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HCMC apartment prices climb to record nearly $3,500 per square meter

HCMC apartment prices climb to record nearly $3,500 per square meter

The average apartment price in HCMC rose 8% year-on-year in the second quarter to a new high of VND87 million ($3,480) per square meter as high-end supply continued to rise.
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
Low supply drives apartment prices up in Hanoi, HCMC

Low supply drives apartment prices up in Hanoi, HCMC

Apartment prices are rising in Hanoi and HCMC amid a lack of supply.
July 21, 2024 | 03:14 pm PT
Hanoi villas see price increases

Hanoi villas see price increases

The Hanoi real estate market in the first half of this year saw increases in villa and townhouse prices, although the market was still slow, according to a Savills report.
July 15, 2024 | 06:13 pm PT
HCMC apartment prices rose by 15-20% annually last decade: official

HCMC apartment prices rose by 15-20% annually last decade: official

Apartment prices in HCMC have been rising by 15-20% every year since 2015, but supply remains than demand, an official has said.
July 14, 2024 | 12:28 am PT
Hanoi apartment prices draw level with HCMC

Hanoi apartment prices draw level with HCMC

The average Hanoi apartment price matched that of HCMC last month at VND50 million (US$1,965) per square meter, according to data from property listing platform Batdongsan.
June 30, 2024 | 05:42 pm PT
Why do thousands of resettlement apartments remain unoccupied?

Why do thousands of resettlement apartments remain unoccupied?

Flaws in land compensation policies, poor planning and construction quality are why thousands of resettlement apartments in Hanoi and HCMC remain unoccupied for years.
June 6, 2024 | 03:10 pm PT
13,000 apartments unoccupied in relocation projects

13,000 apartments unoccupied in relocation projects

Over 13,000 apartments built to relocate people whose lands were acquired for public works remain unoccupied, some for 20 years, with many deteriorating badly.
June 4, 2024 | 02:55 pm PT
Hanoi, HCMC downtown shops struggle to get tenants as e-commerce booms

Hanoi, HCMC downtown shops struggle to get tenants as e-commerce booms

Many shops in downtown Hanoi and HCMC are vacant as landlords demand high rents and e-commerce makes deeper inroads into the brick-and-mortar business.
May 27, 2024 | 01:00 am PT
Property consultancy Knight Frank wants construction of beachfront hotels stopped

Property consultancy Knight Frank wants construction of beachfront hotels stopped

Developers should stop building new beachfront hotels as there is a risk of oversupply and 20 million four- and five-star rooms are vacant annually, property consultancy Knight Frank said.
May 20, 2024 | 04:46 am PT
90% of condotel projects record no sale in Q1

90% of condotel projects record no sale in Q1

Ninety percent of condotel projects in Vietnam recorded no sales in the first quarter as demand plunged to a five-year low, according to market researcher DKRA Group.
May 12, 2024 | 11:55 pm PT
Vinhomes raises $313M through bonds

Vinhomes raises $313M through bonds

Property developer Vinhomes has made four bond issuances worth VND8 trillion ($314 million) with a coupon rate of 12% in a little over a month.
May 12, 2024 | 06:34 pm PT
Resort properties, villas attract interest from overseas Vietnamese

Resort properties, villas attract interest from overseas Vietnamese

Overseas Vietnamese are snapping up premium villas and resort real estate either as investments or part of retirement plans, according to the Vietnam Association of Realtors.
May 6, 2024 | 05:13 am PT
Property brokers’ job in demand again as market recovery looms

Property brokers’ job in demand again as market recovery looms

Property brokers, many of whom switched to other jobs last year, are now looking to return to the market as it shows signs of recovery.
April 20, 2024 | 11:57 pm PT
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