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Disillusioned after buying so-called high-end apartments

Disillusioned after buying so-called high-end apartments

After paying VND3 billion (US$127,000) for an apartment whose developer had described it as high-end, Hanoian Thu Thuy was disappointed to find it lacked amenities and abutted a landfill.
Evergrande's debt revamp roadblock hits China property investors' sentiment

Evergrande's debt revamp roadblock hits China property investors' sentiment

China Evergrande Group's latest trouble in firming up a long-pending debt restructuring plan led to a sell-off in its and peers' shares on Monday, as worries resurfaced about the crisis-hit property sector after a brief respite.
September 25, 2023 | 03:40 am PT
Property market slump to persist until mid-2024

Property market slump to persist until mid-2024

The legal problems plaguing real estate firms have not been resolved, and could continue until the third quarter of next year, experts and industry insiders warn.
September 25, 2023 | 02:59 am PT
Brokers falsely listing houses for 'stop-loss' buys

Brokers falsely listing houses for 'stop-loss' buys

Many real estate brokers are falsely using "stop-loss" tags to attract buyers in struggling times.
September 16, 2023 | 08:32 pm PT
Hanoi property developer chief arrested for alleged frauds

Hanoi property developer chief arrested for alleged frauds

CEO of property developer Nhat Nam Group, Vu Thi Thuy, has been arrested for allegedly providing false information on property projects to defraud buyers.
September 6, 2023 | 07:42 pm PT
Unpaid workers, silent sites: China's property woes hit Country Garden

Unpaid workers, silent sites: China's property woes hit Country Garden

At an unfinished Country Garden residential complex on the outskirts of the northern Chinese metropolis of Tianjin, construction has slowed to a dull whirr and a few idle workers roam a near-empty site.
August 23, 2023 | 04:17 am PT
Northern industrial province to build 75,000 social housing units

Northern industrial province to build 75,000 social housing units

Bac Giang, where major foreign companies, including Apple supplier Foxconn and Samsung Electronics supplier SI Flex, have manufacturing facilities, plans to build 75,000 social housing units by 2030.
August 21, 2023 | 06:56 pm PT
Property market expects money inflows following lending rate cuts

Property market expects money inflows following lending rate cuts

Continuous interest rate cuts and support policies are gradually proving effective, helping ease difficulties facing the real estate market, experts have said.
August 18, 2023 | 11:40 pm PT
Foreign investors dominate real estate M&A market in Vietnam

Foreign investors dominate real estate M&A market in Vietnam

Investors from Singapore, South Korea, Taiwan, Japan and Malaysia invested about $1.4 billion in merger and acquisition (M&A) deals in Vietnam's real estate sector in the first seven months of this year.
August 17, 2023 | 01:00 am PT
Untangling legal knots not a panacea, condotel developers discover as demand tanks

Untangling legal knots not a panacea, condotel developers discover as demand tanks

Over 42,300 condotels remained unsold at the end of June amid weak demand even after the government resolved the legal issues that once made them a somewhat risky investment.
August 4, 2023 | 09:40 pm PT
Property market not to thaw anytime soon: experts

Property market not to thaw anytime soon: experts

The property market will not recover this year because market sentiment is low, bank interest rates are high, legal issues linger, and economic recovery is sluggish, analysts have said.
July 30, 2023 | 03:14 pm PT
30,000 beachfront villas, shophouses on the shelf

30,000 beachfront villas, shophouses on the shelf

Vietnam’s coastal tourist localities currently have roughly 30,000 beachfront villas, shophouses and townhouses, priced at tens of billions of dong a unit, in inventory.
July 26, 2023 | 03:29 am PT
Vietnam real estate's stress is over: Fitch Ratings

Vietnam real estate's stress is over: Fitch Ratings

With the reduction in interest rates, international credit rating agency Fitch Ratings believed the credit and liquidity risks of Vietnam’s real estate have passed their peak.
July 24, 2023 | 07:00 pm PT
Intra-city migration on the rise among families

Intra-city migration on the rise among families

Vietnamese families are increasingly moving to different neighborhoods in the same city to provide better living conditions for their children.
July 23, 2023 | 08:56 pm PT
Vietnam property sector-related risks receding: Fitch Ratings

Vietnam property sector-related risks receding: Fitch Ratings

The risks from the struggling property sector have receded, but falling foreign exchange reserves might expose Vietnam to external shocks, Fitch Ratings has said.
July 19, 2023 | 08:02 pm PT
West Lake property prices almost double in 5 years

West Lake property prices almost double in 5 years

Apartments and villas in the western area of Hanoi’s West Lake have seen prices nearly double in the last five years thanks to new infrastructure being developed.
July 13, 2023 | 06:44 pm PT
Foreigners should face no barriers to house hunting

Foreigners should face no barriers to house hunting

As a professional in the Australian property sector, I'm seeing a growing trend of high-net-worth individuals relocating to Australia, as well as the increasing number of international homebuyers.
July 11, 2023 | 03:21 pm PT
For Hong Kong's youth, government-backed hostels offer a smidgen of housing hope

For Hong Kong's youth, government-backed hostels offer a smidgen of housing hope

For most young adults, moving out of home is a rite of passage but in Hong Kong - notorious for its chronic lack of housing - it's usually an unaffordable dream.
July 9, 2023 | 07:36 pm PT
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