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HCMC primary market house prices see first drop in 7 quarters

HCMC primary market house prices see first drop in 7 quarters

The average price of houses in the primary market, including townhouses, shophouses and villas, in HCMC fell in the third quarter of 2024 after six quarters of gain.
Garth Brook's wife sells Tennessee property 24 hours before husband's rape lawsuit

Garth Brook's wife sells Tennessee property 24 hours before husband's rape lawsuit

Trisha Yearwood, the wife of country music star Garth Brooks, sold their home in Tennessee a day before Brooks faced allegations of rape and sexual assault.
October 8, 2024 | 02:03 am PT
Townhouses, villas lie abandoned in eastern HCMC urban area

Townhouses, villas lie abandoned in eastern HCMC urban area

Townhouses and villas in the Dong Tang Long urban area in the eastern part of HCMC remain unoccupied for years and are deteriorating.
October 7, 2024 | 01:36 am PT
Cars crowd social housing parking lots

Cars crowd social housing parking lots

Social housing apartments are supposed to be reserved for low-income individuals, yet I once saw a parking lot at one of these buildings filled with tenants’ fancy cars.
October 2, 2024 | 06:56 pm PT
Low-interest mortgages attract little interest amid soaring property prices

Low-interest mortgages attract little interest amid soaring property prices

Investors are reluctant to borrow from banks to buy properties despite low interest rates since prices are high.
September 29, 2024 | 11:52 pm PT
Truong My Lan offers personal assets to compensate bond fraud victims, denies culpability

Truong My Lan offers personal assets to compensate bond fraud victims, denies culpability

Truong My Lan has denied accusations she masterminded a VND30-trillion ($1.2 billion) bond scheme fraud, but expressed willingness to use her personal assets to compensate victims.
September 23, 2024 | 08:10 pm PT
HCMC real estate brokerages' revenues grow by 6.1%

HCMC real estate brokerages' revenues grow by 6.1%

Real estate companies in HCMC reported revenues of VND173 trillion (US$7 billion) in the first eight months of 2024, a 6.1% increase year-on-year, according to the city Statistics Office.
September 14, 2024 | 03:20 pm PT
Resort property developers remain mired in red ink

Resort property developers remain mired in red ink

Many resort real estate developers reported losses, some bigger than a year earlier, in the first half of 2024 despite a recovery in tourism.
September 12, 2024 | 07:47 pm PT
Vietnam real estate market least transparent in Southeast Asia

Vietnam real estate market least transparent in Southeast Asia

Vietnam has been rated the least transparent property market in Southeast Asia, ranking behind Singapore, Thailand, Malaysia, Indonesia, and the Philippines among the six countries evaluated.
September 11, 2024 | 02:19 am PT
Investing costs me everything while land speculators profit

Investing costs me everything while land speculators profit

I sold my land and house to invest in a business, but ended up being poorer than my brother who only waited for property prices to rise.
August 31, 2024 | 11:00 pm PT
How should we utilize the three properties gifted by my parents and in-laws?

How should we utilize the three properties gifted by my parents and in-laws?

My husband’s parents gifted us two plots of land, and my parents gave us an apartment, so we are considering how best to utilize these assets.
August 23, 2024 | 09:50 pm PT
Hanoi homebuyers despair as prices skyrocket

Hanoi homebuyers despair as prices skyrocket

Thuy Hong and her husband were shocked when the price of an apartment they had planned to buy a few months earlier jumped from VND3 billion (US$)120,361 to VND4.2 billion.
August 20, 2024 | 03:01 pm PT
I feel trapped by my $800 monthly salary

I feel trapped by my $800 monthly salary

I make VND20 million (US$800) a month but feel trapped because I cannot buy a house on that salary yet I am hesitant to switch jobs.
August 19, 2024 | 03:04 pm PT
My mother pressures me to sell land cheaply to my younger brother and his wife

My mother pressures me to sell land cheaply to my younger brother and his wife

Initially, my mother instructed me to sell the land to my brother at market price, but later suggested a 20% discount, and now she advises accepting whatever he offers.
August 14, 2024 | 07:20 pm PT
Hanoi's villa, townhouse sales plunge 40% in Q2

Hanoi's villa, townhouse sales plunge 40% in Q2

Only 110 townhouses and villas were sold in Hanoi in the second quarter, down 40% from the first, according to property consultancy Savills.
August 14, 2024 | 05:34 am PT
Shanghai's wealthy upgrade to new luxury homes despite property market downtrend

Shanghai's wealthy upgrade to new luxury homes despite property market downtrend

Sales of luxury homes in Shanghai are soaring as rich individuals, undeterred by China real estate market’s slump, purchase newly built units in prime locations.
August 12, 2024 | 03:33 am PT
Individuals’ property transactions capped at 10 a year

Individuals’ property transactions capped at 10 a year

Individuals engaged in small-scale real estate activities can carry out a maximum of 10 transactions a year each worth not more than VND300 billion (US$11.9 million) from August.
August 4, 2024 | 08:57 pm PT
Resort real estate supply recovers sharply in some areas

Resort real estate supply recovers sharply in some areas

Some 2,800 new units were launched in the resort real estate segment in the second quarter, an eight-fold increase from the first and mostly concentrated in a few locations.
July 23, 2024 | 07:58 pm PT
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