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HCMC needs 50,000 apartments per year to meet demand: Savills

Ho Chi Minh City will need about 50,000 new apartments each year to meet demand, with 60-70% in the affordable segment, but current supply is falling way short, according to Savills Vietnam.

Real Estate - Fri, May 3, 2024 | 8:00 am

Luxury boom drives competition for prime retail space in HCMC

Demand for luxury retail in Ho Chi Minh City has seen exponential growth, driven by positive growth momentum and the rise in the city's wealthy customer base, said Savills Vietnam analysts.

Real Estate - Mon, April 22, 2024 | 5:23 pm

Hanoi low-cost apartment supply down 47% yearly since 2020: Savills

Hanoi’s supply of budget apartments priced below VND30 million ($1,179) per square meter has dropped 47% every year since 2020, according to real estate service firm Savills Vietnam.

Real Estate - Sun, April 21, 2024 | 9:40 am

Vietnam urban trade centers see higher occupancy, rentals with foreign brands’ entry

With the entry of foreign brands, shopping centers in Hanoi and Ho Chi Minh City witnessed a steady increase in rentals and occupancy rates in the year’s first quarter.

Real Estate - Thu, April 18, 2024 | 3:38 pm

Hanoi, HCMC primary condo prices move in opposite directions

Primary prices of condominiums in Hanoi soared in Q1/2024 on high demand from homebuyers, but slid in Ho Chi Minh City, according to major property service firms Savills and CBRE.

Real Estate - Sun, April 14, 2024 | 8:00 am

Vietnam real estate: big room for foreign businesses: Savills

With advantages from macro factors and an attractive market across most real estate segments, Vietnam is still a promising destination for foreign investors despite current market woes, according to Savills Vietnam.

A year in review and 2024 forecasts - Wed, March 20, 2024 | 10:27 am

60% of foreign homebuyers in Vietnam look for capital gains

Over 3,000 foreigners bought housing in Vietnam between 2015 and the third quarter of 2023, 60% of whom were buy-to-gain investors, real estate service firm CBRE said in a report.

Real Estate - Mon, March 18, 2024 | 10:53 am

New land law offers more chances for overseas Vietnamese to own real estate in Vietnam: Savills

The expansion of land use rights for overseas Vietnamese (OV) in the recently passed 2024 Land Law is good news for OVs who want to own real estate in Vietnam, said experts from Savills Vietnam.

Real Estate - Fri, March 15, 2024 | 1:51 pm

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 - Tue, February 27, 2024 | 9:40 am

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 - Wed, February 7, 2024 | 2:43 pm