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Property market slump
HCMC economic growth at 5-year high in H1

HCMC economic growth at 5-year high in H1

The HCMC economy grew at 6.46% in the first half, the fastest clip since 2020, according to its Statistics Office.
Falling demand fails to depress Hanoi old apartment prices

Falling demand fails to depress Hanoi old apartment prices

Housing market has bottomed, but supply low: analysts

Housing market has bottomed, but supply low: analysts

Real estate developers criticized for overdependence on bank loans

Real estate developers criticized for overdependence on bank loans

Property developers fund their projects unsustainably, with more than 80% of their money coming from short-term bank loans and bonds, according to experts.
February 13, 2024 | 06:00 am PT
$4.8B worth of real estate bonds to be redeemed in 2024

$4.8B worth of real estate bonds to be redeemed in 2024

Some VND120 trillion (US$4.8 billion) worth of bonds issued by real estate firms fall due this year, the highest level in five years, according to trading data provider FiinGroup.
February 12, 2024 | 04:38 pm PT
Hanoi townhouse, villa demand falls to 10-year low

Hanoi townhouse, villa demand falls to 10-year low

Transactions in the Hanoi housing market’s townhouse and villa segments declined by 76% in 2023 to the lowest levels since 2014, according to property consultancy Savills.
January 21, 2024 | 03:00 pm PT
HCMC commercial housing supply surges

HCMC commercial housing supply surges

The commercial housing supply in Ho Chi Minh City in 2023 increased by 20.6% against 2022, and were sold out.
January 16, 2024 | 02:05 am PT
HCMC high-end apartment segment in utter slump despite falling prices

HCMC high-end apartment segment in utter slump despite falling prices

The high-end apartment segment in HCMC had an absorption rate of just 2.3% last quarter despite a 12% drop in prices, according to new reports.
January 11, 2024 | 03:00 pm PT
With order books empty, small construction firms struggle for survival

With order books empty, small construction firms struggle for survival

With the real estate market remaining sluggish, most small construction businesses are still waiting for their first contract for 2024.
January 10, 2024 | 07:17 pm PT
Real estate only services industry in HCMC with negative growth

Real estate only services industry in HCMC with negative growth

Real estate was the only services industry in HCMC to decline in 2023 while all others grew by 3-10%, according to its statistics office.
January 10, 2024 | 06:23 pm PT
With no recovery in sight, real estate loses sheen as asset class

With no recovery in sight, real estate loses sheen as asset class

Real estate lost its attractiveness and was not the leading asset class in 2023, according to the Vietnam Association of Realtors.
January 8, 2024 | 04:00 am PT
Townhouse, villa sales fall by 92% in the south

Townhouse, villa sales fall by 92% in the south

Transactions in the townhouse and villa segments in the south decreased by 92% last year to reach their lowest levels in five years.
January 7, 2024 | 09:00 pm PT
Real estate supply, demand slump in 2023

Real estate supply, demand slump in 2023

The property market saw both demand and supply slump in 2023 due to legal problems and lack of cash flows for developers.
January 6, 2024 | 08:28 pm PT
2023 recap: a rough year for southern land market

2023 recap: a rough year for southern land market

The southern land market remained stuck in a downtrend that started in mid-2022, with both number of transactions and prices falling dramatically in 2023.
January 4, 2024 | 11:50 pm PT
Resort real estate sales fall to 10-year low

Resort real estate sales fall to 10-year low

The sales of beach villas, townhouses and condotels fell to a 10-year low and inventories rose in 2023, and the situation is expected to persist through 2024.
January 3, 2024 | 05:29 am PT
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