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Vietnam property
Vietnam property tycoon bets big on new airline
Bamboo Airways will come up against heavyweights such as AirAsia and Thai Airways as well as local players Vietnam Airlines and VietJet.
Rents plummet even as prices surge in HCMC property market
Apartment prices continue to rise in major cities
Red tape drives up prices, causes demise of affordable housing
Affordable housing, defined as costing below $1,000 per square meter, has all but disappeared from the market, experts said.
December 28, 2020 | 11:00 pm PT
Property market to face three big pressures: expert
The property market will become more volatile in the second half of the year with low liquidity, a listless secondary market and higher prices, an economist has predicted.
June 18, 2021 | 08:00 pm PT
$130,000 will no longer get you a new apartment in urban Hanoi
After many months of searching Quynh Tram in Hanoi realized that with her budget of VND3 billion (US$128,000) she could not buy an apartment in an urban area.
September 12, 2022 | 07:34 pm PT
HCMC records lowest apartment sales rate since 2019
Only 990 apartments were sold in HCMC in the third quarter as the absorption rate fell to 15%, the lowest since 2019, according to Savills Vietnam.
October 30, 2022 | 06:36 pm PT
50-70% of beachfront villas, shophouses go unsold in Q3
Vietnam’s beachfront villa and shophouse inventory stood at 50-70% of units offered for sale in the third quarter, according to real estate service provider DKRA Vietnam.
November 4, 2022 | 04:31 am PT
Cash-strapped apartment projects stall, buyers distressed
Many apartment projects in Vietnam have stalled due to lack of funds caused by credit tightening and higher interest rates, leaving buyers in trouble.
November 29, 2022 | 04:00 pm PT
Property investors should save themselves from stalled market: expert
Real estate investors should cut their losses now and save themselves instead of waiting for the State to rescue the stalled property market, said expert Dang Hung Vo.
December 9, 2022 | 05:07 pm PT
HCMC apartment prices drop further as investors seek to cut losses
Apartment investors and speculators in HCMC are now willing to accept losses of VND500-600 million (US$20,800-25,000), compared to the earlier VND300 million, to dispose of their units.
December 11, 2022 | 05:57 pm PT
Real estate association proposes new loans for its firms
The HCMC Real Estate Association has proposed the central bank allow real estate businesses to restructure debts due in 1-2 years and to access new loans with collateral.
February 9, 2023 | 04:00 am PT
It needs much more than luck to get rich by trading property
I had a conversation one day late last year with Hoang, a motorbike taxi driver in Hanoi.
March 5, 2023 | 09:10 am PT
Real estate is coming back in Vietnam, says Techcombank CEO
Jens Lottner, CEO of Vietnam-based bank Techcombank, discusses the Vietnamese central bank's decision to cut interest rates and how it's affecting investor sentiment.
June 20, 2023 | 12:42 am PT
Off-plan home buying makes prices surge: lawmakers
The popularity of off-plan property purchase in Vietnam has been pushing up prices to unusual levels and encouraging speculation rather than meeting real demand, lawmakers say.
June 20, 2023 | 12:43 am PT
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