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Quarantine services send HCMC hotel room rents soaring
Average room rates at six designated quarantine hotels in HCMC are between 15-80 percent higher than the market average of $54.
Condotel sales plummet
The number of condotels sold in the third quarter fell 99 percent year-on-year as demand continued to fall over legal uncertainties.
Affordable home shortage plagues Vietnam: government report
The housing market has an oversupply of mid- and high-priced units but a shortage in the affordable segment despite large demand.
October 13, 2020 | 03:16 pm GMT+7
Southern industrial land rents surge
Rents in southern industrial parks have risen 20-30 percent year-on-year in the third quarter and occupancy rates are high as companies shift their production to Vietnam.
October 08, 2020 | 02:29 pm GMT+7
HCMC, Hanoi office markets insulated from pandemic impacts
High demand for office in HCMC and Hanoi has pushed prices up in the third quarter despite Covid-19 impacts on businesses, reports say.
October 04, 2020 | 08:00 am GMT+7
HCMC metro work gives massive boost to nearby house prices
Construction of the first metro route in Ho Chi Minh City has boosted residential prices in its vicinity to 25-75 percent higher than launching prices.
September 22, 2020 | 09:32 am GMT+7
Middle class buyers drive Vietnam’s housing market
Over 80 percent of new apartments in Vietnam’s major cities in recent years have been bought by the fast-growing middle class amidst rapid urbanization.
September 15, 2020 | 11:00 am GMT+7
HCMC new housing supply continues to fall
The number of new housing units entering the HCMC market dropped by nearly half between 2017 and 2019 as the city tightened permit issuance.
September 11, 2020 | 09:00 am GMT+7
Limited supply to drive housing prices up: report
With developers struggling to get licenses for new projects, housing prices could rise by up to 10 percent this year, according to a report by brokerage SSI Securities Corporation.
August 27, 2020 | 03:43 pm GMT+7
Real estate firms’ profits plummet on pandemic woes
Property companies listed on the Hanoi Stock Exchange reported a 79.4 percent year-on-year fall in profits in the first half due to the Covid-19 outbreak.
August 24, 2020 | 12:24 pm GMT+7
Australian firm to invest $350 mln in Vietnam logistics real estate
Australian company Logos plans to invest $350 million in the logistics real estate segment in Vietnam to take advantage of rising demand in the country.
August 20, 2020 | 10:00 am GMT+7
Foreigners own 2 pct of Vietnam housing supply: report
Foreigners own around 16,000 apartments in Vietnam, or 2 percent of the total housing supply, and this has not affected local people's opportunity to buy houses, a report says.
August 16, 2020 | 07:24 am GMT+7
Real estate companies top worker layoff list amid Covid-19 woes
Two thirds of real estate companies in Vietnam have laid off employees as a result of the Covid-19 pandemic, the highest rate of any sector, a survey found.
August 07, 2020 | 12:07 pm GMT+7
Vinhomes profits up 13 pct in H1
Real estate giant Vinhomes reported a pre-tax profit of VND15 trillion ($654 million) for the first half, up 13 percent year-on-year.
July 27, 2020 | 10:50 am GMT+7
Hanoi new apartment supply falls to seven-year low
With the government tightening control over permits, Hanoi’s second quarter new apartment supply fell to a seven-year low.
July 17, 2020 | 08:09 am GMT+7
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