Source: Enternews.vn

Hanoi and HCMC markets cool down, real estate developers rush to provincial markets

Hanoi and HCMC markets cool down, real estate developers rush to provincial markets

Market

While major markets like Hanoi, Ho Chi Minh City (HCMC), Da Nang, or Nha Trang are in short supply, provincial markets have become new destinations for real estate developers as numerous new projects launched.

Condo prices in Ho Chi Minh City dropped slightly in July

Condo prices in Ho Chi Minh City dropped slightly in July

Market

Compared to June, the average asking price for Ho Chi Minh condos has fallen slightly last month. In year-on-year period, the price still stays in an uptrend.

Ho Chi Minh City condo supply soars in H2-2019

Ho Chi Minh City condo supply soars in H2-2019

Market

Since August, shortening legal procedures for real estate in Ho Chi Minh City (HCMC) has led to an increasing supply of condo, in response to higher demand.

Greening affordable housing in Vietnam face many challenges

Greening affordable housing in Vietnam face many challenges

Policy

In Vietnam, green buildings are normally considered as expensive and only for luxury and high-end segments. But in fact, they provide more benefits for investors in the long term than normal buildings and reduce the economic burden for low- and middle-income households, heard from experts at workshop in Hanoi on July 26.

Hanoi’s apartment prices rose slightly in Q2

Hanoi’s apartment prices rose slightly in Q2

Market

According 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.

Average apartment price in Ho Chi Minh City increases by 12.3% in May

Average apartment price in Ho Chi Minh City increases by 12.3% in May

Market

Under the pressure of lack of new supply, prices of apartments in Ho Chi Minh City (HCMC) last month continued to rise by 12.3% on average.

Deposit on home purchase shouldn’t exceed VND50 million: HoREA

Deposit on home purchase shouldn’t exceed VND50 million: HoREA

Policy

To prevent the situation that some property businesses take advantage of the Civil Law to illegally mobilize capital, Ho Chi Minh City Real Estate Association (HoREA) proposed limiting the amount of deposit on home purchases.

How does US-China trade war affect Vietnamese resort real estate?

How does US-China trade war affect Vietnamese resort real estate?

Market

The US-China trade war has been affecting the global economy. Factors that contribute to the appearance of Vietnam economy, including resort real estate sector will also be affected by this trade war.

Apartment prices in HCMC go far beyond Hanoi's

Apartment prices in HCMC go far beyond Hanoi's

Market

Before 2014, Hanoi apartments had a higher price range than Ho Chi Minh City’s. However, this price gap was shortened and now HCMC is the one who leads the domestic market.

Traffic congestion makes tenants leave offices in central Hanoi

Traffic congestion makes tenants leave offices in central Hanoi

Market

Inconvenience in transportation and limited mobility have made many tenants move out office spaces in the central districts of Hanoi.

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