New residential launches and projects await in a vibrant last quarter
MarketIn the last quarter of 2019 and 2020, the market is expected to welcome approximately 50,000 units across the two biggest megacities Hanoi and Ho Chi Minh, according to the latest report by CBRE.
Trade war heats up Vietnam’s realty market
MarketForeign firms usually apply the ‘China+1’ model, which means that they build a facility in China and then look for a new destination to become an intermediary or a target for expansion and relocation in the future.
Vietnam residential is ridding on the fast lane
MarketVietnam’s residential market momentum derives from a strong economic outlook and golden demographics, Savills reported.
Condominiums account for nearly 25% of new housing supply in HCMC
MarketProportion of condos in the total of newly-built homes in Ho Chi Minh City in the last five years is 24.6%, a sharp increase over the previous periods, when the proportion only ranged from 3 to 10%.
Hanoi plans to inspect condominium buildings
PolicyThe Hanoi’s Department of Construction has just released Plan 20/KH-SXD regarding the inspection of condominium buildings in its districts.
MoC inspects management and operation of condominiums
PolicyThe management, operation and use of condominiums in Hanoi and Ho Chi Minh City will be inspected by the Ministry of Construction (MoC) at the end of March.
