Shophouse rentals skyrocket in downtown Ho Chi Minh City
MarketRents for shophouses in downtown Ho Chi Minh City have increased by 35 percent in 2019, according to real estate portal batdongsan.com.vn.
City house prices well beyond reach for fresh graduates
MarketAn average, basic two-bedroom flat in HCMC and Hanoi costs VND2 billion ($86,300), 28 times higher than the average annual salary of fresh graduates.
Condotel segment faces struggle, study warns
MarketCondotel prices have dropped by 8 percent, and the struggle is likely to continue for the segment in 2020, a study says.
Saigon luxury apartment prices up 40 pct in 3 years
MarketQ4 luxury apartment prices in Saigon have surged 40 percent from 2017 due to limited supply, according to real estate service firm CBRE.
Real estate agents quit in droves as Ho Chi Minh City market decelerates
MarketAround 3,000 to 4,000 real estate agents in Ho Chi Minh City have quit their jobs between January and November as new housing supply dwindles.
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.
Saigon land prices rise 3 times every decade
MarketSaigon land prices have increased 2.5-3 times every decade in the last 20 years, putting house ownership beyond most residents.
Resort real estate plunges
MarketSupply and consumption of condotels and resort villas fell by double digits in Q3 as the ‘ghost month’ held investors back.
Apartment prices rising faster than rents in Saigon
MarketThe selling price of apartments in HCMC increased 11.8 percent on average in Q3, while rents rose 5.4 percent.
HCMC admin procedures a hassle, say real estate firms
PolicyAdmin procedure delays are hurting them and robbing the city of increased investment, real estate firms tell HCMC authorities.
