Demand for affordable apartments on the rise Business

Demand for affordable apartments on the rise

The affordable apartment segment will be the star of the property market in the coming years, but its supply is increasingly scarce while the demand for this type of apartment remains high, according to an analysis by property services firm CBRE Vietnam.
HCM City condo market begins to recover Business

HCM City condo market begins to recover

Condominiums remain the best bet for people living in big cities thanks to their affordable prices, and not surprisingly the HCM City apartment market is showing signs of recovering after the slowdown caused by the Carina Plaza fire at the beginning of this year, insiders said.
Ho Chi Minh City in property boom Business

Ho Chi Minh City in property boom

The HCM City housing market will continue to grow this year, especially the 1 billion VND (44,000 USD) condo segment, the HCM City Real Estate Association (HoREA) has predicted.
Projects in major cities go ahead Business

Projects in major cities go ahead

The HCM City Department of Construction allowed developers Quoc Cuong Gia Lai and Ha Do to sell future properties at their projects in districts 7 and 10, respectively.
Association proposes housing stimulus package Society

Association proposes housing stimulus package

The HCM City Real Estate Association has proposed the State Bank of Vietnam raise a stimulus package similar to its previous 30 trillion VND (1.3 billion USD) preferential home loan package.
Government urged to boost foreign home-buying Business

Government urged to boost foreign home-buying

The Ho Chi Minh City People’s Committee has asked relevant departments to tackle problems in granting house ownership certificates to overseas Vietnamese to encourage their investment into the real estate market.
Mid-priced flats in vogue in HCM City Business

Mid-priced flats in vogue in HCM City

The mid-priced apartment segment in Ho Chi Minh City is developing strongly with demand and supply and liquidity all looking up, especially in the eastern part, experts said.
Developers ask EVN to pay for power grid Business

Developers ask EVN to pay for power grid

The HCM City Real Estate Association on August 10 asked the local Electricity of Vietnam (EVN HCMC) branch to pay for building the electricity grid for projects being incurred by developers.
SBV asked to keep lending limits Business

SBV asked to keep lending limits

The HCM City Real Estate Association (HOREA) has proposed the State Bank of Vietnam (SBV)'s regulations on lending limits and capital adequacy ratio requirements for credit institutions.