HoREA

Update news HoREA

HCM City to remove challenges facing 116 property projects

The HCM City government has instructed the Department of Construction to resolve the problems faced by 116 real estate projects, mostly legal bottlenecks, a demand made by the HCM City Real Estate Association (HoREA).

Poor people lose chance to buy houses with funds from gov't preferential credit package

As the VND30 trillion preferential credit package has ended, many realtors and clients have fallen into a difficult situation.

Apartments sales drop, but developers still setting high prices

No longer seen as a profitable investment segment, apartments are not selling well as investors have shifted to buy land instead.

Real estate appeal remains amid tumult

Vietnam has more real estate investment opportunities than other more mature Asia-Pacific markets, though certain difficulties remain.

Ministry of Construction to reduce housing prices, paving way for VND20 million/m2 apartments

The Ministry of Construction (MOC) has joined forces with a number of ministries and branches to draft a government resolution on solutions to encourage the development of low-cost commercial housing projects.

During COVID-19, VN real estate markets gather online

Realtors have been trying to sell products online and through mobile apps.

VN real estate not hit hard by Covid-19

The Ministry of Construction (MOC) said though the epidemic has affected the real estate market, causing a decline in supply and the number of transactions, real estate prices in some localities are still on the rise.

HCMC property developers ask for loosening of corporate bond policies

The HCM City Real Estate Association (HoREA) has asked for corporate bond regulations to be loosened to help businesses get through the COVID-19 pandemic, local media have reported.

 

Real estate to remain good investment after Covid-19 ends

Economists believe that real estate will remain a safe shelter for investors, and will still bring attractive profits in the post-Covid-19 period.

Real estate: oversupply or undersupply?

The HCM City Real Estate Association (HOREA) says there has been a sharp increase in inventory and has urged loosening of legal procedures to hasten completion of projects.

Association calls for consistent tax incentives for social housing developers

Tax incentives for developers of social housing projects for lease should be made clear and consistent to encourage private investment in the segment, according to the HCM City Real Estate Association.

HCM City property developers offer more products

The HCM City real estate market provides more housing projects and subsidises rentals to boost the market amid the COVID-19 pandemic.

VN real estate firms struggle amid Covid-19 epidemic

The coronavirus epidemic has caused a shock to global tourism, seriously affecting hotels and resorts.

Red books won’t determine the survival of condotels: experts

Real estate experts believe that the condotel growth will not depend on state agencies but on investors.

VN real estate investors advised to ‘put eggs in many baskets’

To minimize risks as the real estate market has decelerated, investors have been told not to pour all their money into one project.

Property market in 2020 may heat up thanks to new policies

Many new policies will take effect in 2020 which aim to warm up the housing market segment for those with real accommodation demand.

Real estate market forecast to be soft in 2020

The real estate market was stagnant in 2019 and it will continue to be soft in 2020, when many businesses and contractors are expected to go bankrupt because of the lack of projects. 

Law change proposed to improve real estate market in Vietnam

Ho Chi Minh City’s Real Estate Association (HOREA) has pointed out the problematic reality of Vietnam’s current real estate market and proposed changes for several regulations to improve the situation. 

 

Measures sought to make HCM City’s housing market thrive

Real estate enterprises in Ho Chi Minh City are waiting for new measures to help them deal with difficulties related to policies and credit so as to grow more stably and sustainably.

Realtors pour money into resorts as tourism booms

Many real estate developers now eye resort projects rather than the housing sector as they have confidence in the hot development of the tourism industry.