Real estate giants penetrate Hanoi’s residential market as demand shifted North
MarketSouthern’s future housing supply will peak in 2020-2021 with over 131,000 units. Meanwhile, from 2020 onward, foreign developers including Sumitomo, CapitaLand and Mitsubishi Corporation will enter Hanoi’s market.
Hanoi apartment stock hits record high in 3Q/2019: JLL
MarketThe supply rose 36.63% from the same period last year and 67.37% compared to that in 2017.
Mid-end apartments will soon dethrone the luxury
MarketSmaller, cheaper units continued to destock at the fastest pace. Meanwhile, high-end apartment expected to witness a slow down in demand, as selling price reached a new high level making the investment less attractive.
Mini apartments but not affordable prices
MarketSmall, mini or tiny apartments have been proposed to meet the needs of a large number of people with low and medium income. But in fact, prices of these apartments are not low at all.
Hanoi’s apartment prices rose slightly in Q2
MarketAccording to the market research report Quarter 2-2019 by Batdongsan.com.vn, while apartment prices in Ho Chi Minh City (HCMC) have continuously risen, that in Hanoi market have slowed down and remained stable since Quarter 4-2018.
Vietnam condominium market: from boom to steady growth
MarketVia new policies and guidelines, the government has played a stronger role in mitigating risks while developers are enhancing resilience to meet high demand for housing market driven by a growing young population and a growing expat community.
Eastern Hanoi accounts for 80 percent of new landed apartment supply
MarketFour in five apartments that opened for sale in Hanoi in the first half of 2019 are located in the eastern area of the capital city, covering 80 percent of the total new launch in the first half of 2019, property consultancy CRBE Vietnam announced in an event to review the capital city’s real estate market.
Vietnam residential is ridding on the fast lane
MarketVietnam’s residential market momentum derives from a strong economic outlook and golden demographics, Savills reported.
Poor demand around Tet strikes apartment market segment in Q1
MarketThe first quarter of the year saw a fall in both supplies and sales of apartments in HCMC, at 57% and 52%, respectively, over the same period last year, a report by property service provider Savills said, ascribing the decline to the long Tet holiday in February.
Experts: High-end apartment market needs strict filtering
MarketAlthough supply drops, demand and absorption rate tend to rise, the high-end apartment market is not a simple game for developers.
