HCM City rental market continues slump Business

HCM City rental market continues slump

Many investors in HCM City are struggling to rent their apartments as the market continues its tepid streak that began in early 2016, according to the Dau Tu (Vietnam Investment Review) newspaper.
 HCM City aims for sustainable realty market Business

HCM City aims for sustainable realty market

Vice Chairman of the HCM City People’s Committee Le Van Khoa asked relevant departments to improve management and take measures to tackle factors that could create the conditions for a property market bubble.
Real estate market growth remains positive Business

Real estate market growth remains positive

An economy with relatively high growth, the high proportion of foreign direct investment (FDI) capital and remittances spurred growth for the Vietnamese real estate sector in 2016.
Top developers eye affordable housing Business

Top developers eye affordable housing

The property market expects to see a wave of developers expand into affordable housing developments, which faced a severe shortage until the Government took steps to promote investment.
 Multi-house tax proposal causes stir Business

Multi-house tax proposal causes stir

The idea of taxing those owning multiple houses, in a bid to prevent speculation, is causing a stir over whether such a tax is feasible, and the impact it might have on the housing market.
HCM City: Developers look to youths Society

HCM City: Developers look to youths

Young buyers make up a promising segment for the HCM City real estate market because of the high rate of migration to the city and rapid urbanisation, a conference heard on Oct 13.
Transparency essential to real estate growth Business

Transparency essential to real estate growth

It is necessary for housing developers, contractors, banks and State agencies to cooperate in disclosing information about real estate projects to avoid panicking buyers, experts have said.
Calls for new property investment law Society

Calls for new property investment law

Real estate associations have proposed amending the Law on Land and the Law on Trading Real Estate to create favourable conditions for investors in property investment.
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.
Property market recovering: forum Business

Property market recovering: forum

The property market will continue recovering but experts told an online forum held by Dau Tu (Investment) newspaper recently that they do not expect breakthroughs in the second half of this year.
HCM City: more apartments, less demand Business

HCM City: more apartments, less demand

More than 10,000 apartments were put for sale in Ho Chi Minh City in the second quarter of 2016, of which just over 5,800 units were sold, according to property service firm CBRE Vietnam.