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Vietnam property market
Affording homes a challenge even for top 20%
Even people in the top 20% income bracket have difficulty affording a mortgage considering home prices, a new report shows.
Homebuyers hesitant to borrow despite lower mortgage interest rates
Tenants disappointed as 'premium' apartments fail to deliver
Why Hanoi apartment prices rise despite supply jump
Some 19,000 apartments entered the Hanoi primary market in the first nine months of 2024, the highest number in five years but not enough to keep prices steady.
November 9, 2024 | 09:00 pm PT
Vietnam has 25,900 unsold properties nationwide
The national inventory of unsold apartments, individual houses, and land plots reached 25,900 units by the end of September, up 52% from three months earlier.
November 6, 2024 | 05:34 am PT
My close friend regrets buying a car while still renting
A close friend of mine prioritized purchasing a car over a home while living in a rented apartment, only to regret it later when she had to move constantly.
October 31, 2024 | 03:10 pm PT
Delayed housing projects restarted but find few buyers
Many stalled housing projects have been revived but attract few buyers due to increased prices and a deterioration in their condition, according to the Vietnam Association of Realtors.
October 31, 2024 | 03:09 pm PT
Impose additional tax on owners of multiple properties: lawmakers
Lawmakers have proposed introducing a tax policy targeting individuals who own multiple properties or leave them idle.
October 28, 2024 | 03:43 pm PT
Hanoi apartment buyers dissuaded as prices soar
Surprised to see the price of an apartment in Hanoi rising by 16% in just two months, Ngoc Van and her husband have put off their home buying plans.
October 27, 2024 | 12:15 am PT
New official land prices in HCMC unveiled, top out at $27,000 per sq.m
New land prices have been announced for HCMC, and they range between VND687.2 million (US$27,040) per square meter in some downtown streets and VND2.3 million on the outskirts.
October 23, 2024 | 06:54 pm PT
Hanoi sees more premium apartments as lower-priced supply remains scarce
Several premium apartment projects with prices at VND70 million (US$2,780) per square meter or above have been launched in Hanoi as a shortage of cheaper units persists.
October 23, 2024 | 12:04 am PT
Hanoi surpasses HCMC in new apartment prices
The average price of new apartments in Hanoi was VND69 million (US$2,780) per square meter in the third quarter, higher than HCMC’s VND68 million.
October 8, 2024 | 03:10 pm PT
Investing in land, my sister is stuck with two plots after 7 years
My sister and her brother-in-law bought two land plots in 2017, but selling them now is tough and would earn less than the interest they could have made by saving the money in a bank.
October 1, 2024 | 03:20 pm PT
People criticize me for spending 8 years doing business instead of trading land
Many people call me unwise for choosing to do business instead of investing in land, which yields three times the profit for less work.
September 28, 2024 | 05:00 pm PT
Hanoi small apartment prices shoot up by 30% in 2024
Prices of small apartments measuring less than 50 square meters in Hanoi have surged by 30-40% year-on-year.
September 28, 2024 | 03:25 pm PT
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