services firm DKRA Group.
May 26, 2023 | 12:19 am PT
Title deed grants to stir up condotel market

Title deed grants to stir up condotel market

The granting of title deeds on condotels is expected to resolve challenges that have been around for years, but it might take a while for the market to unfreeze amid macro difficulties.
May 23, 2023 | 03:14 pm PT
Houses for occupation in high demand, shop houses have few takers

Houses for occupation in high demand, shop houses have few takers

In HCMC, more than 65% of houses meant for occupation have been leased while street-front houses for businesses are largely vacant.
May 23, 2023 | 02:30 am PT
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