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Hanoi apartment prices forecast to further increase 10%: CBRE

Apartment prices in Hanoi are forecast to continue climbing by an additional 10% due to low supply, property service firm CBRE said in a report.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Apartments priced at $17,000 per sqm spotted in HCMC

Ho Chi Minh City recorded apartments with prices up to VND425 million ($17,000) per square meter in the first quarter of this year, according to property consultancy firm DKRA Group.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Real estate proves hard to find in Can Tho city

Despite being the central urban area of the Mekong Delta region, Can Tho city is facing a scarcity of real estate products this year, with only one project put up for sale in the first quarter.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam property prices may rise on back of new rules: expert

Property prices in Vietnam are set to climb next year when amended laws take effect, with improvements to the quantity and quality of projects reaching the market, said Le Bao Long, director of strategy at property website Batdongsan.com.vn, under Singaporean firm PropertyGuru.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam resort real estate supply set to grow 20% in 2024: association

The supply of resort and tourism real estate in Vietnam is expected to rise by 20% this year from 2023, with a spotlight on beachfront apartments, forecast the Vietnam Association of Realtors (VARS).

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

Vietnam a rising star in Asia-Pacific real estate: Savills

Despite facing a host of difficulties, Vietnam and its real estate market still saw growing interest from foreign investors in the fourth quarter of 2023, according to property consultancy firm Savills’ Asia-Pacific Investment Quarterly (APIQ) Q4/2023 report.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

MBBank to finance $61 mln for 780-room apartment in Binh Duong province

Phu Dong 5 Investment Company Limited, under Phu Dong Real Estate Group JSC, and MBBank have signed an agreement on financing the construction of Phu Don SkyOne apartment complex.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Danang realty market plummets in supply, demand

The central city of Danang and its surrounding areas witnessed a decline in supply and demand in the property market in 2023, apart from in the apartment segment, according to real estate consultancy DKRA Vietnam.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Apartment prices in Hanoi rise for 20 consecutive quarters, ease in HCMC

The average primary prices of apartments in Hanoi have increased for 20 consecutive quarters amid scant supply while those in Ho Chi Minh City have cooled down, according to the latest Savills Vietnam report.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Apartment supplies in southern Vietnam lowest in 5 years

Apartment supplies in Ho Chi Minh City and surrounding areas in 2023 were at their lowest level in the past five years, reported realty services firm DKRA.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam real estate market awaits rebound

Many experts predict that the Vietnamese real estate market will recover around the third quarter of 2024, but some others hold that 2024 will continue to be a difficult year for the market.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam property market to grow from Q4/2024: experts

The Vietnamese real estate market may recover from the second to the fourth quarter of 2024, prospering from Q4/2024 to Q1/2025 and then stabilizing from the first quarter of 2026, according to experts.

A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam real estate firms go 'all in' at year-end

After a quiet period, real estate businesses are looking to go "all-in" at the end of the year to gain revenue as well as warm up the market, with policies such as increasing discounts and lengthening payment periods.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Developer Phat Dat, Military Bank ink cooperation pact for $447 mln southern Vietnam project

Phat Dat Real Estate Development JSC and MB Bank have signed a comprehensive cooperation agreement for the Thuan An 1&2 real estate project in Binh Duong province.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Era of 'safe' real estate products in Vietnam: insiders

Customers are now no longer interested in on-paper property projects, and have turned to those that are being completed or have been handed over as a safe choice during this volatile period, said insiders.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam real estate majors embrace new product sales for 2024

In the fourth quarter of 2023, Vietnamese property developers are trying to catch up with their annual targets, and are mapping out plans to launch new projects after a difficult year.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

HCMC real estate transactions skyrocket in third quarter

The real estate market in Ho Chi Minh City recorded 2,003 transactions in the third quarter of this year, an increase of 561% quarter-on-quarter and 102% year-on-year.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

HCMC apartment prices soar 4 times higher than Hanoi

Prices of primary market apartments in the southern economic hub of Ho Chi Minh City had risen four times higher than in the capital Hanoi, showed a Q2 real estate report by property consultancy firm Savills Vietnam.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Binh Duong high-rise apartment project raises capital without construction permit

A trade, office and high-rise apartment complex project of Pi Group in Binh Duong province, which borders Ho Chi Minh City, has received sales deposits although it has no construction permit or permission to open for sale.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam property market likely to recover from Q2/2024: association chairman

Vietnam's real estate market is forecast to only recover and develop in a healthier and more transparent way from the second or third quarter of 2024, wrote Dr. Nguyen Van Khoi, chairman of the Vietnam National Real Estate Association (VNREA).

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

PM requests better credit access for property developers, housing buyers

Prime Minister Pham Minh Chinh on Saturday ordered the State Bank of Vietnam to create favorable conditions for real estate developers and housing purchasers to access credit.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Novaland, TPBank, Ricons join hands to complete prominent property project

Vietnamese real estate developer Novaland, construction firm Ricons, and TPBank signed an agreement on Wednesday to be able to finish the construction of an eye-catching property complex at the heart of Ho Chi Minh City.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Legal adjustments key to unleashing capital flows into real estate

Legal bottlenecks must be removed to revitalize the real estate and financial markets in Vietnam, while businesses must increase their cash flows to rescue themselves.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Real estate market faces headwinds in 2023

Though strong economic growth would help drive up Vietnam's real estate market, analysts believe many challenges await the sector this year because of lingering economic headwinds.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

2023 real estate market: many challenges, few opportunities

The Vietnamese real estate market in 2023 will continue to face difficulties with medium or low liquidity and no remarkable improvements in the short term, said Vo Hong Thang, R&D deputy director of property consultancy DKRA Vietnam.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Greater HCMC Region apartment supply up 22% in 2022

Ho Chi Minh City and surrounding provinces had 72 apartment projects open for sale last year with 26,681 units in new supply, an increase of 22% compared to 2021, according to real estate consultancy DKRA Vietnam.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Premium flats to remain leaders in HCMC housing supply: consultancy

High-end apartments are forecast to continue their dominance of new supplies this year in Ho Chi Minh City, with up to 70-80% of the total, according to real estate consultancy DKRA Vietnam.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

HCMC apartment sales slump in Q4 amid increased prices

The Ho Chi Minh City apartment market recorded just 983 new units sold in the final quarter of 2022, down 76% against the third, according to property services firm Cushman & Wakefield.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Bamboo Capital to sell luxury properties in foreign markets

BCG Land and Helios have signed strategic agreements with 13 top realty consultants to distribute properties of their King Crown Infinity project in both domestic and foreign markets.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Expensive HCMC apartments in large supply

More and more luxury and high-end apartment projects have appeared in Ho Chi Minh City, Vietnam’s southern economic hub, with prices exceeding VND200 million ($8,400) per square meter in some cases.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Luxury flats drive Ho Chi Minh City residential sector in Q2

High-end apartments accounted for almost 90% of Ho Chi Minh City’s total supply of flats in the second quarter of the year, real estate services firm CBRE said.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

HCMC apartment sales near full-2021 result in Q2

A total 9,048 new apartments were sold in the second quarter this year across Ho Chi Minh City, slightly lower than the total 10,145 units of 2021, Cushman & Wakefield said.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Why apartments along HCMC Ring Road 3 sell well

As Thu Duc city on the outskirts of Ho Chi Minh City offers convenient traffic conditions, real estate projects adjacent to key routes like Ring Road 3 have continuously attracted both buyers and investors.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

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