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Vietnam real estate
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I cut my losses after renting out my apartment for 5 years
Believing in real estate brokers’ rose-tinted advice, I bought an apartment to rent out only to end up selling it at a huge loss.
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.
An apartment should be viewed as a consumable, not an investment
I have always viewed my apartment unit as a place to stay and, similar to my car, a consumable instead of an investment that either brings loss or profit.
March 14, 2024 | 03:00 pm PT
What I learned from borrowing $60,000 to buy house in Hanoi alley
Borrowing VND1.5 billion (US$60,858) to quickly close the deal on a VND3.35 billion house in an alley in Hanoi instead of waiting was one of my best decisions.
March 12, 2024 | 03:00 pm PT
House prices average nearly 24 times annual household income
The average house price in Vietnam is 23.75 times the annual household income, up from last year’s 23.5, according to Serbia-based statistics site Numbeo.
March 10, 2024 | 07:50 pm PT
Leaving my apartment for a house changed my life
My life has been much better after I escaped the elevator queue and the long walk to get to the car park that came with my previous apartment.
March 7, 2024 | 12:32 am 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
My friend lost $48,000 selling HCMC apartment despite 34% price growth
The price of my friend’s apartment in HCMC grew to VND2.73 billion (US$110,795.6) from VND2.05 billion after five years, but he still made a VND1.2 billion ($48,701.3) loss selling it.
February 28, 2024 | 03:00 pm PT
$200,000 investment: inner city apartment or suburban land?
Buying land in the city's outskirts might be better than an apartment in the city's center, depending on the buyer's needs.
February 26, 2024 | 03:15 pm PT
Overseas Vietnamese snap up domestic property
Foreign Vietnamese are spending big on apartments and land in Vietnam, which they consider a good investment assets compared to prices in developed markets.
February 25, 2024 | 03:00 pm PT
Most HCMC apartments to cost $200,000-400,000 in next two years
Apartments sold in HCMC in the next two years will mainly be in the VND5-10 billion (US$200,000-400,000) price range with VND2-5 billion units becoming scarce, according to Savills Vietnam.
February 25, 2024 | 05:06 am PT
No real estate boom does not mean lower house prices
Whether or not there's a real estate boom, properties near industrial zones and urban areas will still increase in value.
February 23, 2024 | 03:46 pm PT
If I get a mortgage, should I buy a house in Mekong Delta or Ho Chi Minh City?
The choice depends on whether the house is for investment or living, but taking out a loan is easier if it is for a house in HCMC, the expert said.
February 22, 2024 | 03:58 pm PT
Where to invest in 2024?
The stock market might recover this year while the real estate, gold and cryptocurrency markets face uncertainties, experts forecast.
February 21, 2024 | 04:21 am PT
Vietnam 2nd most attractive emerging property market in Asia Pacific: survey
Vietnam ranks behind only India as the most sought-after emerging property market in the Asia Pacific, according to a recent survey by property consultancy CBRE.
February 20, 2024 | 08:48 pm PT
Serviced apartment rents edge up in 2023
Rents for serviced apartments in Ho Chi Minh City and Hanoi increased by 1-8% last year.
February 18, 2024 | 07:44 pm PT
Housing market to see more competition in 2024
Housing developers will launch lots of new apartment projects and sales promotions this year, making the market more competitive, according to real estate experts.
February 18, 2024 | 03:00 pm PT
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