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Update news real estate
Many realtors are facing difficulties as they are developing too many projects at the same time. It is the right time for wealthy realtors to ‘hunt’ for projects.
The government has done what it can do to help warm up the real estate market. However, realtors have to also take action by slashing selling prices and accepting lower profits, analysts say.
Foreign direct investment (FDI) in real estate topped 4.4 billion USD as of December 20, accounting for over 16% of the total FDI capital registered in Vietnam, and up 1.8 billion USD year-on-year.
Experts believe that in 2023 real estate firms will have to restructure their products and focus on more reasonable prices after years of very high prices.
Many businesspeople are pouring money into industrial real estate projects amid Vietnam’s macroeconomic stability and its position as a favorite destination for foreign investors.
The Ministry of Finance has proposed a regulation be brought in to ensure payments for all real estate transactions are carried out via bank...
National Assembly deputies propose that there should be reasonable monetary policies to ensure the healthy development of the real estate market.
Vietnam’s realty market, in addition to the manufacturing sector, has been attracting significant FDI from the Republic of Korean (RoK) in recent years, according to a survey by real estate consultancy Savills Vietnam.
The decision to open all air routes from March 15 and the visa policy will both accelerate negotiation of M&A deals and strengthen real estate investment activities.
Soaring capital input costs have piled pressure on lending rates, especially for home loans, as credit for the real estate sector has the highest risk coefficient and is being brought under control.
Vietnam needs to improve the legal framework to promote the development of real estate investment trusts (REITs) to add capital to the property market while bank credit and corporate bond issuance were being tightened.
The number of real estate brokers flocking to get licences to avoid punishment has skyrocketed.
Real estate leaders suggest that detailed regulations are needed to promote a healthy condotel, officetel, and resort villa sector in Vietnam.
The focus of the real estate market in the East of Hanoi at present is the Vinhomes Ocean Park 2 - The Empire project.
The HCMC government has asked the Department of Construction to coordinate with other departments and agencies to quickly remove bottlenecks facing 38 real estate projects in the city as proposed by the HCMC Real Estate Association (HoREA).
After a two-year slump due to COVID-19, the HCM City office for lease market is showing positive signs with demand increasing in all segments.
Some banks have announced to stop providing real estate loans, and the corporate bond channel to attract capital for real estate has also been tightened.
Real estate has been in a state of limbo for the last two years across the country.
Industrial and leisure properties are expected to keep drawing investors this year.
After 57 property businesses in HCM City proposed removing obstacles to 64 housing projects, 29 others have made the same petition as their 38 commercial and social housing and resettlement projects are having trouble with procedures.