Agents’ incomes plummet amid housing supply shortage
MarketWith new supply in Ho Chi Minh City falling sharply this year and thus having little to sell, property agents are seeing commissions plunge.
Housing supply may surge in second half
MarketAs there is no sign of a real estate bubble in the first six months of 2019, the local property market, mainly in HCMC and Hanoi City, is expected to see a strong rise in home supply in the second half of the year, according to a report from the Vietnam Association of Realtors.
The steady state of Vietnam’s 2019 real estate
MarketThe supply of some real estate products in Vietnam has decreased, while their inventory is still relatively high, leading to forecasts that the market will not experience any major changes this year.
Policy bank continues providing preferential loans to low-income home buyers
PolicyHome loans at affordable interest rates will still be provided for low-income earners in order to ensure sufficient housing supply for many Vietnamese people.
HCMC: Per capita housing area by 2020 at least 19.8 sqm
MarketAccording to HCMC housing development plan for the 2016-2020 period, the total floor area of houses will increase by at least 40 million sqm; raising the target of housing area per capita of the city to at least 19.8 sqm by 2020.
