New shopping malls are anticipated to enter the market, mainly on the city’s outskirt. Meanwhile, retailers and mall developers are reinventing themselves to provide a variety of entertainment and lifestyle activities.
Rents for shophouses in downtown Ho Chi Minh City have increased by 35 percent in 2019, according to real estate portal batdongsan.com.vn.
Hanoi, Saigon and Da Nang have improved their rankings in a listing of top 100 city destinations for international tourists.
Q4 luxury apartment prices in Saigon have surged 40 percent from 2017 due to limited supply, according to real estate service firm CBRE.
Subsidence has been eating away at a ward in Ho Chi Minh City for decades, leaving residents in misery as their houses go down.
With new supply in Ho Chi Minh City falling sharply this year and thus having little to sell, property agents are seeing commissions plunge.
Vietnam rolled out an affordable housing program, but when its billion dollar allocation ran out, many projects stalled.
Ho Chi Minh City ranked 3rd out of 22 cities in the Asia-Pacific for property investment in 2020, according to a report by PwC, as all asset classes in the southern commercial hub are recommended to be bought next year.
Coworking startup WeWork plans to open two more offices in Ho Chi Minh City’s District 1 this month.
In the context of many nations developing their international financial centres, Vietnam may also begin to follow suit.
Ho Chi Minh City has seen no new supply of affordable housing in the third quarter because of low profit margin.
Construction of Saigon's Metro Line 1 could stop with two ministries sitting silent on a proposal to increase its investment, HCMC chairman Nguyen Thanh Phong warns.
While tens of thousands of households are renting temporary, more than 14,000 apartments for resettlement after projects in Ho Chi Minh City (HCMC) have been deserted for many years.
A VND6.4 trillion ($292 million) underground shopping complex near the iconic Ben Thanh Market is scheduled to begin operations in 2021.
The time required to complete the paperwork for home ownership certificates in HCMC will be shortened as the municipal Department of Natural Resources and Environment has authorized districts to issue these certificates and has cooperated with the Tax Department to help residents pay taxes online.