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Investor favor shifts from land to apartments
Investors are shifting their interest from land to apartments as there are signs that land prices have entered a cooling off phase following a first quarter surge.
New high-end apartment supply up 120 pct
In the first six months, 7,040 new high-end housing units were launched in HCMC, up 123 percent year-on-year, accounting for 59 percent of new supply.
Double threshold for taxing housing rental incomes: HoREA
The Ho Chi Minh City Real Estate Association wants the threshold for the proposed rental income tax doubled to VND200 million ($8,700) a year.
June 22, 2021 | 11:17 am GMT+7
Vietnam urged caution on credit for property market
HSBC has advised Vietnam to be cautious about provision of credits for its property market, considering it fraught with risk.
June 16, 2021 | 09:00 pm GMT+7
PM laments focus on high-end housing, calls for balance
PM Pham Minh Chinh has called on authorities to regulate the housing market to stop the extreme skew toward investment in the high-end segment.
May 19, 2021 | 04:34 pm GMT+7
Affordable housing on the verge of extinction
Affordable housing at prices of up to VND2 billion ($86,900) has gradually disappeared from the Vietnamese market.
April 14, 2021 | 08:00 am GMT+7
Pandemic fails to dampen HCMC apartment market
Apartment prices in HCMC in the first quarter rose by 0.7 percent from the previous quarter despite a fresh outbreak of Covid-19 during the period.
April 09, 2021 | 05:15 pm GMT+7
Bright prospects seen for Vietnam property market
Economic stability, positive investor sentiment, strong demand, and a diverse range of products are keeping the property market robust.
March 16, 2021 | 08:00 pm GMT+7
Developers struggle to sell high-end apartments in HCMC
The number of high-end apartments remaining unsold in HCMC soared by 74 percent year-on-year in the last quarter of 2020 as demand slumped.
January 20, 2021 | 01:00 pm GMT+7
Hotels for sale at new high amid pandemic blues
Hotels with ‘for sale’ signs have mushroomed across different parts of Vietnam, despite a scarcity in buyers.
September 16, 2020 | 07:56 pm GMT+7
Vinhomes to build $10 bln urban area in northern Vietnam
Real estate giant Vinhomes plans to set up a joint venture with its parent company, Vingroup, to develop a $10 billion urban area in Quang Ninh Province.
July 11, 2020 | 03:00 pm GMT+7
Novaland seeks ministry intervention to revive multi-million dollar HCMC project
Real estate developer Novaland has asked the Ministry of Construction for help in resuming work on a stalled 32-hectare project in Saigon.
February 08, 2020 | 08:36 pm GMT+7
Two scenarios for HCMC real estate market in 2020
The Saigon housing market this year will depend on the resolution of the legal issues that plagued it last year, according to property consultancy CBRE.
January 30, 2020 | 08:09 am GMT+7
Luxury apartments more common than affordable housing in HCMC
Affordable apartments only accounted for 2 percent of housing supply in HCMC last year while luxury apartments made up 6 percent, CBRE says.
January 13, 2020 | 10:58 am GMT+7
Shophouse rentals skyrocket in downtown HCMC
Rents for shophouses in downtown Ho Chi Minh City have increased by 35 percent in 2019, according to real estate portal batdongsan.com.vn.
January 01, 2020 | 01:57 pm GMT+7
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