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Vietnam property market
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New apartments in Hanoi sell out despite rising prices
Most apartment projects launched in Hanoi last quarter are fully sold despite being high-priced at more than VND60 million (US$2,360) per square meter.
Hanoi suburban land prices rise
Land prices in Hanoi’s suburbs have risen by 10-20% from last year’s bottom as investors once again seek opportunities amid an expected market recovery.
I refused to buy a property if rushed by brokers
When I go on house tours, I always walk away as soon as the broker told me I would miss out if I do not buy the property immediately.
April 18, 2024 | 03:07 pm PT
Speculators’ tactic inflates Hanoi old apartment prices: experts
Speculators in Hanoi keep relisting their old apartments for sale multiple times at higher prices each time, causing a bubble, experts warn.
April 16, 2024 | 08:00 pm PT
Buyers snap up apartments on fear of rising prices
There is a sudden rush to buy apartments, with buyers putting down deposits quickly due to the “fear of missing out” as prices rise, industry insiders said.
April 12, 2024 | 04:44 am PT
My daughter refuses to fund my house purchase
Being denied by my younger daughter for a loan for a house purchase deeply saddened me, as I have dedicated my life to her and her sister, yet she withheld support when I needed it most.
April 8, 2024 | 03:41 pm PT
My apartment’s price doubles in six years
I cannot believe that the apartment I bought six years ago for VND895 million (US$36,103.2) has appreciated to VND1.7 billion.
March 31, 2024 | 05:00 pm PT
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.
March 18, 2024 | 03:00 pm PT
Property sector suffering three plagues
A shortage of affordable property, poorly-placed social housing and rising high prices are lingering as the three largest problems Vietnam’s property market is set to face throughout this year.
February 16, 2024 | 11:00 pm PT
You may try very hard and still not be able to buy a house in Saigon
You are working hard to buy a house in Saigon, but there are thousands of other people putting in 10 times more effort than you.
November 25, 2023 | 04:00 pm PT
Hanoi to review 20-year delayed urban project
Hanoi is set to review an urban project that has failed to clear land for construction for almost 20 years.
June 21, 2023 | 06:34 pm PT
Home buying in Vietnam: Mission impossible
With Vietnam's ridiculously high housing prices, the average income earner needs to accumulate 160 years of salary to buy a home.
December 13, 2022 | 04:34 pm PT
Policies, and not diktats to real estate businesses, should regulate prices
With the economy suffering from a liquidity bottleneck and the real estate market struggling, I have started hearing comments about what the industry should and should not do.
December 11, 2022 | 08:03 pm PT
To rescue or not to rescue property sector?
I was in Vietnam for a few days during a recent business trip and was asked repeatedly about the problems the country's economy was facing.
November 23, 2022 | 04:12 pm PT
Property brokers struggle amid market slump
After the frenzied activity at the beginning of 2022 the real estate market has slowed down in recent months, causing many brokers to lose their jobs.
November 22, 2022 | 06:16 pm PT
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