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Property sector rife with bond defaults: ADB

Property sector rife with bond defaults: ADB

A recent Asian Development Bank (ADB) report has highlighted defaults in Vietnam’s corporate bond markets, especially in the real estate sector.
Off-plan home buying makes prices surge: lawmakers

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
Real estate is coming back in Vietnam, says Techcombank CEO

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
It needs much more than luck to get rich by trading property

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 association proposes new loans for its firms

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
HCMC apartment prices drop further as investors seek to cut losses

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
Property investors should save themselves from stalled market: expert

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
Cash-strapped apartment projects stall, buyers distressed

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
50-70% of beachfront villas, shophouses go unsold in Q3

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
HCMC records lowest apartment sales rate since 2019

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
$130,000 will no longer get you a new apartment in urban Hanoi

$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
Property market to face three big pressures: expert

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
Red tape drives up prices, causes demise of affordable housing

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
Apartment prices continue to rise in major cities

Apartment prices continue to rise in major cities

Apartment prices in Hanoi and Ho Chi Minh City continued to rise in the third quarter, going up by 0.24 percent and 0.35 percent from the previous quarter.
November 18, 2020 | 07:00 pm PT
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