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HCMC new apartment sales plunge 16% in Q3

HCMC new apartment sales plunge 16% in Q3

In HCMC, 1,915 apartments were sold in the primary market in the third quarter, down 16% from the second, according to a report by property consultancy Savills Vietnam.
Investing in land, my sister is stuck with two plots after 7 years

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
Finance ministry mulls tax on multiple property ownership

Finance ministry mulls tax on multiple property ownership

The Ministry of Finance will study the feasibility of taxing people who own multiple properties to curb real estate speculation, its deputy minister has said.
September 29, 2024 | 06:20 pm PT
People criticize me for spending 8 years doing business instead of trading land

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
The dilemma that comes with inheriting 6,000 square meters of farmland

The dilemma that comes with inheriting 6,000 square meters of farmland

I believe that one should not sell their inheritance, but I do not know what else I should do with my inherited 6,000 square meters of agricultural land.
September 24, 2024 | 03:14 pm PT
Southern Binh Duong province sees return of $45,000 apartments

Southern Binh Duong province sees return of $45,000 apartments

Several new apartment projects have been launched in Binh Duong Province near HCMC at VND1.2-1.7 billion (US$44,800-69,300), price points that have not been seen in recent years.
September 16, 2024 | 06:27 pm PT
HCMC new apartment market prices itself out of buyers’ reach

HCMC new apartment market prices itself out of buyers’ reach

Low supply of apartments and high prices on the primary market in HCMC have caused prospective buyers to turn to older units.
September 15, 2024 | 03:00 pm PT
HCMC real estate brokerages' revenues grow by 6.1%

HCMC real estate brokerages' revenues grow by 6.1%

Real estate companies in HCMC reported revenues of VND173 trillion (US$7 billion) in the first eight months of 2024, a 6.1% increase year-on-year, according to the city Statistics Office.
September 14, 2024 | 03:20 pm PT
Southern apartment market transactions down 94% as investors wait on effects of law changes

Southern apartment market transactions down 94% as investors wait on effects of law changes

Only 189 apartments were traded in HCMC and neighboring provinces in July, down 94% from a year ago.
August 14, 2024 | 07:21 pm PT
Hanoi's villa, townhouse sales plunge 40% in Q2

Hanoi's villa, townhouse sales plunge 40% in Q2

Only 110 townhouses and villas were sold in Hanoi in the second quarter, down 40% from the first, according to property consultancy Savills.
August 14, 2024 | 05:34 am PT
Realtors association seeks homebuying incentives for people with 2 kids

Realtors association seeks homebuying incentives for people with 2 kids

The Vietnam Association of Realtors wants people who have two children to get financial support to buy social housing as an incentive to reverse the country’s declining birth rates.
August 14, 2024 | 03:39 am PT
Southern Binh Duong province attracts foreign investment in affordable housing

Southern Binh Duong province attracts foreign investment in affordable housing

Foreign developers are flocking to Binh Duong Province next to HCMC to invest in the affordable housing segment as it has ample lands and competitive costs.
July 26, 2024 | 09:41 pm PT
Sub-$120,000 apartments disappearing from HCMC market

Sub-$120,000 apartments disappearing from HCMC market

Apartments costing less than VND3 billion (US$119,000) are disappearing from the HCMC market with new supply in the segment drying up.
July 23, 2024 | 02:00 am PT
Growing supply to worsen Hanoi’s high office building vacancy rate

Growing supply to worsen Hanoi’s high office building vacancy rate

A rapid increase in new office space in Hanoi is expected to soon drive the vacancy rate to 30%, property consultancy Knight Frank Vietnam has forecast.
July 19, 2024 | 08:36 pm PT
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