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Vietnam real estate market
Da Nang new apartment sales soar as confidence in market returns
Around 1,060 new apartments were sold in Da Nang City in the third quarter, 2.8 times the number from a year earlier, according to property consultancy DKRA Group.
Vietnam has 25,900 unsold properties nationwide
Apartment prices in Thu Duc City near $4,000 per square meter
Widening housing price-income gap strains affordability even for top earners
The gap between housing prices and incomes has been widening in recent years, making it hard even for the top income groups to afford to buy.
November 3, 2024 | 07:14 pm PT
My close friend regrets buying a car while still renting
A close friend of mine prioritized purchasing a car over a home while living in a rented apartment, only to regret it later when she had to move constantly.
October 31, 2024 | 03:10 pm PT
High-end apartments dominate housing market
The country’s housing market is dominated by high-end apartments costing over VND50 million (US$1,990) per square meter and lacks affordable units, according to the Vietnam Association of Realtors.
October 20, 2024 | 03:11 pm PT
Real estate acquisitions market sizzles
The property market witnessed 11 mergers and acquisitions in the first nine months of this year, with values ranging from US$1 million to hundreds of millions of dollars.
October 18, 2024 | 11:39 pm PT
HCMC office rents hit $60 per sq.m in premium, $35 in mid-range segments
Rents for grades A and B offices in HCMC went up by 2% and 2.6% year-on-year in the third quarter of 2024, according to property consultancy Knight Frank.
October 18, 2024 | 06:27 am PT
HCMC new apartment supply to remain scarce in 2025
Only 10,000 apartments are expected to hit the HCMC primary market in 2025, or just a small portion of demand, experts have said.
October 16, 2024 | 11:29 pm PT
HCMC apartment inventory shrinks by 2,000 in Q3
Over 2,000 apartments at projects already launched in HCMC were sold in the third quarter of 2024, nearly double the figure from the previous quarter.
October 12, 2024 | 06:33 pm PT
HCMC primary market house prices see first drop in 7 quarters
The average price of houses in the primary market, including townhouses, shophouses and villas, in HCMC fell in the third quarter of 2024 after six quarters of gain.
October 9, 2024 | 12:30 am PT
Townhouses, villas lie abandoned in eastern HCMC urban area
Townhouses and villas in the Dong Tang Long urban area in the eastern part of HCMC remain unoccupied for years and are deteriorating.
October 7, 2024 | 01:36 am PT
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.
October 6, 2024 | 03:17 pm PT
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
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
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