Affordable housing on verge of extinction in Vietnamese market: forum
Affordable housing, defined to have a price of less than VND25 million ($1,060) per square meter, is almost "extinct" in the Vietnamese market, especially in big cities like Hanoi and Ho Chi Minh City, heard the Spring Real Estate Forum held in Hanoi.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Binh Duong emerges as attractive destination for affordable home buyers
While the apartment supply in Ho Chi Minh City has hit its lowest point in the last 10 years, neighboring Binh Duong province is emerging as an attractive destination for home buyers with a supply of diverse products at affordable prices, according to Savills Vietnam.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Affordable housing to lead Vietnam property market recovery: experts
Affordable housing will lead the Vietnamese real estate market recovery this year as even in the most difficult times, this segment still draws great attention from customers, said experts.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Average house price in HCMC exceeds $296,000
The median house price in Ho Chi Minh City has reached more than VND7 billion ($296,000), 32.5 times higher than the average annual household income of just VND217 million ($9,110), according to a report by Singapore-based research firm The Urban Land Institute (ULI).
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Sustainable real estate development vital for market health
Vietnam’s real estate market needs to focus on developing properties that create "real values" such as industrial and commercial real estate, affordable housing, and social housing, said Long Phan, founder and director at AFA Research & Education.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Affordable housing warms up Binh Duong real estate market
Housing segments that meet demand with prices of less than VND3 billion ($128,000) a unit are warming up the property market in Binh Duong province, which borders Ho Chi Minh City.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Eastern HCMC meets real housing demand
The east of Ho Chi Minh City still has many new housing units with affordable prices for buyers, while other parts of the megacity have seen almost no new supplies.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
IFC invests $100 mln in SeABank to help buyers of budget homes
More lower- and middle-income families in Vietnam will be able to buy homes thanks to a $100 million investment in SeABank by the IFC, the World Bank’s investment arm.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
IFC approves $100 mln loan to enhance SeABank housing loans
The World Bank’s investment arm IFC has agreed a $100 million senior loan with five years in tenor to SeABank, with the proceeds to be exclusively used for the Vietnamese lender’s housing portfolio, including affordable housing.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
It’s time to make build amid market challenges: Thang Loi Group CEO
Ho Chi Minh City-based property developer Thang Loi Group is giving top priority to corporate restructuring to make it healthier this year, rather than trying to expand the business in challenging times, CEO Nguyen Thanh Quyen tells The Investor.
Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7
Sales forecast positive for affordable, social housing in 2023
Affordable and social housing is likely to see high demand in 2023 which would help ease the market stagnation, said realty experts and developers.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
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