Difficulties gradually on the wane in real estate sector
MarketThe real estate market boasts great expectations ahead of a series of amended laws and favourable interest rate policies.
Real estate market prepares for renewal from 2025
MarketAlong with positive changes in the macroeconomic picture, real estate players are pining for 2025 when new laws come into play.
Critical juncture set for real estate prospects in 2024
MarketDespite fluctuations expecting to continue in the Vietnamese real estate market for some months, industry analysts are quietly optimistic that 2024 will mark a turning point for a new cycle of recovery and development.
Vietnam: a real estate market rebound in the making
MarketMortgage rates peaked at as high as 16 per cent at some banks in early 2023 but subsequently dropped dramatically. They are now comparable to levels that prevailed before the government’s aggressive policy rate hikes last year sent borrowing rates soaring. Nevertheless, a full revival of sentiment and transaction activity is not likely until mid-2024.
New real estate law to clean up conditions
PolicyThe new Real Estate Business Law, passed by the National Assembly in November and effective from 2025, could narrow the scope of regulation and tighten conditions for transferring real estate projects.
